ECONOMY

Eight years ago, Warren Buffett made a $1 million bet with some hedge fund managers. We learn what the bet tells us about one of the most important questions in investing.

Recent forecasts for global growth have been ratcheted down, even as oil prices sink lower and put more money in consumers' wallets. Economists see several factors changing things.

Apartment buildings are going up all over Manhattan, but it's harder than ever to find an affordable place to live in New York. It's a scene played out nationwide as rents soar and wages stall.

New York City has become safer, richer and much more crowded than it used to be. It's also much harder to find somewhere to live.

The tap draws from Lake Huron. Eatery owners have bought ice, bottles and expensive filters. Large signs in windows post lead-free test results. But diners in this Michigan city are still leery.

Iranians are hoping the recent election of more reformers to parliament will help improve the economy.