Financial experts Beth Kobliner and Alvin Hall on the new regulations affecting credit card issuers, and the implications for card holders; we kick off a week-long series on the public's frustration with politics and politicians in 'Frustration Nation'; an update on allied progress in Afghanistan's Helmand province; and a discussion on blending existing families as co-host Celeste Headlee prepares to marry. Todd Zwillich sits in for John Hockenberry.
President Obama signed the CARD Act back in May 2009, but the new regulations on credit card issuers took until today to come into effect. The law was designed to protect consumers from many of the hidden fees, rate changes and small print traps that cost Americans $15 billion each year, but some aspects of the bill changed along the way. Now that it's here, how will it affect your monthly statements?
Our weekly look ahead at the news for the next seven days with Marcus Mabry, international business editor for The New York Times, and Jonathan Marcus from the BBC. This week: the fallout from a NATO air strike that killed a number of Afghan civilians; what's in store for Toyota executives as they face a grilling from U.S. lawmakers; and how Republicans are preparing to face President Obama at his health care summit.
The U.S. Figure Skating Organization has a name for the increased interest in the sport they get every four years: They call it "The Olympic Buzz," and it's linked to the media exposure skating gets during the Winter Olympics. Takeaway correspondent Femi Oke goes in search of the 2010 "Olympic Buzz" at one of the most famous ice rinks in the world: Wollman Skating Rink in New York's Central Park.
Takeaway co-host Celeste Headlee will be getting married this summer and, in the process, she'll be taking on the role of stepmother, as her husband-to-be brings a new son into the household. At the same time, her son will get a new stepfather. She's not alone: 65 percent of remarriages involve children from a previous marriage, so we look at the challenges of blended families.
A new CNN poll finds that 86 percent of Americans think that government is broken. This week, we kick off a series called "Frustration Nation," where we examine the gridlock in the capital and how politics has come to be so divisive in America. For the first installment, we put today's situation in a historical context.
U.S. and NATO forces are approaching the campaign in Southern Afghanistan in a novel way — from the allies' struggle to win the hearts and minds of Afghan civilians in the region, to the dropping of leaflets urging the Taliban to leave the area. New York Times Pentagon correspondent Thom Shanker looks at how the strategy of this military campaign differs from others.
College applications used to be all about personal essays and letters of recommendation. Now YouTube videos are entering the mix.
Today marks the 30th anniversary of one of the biggest upsets in the history of sport. In what came to be known as "The Miracle on Ice," the scrappy and determined amateurs of the U.S. men’s ice hockey team upset the best team in the world — the USSR. We relive the memory with the lead scorer in that game, Mark Johnson, who is currently the coach of Team USA's women's ice hockey team.