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Latest Stories

Latest Stories

A campaign fundraising revolution?

Mar 21, 2008
FEC disclosures reveal a large percentage of donations to the two Democratic presidential nominees have come through small contributions via the Web. Does this mean the end of dependence on big donors for political campaigns? Steve Henn reports.

China's biggest bank sells off bonds

Mar 21, 2008
China's biggest bank will sell more than $1 billion in bonds, backed by Chinese corporate loans, to fellow Chinese banks. It's good timing, with U.S. banks in disarray, but Chinese corporations aren't as transparent as their Western counterparts. Stacey Vanek-Smith reports.
A customer leaves a branch of the Industrial and Commercial Bank of China in Shanghai, 18 January 2008.
Mark Ralston/Getty Images

Are the clouds parting this Good Friday?

Mar 21, 2008
Between bank bailouts, a lower number of housing starts and a credit crunch, there doesn't seem to be much to be optimism about in the U.S. economy. But Bob Moon reports that with a slight dollar upswing and a rise in exports, we may be soon seeing sunnier days.

Bailout Fallout

Mar 21, 2008
This is an intriguing comment/proposal by a listener, Matthew in Los Angeles. My own sense is that there is growing resentment, maybe even anger,...

Starbucks suit tips in baristas' favor

Mar 21, 2008
Starbucks baristas in California have won $100 million in back tips from a class-action lawsuit forbidding supervisors to share lower-level employee gratuity. Dan Grech reports where baristas draw the rank lines.

Earmarks create a Web collapse

Mar 21, 2008
A new online earmark tracking system shut down the day requests were due because of an overload of traffic. John Dimsdale reports this could be an indicator of the House's inability to track and prioritize these projects.

A Turning Point

Mar 21, 2008
It's too early to say we're at a turning point in the banking and Wall Street financial crisis. One week does not make a trend. Still, it's...

For public good, not for profit.

The long journey into Taiwan

Mar 21, 2008
Getting across the Taiwan strait these days is a major hassle, even though there's plenty of business back and forth. Scott Tong recreates the journey of one American businessman who travels almost all day to get to his destination.

Discounts can't prevent retail pinch

Mar 21, 2008
Off-price retailers are set to release earnings reports next week, and they may be starting to feel the pinch of recession. Sally Herships reports analysts have high hopes, but even discount retail might suffer.

Dogs on the uptick in NCAA

Mar 21, 2008
The Drake Bulldogs are a potential Cinderella story in the NCAA tournament this year, which could mean big money for their school. Dan Grech reports on the possible increases in merchandise sales and out-of-state applicants.