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Latest Stories

Latest Stories

Recession . . . with a silver lining

Mar 14, 2008
Oil is up, the dollar is down and economists are saying there's no more denying a recession. But Nancy Marshall Genzer reports despite trouble in the market, there's a silver lining to the weakened economy.

The rise of the hostile techover

Mar 14, 2008
The slowdown in the economy has made takeover attempts more common amidst tech companies. Sam Eaton reports why this is a relatively new tactic in Silicon Valley and how these moves could potentially backfire.

Keeping doors open for students

Mar 14, 2008
Congress is concerned about an imminent crisis in the student loan industry. Jeremey Hobson looks into the subprime crunch's spillover into educational funding and why some lenders are closing up shop.

The Cultures of the Future

by Meaw
Mar 14, 2008
I will have to learn how to ski one day. Just to know if I could have lied when the woman at the ski Dubai counter asked me if I knew how to ski. I...

Paulson's ideas could tighten market

Mar 14, 2008
Treasury Secretary Henry Paulson outlined several recommendations yesterday for the financial markets, including tougher licensing requirements. Stacey Vanek-Smith looks at whether this extra regulation will help.
U.S. Treasury Secretary Henry Paulson addresses developments in financial markets.
Win McNamee/Getty Images

An accurate gauge of inflation?

Mar 14, 2008
Government economists use the Consumer Price Index measure inflation based on our needs -- from food and housing to clothes and transportation. But some think the CPI isn't very accurate. Alisa Roth reports.

Gas is reaching the big 4

Mar 14, 2008
Four dollar per gallon is slowly becoming a reality in many parts of the country. Lisa Napoli talks to Garrett Nishida, front desk manager of the Sheraton in Maui, about his feelings on the new gas prices in Hawaii.

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When it's no longer Wrigley Field

Mar 14, 2008
Seventy-two percent of Chicago Cubs season ticket holders said they would boycott games if Wrigley Field changed its name. Lisa Napoli talks to sports commentator Diana Nyad about the potential side effects of corporate sponsorship.

Unlucky Thirteen

by Meaw
Mar 14, 2008
We took a few hours off to go to the beach today. Jumeirah Beach Park costs just 5 dirhams to get in (less than $1.50), and it's beautiful. The...

Modernity and Islam go together

Mar 13, 2008
When you see a woman in Dubai covered in black from top to bottom, including her face, but sporting hot-pink stilletto heels, you might assume some kind of disconnect between Islam and the present day. Commentator Samer Shehata says that's not the case at all.