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India rupee falls to historic low

23 May 2012

The Indian rupee continues its downward slide of the past few days and hits an all-time low against the dollar.

CBO Report: U.S. Economy Could Slide Into Recession

23 May 2012

The Congressional Budget Office is warning the U.S. economy could fall back into a recession if Washington doesn't address the looming fiscal crisis. The Bush-era tax cuts are supposed to expire as is a temporary reduction in the payroll tax. Meanwhile, deep cuts in federal spending are supposed to take place if Congress and the White House can't agree on a debt-reduction plan.

Facebook's Slide: 1 Number to Watch

22 May 2012

The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Mike Olsen, Jason Moser, and Joe Magyer, discuss the latest business news.