Aug 05 Obama Can Tout Improved Jobless Rate, but the Race Will Be Won in 2012 President Obama will speak about the economy Friday. Photo by Alex Wong/Getty Images. There's only one story worth watching in American politics today and it's the story that will likely determine the outcome of the 2012 presidential election. Continue reading
Aug 05 Jobless Rate Dips to 9.1%; Rebels Say Gadhafi’s Son Killed in Airstrike A day after the worst stock-market sell-off since the 2008 financial crisis, the Labor Department reported Friday that hiring increased in July and the unemployment rate dipped to 9.1 percent. Employers added 117,000 jobs in July, an improvement from the… Continue reading
Aug 04 Bloomberg: Americans Worry That U.S. Is Losing Competitive Edge On Thursday's NewsHour, Jeffrey Brown interviews New York City Mayor Michael Bloomberg about his new plan to tackle the disadvantages facing young black and Latino men in schooling and jobs. Brown also asked Bloomberg about Thursday's market sell-off… Continue reading
Aug 04 Watch Bloomberg: Americans Worry That U.S. Is Losing Competitive Edge New York City Mayor Michael Bloomberg reacted to the latest market drop. Continue watching
Aug 04 Watch Market Plunge Startles Investors, But Fed ‘Out of Ammo’ Amid Double-Dip Fears Wall Street finished its worst day since the financial crisis began in 2008 Thursday as the Dow Jones industrial average fell more than 500 points. Judy Woodruff discusses investors' concerns about a possible double-dip recession with Hugh Johnson of Hugh… Continue watching
Aug 04 On Dow’s Worst Day Since 2008, Running for Cover By Paul Solman A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me… Continue reading
Aug 04 On Dow’s Worst Day Since ’08, Running for Cover By Paul Solman A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me… Continue reading
Aug 03 Watch Tepid Economy at Heart of Global Market Volatility At a cabinet meeting on Wednesday, President Obama said the debt deal had averted "a massive blow" to the economy, but it wound up being another rocky day for global markets. Jeffrey Brown discusses the latest on the markets and… Continue watching
Aug 03 After the Debt Deal, Where’s the Market Rally? Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Continue reading
Aug 03 With Debt Deal Done, Markets See Little to Rally About By Paul Solman Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Photo… Continue reading