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Video: Money Minute: Unemployment Rate Jumps Fri, 06 Nov 2009 20:35:01 +0000
The unemployment tops 10 percent, homebuyers get tax credit extension and DVD price wars begin. The AP's Mark Hamrick reports. (Nov. 6)
Video: Labor Secretary Says Job Losses Are Slowing Fri, 06 Nov 2009 19:06:00 +0000
Labor Secretary Hilda Solis says the worst of the job losses are behind and gives advice to job seekers. (Nov. 6)
Video: Unemployment Rate 'disappointments' White House Fri, 06 Nov 2009 15:28:50 +0000
Christina Romer, a top White House economic adviser, says unemployment numbers topping 10 percent were expected, but still a disappointment. Still, she says the economy is showing some positive signs. (Nov. 6)
Video: Jobless Rate Tops 10 Percent, a First Since '83 Fri, 06 Nov 2009 14:26:35 +0000
The unemployment rate has surpassed 10 percent for the first time since 1983, and is likely to go higher. The AP's Mark Hamrick says this is the 22nd month the economy has lost jobs, the longest on record. (Nov. 6)
Video: Money Minute: Improving Retail Sales Thu, 05 Nov 2009 19:15:28 +0000
Retail sales are picking up, even among sellers of luxury goods, new jobless claims drop and a new program to help people hold onto their homes. The AP's Mark Hamrick reports. (Nov. 5)
Video: Group Pushes States to Allow Stronger Beer Thu, 05 Nov 2009 18:31:31 +0000
The Boulder, Colorado based Brewers Association is working to push states to raise limits on alcohol content in beer. The group says the move would help small craft breweries expand their markets. (Nov. 5)
Video: Sesame Street Celebrates 40 Years Thu, 05 Nov 2009 14:55:10 +0000
Caroll Spinney, the man behind Big Bird and Oscar the Grouch, talks about four decades of Sesame Street (Nov. 5)
Video: Chrysler Aims to Pump Life Into Car Lineup Thu, 05 Nov 2009 02:57:55 +0000
Chrysler plans to overhaul its cars with technology from its new Italian partner, Fiat SpA, and it says it has the cash to pay for the changes. Many auto analysts, however, are skeptical about the company's future. (Nov. 4)
Video: Nov. 4: Stocks Give Up Gains in Last Hour Wed, 04 Nov 2009 22:45:22 +0000
Investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy and stocks lost most of their gains in the last hour of trading. (Nov. 4)
Video: GM's Opel Move Raises Anger, New Uncertainty Wed, 04 Nov 2009 22:36:59 +0000
General Motors decision to scrap the sale of Opel raises new uncertainty over the unit's future, astonishing politicians in Germany and Russia, and prompting workers to plan walkouts in protest.(Nov. 4)
Video: Fed Again Pledges to Hold Rates at Record-Lows Wed, 04 Nov 2009 21:56:22 +0000
The Federal Reserve pledges to keep a key interest rate at a record low for an 'extended period,' in a sign that the economy is growing, the AP's Mark Hamrick says. (Nov. 4)
Video: Raw Video: Alleged Luggage Stealers in Court Wed, 04 Nov 2009 21:17:36 +0000
Two people suspected of stealing up to 1,000 pieces of luggage from baggage claim carousels at Phoenix's airport made their first court appearance. Police found heaps of the stolen bags strewn throughout their home.