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Cars Are Next Frontier For Sharing Services
Two 19-year-olds from New Jersey noticed all of the cars in long-term parking at the airport. They had an idea: Why not rent them out? They raised $6 million in venture capital funding for their company FlightCar.
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•
4:04
Most Economists Say Happy New Year — Really
Annual forecasts are brimming with good cheer for 2014: Jobs will come back, stock prices will keep heading higher, and consumer spending will continue to improve, economists predict.
What's Behind The Drop In Unemployment
The unexpected dip to 6.7 percent may seem like good news, but the rate slid in December in part because the country found itself with a smaller workforce as people retired or just dropped out. At the same time, most of the jobs being created are in low-wage industries.
Millions Struggle To Get Enough To Eat Despite Jobs Returning
The number of food insecure Americans did not decline between 2012 and 2013, according to the USDA. And the level of food insecurity remains much higher than it was before the recession.
Access To Toilets And Books Improves Life For Kids Across The Globe
Since 1990, nearly 2 billion people have gained clean toilets, or at least decent outhouses. And many more children in the developing world now eat better, go to school and get medical treatment. The advances mean that fewer children are dying of preventable diseases.
The U.S. Finally Gets Past Pre-Recession Jobs Total
With today's monthly jobs report meeting predictions, the U.S. has surpassed the number of jobs before 2008. But the recovery has been slow and long, economists say.
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3:02
Former JPMorgan Chase Traders Charged Over 'White Whale' Bets
Federal prosecutors filed criminal charges on Wednesday against two JPMorgan Chase traders involved in the "London Whale" bets that produced $6 billion in losses for the bank. The Securities and Exchange Commission also filed a civil case. The two men were charged with fraud and conspiracy to falsify books and records.
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3:08
Rafael Nadal Loses In First-Round Upset At Wimbledon
After winning the French Open earlier this month, Rafael Nadal falls early at Wimbledon, losing to Belgium's Steve Darcis, ranked No. 135 in the world. It's the first loss for Nadal in the opening round of a Grand Slam.
15-Plus Drinks A Night: Teenagers Binge At Dangerous Heights
Twenty percent of high school seniors say they binge drink, with 6 percent consuming 15 drinks or more in a row. This extreme binge drinking accounts for high rates of emergency room visits by teen drinkers, researchers say, and poses a health risk that until now hasn't been adequately measured.
U.S. Ship Destroyed Iranian Drone Over Strait Of Hormuz, Trump Says
President Trump says that after the drone closed to within approximately 1,000 yards of the U.S. warship and ignored calls to stand down, it was "immediately destroyed."
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