With high gas prices and the lack of a must-have, big-hit item, consumer spending isn't expect to grow much this holiday season. But, as Amy Scott reports, people will still be doing plenty of shopping.
Since Goldman Sachs has managed to evade a lot of the market trouble caused from subprime, they're giving back with a new billion-dollar charitable fund. Amy Scott reports it's also an effective way to avoid criticism.
The index of leading economic indicators has been a strong tool for analysts to determine the likelihood of a recession. But Amy Scott reports the LEI coming out today might point to something else, if it matters at all.
If you buy something on eBay and it turns out to be a fake, whose fault is it? Tiffany & Co. is suing the online auction site for not doing enough to stop the sale of knockoffs. The case could change the rules for online commerce. Amy Scott reports.
Remember that special, $75 billion fund some big banks were planning to prop up the credit markets? Details came out today about how the fund will work -- or how it won't, as some see it. Amy Scott reports.
Consumption has nearly doubled in the U.S., and fashion leads the way. One growing retail fashion chain, H&M, specializes in budget knockoffs of high-end clothing, with inventory coming in daily. Amy Scott reports from the shopping frenzy.
General Motors looked like it was on the upswing until this morning, when reports showed the company lost a record $39 billion in the last three months. Amy Scott reports the trouble came from accounting . . . and subprime.