Fed Chairman Ben Bernanke told lawmakers on Capitol Hill today he supports an immediate economic stimulus plan. But he also said the economy is still "resilient." Does anybody believe him? Nancy Marshall Genzer reports.
Because of runaway inflation, it takes thousands of bills to buy even the most basic items in Zimbabwe. The government is now circulating notes up to 10 million. Scott Jagow talks with correspondent Gretchen Wilson.
New York Times economics columnist David Leonhardt says candidates would be well-advised to pay close attention to the economy in this year's elections -- especially if they want to connect with the American middle class. He talks with host Bob Moon.
Republican and Democratic leaders huddled on Capitol Hill today and emerged vowing to craft a bipartisan economic stimulus package. But, as much as politicians love to spend money and cut taxes, there's a fight over both. John Dimsdale reports.
The Federal Reserve came out with its "Beige Book" and there's no mention of a looming recession, just a "slower pace" of growth. Jill Barshay turned up more signs that some of America's economic ship is staying above water.
Two sets of economic figures out today might be giving economists flashbacks of the 1970s. Could a hit of "stagflation" -- combining high inflation with a slowing economy -- be felt again today? Jill Barshay reports.
In Saudi Arabia, banks and insurance companies have no rights in court because of the judges' adherence to a strict form of Islam. Kelly McEvers reports King Abdullah has promised billions to reform the courts.