A report out from The Bank for International Settlement is drawing parallels between the current economic crisis and severe slowdowns like the Great Depression. Stephen Beard looks into more specifics of the problem.
When Phyllis Allen has seen her business dwindle to half the size of about a decade ago. In our latest in a series on people affected by the credit crunch, Kate Archer Kent looks at how Allen has curbed her spending to cope.
Drought and disease have harmed the crop of cocoa beans, doubling the price in many places. But government scientists are working with the cocoa bean genome to solve the productivity issue. Janet Babin reports.
The Sunshine State is negotiating with U.S. Sugar Corp. to buy land that could be instrumental in saving the Everglades. The deal would put the nation's largest cane sugar company out of business. Jeremy Hobson reports.
It's no surprise falling home prices and rising gas and food costs have Americans on edge, but economists are shocked by just how shaky consumer confidence has become, reaching a 16-year low. Nancy Marshall Genzer reports.
Iron ore is in high demand, and British mining giant Rio Tinto has upped the price almost 100 percent to reflect the boom. Stephen Beard reports because of the way it's traded, the price hike can't be blamed on speculation.
Between a weak dollar, inflation worries and losses by investment banks, the Fed has its work cut out for it. Host Tess Vigeland talks with NYU financial historian Richard Sylla about the path back to a stronger economy.
Are these rising gas prices a crisis, or are they really a blessing in disguise? Economist and commentator Justin Wolfers says we're being compensated for these higher gas prices -- we just don't realize it.