Fed chairman Ben Bernanke had a pretty rosy outlook on the economy — except that the core rate of inflation remains "uncomfortably high" and the housing and auto sectors are dragging. Critics say it's a mistake to downplay those factors.
A wealth management group reports the cost of a partridge in a pear tree and other items in "The Twelve Days of Christmas" song are up this year. Stacey Vanek-Smith has the details.
The dollar fell to a new low against the euro today on worries that China will sell some of its dollar holdings. Meanwhile, the yuan continues to strengthen against the greenback. Bob Moon reports.
Treasury Secretary Henry Paulson gave his first major speech today. He said the U.S. needs to loosen regulatory rules to stay competitive in the world market, but not everyone agrees. Alisa Roth reports.
A forecast out today says while the nation's housing industry may be on the ropes, economists don't see much fallout for the rest of the economy. John Dimsdale reports.
PPI and core producer prices plummeted last month on cheap fuel. The numbers suggest inflation is slowing down, but do they tell the whole picture? Stacey Vanek-Smith does the math.
In light of news that China plans to diversify its foreign reserve holdings away from U.S. treasuries, Steve Tripoli looks at how such a move could impact the U.S. and global economies.
With three weeks to go before the traditional beginning of the holiday shopping season, retail sales are down almost across the board. Which could mean more competition for your dollar. Alisa Roth reports.
