Aug 18 Watch Record-setting Cyber Theft Stirs Questions on Security The Justice Department indicted three men on Monday for stealing more than 130 million credit and debit card numbers by hacking into the computer systems of five major companies. Cyber-securiity experts discuss the case with Ray Suarez. Continue watching
Aug 17 Have the Wars in Iraq and Afghanistan Hurt the Economy? Question: I often hear that WWII finally ended the Great Depression. How can it be that a relatively short war (WWII) was so helpful to the economy but… Continue reading
Aug 17 Japanese Economy Pulls Out of Recession Japan's economy climbed out of yearlong recession in the second quarter, the government said Monday, expanding 3.7 percent at an annual pace as it joined Germany, France and other regions that appear to be emerging from the global financial crisis. Continue reading
Aug 17 Wessel Answers Questions on the Changing Fed By Carolyn O'Hara A year after Wall Street went into a tailspin, the Fed continues to take unprecedented steps to revive the economy. David Wessel has penned a book about Ben Bernanke and the changing role of the Fed. He answered questions in… Continue reading
Aug 17 Watch California Grapples with Cuts to Safety Net Programs Local governments across the Golden State are beginning to feel the impact of the $4 billion in budget cuts made by lawmakers in the state's general assembly earlier this year. Spencer Michels explores the impact on California cities and counties. Continue watching
Aug 17 Watch Budget Gap Shuts Down City Services in Chicago A $469-million budget gap forced a shutdown of non-essential city services, such as garbage collection, in Chicago on Monday. Ray Suarez talks to Elizabeth Brackett of WTTW about the move. Continue watching
Aug 14 Watch U.S. Consumers Still Worried About Economy A new survey shows that despite positive economic forecasts, Americans are still concerned about scarce jobs and falling income. Continue watching
Aug 14 Who Gets the Interest on U.S. Government Debt? Question: We have a $12 trillion dollar debt and add to it pretty much every year. How does that work? I take on debt to buy, say, a car and I pay interest to the bank that loaned me… Continue reading
Aug 14 Consumer Prices Go Unchanged in July By Online DA The cost of living in the United States went unchanged in July, easing concerns among many experts that economic recovery will be hampered by rising inflation. Continue reading
Aug 13 U.S. Retail Sales Sink After 2 Months of Gains Sales at U.S. retailers sank in July for the first time in three months despite the government's popular 'cash for clunkers' incentive program, indicating that the American economy faces a bumpy recovery from its worst recession since World War II. Continue reading