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Latest Stories

Blowing bubbles

Nov 3, 2005
Finance expert Chris Farrell tells host Scott Jagow that many economists are uncomfortable with outgoing Fed Chief Alan Greenspan's laissez-faire attitude toward market bubbles.

Hedge Funds Drop

Nov 3, 2005
Investments in hedge funds have dropped while the purchase of junk bonds has increased. What's going on? Stacey Vanek Smith reports.

Gates guns for Google

Nov 2, 2005
Microsoft has announced plans to offer an online version of its Windows operating software, going head-to-head with archrival Google in the field of cyber applications. Ethan Lindsey reports.
Bill Gates
photo Mike Clarke/AFP (c) Getty Images

Gas prices dip, a little

Nov 2, 2005
The government reports Wednesday that crude oil inventories grew for the fourth straight week. At the same time, the average price of gas has dropped to pre-Katrina levels. Bob Moon reports.

A poor grapefruit outlook

Nov 2, 2005
Hurricane Wilma devastated more than half of Florida's grapefruit crop. Robin Sussingham looks at what the damage will likely mean for consumers.

Direct to consumer advertising

Nov 2, 2005
The FDA is considering revising rules about how much risk information prescription drug commercials must include in their television advertising. Hillary Wicai reports

The cost of preventing bird flu

Nov 1, 2005
The president wants to spend $7.1 billion of the people's money to guard against avian flu. But medical historian and commentator Howard Markel wonders whether it's being spent wisely.

For public good, not for profit.

Pigs at the trough?

Nov 1, 2005
The House this week considers a proposal to trim $50 billion from the federal budget. Commentator Susan Lee says the amount doesn't go far enough.

You've come a long way, baby Bells

Nov 1, 2005
The FCC gave the go-ahead Monday to mergers between SBC and ATT and between Verizon and MCI. What's all this consolidation going to mean for consumers? Stacey Vanek Smith has the answer.

Bush takes on bird flu

Nov 1, 2005
President Bush is expected Tuesday to unveil his plans to combat a potential outbreak of bird flu in the U.S. But where's the money going to come from to pay for it? Cheryl Glaser reports.