A House subcommittee meets today to consider the Pentagon's $10 billon request for the next phase of our missile defense system. That includes a sizeable chunk to repair seven missile silos ruined by rain last year.
Are they just out to make a quick buck? A growing political backlash is taking form in Europe as deep-pocketed hedge funds and private equity groups continue to buy up companies and sell off their parts.
Lawmakers meet on Capitol Hill on Thursday to search for an alternative to the alternative minimum tax. Getting rid of it won't be easy. The federal treasury depends on it. Bob Moon reports.
U.S. officials decide a month from now whether Los Angeles or Chicago gets to move forward with America's bid to host the 2016 Olympics. Both cities insist they'll make money on the deal, but one may face much less financial risk.
Web broadcasters are warning lawmakers about a sharp increase in federally-mandated music royalties they say could drive them out of business. Bob Moon reports.
For the second-straight trading day the foreign-exchange markets had unusual influence on stocks, over worries about something called the "carry trade." Bob Moon reports.
After Tuesday's market snafu, the Securities and Exchange Commission is cracking down on the technology used by the New York Stock Exchange. Bob Moon talks to David Easthope, a senior analyst with technology consulting firm Celent.
Last year, alleged steroid abuse overshadowed Barry Bonds' career. But as Major League Baseball's spring training rolls out for 2007, do people still care? Bob Moon talks to our business of sports analyst Diana Nyad.
Forbes magazine writer Daniel Fisher has found all kinds of investment pitches on the Internet for alternative-fuel companies. He talks with Bob Moon about why you should eye them with skepticism.
Despite the FCC chairman saying a merger of Sirius and XM would be against the rules, the two satellite-radio services say they are going ahead with their plan.