Economy

Prices usually go up with demand. But there was a strange wrinkle in the home-sales figures announced today. Sales were up, but prices were down. Jill Barshay reports.

As Treasury Secy. Henry Paulson met with his China counterpart, more reports of unsafe Chinese products surfaced today. Kai Ryssdal talks with China expert Ted Fishman about the U.S.-China relationship.

Beijing has sent its biggest-ever trade delegation to Washington for a summit on the trade deficit, debt, tarriffs and money policy. But don't get your hopes up for sweeping changes. Jeremy Hobson reports.

It's been 26 years since gas prices, if put in today's dollars, were as high as they are today. And yet we're using it like it still cost $1.35 a gallon. Oil-price expert Tom Kloza talks with Kai Ryssdal about what's going on.

A group of lending industry leaders is hoping to forestall a Congressional fix with some solutions of its own. But growing impatience is likely to make it a tough sell on Capitol Hill. Jeremy Hobson reports.

Starting Monday, China will allow its currency to rise or fall 0.5% a day. The limit used to be 0.3%. The action comes amid pressure from the U.S. and Europe to remove such controls. Alisa Roth reports.

Compamines are global, capital is global... why not labor unions? The Teamsters boss visits China as the emerging economic giant considers a new law giving bite to China's mostly toothless labor protections.

Part of Ben Bernanke's job now involves hearing the differing views of his predecessor. Steve Tripoli looks at whether the Fed chief could be a little irked by the attention Alan Greenspan's attracting.

With congressional Democrats preparing legislation to raise federal tax rates, commentator Stephen Moore says The Gipper's economic philosophy no longer holds sway in Washington. But in the rest of the <nobr>world . . .</nobr>