Economy

Just a day after the World Trade Organization gave the European Union a green light to impose sanctions on some US exports, FBI agents searched the Chicago cargo terminals of two foreign airlines on grounds of possible "anti-competitive" behavior. Stacey Vanek-Smith has more.

Kevin Warsh goes before a Senate confirmation panel this week as a candidate for the Federal Reserve Board. As Scott Tong reports, his nomination has raised some eyebrows among Fed watchers.

The luxury homebuilder predicts orders for new homes will fall by almost 30% this quarter. With this and other glum real estate predictions recently, what's the outlook for home prices? Alisa Roth takes a look.

Commentator Vijay Vaitheeswaran argues that President Bush's call to end America's addiction to oil is a good start... but much more needs to be done.

Today, President Bush's budget proposal lands in Congress, where both the House and Senate have scheduled committee hearings to consider it. Eric Niiler has more on how the debate over the President's spending priorities is shaping up.

The savings rate is as low as it's been since the Great Depression. But personal finance expert Chris Farrell tells host Scott Jagow that's not necessarily bad news.

A bill to cut nearly $40 billion in government spending is on its way to President Bush for his signature, but the final vote in the House was a squeaker. John Dimsdale reports.

Commentator Robert Reich offers incoming Fed chief Ben Bernanke some advice on his new role as the nation's top economic watch dog.

Outgoing Fed chief Alan Greenspan didn't just leave his mark on the economy. He also had an impact in the art world. Scott Tong looks at one artist who's made some green from painting portraits of Greenspan.

Personal finance expert Chris Farrell and host Scott Jagow discuss the colorful origins of the federal excise tax, and why it might soon be repealed.