Question/Comment: If the Dow Jones goes up by 200 points how are these 200 points measured? Paul Solman: Roughly, the sum of the stock prices of the 30 companies in the Dow Jones industrial average, companies chosen as the biggest … Continue reading
As fears of a U.S. economic downturn stir tumult in global finanical markets, two financial experts examine the impact of the market turmoil on the average American consumer and how the week’s events may fit into the broader U.S. economic forecast. Continue reading
Whole Foods, which opened in 1978 as a single organic grocery store, has expanded to 200 stores and over $9 billion in yearly sales. NewsHour economics correspondent Paul Solman reports on the company’s success, the growing competition and the organic food industry. Continue reading
Former Enron CEO Jeffrey Skilling was sentenced Monday to more than 24 years in prison for his part in accounting practices that led to the company’s collapse. His is the latest in a series of cases of corporate corruption that have rocked the business world.