Geithner on economy: ‘Progress is going to be uneven’

CNN’s Anderson Cooper spoke Thursday with Treasury Secretary Timothy Geithner at the G-20 economic summit in London, England. Geithner discussed whether the United States bears some responsibility with the global economic woes, possibility of a global regulator and how to create a stronger financial system

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Fashion Disaster: Luxury Takes a Hit in Moscow

Fewer Bentleys cruise the streets of Moscow these days, sushi sales are down, and construction on Europe’s tallest tower has halted for lack of money. For fashionistas at the opening of the 18th annual Russian Fashion Week on Sunday, the most potent sign of the times was the sight of people wearing last year’s styles. “Even the very rich aren’t just going out and buying anymore,” says Tatyana Ageyeva, a buyer who has worked for élite labels like Kenzo and Hugo Boss for nearly a decade.

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