A flush economy comes at a price, as Venezuelans are discovering with fast-rising inflation. Dan Grech went to Caracas to see how the country's spending is catching up to the local market.
McDonald's was none too happy after Prince Charles reportedly called for a ban on the fast food burger giant, but it has found an unlikely champion in the fallout.
Markets from Wall Street to Europe to Brazil continue to yo-yo, following sharp declines in Asia. But analysts say our economic numbers are good — as is the sign that we keep bouncing back from the drops.
Even as Airbus workers in France and Germany threaten further walkouts over the 10,000 planned job cuts, analysts say the company's restructuring path practically guarantees more jobs will be shifted out of Europe.
Peruvians are known for being late, an hour give or take. So all 28 million are being asked to change their ways today in the hopes of shedding the nation's reputation for tardiness.
Mechanic Pedro Cordova risks his health in a noisy, polluted smelting factory in La Oroya, Peru. The latest in our "Working" series, which profiles workers around the world.
Scott Jagow checks in with fund manager Justin Urquhart-Stewart in London to see what's happening on the European exchanges after yesterday's big sell-off.
After weeks of wrangling behind the scenes, the European plane maker is about to announce its cost-cutting program. About 10,000 jobs are likely to go, mostly in France and Germany. Stephen Beard reports.
Those gains the markets enjoyed so far this year? Gone. The three major indices are now below where they started the year. Kai Ryssdal talks with market strategist Al Goldman and business analyst David Johnson about today's market shake-up.
Just inside Kenya's border with Somalia, some 170,000 Somalis live in refugee camps, waiting for peace in their homeland. In the camps, people balance dependence on aid with grassroots economic development. Gretchen Wilson reports.
