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Latest Stories

Latest Stories

Bond insurer losses may hit the streets

Jan 31, 2008
The world's largest bond insurer, MBIA, posted a quarterly loss of $2.3 billion largely due to fallout from mortgage-backed securities. Ashley Milne-Tyte reports on the impacts on government projects funded by municipal bond markets.

Lilly accused of unapproved drug sales

Jan 31, 2008
Drug maker Eli Lilly is facing allegations of marketing its top-selling drug, Zyprexa, intended to treat schizophrenia and bipolar disorder, for other ailments. Stacey Vanek-Smith reports.
Eli Lilly drug Zyprexa, used to treat schizophrenia and severe bipolar disorder.
Eli Lilly

I don't want an ugly American passport

Jan 31, 2008
The plain pages of U.S. passports are now being replaced with pages displaying Americana and quotes of famous presidents. Commentator and travel writer Karrie Jacobs says the new look is not something she's proud to have in hand.

College Choice

Jan 31, 2008
Question: My son, a high school senior, was accepted to one of Minnesota's private colleges. We have been fortunate in that we invested over the...

When bond insurers lose credit

Jan 31, 2008
Bond insurer MBIA's fourth-quarter report shows a loss of over $2 billion. Steve Henn looks into why a triple-A credit rating is important for bond insurance, and how the loss of such a rating could affect you.

King stays head of Bank of England

Jan 31, 2008
Mervyn King has been reappointed governor of the Bank of England. The reappointment seemed unlikely, as King was widely attacked last year for his take on the subprime crisis. Stephen Beard reports.

Obama's economic adviser on the plan

Jan 31, 2008
What are Senator Barack Obama's plans for the U.S. economy? Doug Krizner speaks with Professor Austan Goolsbee, the Democratic presidential candidate's chief economic adviser.

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Mike Huckabee's plan for the economy

Jan 31, 2008
Scott Jagow talks to French Hill, senior adviser for Republican presidential candidate Mike Huckabee, about what Huckabee is proposing to do for the economy.

No Democrats left on the SEC

Jan 31, 2008
The second of two Democrats who sat on the Securities and Exchange Commission is leaving today. Nancy Marshall Genzer looks into whether the SEC will still have the same bite or turn into a kinder, gentler agency.

Papers required for border crossings

Jan 31, 2008
A new rule out today requires anyone crossing the U.S. borders with Canada and Mexico to provide a passport or drivers license along with a birth certificate. Dan Grech explores how this might affect tourism.