House lawmakers continue a hearing today into fraud allegations surrounding the $21.4 billion New York City was given in recovery funds following Sept. 11. Hillary Wicai reports.
The US Army said today it will end Halliburton's exclusive multibillion-dollar logistics contract in Iraq. It will re-bid the contract out to multiple companies later this year. Scott Tong has the story.
Halliburton has been accused for years of bilking the US government with its exclusive contract. And now the Army has decided to end the deal and hand over those services to three companies. Hillary Wicai reports.
Before a country can join the World Trade Organization, all 149 member nations must agree. The US has been the last holdout blocking Russia's admission — but now they're deep in negotiations. Bob Moon reports.
The House passed a bill today that would prohibit online gambling. Of course, saying it and enforcing it are two different things. But Hillary Wicai explains how this bill tries to choke off the money.
This morning the House of Representatives starts debating a bill that would declare online gambling illegal. Of course, saying it and enforcing it are two different things. Hillary Wicai reports.
Get ready to pay more for your morning glass of O.J. Florida citrus growers are having problems finding enough workers to pick the fruit. Ashley Milne-Tyte reports.
Tomorrow the White House is expected to announce the projected budget deficit will be $100 billion less than originally feared, because people paid way more in taxes than expected. But why? Scott Tong reports.
Comptroller General of the United States David Walker has a warning for new Treasury Secy. Henry Paulson and his boss: Fix current economic policies or we're in for a lot of pain.
