Jul 25 After Faltering for Months, Global Free Trade Talks Suspended By PBS News Hour After several months of acrimonious debate and failed negotiations, international trade representatives officially suspended the Doha round of free trade talks, marking a major setback to efforts to reduce trade barriers throughout the globe. Continue reading
Jul 21 Watch Oil Market Focuses Attention on Mideast Conflict The NewsHour's economics correspondent Paul Solman reports on how the Middle East crisis is affecting the price of oil in other countries. Continue watching
Jul 11 Watch Economists Divided over Impact of Improved Deficit Numbers President Bush said larger than expected tax revenue has cut the federal deficit, validating his tax cuts. Former Labor Secretary Robert Reich and Wall Street Journal writer Stephen Moore debate what the new numbers mean for the health of the… Continue watching
Jul 05 Convicted Enron Founder Kenneth Lay Dies at 64 By PBS News Hour Enron founder Kenneth Lay, who was awaiting sentencing after being convicted in one of the most high profile business fraud trials in history, died Wednesday at the age of 64. Continue reading
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