Buying a New York Times at a newsstand Monday will cost an extra quarter, making it $1.50. But with people already pinching pennies and newspaper circulations declining, why raise the price? Ashley Milne-Tyte reports.
Commodity prices have been on a steep decline lately as demand for things like oil, copper and wheat has been ebbing. Ashley Milne-Tyte reports why the dollar's recent rally has started turning things around.
Until now, Europe has escaped the economic problems troubling the United States. But there it was: news today that Germany, France and Italy had terrible second quarters. Stephen Beard reports on what happened.
The troublesome economy has had a visible effect on lower-income folks, but what of those who live a life of luxury? Philip Martin went to the upper-east side of New York and saw how the wealthy were struggling.
Sales of motor vehicles dropped last month and electronics numbers were also low. Alisa Roth reports retailers are cautious as spending slows, but things may pick up in August as students return to school.