BP’s stock value sunk Tuesday, following the failure of the “top kill” procedure to halt the oil leak over the weekend. Jim Lehrer talks to an energy consultant and management expert about BP’s financial prospects as the crisis drags on. Continue reading
The Dow Jones fell below 10,000 in trading Tuesday afternoon, as jittery markets reacted to continued economic struggles in the Eurozone and escalating tensions between North and South Korea. Europe’s debt crisis continues to worry investors, sending the euro toward … Continue reading
This month’s stock market “flash crash” of 1,000 points was the subject of Senate hearings, as the federal regulators proposed new rules to prevent further instability. Jeffrey Brown talks to two financial experts for more on the markets. Continue reading
The European Union and the International Monetary Fund have made progress in securing a rescue package to keep Greece from defaulting on its debt, as citizens protested the stark austerity measures the government is considering. Margaret Warner reports. Continue reading
Question: I’ve been watching the difficulties the government has had propping up the banks — the lack of control, the salaries, the fact that they’re trying to fix entities with a lot of toxicity on their balance sheets. The following … Continue reading
President Barack Obama and British Prime Minister Gordon Brown on Tuesday hailed the “special relationship” between their countries as the two held talks on how to solve the economic crisis reverberating around the globe. Continue reading
- With the Economic Downturn and Wages Stagnant, What Economic Rationale Prevails for Increasing Prices?
Question/Comment: In the New York Times recently, it was stated that there has been a drop in consumer prices. Here is NYC I have found that prices have risen. For example, a half gallon of milk that was $1.89 three … Continue reading