The Census Bureau's latest stats on housing costs are out today and in almost every state, people are spending a bigger chunk of their incomes on their homes. Hillary Wicai reports.
The government released some worrisome economic data. August's core inflation, which excludes food and energy prices, posted the biggest year-over-year increase in more than a decade. And consumer spending was down. Janet Babin reports.
The government is considering new ways to calculate the Gross Domestic Product in order to include intangible assets such as research and development. Hillary Wicai explains.
More companies are listing on exchanges overseas instead of in America these days. Commentator Glenn Hubbard argues that we need to change laws that limit businesses' competitiveness.
A new study by the Pew Hispanic Center shows joblessness among Latinos at a record low in the second quarter. But some fear the housing slowdown could make that figure short-lived. Dan Grech reports.
Not everyone's bemoaning the housing market's decline. A slowing economy and steady inflation rates are boosting the bond market. Ashley Milne-Tyte reports.
Connecticut-based hedge fund Amaranth Advisors this week reported losses of almost $6 billion over the past month after it placed a multi-billion dollar bet on natural gas and lost. Amy Scott reports.
