It gets 60 miles per gallon, only seats two people and was designed by Swatch. Tomorrow, DaimlerChrysler plans to announce it will finally sell its Smart Car in the US. But will the car take off with American drivers? Bob Moon has the story.
New York City is selling licenses today to operate taxi cabs in the city. A license could cost as much $500,000, but it's well worth it financially. Bob Moon explains.
New housing starts last month were higher than expected. Those numbers out today brought some relief to the stock market, but investors remain cautious ahead of next week's Fed meeting. Bob Moon reports.
The New Jersey state attorney general has been sued by the federal government for asking telephone companies to admit if they gave customer records to the National Security Agency. Bob Moon reports.
A week ago it looked like two of the world's biggest stock exchanges were set to merge. Oh how things change! How much does the NYSE need to worry about Europe's rising political opposition to the deal? Bob Moon looks into it.
Investors are already looking past this month's Federal Reserve meeting and starting to worry about possible interest rate hikes at the next meeting in August. Bob Moon reports.
