May 19 WorldCom Agrees to $500 Million Settlement in Fraud Case Embattled long distance giant WorldCom agreed Monday to pay a $500 million fine to settle investors' fraud claims. Continue reading
May 16 Senate Approves $350 Billion Tax Cut The United States Senate narrowly approved a $350 billion tax cut late Thursday. Continue reading
May 16 FCC Chairman Denies Requests to Postpone Vote Federal Communications Commission Chairman Michael Powell on Thursday said he would proceed with the June 2 vote to revise media ownership restrictions, declining a request by two commissioners for a one-month delay. Continue reading
May 16 Watch Taxes and Tactics The U.S. Senate voted 51 to 49 last night to cut taxes by a net of $350 billion. Kwame Holman reports on the legislation. Continue watching
May 14 Watch The Debate Over Tax Cuts From the White House to Capitol Hill, lawmakers are debating whether a large tax cut is the best way to stimulate the U.S. economy. Experts discuss the tax cut debate and its potential effects on job growth and the budget… Continue watching
May 12 Watch Selling Tax Cuts Kwame Holman reports on President Bush's tax cut road show. Continue watching
May 09 House Passes $550 Billion Tax Cut Plan The U.S. House passed a $550 billion version of President Bush's tax cut Friday, but the measure has undergone modifications in the Senate where a smaller tax cut bill is expected to emerge next week. Continue reading
May 08 Watch Tough Times: California’s Budget Spencer Michels reports on efforts in California to fight the state's budget deficit problem. The report is the first in a series examining how states are dealing with record budget shortfalls. Continue watching
May 01 Nine Former Enron Executives Face New Criminal Charges Federal prosecutors announced new charges against nine former Enron executives, including former Chief Financial Officer Andrew Fastow and his wife, as the government expands its investigation into the collapse of the Houston-based energy company. Continue reading
Apr 29 Watch Chairman of the Securities and Exchange Commission: William Donaldson After months of investigations, Wall Street regulators announced a settlement with ten of the nation's largest securities firms. Ray Suarez discusses the agreement with William Donaldson, chairman of the Securities and Exchange Commission. Continue watching