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
May 04 Watch Pain at the Pump American motorists are paying an average of $1.84 for a gallon for regular gasoline, the highest rate in history. Elizabeth Brackett looks at how high fuel prices are affecting Chicago. Continue watching
Apr 30 Watch Going Public Google, the Web search engine so popular its name became a verb, announced an Initial Public Offering and said it would sell its stock through an innovative Internet auction. Spencer Michels looks at this latest move. Ray Suarez follows up… Continue watching
Apr 29 Watch Economic Picture The Commerce Department reported today that American gross domestic product grew by an annual percentage rate of 4.2 in the first quarter of this year. Ray Suarez gets regional perspectives. Continue watching
Apr 28 Comcast Withdraws Unsolicited Disney Bid Comcast Corp., the nation's largest cable operator, withdrew its unsolicited multibillion-dollar offer to buy Walt Disney Co. Wednesday after the entertainment conglomerate refused to discuss a possible deal. Continue reading
Apr 27 WTO Rules Against U.S. Cotton Subsidies The World Trade Organization handed Brazil a key victory Monday when the international body ruled against the United States and its subsidies to cotton farmers. Continue reading
Apr 23 U.S. Eases Economic Embargo on Libya President Bush cleared the way for U.S. companies to do business with Libya by easing Reagan-era economic sanctions Friday after the North African nation gave up its weapons of mass destruction programs last year. Continue reading
Apr 22 Watch Going Public? From Silicon Valley to Wall Street, the buzz is that Internet search engine Google is soon to issue stock and go public. Spencer Michels reports. Continue watching