Aug 12 Wealth: How Does the U.S. Slice the Pie? continued Editor’s Note | Aug. 17, 2011: The middle pie represents the income distribution of Sweden. For more, see ‘Building a Better America–One Wealth Quintile at a Time‘ by Dan Ariely and Michael I. Norton. The correct answer was ‘Freedonia’… Continue reading
Aug 12 Wealth: How Does the U.S. Slice the Pie? Photo by flickr user sciondriver. Update: Watch Land of the Free, Home of the Poor and Americans Facing More Inequality, More Debt and Now More Trouble? to see the first two parts of Paul Solman's ongoing… Continue reading
Aug 11 Watch Uncertainty, Computerized Trading Fuel Wall Street’s Wild Ride American markets once again dramatically reversed course Thursday with the Dow Jones industrial average gaining more than 400 points. Judy Woodruff discusses what's behind the latest wild day for Wall Street with Catherine Mann of Brandeis University and Andrew Ross… Continue watching
Aug 11 Guide to the Super Committee The Joint Select Committee on Deficit Reduction -- otherwise known as the "super committee" -- is charged with putting a plan forward to cut at least $1.5 trillion from the U.S. deficit. Republican and Democratic congressional leaders… Continue reading
Aug 11 How Bad Is the Current Stock Crash? Traders work on the floor of the New York Stock Exchange on Thursday. Photo by Jin Lee/Bloomberg via Getty Images Editor's Note: Given the rollercoaster behavior of the stock market over the past few weeks, we checked… Continue reading
Aug 11 How Bad Is the Current Stock Crash? Traders work on the floor of the New York Stock Exchange on Thursday. Photo by Jin Lee/Bloomberg via Getty Images Editor's Note: Given the rollercoaster behavior of the stock market over the past few weeks, we checked… Continue reading
Aug 11 European Stocks Dip Over French Bank Concerns By News Desk A rollercoaster week for the global stock market showed no signs of stabilizing on Thursday, as European stocks showed a downward trend on concerns over French banks and continued sovereign debt crises on the continent. The bad news from… Continue reading
Aug 10 Watch Romer: Obama Should Push for Bold 2-Part Stimulus to Lift Economy The Dow Jones industrial average dropped by triple digits for the fourth time in just over a week, as market volatility reached near-record levels. Judy Woodruff discusses what's causing the market jitters and what could be done to calm them… Continue watching
Aug 10 Dow Closes Down 520 Points, Reverses Tuesday Gains The rollercoaster stock market took another downward turn Wednesday, with the Dow closing down 520 points, wiping out Tuesday's recovery from a 600-point dip on Monday. The bad news comes after a Tuesday announcement by the Federal… Continue reading
Aug 10 Another Take on a Volatile Market Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Sorry I didn't post Tuesday, amidst all the turmoil. I was giving a speech at… Continue reading