Jul 04 Watch High Pension Costs Hurt Business In an excerpt from a Frontline report, Hedrick Smith examines the problems that maintaining traditional pensions is having on middle-class Americans. Continue watching
Jun 23 Watch The Jobless Recovery By PBS News Hour Paul Solman looks at the recession's effect on the changing world of manufacturing, where heavy losses have left many machinists with few options. Continue watching
Jun 21 Watch Bill to Raise Minimum Wage Fails in Senate In a 52-46 vote, the Senate rejected a Democrat-proposed bill to increase the minimum wage from $5.15 to $7.25 an hour over two years, marking the ninth time since 1997 that legislation to raise the limit has been defeated. Continue watching
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