British credit crunch ITN's Ben King reports on the huge credit card debt growing in Britain. Louise Box from Manchester transferred her 1,800-pound debts to a nought per cent interest card with Virgin. Then she bought a 300-pound suit on the new car...
A few headlines from the financial world seem to offer a mixed view on how the U.S. economy's doing. First, a new report says U.S. companies cut just over 200,000 jobs in October. Obviously, job cuts: not good news. But this is the seventh month in a...
Chinese invest in US homes A group of 40 Chinese investors is looking to place money in the US housing market, CNN's Emily Chang reports. At the Beijing Airport, 40 Chinese investors embark on a mission to open their wallets on the other side of the...
New data shows that Japan's industrial output has fallen 10%, setting a new record, while consumers are reluctant to spend. This latest economic data provides a snapshot of the world's second largest economy from the big picture down to the individua...
Where are we right now? We're on the cusp of the second half, when we're supposed to see recovery. Yeah, I think it's unlikely for a while. I mean I get figures on dozens of, dozens of businesses. I get them daily. I mean we own them. And we have not...
The month of June is winding down and that means that Apple's Steve Jobs is scheduled to come back to work. A lot of mysteries surrounding Steve Jobs and his health as always, you remember he took a leave of absence to recover from pancreatic cancer....
Analysts predicted that Goldman Sachs would post earnings of more than $2 billion in the second quarter. Instead, the U.S. investment firm reported a profit of $3.4 billion. Although the impressive results drew cheers from investors, a government rep...
Obama's four-step rehab President Obama announced a plan on Wednesday to help homeowners find relief and reduce the number of foreclosures . So here's on my planned works. First, we will make it possible for an estimated 4 to 5 million currently inel...
Small Business Report: Safe toys There will be tougher toy safety standards, as Headline News' Jennifer Westhoven reports. Every year they have the annual toy fair, it's happening right now in New York City and safety is the big issue this year, Jenn...
China's economic worries CNN's Stephen Frazier asks Dong Tao of Credit Suisse what ecomonic impact the winter storms will have on China. I think in general, the industrial production and agricultural productions are most affected by this. Among all o...
