The economy lost a whopping 598,000 jobs in January, more than economists were predicting. Renita Jablonski talks to Bernard Baumohl with The Economic Outlook Group about why the holidays may have helped the spike.
Up to 30 states may run out of reserves for unemployment benefits in the next month. In a throwback to the early 1980's, they may soon need to borrow from the federal government. Janet Babin reports.
President Obama has capped pay at $500,000 for CEOs of companies that receive bailout money from the government. But there's less to the salary caps than you might think. John Dimsdale reports.
President Obama unveiled new salary caps today for companies receiving bailout money. The administration is looking at a $500,000 cap to prevent CEOs from riding "high on the hog." Nancy Marshall Genzer reports.
Avon announced higher fourth-quarter profits today. And its Super Bowl ad seeking sales reps caught a lot of attention. Is a recession the right time to start a home-based business? Janet Babin reports.
The European Union is attacking the "Buy American" clause in the U.S. economic stimulus plan. The clause seeks to ensure that only U.S.-made materials are used in projects funded under the bill, which foreign steel makers fear will lead to a loss in business. Stephen Beard reports.
President Obama is pushing to create a half million "green" jobs to revive and grow the economy. What, exactly, would jobs in a "green-collar economy" look like? Sarah Gardner reports.
The Pennsylvania town of Bethlehem has been struggling to replace thousands of jobs lost from its steel-producing past. It now has its hopes riding on a new casino. Joel Rose reports.
Today, General Motors shut down its jobs bank, a program for workers whose jobs were cut for any reason other than falling car sales. Ashley Milne-Tyte explores how the move affects the 1,600 workers involved.
Like many city workers, a street busker may be able to drive to the job. But factor in an ever-changing final destination, an amp and a dog, and you've got quite a shlep. We follow a busker in Ireland on his way to work
