Although the volume of prescription drugs and drug ingredients coming into the country from foreign manufacturers in developing nations such as India and China has exploded in recent years, the Food and Drug Administration's budget for foreign inspections has not kept pace. And it will be lower in 2008 than it was in 2002, congressional investigators said. ...more

November 1, 2007

Treasury Secretary Henry Paulson said Tuesday that the recalls of tainted Chinese products are causing fear among U.S. consumers. He called on China to take bold moves to address that and other economic problems facing the two countries. ...more

October 24, 2007

Jim Ammons grumbles to himself every time he fills up his Ford Expedition, but he says gas prices would have to almost quadruple to $10 a gallon before he would ditch his SUV. ...more

October 20, 2007

American consumers hold the key to whether the unexpected drop in August's employment signals either a continuation of a gentle slowdown or a tumble into outright recession for the U.S. economy. ...more

September 8, 2007

Volkswagen is moving its North American headquarters out of the Detroit area - the nation's automotive capital - to the suburbs of the nation's capital and will cut 400 jobs in the process, the German auto maker said Thursday. ...more

September 7, 2007