A forecast out today says while the nation's housing industry may be on the ropes, economists don't see much fallout for the rest of the economy. John Dimsdale reports.
PPI and core producer prices plummeted last month on cheap fuel. The numbers suggest inflation is slowing down, but do they tell the whole picture? Stacey Vanek-Smith does the math.
In light of news that China plans to diversify its foreign reserve holdings away from U.S. treasuries, Steve Tripoli looks at how such a move could impact the U.S. and global economies.
With three weeks to go before the traditional beginning of the holiday shopping season, retail sales are down almost across the board. Which could mean more competition for your dollar. Alisa Roth reports.
Taking the long view, and factoring in all the economic reports that came out this week, some economists are finding the cloud around what some politicians might consider a silver lining. Amy Scott reports.
The news today from the Labor Department grabbed Wall Street's attention. The numbers suggest companies may need to hire more employees and pay them more. What's it mean for the economy? Jeff Tyler reports.
AutoNation Inc., the nation's largest car retailer, said it's going to slash the number of vehicles it buys from the Big Three. Rachel Dornhelm reports.
A Sudanese billionaire is putting up millions in prize money to promote good democratic governance in Africa — and to encourage leaders to step down once their terms expire. Stephen Beard reports.
Today, the government said that third quarter GDP growth is at the weakest levels in more than three years. Many investors are worried the slowdown would prompt the Fed to raise interest rates. John Dimsdale reports.