Economy

  • April 2, 2004   BY  

    The judge in the grand larceny case against two former Tyco International Ltd. executives declared a mistrial Friday, citing outside pressure on a holdout juror. Continue reading

  • April 2, 2004  

    The Labor Department reported Friday that employers added 308,000 new jobs in nearly all major categories last month, causing the fastest rate of U.S. job creation since April 2000. Two economics experts take a closer look at the numbers and discuss what they may indicate for future job growth. Continue reading

  • March 31, 2004   BY  

    The world’s leading oil producing nations announced Wednesday that they would cut production by four percent, a move that is expected to drive up the price of gasoline and fuel the political battle over U.S. energy policy. Continue reading

  • March 31, 2004  

    OPEC announced a 4 percent cut in production, a move that is expected to drive up U.S. prices for gasoline. Oil industry experts discuss how OPEC’s decision will impact the U.S. economy and world markets. Continue reading

  • March 29, 2004  

    A New York judge rejected a defense motion for mistrial today in the corporate corruption case of former Tyco executives Dennis Kozlowski and Mark Swartz. Gwen Ifill discusses the case and continuing deliberations with New York Times business reporter Andrew Ross Sorkin. Continue reading

  • March 26, 2004   BY  

    A federal judge in Houston sentenced Jamie Olis, a former senior director of tax planning at Dynegy Inc., to 24 years in prison for his role in a $300 million fraudulent accounting scheme at the Houston-based natural gas and power company. Continue reading

  • March 26, 2004  

    Recent campaign finance reforms have made it harder for political parties to spend soft money. Margaret Warner looks at the political committees called 527s, which have become popular conduits for campaign cash. Continue reading

  • March 24, 2004   BY  

    European antitrust regulators imposed a record $613 million fine on Microsoft Wednesday and ordered the software giant to offer two versions of its Windows operating system in Europe. Continue reading

  • March 16, 2004   BY  

    Bank of America and FleetBoston Financial said Monday they reached a record $675 million settlement to resolve charges they helped favored clients trade mutual funds improperly at the expense of ordinary investors. Continue reading

  • March 12, 2004  

    This week, the national average for a gallon of unleaded gas climbed to $1.73, forcing many drivers to shell out $20, $30, or more to fill up. Ray Suarez discusses why prices at the pump continue to climb with Severin Borenstein, director of the University of California Energy Institute. Continue reading