Buy Local, Bye-Bye Walmart
When the residents of Saranac Lake, NY were faced with having a Super Wal-Mart put in, some 600 residents came together to open their own department store, selling shares in the new venture for $100 and raising $600,000. CBS News business and economics correspondent Rebecca Jarvis reports.
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Why the World Cup is a Big Deal
After living overseas in Germany and England and now coming back to the United States, I have a completely different perspective on Football (or Soccer as we call it in the United States). With the World Cup in full swing, I thought I would tackle the subject of Football and why it is the most popular sport in the world.
Read MoreCredit Card Shenanigans
It must be great to be in the credit card business in the United States. Demand is relatively inelastic and regulation is lax, so you can charge whatever you want for an interest rate, increase your fees once or twice a year, and make additional money off cash withdrawals and foreign exchange transactions.
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