Despite the usual concerns about consumer spending voiced before the holidays, the Commerce Department reported today that retail sales rose in December — to the highest level in five months. Alisa Roth has more.
The Bush administration has raised the cost for leases that allow oil and natural gas companies to drill in the Gulf of Mexico. But critics say loopholes in the leases could still cost the U.S. billions. Jeff Tyler reports.
The House is expected to pass an increase in the federal minimum wage tomorrow. But economist and commentator Susan Lee says an increase isn't the best way to help those who might need it most.
Alcoa announces its earnings tomorrow amid a steep sell-off in commodities. Some are wondering whether the drop in prices for materials such as copper, aluminum and oil signals an economic slowdown. Sarah Gardner reports.
Five years ago, Argentinians took to the streets in protest of the nation's huge financial crisis. Rachel Hopkin brings us the story of two Buenos Aires teachers and how they're coping today.
The President made sure to get his point to the press today about the budget. Kai Ryssdal takes a look at what he said, and what he didn't, with fiscal policy expert Maya MacGuineas.
The price of gold has been going up thanks to private investors and up-and-coming world economies, and it could be poised to take off even higher. So what does that mean for the dollar?
The Federal Reserve's efforts to steer the nation clear of inflation without crashing other parts of the economy might be working even better than imagined. Bob Moon reports.