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Question/Comment: Can you help explain how commodity exchanges and “commodity futures” and “index futures” work? Apparently both some members of Congress, and the Commodities Futures Trading Commission, are looking into how speculators affect oil and food prices. As the typical…
By Business Desk
After heavy rains triggered massive flooding in Iowa, some farms were completely submerged, causing heavy crop and livestock losses. Elizabeth Brackett reports on how one Iowa farmer is coping with the damage.
Flood fears eased in Iowa City Monday, as a string of towns in the state's south and east along the Mississippi River prepared for new problems caused by a recent bout of torrential rains and bad weather.
By PBS NewsHour
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