Consumer spending in August jumped to its highest point in six months. But a barometer that's predicted four of the last five recessions says we're firmly in the midst one. What's really going on? Bob Moon reports.
Discount financial services provider H&R Block will report its quarterly earnings today. In the minus column: a $102 million loss for its home-lending business. Bob Moon reports.
Word that Ford is considering going private proved enticing for investors on Wall Street yesterday. Its stock rose more than two percent, but not everyone believes a move to privatize could really happen. Bob Moon reports.
Numbers out today show that existing home sales tanked in July to their lowest level in two years. It's one of many signs pointing to a general slowdown of the economy. Bob Moon reports.
The prices for gold and oil tend to follow the same market trends. They've been losing ground for a couple weeks now — and it's probably more than coincidence. Bob Moon explains.
Liquids may not be allowed back on planes for quite some time. Bob Moon looks at how much it will cost to implement a passenger screening system that can detect liquid bombs — and whether it's a smart investment.
BP's PR nightmare began with its oil pipeline closure in Alaska earlier this week. Now Congress is promising hearings and the Justice Department is pursuing possible criminal charges. Bob Moon has the latest.
The Federal Reserve today decided not to raise short-term interest rates for the 18th consecutive time. But the vote to do nothing already has everybody asking, what's next? Bob Moon reports.