Latest Stories

Latest Stories

Betting on the bubble

Nov 10, 2005
The Chicago Mercantile Exchange launched a new form of futures trading Wednesday, allowing investors to wager on the price of future home sales. Stacey Vanek-Smith reports.

Delta blues

Nov 10, 2005
The bankrupt air carrier is expected to post a third quarter loss today while it continues to squabble with its pilots over salary and benefit cuts it says are necessary to make the company solvent. Bob Moon reports.

Windfall tax falls short

Nov 10, 2005
Finance expert Chris Farrell tells Scott Jagow that a windfall profits tax for oil companies is a bad idea, and that oil companies actions indicate they think the spike in gas prices is short-term.

iRobot's iPO

Nov 10, 2005
Investors are bullish on robots. Shares of iRobot Corp. rose sharply Wednesday after the company, which makes mobile floor sweepers and electronic military porters, went public. Lisa Napoli reports.

Leery of online banking

Nov 9, 2005
As instances of online theft increase, more and more bank customers are getting nervous about conducting transaction over the Internet. Stacey Vanek Smith reports.

Workforce report released

Nov 9, 2005
A report out today from the National Center for Public Policy and Higher Education predicts personal income will fall, along with the number of Americans with high school and college diplomas, if current demographic trends continue. Amy Scott reports.

Free trade -- not all it's cracked up to be

Nov 9, 2005
In light of the collapse of trade talks at the recent Americas Summit, commentator Robert Reich concludes much of the world remains unconvinced about the benefits of free trade.

For public good, not for profit.

Senators to grill Big Oil on windfall profits

Nov 9, 2005
CEOs from ExxonMobile, CononcoPhillips and three other oil companies go before a joint Senate committee today to try and justify record profits in light of record high gas prices. John Dimsdale reports.

Not-so-blockbuster earnings

Nov 8, 2005
Blockbuster is expected to report a third quarter loss today. Efforts to adjust its brick-and-mortar business model to compete with on-line DVD distribution don't appear to be working. Jeff Tyler reports.

Dueling drug measures in California

Nov 8, 2005
Competing ballot initiatives before voters in California today look to address the rising cost of prescription drugs. The primary differences lie in who supports them and how regulated they would be. Tamara Keith reports.