Economy

Norway is the third largest exporter of oil after Saudi Arabia and Russia. The country, so far, has been socking most of its oil revenue into savings. But some argue it's time to live for today. Stephen Beard reports.

Undercover Economist Tim Harford has a story about the law of unintended consequences. It all began with a pile of rubble across the street from his house.

President Bush met with his economic team this morning at Camp David. And, based on his remarks, all of his indicators are up.

Private equity firms have been snapping up different publicly-traded companies recently. Host Kai Ryssdal speaks to Fortune magazine writer Adam Lashinsky about this buyout trend.

Stocks soared following today's report from the Labor Department which showed prices at the wholesale level fell .3% — the biggest drop since October. Host Kai Ryssdal checks in with economist Diane Swonk.

Luxury home builder Toll Brothers said today that sales and signed contracts were down significantly. It's another sign the housing boom could be slowing. Jeff Tyler reports.

Economist David Wyss offers his prediction on what Tuesday's Fed decision to keep interest rates unchanged might mean for future monetary policy.

The Federal Reserve today decided not to raise short-term interest rates for the 18th consecutive time. But the vote to do nothing already has everybody asking, what's next? Bob Moon reports.

The Federal Reserve's rate-setting board meets today and many analysts expect the committee will break its streak of 17-straight rate hikes. Amy Scott reports.

Job numbers out today pointed to higher unemployment rate and slower job growth. But the jury's still out on whether the Fed will raise interest rates again in August. Jeff Tyler reports.