Last week, Congress passed a pension reform bill that will no longer allow employers to underfund their pension plans. People might think it'll give them more retirement security. All wrong, says commentator Robert Reich.
BP's PR nightmare began with its oil pipeline closure in Alaska earlier this week. Now Congress is promising hearings and the Justice Department is pursuing possible criminal charges. Bob Moon has the latest.
The FCC is auctioning off a huge chunk of airwaves to mobile phone companies. The sale could bring $15 billion to the federal treasury. For consumers, it will mean cool cell phone capabilities down the road, Lisa Napoli reports.
Beginning next year, doctors will see a cut in Medicare reimbursements — all part of the government overhaul of the Medicare payment system. But how will it affect hospital-goers? Helen Palmer reports.
AOL mistakenly released the search records of more than 650,000 members 10 days ago. Customer names weren't included, but that doesn't necessarily mean their data was anonymous. Janet Babin explains.
Luxury home builder Toll Brothers said today that sales and signed contracts were down significantly. It's another sign the housing boom could be slowing. Jeff Tyler reports.
Israel said today that it will expand its ground offensive into Lebanon. As resources dwindle, Ben Gilbert reports that many Lebanese are running out of fuel for their vehicles.