Latest Stories

Latest Stories

Google jumps into undersea cable

Feb 26, 2008
Google has partnered with five Asian telecommunications firms to build a 6,000 mile undersea broadband cable connecting the U.S. with Japan. Jeff Tyler reports on what the Internet giant could be planning.

Oil industry needs fill-up of skilled labor

Feb 26, 2008
With oil demand and prices at all-time highs, American oil companies are desperately trying to find more skilled workers. Schools are responding by pumping up programs to increase the flow of technicians. Kate Archer Kent reports.

Where does that $3 trillion go?

Feb 26, 2008
This year President Bush proposed a federal budget of more than $3 trillion. Kai Ryssdal talks to Scott Bittle, author of "Where Does the Money Go?," about how taking a closer look at the spending of federal dollars could help avoid future deficits.

FDIC staffs up for failed banks

Feb 26, 2008
In anticipation of a surge in bankrupt banks from the credit crisis, the Federal Deposit Insurance Corp. is recruiting retirees experienced in handling insolvent financial institutions. Stacy Vanek-Smith reports.
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U.S. wants sovereign wealth openness

Feb 26, 2008
The United States has joined the European Union in pushing for more transparency and accountability in sovereign wealth funds, which manage state savings for the purposes of investment. John Dimsdale reports on what the U.S. and E.U. are concerned about.

Inflation, home prices go opposite ways

Feb 26, 2008
There was a big jump in wholesale prices in January showing inflation is rising faster than it has since 1981. Yet home prices are on a steep decline. Jill Barshay reports on what the conflicting figures say about the economy.

Running from the alter is expensive

Feb 26, 2008
A proposal in Mexico would make runaway brides and grooms reimburse each other for the expenses of the wedding, rather than leave the bride's family with the bill. Dan Grech reports the bill could have a negative effect.

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The anti-depressants aren't working

Feb 26, 2008
A study out on anti-depressants says Prozac and Paxil have more or less the same effect as placebos. The companies that produce these drugs have dismissed the report's findings. Stephen Beard reports.

Market will be healthy for stem cells

Feb 26, 2008
Stem cell experts are predicting the industry will grow from $36 million to $8.5 billion in the next 10 years. Jeremy Hobson reports much of that will be for the treatment of the nation's deadliest diseases.

China gets on board building the rails

Feb 26, 2008
A large-scale Chinese IPO is hoping to raise billions to help build up the country's railway. Scott Tong reports China doesn't have nearly enough tracks to cover the millions of commuters on the rails.