The folks who pull the strings at the Federal Reserve meet today to consider interest rates. That means Wall Street investors will be getting back to one of their least-favorite pastimes. Bob Moon reports.
The economic arrows are all pointing the right directions: GDP is up. Dow's way up. Gas prices are down, so is unemployment. So why do so many people think Republicans will miss their target this election year? Scott Tong reports.
Members of the powerful oil cartel are expected to authorize production cuts to boost oil prices today when they meet today. Jeff Tyler takes a look at how that could impact the U.S. economy and consumers at the pump.
Investors are holding their collective breath to see whether consumer price figures released today add to or ease inflation fears stirred by yesterday's wholesale numbers. John Dimsdale reports.
The Merc snapped up crosstown rival Chicago Board of Trade today to create the world's biggest exchange for futures contracts. And the marriage could spark other similar deals, Diantha Parker reports.
Economic data out today says wholesale prices dropped more than expected last month because of cheaper fuel. But it also suggests that inflation might be on the rise. So where's the economy headed? Jeff Tyler reports.
Soaring oil prices sent the U.S. trade deficit to a record of almost $70 billion in August. But the government says record imports of oil sank a healthy gain in U.S. exports. Scott Tong reports.
Another day, another record. But this time we're not talking about the Dow. The U.S. imported $70 billion more than we exported in August. Scott Tong looks at what's behind our sky-high trade deficit.
Lumber prices have been cut down to their lowest weekly level in nearly five years — a drop that's followed the slowdown in the U.S. housing market. Nancy Marshall Genzer reports.