Building Fuel Efficient Cars

Investors will be keeping a close eye on the Federal Reserve's two day meeting that begins today, Chrysler is expected file papers explaining why its refusing to recall more than two and-a-half million Jeep SUVs, and the maker of the "Nap Nanny" and "Nap Nanny Chill" are recalling all models. Ashley Morrison reports.

GM is recalling almost 200,000 mid-size SUVs, a high ranking IRS official claims she was involved in targeting tea party groups, and despite the volatile market some economists are still bullish on the economy. Ashley Morrison reports.

USA Today's publisher is expanding its TV portfolio, a Chinese company plan's to build a shipping channel to compete with the Panama Canal have been approved, and two parking spots in Boston were bought in an auction for $560,000. Ashley Morrison reports.

Investors shrugged off big sell-offs in Asia and Europe after some encouraging reports on the U.S. job market and consumer spending. The number of Americans applying for unemployment benefits fell last week, and the commerce department says retail sales rose six-tenths of a percent. Alexis Christoforous reports.

????The makers of Marlboros are jumping into the electronic cigarette market and Sony has fired the first shot in the video game price war. Alexis Christopherous reports.

The May 2013 jobs report shows that more people began looking for work; Chrysler recalls jeeps and SUVs due to a software problem and President Obama wants to bring high-speed internet to the nation's schools. Ashley Morrison reports.

For the first time in a year, mortgage rates have climbed above 4 percent. Also, U.S. factories bounced back from a weak March to rise 1 percent in April. Alexis Christoforous reports.

Stocks opened lower after some worse than expected news on the jobs front, Toyota is recalling about 240,000 of its Prius and Lexus hybrid vehicles, and the Treasury Department will unload more of its General Motors stock. Ashley Morrison reports.

The stock market lost its Tuesday winning streak and the Dow finishing higher for the past 20 Tuesdays in a row. The Dow fell by 76 points and the Nasdaq lost 20. Alexis Christoforous reports.

Home prices jumped more than 12 percent in April, United airlines is offering a subscription for checked baggage, and Lululemon is bringing back yoga pants that were pulled from store shelves for being too sheer. Ashley Morrison reports.

The average couple spends over $28,000 on their wedding. Mellody Hobson, CBS News financial analyst, has tips for saving money on everything from your reception venue to your bar tab.

Stocks were mixed most of the day as a new report shows manufacturing output is at its lowest level in four years. However, business at car dealerships is improving as Ford, GM, and Chrysler all reported higher sales in their latest reports.