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The new brand A Bathing Ape is the latest fashion craze for urban teens. Youth Radio's Ayesha Walker loves to shop, but she's not so hot on the high price for a hooded sweatshirt, and the fact that kids wearing them are targeted for theft.
The Commerce Department said June retail sales posted their steepest drop in nearly two years compared to May. Yet, at the same time, consumers said they're more optimistic about the economy and their pocketbooks. Jill Barshay sorts it out.
Last month when the Blackstone Group went public there were protests over how it engineered a deal allowing it to pay less than half the tax rate paid by most other public companies. Well, it's now reportedly done itself one better. Steve Henn explains.
On Sunday a huge hike in music royalties for webcasters goes into effect that could threaten many Internet radio sites. Bob Moon talks to Tim Westergren and John Simson, who hold opposing views on the issue.
Paris is launching one of the the biggest city bike networks the world has ever seen. For a small fee, Parisians will be able to borrow a bicycle at one of 750 stations around the city. John Laurenson went for a ride.
Hotel chains are doing a lot more to attract your business these days. With competition heating up, they're investing in things like flatscreen TVs and MP3 players to entice you to stay. Alex Goldmark checks in.