Economy

Paul Solman speaks with Glenn Hubbard, dean of Columbia University Business School and former chairman of the president's Council of Economic Advisers, about President Bush's economic policy.

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A new federal law making sweeping changes to who receives overtime benefits went into effect Monday as debate over the new rules continued.

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Paul Solman reports on the policies and practices of retail giant Wal-Mart and its critics' claims that the company's low-priced products have an often-unseen cost for overseas workers as well as American consumers.

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A timeline of the history of Sam Walton's Wal-Mart.

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Although Wal-Mart has gained a reputation for driving out mom-and-pop stores, the city of Charlottesville, Va. represents an example of how homegrown stores and the retail giant can coexist.

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Though Wal-Mart's low-price, low-wage, globally sourced model is not necessarily unique in the retail industry, the Arkansas-based company has become the most powerful retailer in the world.

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In a small town north of Salt Lake City, Utah, a modern range war is being fought along the shores of the Great Salt Lake.

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A man of modest beginnings, Sam Walton built the Wal-Mart empire into the number one retailer in the world on a simple, but groundbreaking rule, cut all excess costs and sell low.

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As the nation's largest retailer of American pop music, Wal-Mart wields significant influence over the recording industry, artistic creation and consumer choices.

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Paul Solman examines Wal-Mart's distribution system and its productivity. Current employees explain how Wal-Mart operates, while some former associates share their discontent with the United States' largest private employer.

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