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
Aug 10 Another Take on a Volatile Market By Paul Solman 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 Chautauqua,… Continue reading
Aug 09 Watch Fed's Rate Freeze Punctuates Day of Wild Market Trading The Federal Reserve announced Tuesday that it expects to keep its key interest rate near zero for the next two years, where it's been since December 2008. Judy Woodruff discusses how the markets reacted to the announcement with Mesirow Financial's… Continue watching
Aug 09 Markets Jittery as Fed Announces Near-Zero Interest Rate Freeze Federal Reserve officials announced they would keep interest rates unchanged after a faltering economic recovery and a U.S. credit-rating cut provoked a rout in global stocks. Photo by Andrew Harrer/Bloomberg via Getty Images. Editor's note: Following a 634-point… Continue reading
Aug 09 Markets Jittery as Fed Announces Near-Zero Interest Rate Freeze Federal Reserve officials announced they would keep interest rates unchanged after a faltering economic recovery and a U.S. credit-rating cut provoked a rout in global stocks. Photo by Andrew Harrer/Bloomberg via Getty Images. Editor's note: Following a 634-point… Continue reading
Aug 09 Global Stocks in Flux, Possible Fed Action Boosts U.S. Markets A trader works on the floor of the New York Stock Exchange. Photo by Andrew Burton/Getty Images. Following on the heels of the Dow's worst day since 2008, global markets remained in flux amid continuing uncertainty over Europe's debt… Continue reading
Aug 08 Watch Krugman: Second Great Depression Unlikely, But a 'Lesser Depression' Is Will Latest Market, Credit Woes Add Up to a 'Global Recession'?… Continue watching
Aug 08 Dow Closes Down 600 Points in Worst Day Since 2008 Photo by Getty Images. Updated 8:16 p.m. ET | Stocks plummeted Monday in their worst showing since 2008, sending the Dow below 11,000 and rattling investor confidence in the latest hit to the U.S. economy. The dive follows Friday's… Continue reading