A redesigned $5 bill will be issued on March 13 with enhanced security features that make the bill harder to counterfeit and easier to authenticate. Tess Vigeland talks to Professor Stephen Mihm about what the changes will look like.
The City of London Corporation is worried it may be losing the upper hand to the former Colonies when it comes to international finance. But some say the fuss over top-dog status is all hype, an effort to relax government regulations. Jill Barshay reports.
Overseas capital is increasingly headed elsewhere as the U.S. dollar continues to fall. Future credit will be more expensive, and Americans will have to increasingly rely on their savings. John Dimsdale reports.
Asian markets flirting with oil prices of $103 a barrel at a time when countries are under pressure to hold the line on prices. Bob Moon gets insight into inflationary pressure with Raphael Minder of the Financial Times.
Heating oil prices normally fall around the onset of spring, but this year they're expected to keep rising through a colder than normal season. Jeff Tyler reports on what some are doing to save money.
New problems in the municipal bond market are resulting in cities and municipalities paying record-high interest rates. And with cities making less from property taxes, some have no choice but to declare bankruptcy. Jill Barshay reports.
Sears Holdings Corp. reported a 48% decline in quarterly profits as sales continued to fall at its Kmart and Sears stores. Will the slowing economy mean the death of the struggling retailer? Dan Grech reports.
At President Bush's press conference he talked about everything from fighting AIDS to stimulating the economy. But his most passionate topic was why Congress should pass the warrantless wiretapping program. Kai Ryssdal has more.
Congress estimated war costs in Afghanistan and Iraq would reach $1.3 trillion. But economist Joseph Stiglitz is testifying today that number will reach $3 trillion. Jeff Tyler reports the cost also considers veteran health care.
