The Labor Department says businesses cut 524,000 jobs in December, making the month's unemployment rate the highest it's been in more than 15 years. But Janet Babin reports job figures may improve somewhat later this year.
The House is expected to pass a pair of civil rights bills today designed to give workers more power to sue over alleged pay discrimination. Mitchell Hartman explains why now is an important time for fairness law.
The U.S. Chamber of Commerce issues a report today on the state of American business. The Chamber has its own changes that it wants to see in the economic stimulus plan. John Dimsdale explores a few of them.
The slumping U.S. steel industry is likely to be a major beneficiary of Barack Obama's stimulus plan, which focuses on improving infrastructure. Some in the industry even want a "buy American" clause in the bill. Jeremy Hobson reports.
The jobless rate in Chinese cities is high and could keep rising if factories don't open up to employees after Chinese New Year. Scott Tong looks into what the government is doing to help prevent social unrest.
With a $17 billion loan package for General Motors and Chrysler come strings attached involving wages. But the United Auto Workers union isn't entirely satisfied, which could make negotiations ahead rocky. Steve Henn reports.