Analyst Says Fraud Allegations Against 140-Year-Old Firm Will Add Momentum to Dems\' Push for Finance Regs Overhaul
President Obama used his weekly address to push the case for financial reform. CBS News Political Analyst John Dickerson speaks with Jeff Glor to put the political week in focus.
During the 19th century, paddlewheel towboats helped keep the U.S. economy humming by hauling coal and steel. As Anthony Mason reports, an Ohio town is trying to save one that is still intact.
Carmaker Duplicates Results from Consumer Reports on Lexus SUVs; Sienna Recall Affects 1998-2010 Models
New York City\'s oldest library says President Washington checked out two books in 1789 and never returned them. As Jeff Glor reports, Mr. Washington owes $300,000 in late fees.
Were Goldman\'s mortgage securities designed to deceive? Tony Guida reports on the SEC lawsuit alleging fraud.
WASHINGTON (AP) - The government has accused Goldman Sachs & Co. of defrauding investors by failing to disclose conflicts of interest in subprime investments it sold as the hou..
The number of home foreclosure filings jumped by nearly 20 percent during the first quarter of 2010. Anthony Mason reports on this new wave of bank repossessions and its overall effect on the U.S. economy.
Thousands of flights have been canceled worldwide as ash and smoke from an Icelandic volcano have settled over much of the United Kingdom. CBS News\' Elizabeth Palmer reports from Heathrow Airport.
Olympics Brought in $800 Million Extra Revenue, but Came with Heavy Production and Rights Costs
Business correspondent Rebecca Jarvis discussed the best industries and cities to find new jobs.
Katie Couric speaks with Janet Tavakoli, a financial expert on investments known as derivatives, about the recent SEC lawsuit filed against Goldman Sachs over default mortgage loans.
International traveling woes persist as volcanic ash from Iceland continues to prevent flights across much of Europe, which has hindered airline traffic worldwide. Richard Roth reports from London.
The Securities and Exchange Commission has sued Wall Street giant Goldman Sachs, accusing the powerful banking firm of knowingly selling doomed mortgages to investors. Anthony Mason reports.
Executives From General Motors, GMAC and AIG Will See Their Cash Salaries Limited
Airlines Losing $200M a Day and Industries Reliant on Air Travel Worry about Shipping; RyanAir Nixes Flights Until Monday
Seven customers of banking giant UBS have been charged with conspiracy and criminal tax offenses. They're accused of concealing their Swiss-based ass..
The White House says President Barack Obama and his wife Michelle made $5.5 million last year and paid nearly $1.8 million in federal income tax.&nbs..
Second Straight Weekly Increase Marks Highest Level Since Late February
President Obama plans for the U.S. space program include private companies flying astronauts to space station. Bill Plante reports from Washington D.C.