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
Aug 08 International Investors Weigh Options After U.S. Downgrade By Larisa Epatko The latest U.S. economic woes could be wielding a larger impact overseas if it weren't for two things: a lack of foreign investment options for U.S. dollars and the economic problems of other regions of the world, some analysts say. Continue reading
Aug 08 Obama: Economic Problems Stem From a 'Lack of Political Will' In a televised statement Monday, President Obama acknowledged concern over Standard & Poor's downgrading of the United States' credit rating but indicated it was a wake-up call for Washington as much as an economic shift. "After witnessing… Continue reading
Aug 08 Political Checklist: Credit Downgrade Fallout and GOP's Iowa Straw Poll EmbedVideo(1191, 482, 304); Political Editor David Chalian and Judy Woodruff discuss the political fallout from Standard & Poor's decision Friday evening to downgrade the U.S. credit rating and examine which political party stands to lose from the… Continue reading
Aug 08 How to Not Let Mistakes Define You By Paul Solman // We recently reported on the prison initiative of Bard College, a selective school currently running degree programs in five New York prisons. Skeptics of prison reform should take note of one Anthony Cardenales, a former inmate who… Continue reading
Aug 08 How to Not Let Mistakes Define You EmbedVideo(1190, 514, 320); We recently reported on the prison initiative of Bard College, a selective school currently running degree programs in five New York prisons. Skeptics of prison reform should take note of one Anthony Cardenales,… Continue reading
Aug 08 Watch How Not To Let Mistakes Define You Former inmate Anthony Cardenales talks to Bard college students about being successful. Continue watching
Aug 08 World Week Ahead: Reaction to the Credit Downgrade; Afghanistan Helicopter Probe By Larisa Epatko World markets took a tumble Monday after the United States received a credit rating downgrade Friday night, and the investigation continued into the downing of a U.S. military helicopter in Afghanistan over the weekend. Continue reading
Aug 08 Credit Downgrade Becomes Political Football A ticker in Times Square gives the news Friday evening about S&P downgrading the U.S. credit rating. Photo by Andrew Burton/Getty Images. The intensity and scale of the Obama administration pushback against Standard & Poor's downgrading of… Continue reading
Aug 05 S&P Downgrades U.S. Credit Rating From AAA for First Time Hours after U.S. markets closed Friday, credit rating agency Standard & Poor's announced it downgraded the credit rating of the United States for the first time in the ratings' history. S&P said it's cutting the No. 1 economy's top AAA… Continue reading