A Congressional committee hears testimony today from whistle-blowers alleging double billing by a defense contractor. A Senator says waste fraud is rampant in Iraq. Steve Henn previews the hearing.
Microsoft has made a $44 billion takeover bid for Yahoo. The merger would offer Yahoo the chance to compete with a certain search engine that seems to be dominating online advertising. Steve Henn has the story.
Bond insurer MBIA's fourth-quarter report shows a loss of over $2 billion. Steve Henn looks into why a triple-A credit rating is important for bond insurance, and how the loss of such a rating could affect you.
Whether or not the Federal Reserve announces another interest rate cut today, the effects of a cut wouldn't be seen for awhile. Steve Henn reports we haven't even begun to see the effects of past rate actions yet.
President Bush's economic stimulus plan heads to the Senate tomorrow, and senators are already working to expand the bill. Steve Henn reports add-ons like road resurfacing projects and unemployment benefits will be in debate.
In his last State of the Union address, President Bush said he wanted to wean Washington, D.C. off of earmarks, or pet spending projects. But Steve Henn reports some analysts are skeptical.
What do Americans want to hear from tonight's State of the Union address? Steve Henn surveyed commuters near the White House this morning and asked their views on the economy and President Bush's stimulus package.
As the Writer's Guild strike passes into week six, TV networks and studios come closer to running out of original material. Steve Henn reports we might all soon be facing a lot more reality programming.
