Economy

Follow PBS NewsHour’s complete coverage of the Economy, Wall Street and other financial stories.

The Chinese government said Thursday it is moving to a more flexible exchange system that ties its currency, the yuan, to a marketbasket of currencies rather than linking it at a fixed rate to the U.S. dollar. Experts assess the…

Former Qwest Communications chief financial officer Robin Szeliga pleaded guilty to insider trading Thursday, the latest in a long string of business leaders, including WorldCom CEO Bernard Ebbers, to be successfully prosecuted. Experts discuss the affect of corporate crime cases…

After MasterCard International announced that a security breach at CardSystems Solutions Inc., a third-party payment processor, exposed more than 40 million cardholders to potential fraud, CardSystems Solutions admitted it improperly kept consumers' data in its system.

A jury found former Tyco International executives Dennis Kozlowski and Mark Swartz guilty of fraud and grand larceny for stealing $150 million from the company and making $430 million more by manipulating stock prices.