Leafy, tony Greenwich, Conn., feels a world apart from nearby Bridgeport, where unemployment and crime levels have soared as industry has declined. The vast differences in wealth in these two Fairfield County towns reflect a level of income inequality that's among the nation's highest.
The Federal Reserve has released its latest snapshot of the state of the U.S. economy. Retail and auto sales were up slightly over the year before — as was activity in the housing sector. Renee Montagne talks to David Wessel, economics editor at The Wall Street Journal, about housing's recovery.
Most of the world's 787 jetliners are not flying. The Federal Aviation Administration announced late Wednesday it was grounding the U.S. fleet of Boeing's flagship airliner until it's confident the planes are safe. As expected, other countries then grounded their airplanes too.
What began as a company's suspicion that its infrastructure was being hacked turned into a case of a worker outsourcing his own job to a Chinese consulting firm. That's according to reports that cite an investigation by Verizon's security team. The man was earning a six-figure salary.
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