Recession In The Forecast

January 9, 2008 4:18 PM

Job growth is slowing, the housing slump is in its third year, and the '07 Christmas season was weak. Is a recession on the horizon? One prominent financial firm says yes. Anthony Mason reports.

Read Story: Goldman Sachs: Brace For Recession In 2008

Recommended

On the Road: Noah's Dream Catcher Network
2:53 February 10, 2012

On the Road: Noah's Dream Catcher Network

As part of our continuing series "On the Road," Steve Hartman tells the story of a 12-year-old named Noah who raised enough money to keep his grandmother from going into foreclosure.
Salvaging the Costa Concordia
2:12 February 10, 2012

Salvaging the Costa Concordia

The salvaging of the Costa Concordia, a capsized cruise ship off the coast of Italy, could become the most complicated marine salvage operation in history. Mark Strassmann speaks with the owner of an American company that may take on the job.
Bank deal won't protect federal mortgages
2:38 February 10, 2012

Bank deal won't protect federal mortgages

The $25 billion deal between the states and major banks to provide foreclosure relief will not provide any assistance for those with federal mortgage loans, reports Bill Whitaker.
Ambassador Ford on military help in Syria
2:12 February 10, 2012

Ambassador Ford on military help in Syria

Ambassador Robert Ford, who led the U.S. Embassy in Syria, speaks with Scott Pelley about why the international community has not intervened militarily in Syria and whether there is a chance of allied forces coming to the aid of the rebels.
Romney touts conservatism at CPAC
2:04 February 10, 2012

Romney touts conservatism at CPAC

At the Conservative Political Action Conference in Washington, Mitt Romney is on a mission to convince conservatives that he really is one of them. But, is Romney's message getting through? Chip Reid reports.
Obama's contraceptive compromise
2:56 February 10, 2012

Obama's contraceptive compromise

After sparking a firestorm of religious and political controversy, President Obama announced his compromise on the contraceptive requirement of his health care law, reports Norah O'Donnell.
Remembering Kodak cameras
2:08 February 9, 2012

Remembering Kodak cameras

For the last 20 years, Marty Moyal has been repairing cameras in his Forest Hills, New York shop. The photography enthusiast has always been excited about sharing memories with Kodak cameras, but now, that's all they will be - memories. Anthony Mason remembers the American institution of Kodak.

Recession In The Forecast

Most Popular

CBS This Morning

Evening News

60 Minutes

48 Hours

Face the Nation

Politics

U.S.

World

Health

SciTech

Entertainment

MoneyWatch

Caught on Tape

CBS This Morning