Economy

The jobless rate remained steady in September and U.S. payrolls grew for the first time in eight months. Regional economists discuss what the latest job numbers may mean for the U.S. economy.

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Jeffrey Kaye of KCET Los Angeles reports on the economic strain behind the California recall election.

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Paul Solman of WGBH Boston reports on the current financial crisis in the pension system, and how future retirees are affected.

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Betty Ann Bowser reports on the plight of textile workers in North Carolina, who were laid off following the closure of a local mill.

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Ford, GM and Chrysler reached tentative contract deals with the United Auto Workers this week. Industry experts discuss how the labor negotiations will impact the future of America's auto industry.

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Elizabeth Brackett of WTTW Chicago takes a look at the Chicago Housing Authority halfway through its 10-year redevelopment project.

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Richard Grasso, CEO of the New York Stock Exchange, resigned. Ray Suarez gets perspective from John Coffee, director of the Center on Corporate Governance at Columbia University Law School, and Gretchen Morgenson of The New York Times.

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Three former Merrill Lynch executives surrendered to federal authorities in Houston Wednesday to face criminal charges involving a 1999 transaction that enabled Enron Corp. to deceive its investors and artificially inflate its earnings reports.

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New York Stock Exchange Chairman and CEO Richard Grasso has come under fire for accepting a $140 million compensation package. Ray Suarez leads a discussion about Grasso's pay.

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After five days of bitter debate over agriculture subsidies, World Trade Organization talks collapsed, on Sunday when developing countries refused to expand the scope of negotiations to include new regulations on foreign investment and competition.

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