Economy

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

The Congressional Budget Office released a report today that said the federal budget deficit is expected to climb to $477 billion this year and rise as high as $2.4 trillion over the next ten years. Margaret Warner crunches these numbers…

Former Enron Chief Financial Officer Andrew Fastow pleaded guilty to two counts of conspiracy Wednesday in connection with the collapse of that energy company in 2001. Jim Lehrer discusses the case with New York Times correspondent Kurt Eichenwald and former…

An Italian journalist discusses the investigation into the collapse of Italian food conglomerate Parmalat, which is facing an investigation into whether its founder Calisto Tanzi invented paper assets, funneled money to family companies and used extensive fraud to disguise growing…

The winter shopping season was merry for upscale stores but disappointing for discount retailers like Wal-Mart. Jeffrey Brown explores the trends behind the statistics with online retail analyst Patti Freeman and Evans Kurt Barnard of Barnard's Retail Trend Report.

The South American nation of Bolivia is known for its stunning elevations and sunken standard of living. Ray Suarez reports on the economic situation in that developing nation, where two thirds of the population live on fewer than two U.S.