The charge card is expected to go public this week in an effort to raise cash to pay legal bills and give industry leader Visa a run for its money. Alisa Roth reports.
Federal investigators are examining whether some companies illegally manipulated stock option grants to give their executives more favorable returns. Bob Moon 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.
Wal-Mart is expected to report double-digit earnings growth today. But future quarters may not be as rosy as the low-cost retail giant is forced to raise prices to meet rising costs and Wall Street profit demands. Alisa Roth reports.
A proposal that would reserve half the seats at India's most prestigious universities for people from the lowest ranks of society is running into opposition from other students. Miranda Kennedy reports.
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.
Ahead of today's Federal Reserve meeting, Cheryl Glaser reports new Fed chief Ben Bernanke may have learned his lesson about speaking too freely about US monetary policy.
Markets have been whipsawed lately by media interpretations of our new Fed chief's plans. Best guesses are short term interest rates will rise another quarter point tomorrow, but commentator Carolyn Baum says we shouldn't have to guess at all.
Wachovia made a $25 billion offer for California's Golden West Financial today. But the deal gets the banking giant deeper into the mortgage business and investors are questioning the timing as the housing boom slows. Amy Scott reports.
