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DISAPPEARING PROPERTY TAXES: The latest sign of the housing crisis: people across the country demanding they pay less in property tax because their homes have lost value. Jane Wells catches up with the Riverside County Assessor's office, because they have to reassess the property values of 250,000 homes!! They're slashing assessed values up to 40%. This, of course, is really going to hurt tax rolls. Jane Wells reports.
| REALTYTRAC ON FORECLOSURES: RealtyTrac releases its April 2008 U.S. Foreclosure Market Report. Diana Olick follows the results.
| INFLATION ON THE MENU: For the local restaurants in Cape May, NJ, it's not a choice. Inflation is here in a big way. Trish Regan looks at how the uncomfortable math adds up for businesses and becomes material for economies across America.
| SMART CAR, SAFE CAR: Insurance Institute for Highway Safety is releasing crash test results for the tiny Smart car. The Smart car earns high safety marks for its size, getting the highest rating of "Good" for front and side crash protection, and an "acceptable" rating for seat and head restraint performance in rear-end crashes. At the same time, the Institute will give consumers advice on the safety of small cars compared with larger ones, and what to look for when shopping for a more fuel-efficient vehicle.
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