• newswrap_somalia
    September 2, 2014  

    In our news wrap Tuesday, the Pentagon confirmed that a U.S. airstrike in Somalia overnight targeted the leader of the al-Qaida-linked group al-Shabab. It was unclear whether Ahmed Abdi Godane — the alleged mastermind behind the raid of a Kenyan shopping mall that killed 67 people last year — was killed in the attack. Meanwhile, Pakistan’s parliament rallied behind the country’s embattled prime minister. Continue reading

  • Markets Continue Downward Slide As Trading Opens
    April 11, 2014  

    Thursday marked the single worst day for the Nasdaq since 2011. The once high-flying biotech and Internet shares tumbled, pulling the index below 4000 for the first time since Feb. 3. Hari Sreenivasan talks to Hugh Johnson of Hugh Johnson Advisors about what’s behind investors’ jitters and why tech and biotech tend to be more volatile than other stocks. Continue reading

  • U.S. Stocks Rise as S&P 500 Heads for Best Annual Gain Since '97
    December 31, 2013  

    2013 was a big year on Wall Street. The Dow Jones Industrial Average, S&P 500 and Nasdaq indexes all had banner years. But do these gains reflect wider gains in the economy? Jeffrey Brown talks to Roben Farzad of Bloomberg Businessweek, Harry Holzer of Georgetown University and financial advisor Hugh Johnson. Continue reading

  • August 22, 2013  

    In other news Thursday, the Nasdaq exchange shut down trading for three hours due to a technical problem, but other markets were not affected. Kwame Holman talks to Jia Lynn Yang of the Washington Post for more. Also, a wildfire near Yosemite National Park tripled overnight, threatening homes, hotels and camp buildings. Continue reading

  • July 25, 2013  

    In other news Thursday, a group of hackers from Russia and Ukraine were charged with stealing cash and goods totaling more than $300 million by accessing credit and debit card numbers through computers of major corporations. Also, a train derailment in Spain left 80 dead and nearly 100 more with injuries. Continue reading

  • October 4, 2012  

    In other news Thursday, stocks rose after data showed that the number of new unemployment claims was smaller than expected. Also, a major federal investigation into medicare fraud identified more than 90 health care professionals suspected of false billing in seven different cities. Continue reading

  • February 1, 2012  

    Facebook, the world’s leading social media service, filed papers with the SEC Wednesday to raise $5 billion and take the company public. Jeffrey Brown discusses its business model, its growth potential and some interesting revelations in the IPO paperwork with Nate Elliott of Forrester Research and Wired magazine’s Steven Levy. Continue reading

  • August 18, 2011  

    Stocks in the United States were the last domino to fall in a series of global market sell-offs on Thursday, driven by a barrage of bad economic data, including a rise in new U.S. claims for unemployment benefits. Ray Suarez reports on the latest market woes in the United States and abroad. Continue reading

  • August 1, 2011  

    On Wall Street, stocks initially rallied Monday on the news of a debt-ceiling deal, but a weak report on manufacturing killed the surge. Economics correspondent Paul Solman reports on the financial world’s reactions to the drama over a debt deal as part of his series on Making Sen$e of financial news. Continue reading

  • May 17, 2011  

    In other news Tuesday, the Coast Guard closed part of the Mississippi River and didn’t say when it might reopen. Meanwhile, floodwater continued to creep across Louisiana’s Cajun country after a key spillway was opened. Also, Pakistani troops exchanged shots with a NATO helicopter in an incident on the Afghan border. Continue reading

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