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Credit goes to: alanwjw, durianxt, dreamcast, scootert, chemff, 牛背上的蝎子, jjjwin, Anderson Cooper, leungwong and collenice. This business update is brought to you by Verizon Online DSL. Mich
Rachel Lee: The U. S. economy slowed to a crawl in the last three months of 2005. Gross Domestic Product grew just 1. 1%. Economist John Narof: John Narof: There were a number of factors that are easi
Rachel Lee: A tough day for Wall Street after General Electric and Citigroup reported earnings just shy of what analysts estimated. Cheif economist Robert Brusca with Fact and Opinion Economics, isn't
This business update is brought to you by Verizon Online DSL. Rachel Lee: Genentech has halted / test of a peanut-allergy treatment after two kids suffered serious reactions. CNN's Susan Lisovicz has
If you want one example why the dollar is so weak, look no further than housing. Home prices in Britain continue to soar despite many predictions that market would cool, so house price inflation is one big reason. The Bank of England is expected to
We have more tonight on the subject of spending. But this has to do with the American household budget. Tonight, in the State of California alone, gasoline is now at an all-time record-high price per gallon, and food prices are rising sharply these
Microsoft is reportedly looking to ride the wave of MA, negotiating perhaps a buyout deal with Yahoo, will this pairing be enough to knock Google off its perch? Let's ask Walter Pritchard, he's managing director of Equity Research with Cowen Co. and
They are the markets every investor wants to find before they take off and after a 130% rise in China's locally traded market last year. Millions of Chinese have poured their money into stocks. But that's making problems for a nervous government. Tyl
Henry Hank Paulson has visited China more than 70 times, but it's his first trip to a Shanghai financial market as US Treasury Secretary. Paulson toured the Shanghai Future Exchange Thursday, the final stop of his three-nation swing through Asia. Th
Never in the brief history of China's stock market has there been a boom like this, and small-time investors are grabbing the bull run by the horns. Among them, Zhu Shuliang, he's been following his small portfolio everyday for the past 12 years at t
Well, the increased demand for ethanol is pushing up the price of corn, the key ingredient in the alternative fuel. And the Agriculture Department says that as corn prices rise, so too would food prices. It says consumers can expect to pay more for
The United States has sustained 31 consecutive years of trade deficits. Those deficits have reached successively higher records in each of the past five years. The US trade deficit has in fact more than doubled since President George W. Bush took of
Scripts: We seem to have a deep rooted fear in the market right now, concerning whether the US economy is on the skids and we saw an emergency of rate cut for the, from the Fed about a month ago, and again we saw a retail Fed cut about a week and a
Sure,it's all smiles and handshakes now, but just wait until they sit down and talk when Wu Yi, Vice Premier and the most senior woman in China's Communist Party is likely to tell the US to back off, especially when it comes to China's currency, the
Script: Though last two years have been a smooth flying for Boeing. The stock up about 50% now at 96 dollars and 77 cents a share. This week, Boeing unveils its 787, its also two years since Jim MacNerney took over the company, and has seemingly mad
Script: Alternative energy, obviously a hot topic, but is it really just a bunch of hot air? Tonight we are talking about cashing in on the multi-billion dollar wind side of alternative energy. Jane Wells is on the Money tonight. There are billions
From the CNN Center here in Atlanta, glad you are with us everyone, I'm Catherine Callaway. Here's a look at what's happening NOW IN THE NEWS. Yes we can Some amazing video this morning from thousands who showed up outside / Barack Obama's future ho
Hello to you, Im Creshon Saunders at the CNN.com newsroom in Atlanta. Here's a look at whats happening NOW IN THE NEWS. Once a Category-4 storm now is just a tropical storm, Paloma continues to push in the Atlantic. The storm passed over Cuba yester
Hello,from the CNN Center in Atlanta, I'm Naamua Delaney and here are some of the headlines NOW IN THE NEWS. President-elect Barack Obama's to-do-list is topped by the economy. He's making it his first order of business, meeting with the team of fi
Good afternoon, from the CNN Center in Atlanta, Im Reggie Aqui. Here is whats happening NOW IN THE NEWS. A source tells us that President-elect Barack Obama has chosen his chief of staff. And its going to be Illinois lawmaker and veteran of the Clin