Jun 24 Home Prices, Consumer Confidence Take Tumbles By PBS News Hour U.S. home prices extended their record slide in April, with every top metropolitan area now posting annual losses and many showing double-digit declines, according to the Standard & Poor's/Case-Shiller home price index report released Tuesday. Continue reading
Jun 24 Watch Increasing Fuel Costs Raise New Energy Concerns Concerns over high oil prices continue as lawmakers struggle to find production solutions. Two energy consultants discuss the factors behind the ongoing price jumps and analyze the trajectory of fuel costs for the near future. Continue watching
Jun 19 More than 400 Arrested in Mortgage Fraud Sting By Admin, PBS News Hour More than 400 real estate industry workers have been indicted since March in a Justice Department crackdown on incidents of mortgage fraud nationwide -- a key contributing factor to the country's housing crisis. Continue reading
Jun 18 President Urges Congress to Lift Offshore Oil Drilling Ban By PBS News Hour Amid soaring gas prices and increased debate over energy policy, President Bush urged Congress Wednesday to end a 27-year ban on offshore drilling in U.S. coastal waters before its Fourth of July recess. Continue reading
Jun 17 What are the pros and cons for denominating oil worldwide in U.S. dollars? Question/Comment: What are the pros and cons for denominating oil worldwide in U.S. dollars, versus in some other currency or basket of currencies? Paul Solman: For whom? The big pro, from the US point of view, is that… Continue reading
Jun 16 Iowa Residents Wait to Return Home As Flood Waters Move On By PBS News Hour Flood fears eased in Iowa City Monday, as a string of towns in the state's south and east along the Mississippi River prepared for new problems caused by a recent bout of torrential rains and bad weather. Continue reading
Jun 16 Watch Lehman Reports $3 Billion in Losses Due to Bad Mortgage Investments Lehman Brothers chief Richard Fuld took responsibility Monday for a staggering $3 billion in losses in the second quarter, saying the company was too slow to react to the unfolding credit and mortgage crisis. Roben Farzad of BusinessWeek magazine outlines… Continue watching
Jun 13 Inflation Jumps 0.6 Percent in May; Core Rate Remains in Check By Admin, PBS News Hour Inflation shot up at the fastest rate in some six months, the U.S. government reported Friday. The jump in prices was blamed largely on soaring gas and food prices. Continue reading
Jun 11 Watch Annan: World Must Help African Nations Tackle Food Crisis Fuel costs and supply shortages have caused a spike in food prices across Africa -- prompting calls for an agricultural revolution on the continent. Former U.N. chief Kofi Annan discusses efforts to address the crisis. Continue watching
Jun 10 Watch Brazil Seeks to Break New Ground in Global Marketplace As Brazil expands its manufacturing and agricultural industries, it has carved a spot as the largest exporter of coffee, beef, poultry and other food products and as the world leader in ethanol production. Simon Marks continues a series of reports… Continue watching