CES 2009 More Evolutionary Than Revolutionary

January 13th, 2009 by ConsumerBob

CES is about companies, both large and small, showing their wares to vendors and press/analysts. It’s also about getting a sense of the trends, sharing ideas, and aligning your digital compass for the months and years ahead. CBS News Science and Technology correspondent Daniel Sieberg shares some retrospective on the 2009 event in Las Vegas.

Working Triage In The Credit Crisis

January 7th, 2009 by ConsumerBob

The recession gets the credit for lower oil prices – and for more Americans falling behind on their loan payments. A new report says that, in the third quarter of last year, nearly 3 percent of loans were at least 30 days late – the most since they started keeping track 28 years ago. CBS […]

Housing Slump Makes For Buyer’s Market

December 30th, 2008 by ConsumerBob

One of the housing industry’s benchmark indexes shows home prices dropped by 18 percent in October, the sharpest annual rate drop on record, reports CBS News correspondent Kelly Wallace.

For Desperate Homeowners, Scams Abound

December 27th, 2008 by ConsumerBob

California led the nation in foreclosures last month, and scam artists seem to be coming out of the woodwork to prey on desperate homeowners. CBS News reports on one California woman who is is about to lose that home after taking out a series of high interest loans that have left her hopelessly in debt.