They're supposed to promote home ownership through more affordable mortgages, but a Fed economist says government-sponsored lenders Fannie Mae and Freddie Mac are lining shareholder pockets instead. Stacey Vanek-Smith reports.
The government said today that inflation may be back, and investors expressed their concern. Cheryl Glaser looks at why Wall Street was so unhappy with the news.
This morning the government released its monthly index of how much things cost, the Consumer Price Index.Should the inflation hawks be nervous? Hillary Wicai reports.
Commentator and economist Len Burman says the tax-cut bill President Bush will sign this week is actually not the best way to go about reducing the tax load.
A package of $70 billion in tax cuts is expected to land on President Bush's desk Friday. Many Republicans say their tax-cutting policy has sparked economic growth. Economist and commentator Brad DeLong disagrees.
Personal finance expert Chris Farrell and host Scott Jagow discuss why the US economy continues to grow despite soaring energy costs and rising interest rates.
Planning on getting new plumbing or rewiring your house? It may be time to think again. Copper prices hit an all-time high of $8,000 a ton today. Amy Scott finds out what record copper prices may mean for the world economy.
The Senate is expected to pass a tax bill today extending many of President Bush's tax cuts through 2010. The move is intended to make it very hard for whatever party controls Congress in 2010 to raise taxes again. John Dimsdale explains.
