Latest Stories

Latest Stories


Bush needs help from GOP friends

| Sep 7, 2007
Next week, lawmakers will be voting on a wide array of budget bills. Odds are President Bush will veto anything he thinks spends too much or that hints of a tax increase. But to succeed, says commentator Jeff Birnbaum, he'll need a little help from his friends.
Posted In: Taxes, Washington

China's influence seen at summit

Scott Tong | Sep 7, 2007
In the lead-up to the APEC summit, President Bush has had to fend off accusations he's been ignoring the Asian Pacific region. China, on the other hand, has been very attentive -- as our Shanghai correspondent Scott Tong reports.

Congress not toying around on imports

Janet Babin | Sep 7, 2007
Lawmakers will hold hearings later this month into why so many tainted Chinese imports have been showing up on store shelves. Mattel CEO Bob Eckert and a government agency will be on the hot seat. Janet Babin reports.
Posted In: Retail, Washington

Job figures could help trigger rate cut

Bob Moon | Sep 7, 2007
The Labor Department reported today that the employment market lost ground for the first time in four years. The news shocked many analysts, and it could give the Fed some added cover to cut interest rates. Bob Moon reports.
Posted In: Jobs, Wall Street

It takes a village to nurture a retiree

| Sep 7, 2007
Communities of retirees have sprung up as a desirable alternative to giving up homeownership for senior living. Wren Elhai visits with one new village member in Washington, D.C.
Posted In: Retirement

Educating Rico: How to re-fi

| Sep 7, 2007
This week, the Fed issued new guidance for lenders to help homeowners re-finance their mortgages. But you can't re-fi if you barely know what it means. On this installment Educating Rico, Rico Gagliano learns how a re-fi works -- and why sometimes, it doesn't.

Navigating tax policy change

Tess Vigeland | Sep 7, 2007
President Bush recently announced that he'd push for at least a temporary change in tax policy to help homeowners who either short sell or foreclose on their homes. Tess Vigeland finds out more with Los Angeles Times personal finance writer Kathy Kristof.

Straight Story: Improving our health care

Chris Farrell and Tess Vigeland | Sep 7, 2007
Presidential candidates are saying that we have the "best health care system in the world." Chris Farrell says we should make that statement true -- through universal health care.

Why don't you write us?

Tess Vigeland | Sep 7, 2007
Every month, we go over listener comments about the show. This month, Tess Vigeland gets responses on an old debt, the expertise of members in our investment club series and an engineering versus a liberal arts education.
Posted In: Education, Retirement

Buzzword: LIBOR

| Sep 7, 2007
This week, the LIBOR rose to a six-year high. And if you have an adjustable-rate mortgage, you know that's not a good thing.
Posted In: Economy, Housing