Economy

  • May 24, 2004  

    The author of "The Presumed Alliance: The Unspoken Conflict Between Latinos and Blacks and What It Means for America," examines the economic, social and political realities that create tension between these two groups. Continue reading

  • May 24, 2004  

    Oregon voters have not approved a hike of the state income tax in 75 years, but with fewer people on payrolls, local schools are feeling the squeeze from decreased state revenue. Lee Hochberg looks at tax and spend politics in Oregon. Continue reading

  • May 14, 2004  

    Syndicated columnist Mark Shields and New York Times columnist David Brooks discuss Defense Secretary Donald Rumsfeld’s visit to Iraq, the Iraqi prisoner abuse scandal and its impact on the presidential election. Continue reading

  • May 14, 2004  

    The Federal Reserve reported gains in industrial output in April, but the consumer-price core index, a lead indicator of inflation, also rose. Correspondent Paul Solman speaks with economists Nick Perna and Paul Samuelson about the Federal Reserve’s role in managing interest rates and inflation. Continue reading

  • May 14, 2004  

    Oil prices reached their highest level in 21 years, as Americans are paying more for gasoline than at any other time. Margaret Warner discusses energy prices with Yasser Elguindi, director of oil and energy at Medley Global Advisors, and Robert Lieber, professor of government and foreign service at Georgetown University. Continue reading

  • May 10, 2004   BY  

    Financial services giant Citigroup Inc. agreed to pay $2.65 billion Monday to settle class-action lawsuits brought by investors who bought WorldCom Inc. securities before the telecommunications firm filed for bankruptcy. Continue reading

  • May 6, 2004   BY  

    Despite the current low interest rates, America’s rising federal budget deficits are a major obstacle to long-term U.S. economic stability, Federal Reserve Chairman Alan Greenspan warned Thursday. Continue reading

  • May 4, 2004  

    American motorists are paying an average of $1.84 for a gallon for regular gasoline, the highest rate in history. Elizabeth Brackett looks at how high fuel prices are affecting Chicago. Continue reading

  • May 4, 2004  

    A New York jury convicted former Credit Suisse First Boston banker Frank Quattrone of obstructing a 2000 government investigation into how initial public offerings were allocated. Ray Suarez discusses the case and its outcome with New York Times business reporter Andrew Ross Sorkin and former federal prosecutor Zachary Carter. Continue reading

  • April 30, 2004  

    Google, the Web search engine so popular its name became a verb, announced an Initial Public Offering and said it would sell its stock through an innovative Internet auction. Spencer Michels looks at this latest move. Ray Suarez follows up with Charlene Li, a technology and media marketing analyst for Forrester Research. Continue reading