Jun 18 WTO Rules Against American Cotton Subsidies, U.S. Vows Appeal The World Trade Organization ruled Friday that U.S. subsidies to cotton farmers are unfair to producers in Brazil, but the United States said it will appeal the decision. Continue reading
Jun 15 Watch Eye on Inflation At the Senate Banking Committee hearing to approve Federal Reserve Chairman Alan Greenspan for a fifth term, senators also sought to confirm whether a recent rise in retail inflation would lead the Fed to increase interest rates. Ray Suarez discusses… Continue watching
Jun 10 Watch United Airlines’ Struggle After years of labor struggles, United Airlines says it is on track to avoid bankruptcy this summer. Elizabeth Brackett looks at United's turbulent flight back to friendly skies. Continue watching
Jun 10 Watch Reagan’s Economic Legacy In the more than 15 years since the late President Ronald Reagan left office, experts have continued to debate the merits of his policies. His economic agenda -- known as Reaganomics -- was characterized by tax cuts, deficit spending and… Continue watching
Jun 04 Watch Taxes at the Top Business correspondent Paul Solman reports on legal tax shelters and the backlash against them. Continue watching
Jun 04 Watch Jobs U.S. employers added nearly a quarter of a million jobs in the month of May, the ninth straight month of growth, while the unemployment rate held steady at 5.6 percent. Correspondent Jeffrey Brown looks at the current job picture and… Continue watching
May 14 Watch Price Surge: High Oil Prices Oil prices reached their highest level in 21 years, as Americans are paying more for gasoline than at any other time. Margaret Warner discusses energy prices with Yasser Elguindi, director of oil and energy at Medley Global Advisors, and Robert… Continue watching
May 14 Watch Interest Rates on the Rise? The Federal Reserve reported gains in industrial output in April, but the consumer-price core index, a lead indicator of inflation, also rose. Correspondent Paul Solman speaks with economists Nick Perna and Paul Samuelson about the Federal Reserve's role in managing… Continue watching
May 10 Citigroup to Pay $2.65 Billion to Settle Worldcom Suits By PBS News Hour Financial services giant Citigroup Inc. agreed to pay $2.65 billion Monday to settle class-action lawsuits brought by investors who bought WorldCom Inc. securities before the telecommunications firm filed for bankruptcy. Continue reading
May 06 Greenspan Warns High Budget Deficits May Hurt Economy By PBS News Hour Despite the current low interest rates, America's rising federal budget deficits are a major obstacle to long-term U.S. economic stability, Federal Reserve Chairman Alan Greenspan warned Thursday. Continue reading