Reader's Digest will be launching new titles to expand readership. The publication needs to come up with a more effective way to pay off its $2 billion debt. Ashley Milne-Tyte looks into whether this is a smart move for the magazine.
Gross Domestic Product shrank 6.2% in the fourth quarter of 2008, much worse than the 3.8% the Commerce Department had predicted just a month ago. How did the government get it so wrong? Steve Henn reports.
Gap's sales began to struggle a few years before the recession was official. Today, issues like use of retail space and a cluttered market hurt Gap and other stores like Banana Republic. Ashley Milne-Tyte reports.
In this downturn, franchisees are defaulting on loans guaranteed by the Small Business Administration in record amounts. That could have a huge impact on franchise lending in the future. Mitchell Hartman reports.
If you think a Blackberry is out of your financial reach, why not make a counteroffer? Haggling can be a powerful money-saver in this economy, but not many people are doing it in the U.S. Cash Peters tries it out at a few stores.
Wal-Mart is giving its private food line a label makeover in the next few weeks to attract more shoppers. But Danielle Karson reports the store's target audience is already sold on the idea of a bargain.