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Latest Stories

Latest Stories

Alternatives to raising minimum wage

Aug 2, 2006
The Senate is still trying to hammer out a bill to raise the minimum wage. But commentator Glenn Hubbard says it's a bad idea.

Rolling Stones get their shelter

Aug 2, 2006
Details of the Rolling Stones' financial affairs have just been made public, and they reveal a shockingly low tax bill. Stephen Beard reports from London.

Only $2 billion left to spend in Iraq

Aug 2, 2006
The inspector general for Iraq reconstruction talked to lawmakers today and said there's only $2 billion left for rebuilding the country, with about 500 projects left on the so-called short list. How's the work going to get done? Hillary Wicai reports.

Palestinian struggle worsens

Aug 2, 2006
While the world's attention is focused on the crisis in Lebanon, Stephen Beard reports the economic situation in another troubled part of the Middle East is growing increasingly dire.

Bribes weaken China's defense budget

Aug 2, 2006
Chinese army inspectors have launched a campaign against corruption that's eating up about $36 billion from the country's growing defense budget this year. Jocelyn Ford reports.

Rolling Stones got their shelter

Aug 2, 2006
Details of the Rolling Stones' financial affairs have just been made public, and they reveal a shockingly low tax bill, Stephen Beard reports.

AOL to drop subscription fees

Aug 2, 2006
In what could be a preemptive strike to counter poor earnings out today, Time Warner plans to announce yet another turnaround plan for its troubled AOL unit. Amy Scott reports.

For public good, not for profit.

Every day should be a tax holiday

Aug 2, 2006
Commentator Robert Reich argues that most Americans would be better off if we abolished sales taxes in favor of progressive, graduated income taxes.

High-priced OJ

Aug 2, 2006
Orange juice futures hit a 15-year high yesterday. Ashley Milne-Tyte looks at why.

Big Three continue to shrink

Aug 2, 2006
US automakers are banking on the appeal of smaller SUV cross-over vehicles in an effort to avoid disappointing sales figures like those released yesterday. Stacey Vanek-Smith reports.