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Fed chief Ben Bernanke spoke to the Bundesbank in Berlin today. We were all ready for a statement, but he uttered not a word about the little financial crisis we're having.
The nation's largest home lender is reported to be looking for another $2 billion. The prospect that Countrywide might need more money, after Bank of America ponied up $2 billion just last month has already jittery markets on edge. Steve Tripoli reports.
OPEC agreed today to increase production by a small amount -- about another half-million barrels a day. Cartel members said they're worried about the U.S. mortgage mess. Stephen Beard reports.
Six years after 9/11, the Department of Homeland Security is taking steps to plug what Secretary Michael Chertoff describes as a major gap in the country's defenses -- private planes. Steve Henn reports.
Everybody from the Federal Reserve to the European Central Bank to the newest fund manager on Wall Street is worried about subprimes and the liquidity crisis. But commentator Bruce Stokes says there's an even greater challenge out there.
With wild tigers on the brink of extinction, many countries ban the sale of hides and bones. But China is considering lifting its restrictions. It's part of a free-market approach to conservation that's novel -- and controversial. Scott Tong reports.
It's important in business to keep up appearances. But what if your office was all appearances? As in, more like a movie set with extras posing as your staff? Cash Peters reports on the growing trend of virtual offices.