Economy

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

Former Enron chief accounting officer Richard Causey pleaded guilty Wednesday to a security fraud charge. A reporter discusses the plea deal and how this development will affect the upcoming Enron trial.

A report examines the tensions of hiring day laborers that may be illegal immigrants with a focus on Herndon, a city in Northern Virginia that just opened a city-funded day laborer site.

As rapid advances in technology occur, some experts say globalization has created a new, border-free world that gives more power to individuals and also allows for illicit trafficking. Two authors discuss globalization, and the resulting new world economy.

In an effort to recover from major financial losses sustained by controversy over its bestselling painkiller Vioxx, drugmaker Merck & Co. announced it would cut 7,000 jobs over the next three years and close five of its manufacturing plants.

As the holiday shopping season opens, financial experts look at the factors that could impact the economy in the near term, including U.S. job growth and rising natural gas prices.