The idea of giving a savings account to every newborn is making the rounds in Congress and has high-profile support. The goal is to give kids a head start on assets. Sarah Gardner reports.
Las Vegas knows that 4 out of 5 of its high rollers come from Asia. And the casinos are increasingly more prepared to serve the specific needs of their best customers. Lenora Chu has the story.
For the first time since the credit crisis began, the Dow Jones Industrial Average surged past the 14,000-point mark to a new closing high. Bob Moon talked with market strategist Art Hogan about what the stock market is thinking.
Citigroup reported that third-quarter profits will probably drop 60 percent. Amy Scott explains what got them there, and reports that the worst might not be over.
Reports out say private equity firms Cerberus and JC Flowers are considering taking over some of the assets of London's Northern Rock, which recently faced trouble from the subprime mortgage crisis. Stephen Beard reports.
Former Fed chairman Alan Greenspan was famous for his hard-to-read comments on the economy — but now that he's retired, he's warning that the U.S. economy could be headed for a slowdown. Stephen Beard reports on what European economists are predicting.
Oil hit yet another record high on the world market today, topping $83 a barrel. But experts say the price might be artificially inflated by investors flocking to oil as an investment hedge against a dollar in decline. Jill Barshay reports.
This week, Chris Farrell covers how a career military officer should invest a big bonus, paying off a jumbo home loan, and what's the real story behind a good credit score?
At a hearing today, U.S. senators tore into the three major credit rating agencies — Fitch, Moody's and Standard & Poors — over their roles in the subprime meltdown. At the same time, the SEC said it's investigating conflicts of interest. Amy Scott reports.
