World Jan 04 News Wrap: Fed seeks to reassure markets on interest rates In our Friday news wrap, the chairman of the Federal Reserve sought to ease Wall Street’s concerns over future interest rate hikes. Speaking at a forum in Atlanta, Jerome Powell said the Fed is “listening” closely to the market. Also,…
Economy Jan 04 December job creation, wage growth provide a burst of good economic news More than 300,000 jobs were created in December, doubling what was expected and signaling that the U.S. economy remains stable despite the recent market volatility and political tensions. In addition, wage growth was the highest it’s been in a decade.
Politics Jan 04 Held up by the shutdown: Aid to farmers, IPO filings, trash collection at national parks Effects of the federal government's partial shutdown are rippling across the country. With USDA offices closed, farmers can't apply for loans or the federal aid President Trump pledged to offset losses from the trade war with China. IPO filings are…
Politics Jan 04 Shields and Brooks on government shutdown, new Congress Syndicated columnist Mark Shields and New York Times columnist David Brooks analyze the week in politics, including the continued government shutdown, why the new Congress is more “representative” of the American people and how the parties might evolve.
Episode Jan 03 January 3, 2019 - PBS NewsHour full episode Thursday on the NewsHour, the new Congress takes office amid a parade of political pageantry and posturing. Also: Global economic uncertainty causes market volatility, China lands a probe on the far side of the moon, an American is detained in…
Politics Jan 03 An 'extraordinary' day in Washington as shutdown looms over new Congress On the first day of the new Congress and 13th of the partial government shutdown, political posturing distracted from progress on policy. Newly elected Speaker of the House Nancy Pelosi, D-Calif., promised bipartisanship, while President Trump reiterated his belief that…
World Jan 03 News Wrap: Slowing iPhone sales in China drive stock market plunge In our news wrap Thursday, Apple's announcement of slowing iPhone sales in China caused a meltdown on Wall Street. The Dow Jones dropped more than 600 points and the NASDAQ lost 200 amid concerns over trade tensions and a potential…
Economy Jan 03 Why a 'veil of uncertainty' is causing global market volatility Global markets dropped after Apple CEO Tim Cook announced unforeseen sales declines for iPhones in China. Why is the Chinese economy so important to American business, and what's at the root of global market volatility? Diane Swonk, chief economist with…
Science Jan 03 What China hopes to gain from unprecedented lunar mission China has become the first country to land a probe on the far side of the moon, in territory previously untouched. The move signals China’s intent to broaden space exploration for purposes of both military achievement and scientific discovery. Miles…
Nation Jan 03 Former CIA officer says Whelan doesn't fit the profile of U.S. intelligence Russia has detained Paul Whelan, a former U.S. Marine, on charges of espionage. Whelan's family says he was traveling for a wedding. The arrest comes weeks after accused Russian agent Maria Butina agreed to cooperate with U.S. prosecutors. John Sipher,…