November's unemployment figures overall were positive, with the jobless rate dropping two percentage points to 10%. However, the number of people who have been looking for work for more than six months is increasing. Mitchell Hartman reports.
As President Obama convened his "jobs summit" with business and labor leaders there was plenty of news about the conundrum he's facing — a decline in the service sector and retail sales. So Bob Moon asked economic experts how we might jump-start the economy.
Just as when it lowered prices on books and DVD's, Wal-Mart's decision to cut video game prices by $10 has led to a big drop in the stock prices of competing retailers. With that much power, can Wal-Mart cause deflation? Jeremy Hobson reports.
President Obama is expected to announce his Afghanistan strategy and send 30,000 more troops to the country. To pay for it, some Democrats in Congress have proposed a war surtax. Amy Scott reports.
How do you find a job in today's economy when most companies aren't hiring and few jobs are being created? Commentator Charles Handy says the thing to do is make your own work.
Only three banks have opened in the third quarter this year, the fewest since World War II. Bill Hawkins, CEO of one of those banks, talks with Tess Vigeland about how hard it is to open up in this environment.
Today the government revised the gross domestic product downward. What does that mean for economic growth? Stacey Vanek-Smith talks to Chris Low from FTN Financial, and Steve Chiotakis talks to Juli Niemann from Smith, Moore and Company.
Credit agency TransUnion reports that credit card late payments dropped last quarter for the first time in a decade. Stacey Vanek-Smith talks to analyst Ron Shevlin about whether this points to a larger trend away from plastic.
IMF chief Dominique Strauss-Kahn told business leaders that the global economy is still weak. He warned central banks to err on the side of caution and keep interest rates low. Stephen Beard reports.
