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Thursday, June 26, 2003

Arson Threatens Albuquerque

The Early Show's Harry Smith talks to the mayor and chief of police of Albuquerque, New Mexico, about the suspected arson that is threatening the city.

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Alabama's Shocker Politics

Alabama's Republican governor is taking heat from his own party and sparking disbelief in state Democrats for a radical tax reform plan that includes a billion dollar hike, Mark Strassmann reports.

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Fed Slashes Interest Rates

Borrowing money just got cheaper thanks to the Federal Reserve. New cuts put interest rates at their lowest in 45 years, and the Fed hopes to boost the sagging economy, Anthony Mason reports.

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Consumer Beef With Low Rates

Lower interest rates may boost business and the economy, but since credit and mortgage rates aren't affected, consumers want to know how the average American benefits, Richard Schlesinger reports.

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