Though close to passing, the economic stimulus package fell short of approval in the Senate by just one vote. John Dimsdale reports what's holding the package back, including an extra $40 billion requested by Senate Democrats.
BHP Billiton, the world's largest mining company, is looking to buy one of its competitors, Rio Tinto. So far, Rio Tinto has rejected BHP's offers. But if the deal goes through, it would be the second-biggest takeover ever. Bob Moon reports.
New Jersey Gov. Jon Corzine wants a big boost in turnpike fees to pay down the state's staggering debt. But the plan isn't too popular in a state where toll plazas are a fact of life.
When the economy's good, Americans tend to act better toward their fellow citizens. But commentator Will Wilkinson says in a sliding economy, we tend to slam the gates of opportunity.
The economy not only affects our wallet, but our sense of style. Jill Barshay reports some designers are working with more all-purpose colors and more affordable in a new wave of recession chic.
Commentator Charles Handy reflects on the philosophies of economist Peter Drucker to figure out what to do when a consumer economy starts to buy less stuff. First in an occasional series.
President Bush has submitted a budget proposal of $3.1 trillion, declaring that it would fund security efforts yet not present a financial burden for taxpayers. Nancy Marshall Genzer looks at the budget and reports on what Americans are getting out of it.
Senator John McCain is now in the position as frontrunner for the GOP. But can his stand behind Reagan-inspired, tax-cutting economics make for strong policy in 2008? Jeremy Hobson explores McCain's history.
With this year's New York Fashion Week kicking off in a slowing economy, retailers have a few more wrinkles to contend with in figuring out what customers will buy. Jill Barshay reports.
