The U.S. textile industry was on the brink of collapse a few years ago when Chinese imports were flooding the market. But subsidies in the current Farm Bill have put the industry a cut above foreign competitors. Leoneda Inge reports.
Consumer spending is down, leaving stores with a lot of unsold inventory. So retailers are unloading those items to companies that specialize in liquidating merchandise, and business for inventory cleaners is booming. Joel Rose reports.
President Obama's stimulus package is full of lots of proposals to boost our economy. Commentator R. Glenn Hubbard says one cost-effective and easy way to lead us to recovery is lowering mortgage rates.
North Dakota's Democratic Sen. Kent Conrad says he's not satisfied with the current proposals in the stimulus package. Bob Moon talks with the Senate Budget Committee chairman about what he thinks it's missing.
The Dow Jones Industrial Average includes a number of companies whose stocks haven't exactly been stable -- Bank of America and General Motors to name a couple. With all that volatility, is it really an accurate representation of the overall market? Jeremy Hobson reports.
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