Latest Stories

Latest Stories


When this man talks, markets get giddy

Kai Ryssdal | Nov 28, 2007
Donald Kohn, vice chairman of the Federal Reserve, gave a little speech this morning in which he indicated the Fed might cut interest rates. Wall Street got all excited, despite the fact that Kohn emphasized how bad the economy was. Kai Ryssdal has more.
Posted In: Economy, Wall Street

Economy still struggles with durability

Alisa Roth | Nov 28, 2007
Orders for durable goods -- items meant to last at least three years -- dropped for the third straight month in a row. This also suggests a slow-down in manufacturing. Alisa Roth reports.
Posted In: Economy

The Blackwater effect on contractors

Ashley Milne-Tyte | Nov 28, 2007
Private security firms in the U.S. have had a hard time since the Blackwater shootings. Ashley Milne-Tyte looks into whether hurt reputations have affected the companies' bottom lines.
Posted In: Jobs

Carson Daly goes back to work

| Nov 28, 2007
Carson Daly will be the first late-night talk show host to go back to work since the WGA strike began three weeks ago. Renita Jablonski reports the union is not very happy with the decision.
Posted In: Entertainment, Jobs

Frequent fliers aren't going as far

Stacey Vanek Smith | Nov 28, 2007
Discount carriers have made it tougher for frequent fliers to cash in on their miles. Stacey Vanek-Smith explores how far those benefits will take you now, and whether frequent-flier programs build customer loyalty.
Posted In: Travel

Shareholders to work it out online

Jill Barshay | Nov 28, 2007
The SEC wants to smoothen out relationships between companies and their shareholders by using the Internet as a neutral communication platform. Jill Barshay how this tactic might help ease tensions and save time.
Posted In: Investing

Barclays outlook now more sunny

Stephen Beard | Nov 28, 2007
The storm seems to be abating for British bank Barclays, despite detrimental rumors of subprime suffering and a written-off $2.75 billion. Stephen Beard reports how the bank is taking action with its renewed confidence.
Posted In: Investing

OPEC: $100 oil not due to supply

Stephen Beard and Scott Jagow | Nov 28, 2007
High-consuming oil countries have been putting the pressure on OPEC to pump more oil to prevent it surpassing $100 a barrel. But Stephen Beard tells Scott Jagow that OPEC blames the price hike on other factors.
Posted In: Economy

Canada welcomes medical tourists

Stacey Vanek Smith | Nov 28, 2007
Canada is getting in on U.S. "medical tourism," making it easier for Americans looking for more affordable health care to visit the country for treatment. Stacey Vanek-Smith looks into the trend's growing profitability.
Posted In: Canada, Health, Travel

Middle East peace won't change oil

| Nov 28, 2007
If peace between Israel and the Arab states became a reality, would the price of oil come down? Commentator David Frum doesn't think so -- he says it's the market conditions that matter, not the political decisions.