May 07 Gwen's Take: The Politics of Panic By Gwen Ifill It felt as if everyone was rushing to the ramparts this week. From Times Square to the Gulf Coast to Greece and Wall Street, the world has seemed positively out of breath. Part of the reason, of… Continue reading
May 07 Friday: U.S. Jobless Rate Rises to 9.9%, but Employers Add 290,000 Jobs; Britain Facing a Hung Parliament Employers added 290,000 jobs in April -- the biggest gain in four years -- but the nation's unemployment rate ticked up as thousands of Americans rejoined the labor force. The April gain topped the expectations of most analysts and… Continue reading
May 07 Analysts See Signs of Recovery in Jobs Report By Carolyn O'Hara The U.S. economy added 290,000 jobs in April, a welcome sign that an economic recovery may be taking root. But the unemployment rate also rose to 9.9 percent. Four economists and market watchers make sense of the latest jobs report. Continue reading
May 07 Watch Positive April Job Growth Tempered by Market Uncertainty in Europe Employers added 290,000 jobs last month, marking the biggest hiring increase in four years. Jeffrey Brown talks to two financial experts about the pace of the economic recovery and gets an update from Susie Gharib of PBS's Nightly Business Report… Continue watching
May 06 U.S. Markets Suffer Unexplained Plunge, Regain Ground by Closing U.S. markets plunged Thursday afternoon amid fears over the Greek debt crisis and a possible trading glitch involving shares of Procter & Gamble. The volatile afternoon left market watchers struggling to make sense of the wild… Continue reading
May 06 Thoughts on Thursday's Wild Market Ride By Paul Solman For anyone visiting my Making Sen$e page Thursday to find out why markets are quaking, allow me to repeat the phrase that ought to be the motto for this page, so often have I used it: Credit comes… Continue reading
May 06 Thursday's Wild Market Ride Paul Solman: For anyone visiting the Business Desk today to find out why markets are quaking, allow me to repeat the phrase that ought to be the motto for this page, so often have I used it: Credit comes… Continue reading
May 06 Picasso Price Helps Paint a Prettier Picture for the Art Market By Molly Finnegan This week, the art market continued to show strong signs of recovery as leading auction houses Sotheby's and Christie's held their Impressionist and Modern art sales, setting records and at least tripling the total brought in by the same auctions… Continue reading
May 06 Watch News Wrap: Senate Democrats Reject GOP Financial Reform Amendment In other news Thursday, Senate Democrats rejected a key Republican amendment to the financial reform bill aimed at the Consumer Financial Protection Agency. Also, Nigeria's acting head of government officially became president of Africa's most populous nation following the death… Continue watching
May 06 Watch Krugman: 'Eurozone Has Big, Big Problems' as Greek Debt Crisis Comes to a Head As Greece struggles to repair its debt crisis, Jeffrey Brown gets two points of view from economists Paul Krugman and Robert Barbera about how the financial and social unrest could impact the European Union and its economy. Continue watching