Oct 20 Stocks Rise on Signs of Credit Thaw, News of Global Summit By PBS News Hour U.S. stocks rose Monday following word from President Bush, French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso over the weekend that they plan to hold a series of summits on the global financial crisis. Continue reading
Oct 17 President Bush Stands by Government Action; Housing Starts Fall in September By Admin, PBS News Hour President Bush sought to reassure Americans that moves taken by the federal government would be bold enough to ease the financial crisis even as new reports showed further declines in the housing market. Continue reading
Oct 17 Watch Economic Crisis Takes Toll on Pursuit of American Dream NewsHour Essayist Richard Rodriguez reflects on the impact of the global financial meltdown on the value of wealth in the U.S. and how greed and envy devalued the American dream. Continue watching
Oct 16 Watch U.S. Stocks Up, But Unease Ripples Across Global Markets Although U.S. stocks surged in the final moments, stocks in Europe and Asia dropped Thursday as fears of a worldwide recession grow. Journalists and an economics analyst discuss. Continue watching
Oct 15 European Leaders Call for Summit to Overal Global Financial System By Admin, PBS News Hour As the world's industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system. Continue reading
Oct 15 A response to viewer questions and comments on my segment about Los Alamos, N.M. I received many responses on my segment on Los Alamos, N.M. the other night. I wanted to respond to some of them. No names are used because the emailers wrote to the NewsHour, not this page. There were several… Continue reading
Oct 15 Watch Amid Financial Crisis, WaMu Collapse Hits Hard in Seattle The banking crisis has been hitting all parts of the American economy, including the local banking sector of Seattle, where Washington Mutual went from a solid industry to a nonexistent entity. Lee Hochberg reports. Continue watching
Oct 15 Watch After Brief Euphoria in Markets, Investors Sell Amid Weak Sales, Rising Prices Following a brief upswing in world markets this week, investors and analysts see growing signs of a global recession in weak earnings and troubling manufacturing figures. Economists discuss the ongoing problems and the forces driving them. Continue watching
Oct 15 If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans significantly worse off? Question/Comment: Would you please clarify something for me that I am struggling to understand? If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans, or any other nationality, significantly worse off? If, relatively speaking,… Continue reading
Oct 15 U.S. Markets Plummet, Global Indicators Slide Amid Recession Fears By PBS News Hour After a two-day rally, U.S. stock prices plunged Wednesday as investors worldwide expressed concerns the global efforts to inject liquidity and restore confidence to the battered financial system may not be enough to stave off a widespread recession. Continue reading