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Ariel Investments is one of the largest African-American owned money management firms in the U.S. Its founder John Rogers, Jr. shares how he beat the odds and rose to success, and what lessons can be learned from the current financial crisis.

The number speaks for itself, $28-billion. That's the size of California's budget deficit. The figure comes from the state's non-partisan legislative analyst. He says lawmakers must act quickly to

Britain's Prime Minister Gordon Brown will be among the important players at the G-20 summit looking for ways to reverse the global economic downturn. Britain's ambassador to Washington, Sir Nigel Sheinwald, tells Ari Shapiro that the group needs to work on some sort of economic stimulus and overhaul the world's financial system.

Leaders of the world's 20 largest industrial nations and emerging economies meet this week in Washington, D.C., to discuss the global economic downturn. Simon Johnson, a professor at MIT and a former IMF chief economist, tells Ari Shapiro that the meeting could be a springboard for a more fundamental restructuring of the international financial system.

Post-Election Blues

Gen. Jack Keane, former Army vice chief of staff, oversaw military operations in Iraq during the U.S. invasion. He talks about President-elect Barack Obama's plan to end the war. Keane says the focus now should be on achieving the goal of the mission.

The co-chair of Obama's transition team called Obama's meeting with Bush Monday "a good first step" for his transition. She said the president-elect has plans to create an Office of Urban Policy — and to reverse certain executive orders President Bush signed while in office.

European foreign ministers have developed what they call a "road map" for relations with the new U.S. president. The plan is part of a broader effort to ease the transition from the difficult relationship with President Bush to what many hope will be a smoother one with Barack Obama.

The new James Bond film opens on Friday and features Daniel Craig in his second outing as the British 00 agent. But in what seems to be an effort to not…

Governor Arnold Schwarzenegger's efforts to balance California's budget deficit isn't making many friends in the state Capitol. Democrats oppose program and service cuts while Republicans are dead-set