Jun 14 Watch Increase in Consumer Prices Raises Fears of Inflation A Labor Department report released Wednesday shows an increase in consumer prices due to significant raises in energy and gas costs, prompting concerns that the Federal Reserve will again raise interest rates to fight inflation. Continue watching
Jun 06 Watch Higher Interest Rates Are Forcing Housing Foreclosures across the Country Foreclosure rates are increasing as many homeowners struggle to make their mortgage payments on time. Continue watching
Jun 06 Watch Dow Continues Dive After Fed Chief Expresses Inflation Concerns Federal Reserve Chairman Ben Bernanke this week expressed concerns over core inflation and noted a slowing economy, cooling housing market, and lower consumer spending, leading investors to expect another interest rate hike. Continue watching
May 30 Watch President Bush Taps Goldman Sachs Chief for Treasury Secretary President Bush nominated Goldman Sachs Chairman Henry Paulson to serve as the secretary of treasury, marking the first time the president has turned to Wall Street for a key position. Analysts consider what the selection may say about the president's… Continue watching
May 23 Watch The Mortgage Giant Fannie Mae Accused of Deception and Mismanagement The mortgage giant Fannie Mae received a $400 million dollar fine and a scathing report on its "unethical corporate culture."… Continue watching
May 15 Watch Chinese Investment Sparks Economic Boom in Sudan With a 40 percent stake in Sudan's oil industry, China has become Sudan's largest investor, financing part of a major economic boom and in exchange exporting one-third of the resource-rich African nation's oil output. Margaret Warner reports from Khartoum about… Continue watching
May 10 Watch Federal Reserve Hikes Key Interest Rate to 5 Percent In an effort to curb the growing rate of inflation, the Federal Reserve raised a key short-term rate to a five-year high of 5 percent and warned that future interest rate increases may be needed. Economics correspondent Paul Solman discusses… Continue watching
May 05 Watch U.S. Labor Department Reports Job Growth Slowed The U.S. Labor Department reported Friday that the growth of new jobs slowed last month. However, other indicators in the last few weeks suggest that the economy has been steadily improving. Continue watching
May 03 Watch ConocoPhillips CEO Defends Oil Company Profits Oil prices have risen nearly 50 percent in the last year raising questions about oil company profits and who benefits from higher prices at the pump. ConocoPhillips CEO James Mulva discusses his company's revenues and reinvesting in energy production. Continue watching
May 03 Louis Rukeyser, Longtime Wall Street Week Host, Dies at 73 By PBS News Hour Louis Rukeyser, for years a fixture on Friday nights as the host of the PBS series "Wall $treet Week," died Tuesday at his home in Connecticut after a battle with a rare bone marrow cancer. Continue reading