Oil is up, the dollar is down and economists are saying there's no more denying a recession. But Nancy Marshall Genzer reports despite trouble in the market, there's a silver lining to the weakened economy.
Treasury Secretary Henry Paulson outlined several recommendations yesterday for the financial markets, including tougher licensing requirements. Stacey Vanek-Smith looks at whether this extra regulation will help.
Government economists use the Consumer Price Index measure inflation based on our needs -- from food and housing to clothes and transportation. But some think the CPI isn't very accurate. Alisa Roth reports.
Four dollar per gallon is slowly becoming a reality in many parts of the country. Lisa Napoli talks to Garrett Nishida, front desk manager of the Sheraton in Maui, about his feelings on the new gas prices in Hawaii.
U.S. Treasury Secretary Henry Paulson is in Washington today to discuss his plan for avoiding another credit crunch. But Nancy Marshall Genzer reports the crisis is likely to last over the next couple of months.
The weakness of the dollar is one reason oil prices are flirting with $110 a barrel, but some say there's more to the story. Scott Jagow talks to Stephen Beard about the financial market versus supply and demand.
The government is considering whether the current Gross Domestic Product accurately measures U.S. economic progress. Some analysts feel the way GDP is defined can cause some big problems. Sam Eaton reports.
Zimbabwean President Robert Mugabe has signed a new law that gives blacks the right to a majority share in all companies owned by whites, Asians and foreigners. Gretchen Wilson reports on the move to stimulate the economy.