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March 13, 2007
Alexis Christoforous reports that retailers should announce improved February sales; subprime mortgage lender New Century could go bankrupt; and rising corn prices could mean big changes at Coca Cola.
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March 12, 2007
Alexis Christophorous reports that New Century is the newest casualty in the mortgage meltdown; Dollar General was sold; and Ford is selling a controlling stake in Aston Martin.
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March 12, 2007
Alexis Christoforous reports wholesale and retail prices reports may show that inflation remains under control; a freeze on commercial companies' applications for banks; and ...
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March 10, 2007
Bad loans, mounting debt, and a stock collapse have put mortgage company New Century on the brink of bankruptcy, and many prospective homeowners are alarmed. Randall Pinkston reports.
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March 09, 2007
Alexis Christoforous reports that the job market is cooling; there may be a new casualty in the mortgage meltdown; Vonage was convicted of patent infringement; and consumers like "health" drinks.
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March 08, 2007
Alexis Christoforous reports that Congress will consider a bill affecting CEO pay; mortgage applications are up; crash tests may change; and Jimi Hendrix's family is suing a vodka maker ...
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March 07, 2007
Alexis Christoforous reports that the Dow finally rebounded after a major plunge; sub-prime mortgage market continues to sink; and CBSSportsLine.com and CSTV.com gear up for March Madness.
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March 06, 2007
The federal government has launched a criminal investigation into sales of counterfeit wines at some of the most prestigious auction houses. Alexis Christoforous reports.
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March 06, 2007
Alexis Christoforous reports investors are looking for signs of stability amid fears about mortgages; Wal-Mart fires an employee for intercepting text messages; and Microsoft loses a major customer.
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March 05, 2007
Alexis Christoforous reports investors are hoping for calmer days ahead; Wall Street will be looking at reports from the Federal Reserve for signs of a recession; and Congress is looking at CEO pay.
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March 02, 2007
Alexis Christoforous reports that market swings may just be "aftershocks" from the Dow's plunge; Dell's profits and sales are lower than expected; and February was mixed for U.S. ...
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March 01, 2007
Japanese automakers dominated Consumer Reports' 2007 ratings of new cars. As Teri Okita reports, experts say U.S. automakers need to make world-class products to compete.
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March 01, 2007
Wall Street settled down Thursday after a slow start, but uncertainty over the market is here to stay for a while. Alexis Christoforous reports.
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March 01, 2007
The stock market opened on an uncertain note, first losing 200 points but then slowly regaining momentum. Alexis Christoforous reports from New York.
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March 01, 2007
Alexis Christoforous reports that Wall Street appears to have rebounded; Ben Bernanke says he expects the economy to pick up; and investors will be watching consumer spending and personal income.
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February 28, 2007
Stocks shot higher on Wall Street as investors went fishing for bargains following Tuesday's bloodbath that sent the Dow plunging. Alexis Christoforous reports.
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February 28, 2007
The New York Stock Exchange regained some ground thanks to investors eager for a bargain after frantic selloffs sent prices tumbling. Alexis Christoforous reports.
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February 28, 2007
Alexis Christoforous reports on the global sell-off that led to a free-fall on Wall Street; Federal Reserve Chairman Ben Bernanke's trip to Capital Hill; and home mortgage qualifications.
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February 28, 2007
Only On The Web: Shanghai markets rebounded overnight, which could be encouraging news for U.S. stocks. Anthony Mason reports from the New York Stock Exchange.
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February 27, 2007
Investors are worried the Chinese and U.S. markets are cooling and the latter could be in for a correction. There was also a meltdown in the subprime mortgage market. Alexis Christoforous reports.
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