Latest Stories

Latest Stories

There's always room for pet projects

Dec 18, 2007
The $516 billion federal spending bill OK'd by the House and now before the Senate funds 14 cabinet agencies and the war in Afghanistan. It's also got 9,000 earmarks in it. Jeremy Hobson has this holiday spending tale.

FCC OKs new media ownership rules

Dec 18, 2007
The FCC has voted to relax regulations on media ownership, allowing broadcasters to run newspapers in the top 20 media markets. A decision advocated by its chairman, Kevin Martin. However, as Lisa Napoli reports, we probably haven't seen the last of this decision.

Fed offers new mortgage plan

Dec 18, 2007
The Fed's Board of Governors has endorsed new rules to protect home buyers from shady lending practices. But critics are wondering where the Fed's been since August. Nancy Marshall Genzer reports.

Education: Debt or Savings

Dec 18, 2007
Question: My husband is planning to start a two-year Master's degree program next fall (2008) which will cost about 24,000 total. We have enough...

ECB holds a special on loans

Dec 18, 2007
For two weeks, the European Central Bank is offering unlimited loans at below-market interest rates. Megan Williams reports the ECB hopes to make more credit available to businesses to keep the economy from further slumping.

Construction numbers sink to new low

Dec 18, 2007
Construction of new single-family homes hit a 16-year low last month, according to a Commerce Department report this morning. Amy Scott reports this could affect many other industries well into next year.

How much for the Magna Carta?

Dec 18, 2007
We have the Magna Carta to thank for documents declaring the rights of man and the sovereign system of government. And now for a few million, you can own it. Jeremy Hobson has more on the Sotheby's auction.

For public good, not for profit.

Wii still not restocked yet

Dec 18, 2007
Anyone who's tried to get a Nintendo Wii this season knows how much they're in demand. Doug Krizner talks to Leo Louis of the Times of London about why supply is so short -- and whether the shortage might be intentional.

High numbers make you highly suspect

Dec 18, 2007
Goldman Sachs earnings come out today, and while the firm is expected to have healthy numbers, it's not easy to be considered the "smartest firm on Wall Street." Sam Eaton reports people will be watching closely.

Lessons of 'Snowpeople' not cool

Dec 18, 2007
A wintry picture book lauding individuality through a shopping spree to Saks Fifth Avenue is not something commentator Susan Linn sees fit for any 4-year-old she knows. She warns of the dangers of early branding.