The European economy continues to slump. One U.K. minister said it's the worst it's been in 60 years. The bad news overseas, however, helped boost the dollar against the euro. Brett Neely reports.
August layoffs were down 14 percent from July, but it's not all good news on the job loss front. This was the worst summer of layoffs since 2002. Steve Henn learns that an even grimmer picture could be yet to come.
The economy is taking a bite out of school lunches. School districts are getting fewer tax dollars and want lunch programs to support themselves. Steve Henn reports on the choices they face.
The government today will release its monthly report on factory orders for non-durable goods — things like clothing, food and gas. Nancy Marshall Genzer reports on what the numbers are expected to show.
The government's implicit backing of Freddie Mac and Fannie Mae has apparently convinced investors that the two mortgage giants are a safe bet. John Dimsdale finds out why.
Although assessments of the derricks and refineries in the Gulf are only just beginnng, the expectation is that Hurricane Gustav left minimal damage. Oil futures dropped on the assumption. Steve Henn reports.
Labor Day has become a time for end-of-summer sales and barbecues, but it really is intended as a way of honoring workers. With that in mind, Nancy Marshall Genzer looks at how the American worker is doing.
Airlines are already reeling from losses, and travel by air traditionally dwindles after Labor Day. John Dimsdale reports that the industry is now bracing for the biggest wave of cutbacks since Sept. 11, 2001.
U.S. companies are increasingly relying on China and other booming economies to grow, with some companies seeing increased earnings only because of their sales abroad. Nancy Marshall Genzer asks how long this will last.
The American auto industry's economic woes have spread to England. Toyota will be the first major car maker in that country to scale back output. As Stephen Beard reports, it's a sign the slowing European economy is taking its toll.
