Economy

  • December 21, 2005   BY  

    The Bush administration and GOP allies in the Senate on Wednesday successfully passed a bill they said would trim federal deficits by $39.7 billion over five years. Continue reading

  • December 20, 2005   BY  

    New York City’s transit union workers went on strike in the pre-dawn hours Tuesday, causing thousands of New Yorkers to find a different means of getting to work. Continue reading

  • December 20, 2005  

    Evo Morales was elected president of Bolivia Sunday. He has vowed to reverse a campaign financed by the U.S. to wipe out coca growing and to improve economic conditions in the poor country. Following a background report, two experts discuss Morales’ victory and the rise of populist leaders in Latin America. Continue reading

  • December 15, 2005  

    On Thursday, the White House asked for another $1.5 billion to rebuild New Orleans’ levee system, roughly doubling the federal commitment. Following a background report, Donald Powell, the federal coordinator for Gulf Coast recovery, explains how the added funds will be used to strengthen the levee system. Continue reading

  • December 15, 2005  

    As rapid advances in technology occur, some experts say globalization has created a new, border-free world that gives more power to individuals and also allows for illicit trafficking. Two authors discuss globalization, and the resulting new world economy. Continue reading

  • December 14, 2005  

    Wal-Mart, the world’s largest retailer, rolled out a campaign to combat negative publicity and restore confidence in the chain’s heavily criticized business practices. Continue reading

  • December 14, 2005  

    The chief executive of the American Red Cross resigned amid criticism of the charity’s disaster relief efforts, including its response to Hurricane Katrina. After a background report, a public service professor discusses the problems facing the Red Cross. Continue reading

  • December 9, 2005    

    Trade representatives from 149 nations will converge in Hong Kong at the World Trade Organization’s ministerial meeting in an attempt to revive the Doha Development Agenda to lower trade barriers in farm and manufacturing goods and services. Continue reading

  • November 29, 2005  

    An expert discusses a Commerce Department report about the housing market, which was released Tuesday. Continue reading

  • November 28, 2005   BY  

    In an effort to recover from major financial losses sustained by controversy over its bestselling painkiller Vioxx, drugmaker Merck & Co. announced it would cut 7,000 jobs over the next three years and close five of its manufacturing plants. Continue reading