Chicago residents will vote in today's mayoral election whether city employees should live in the city. Other cities that have lifted the requirement have found it leads to even further shrinking of the middle class.
According to the S&P Case-Shiller home-price index, U.S. home prices continued to decline in December. According to David Blitzer, chairman of S&P's index committee, prices in 18 of 20 cities were down over the last 12 months. Janet Babin explains.
The National Association of Realtors may have overstated existing home sales figures, potentially going back several years, according to new reports issued today. As Janet Babin explains, this could mean that the housing crisis was even worse than initially thought.
As protests continue in Libya, economists are looking at whether the turmoil in the country could have a permanent effect on the price of oil. The BBC's Chloe Arnold reports from Algeria on how political unrest could change oil production in Libya.
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