Economy

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

Iraq may sit atop the world's second-largest oil reserves, but the country owes more than $220 billion in Gulf War reparations and foreign debt. Margaret Warner discusses efforts to reduce the Iraqi debt with German diplomat Klaus-Peter Gottwald and Robert…

After weeks of Democratic criticism that Vice President Dick Cheney's former company Halliburton has been overcharging the U.S. military for fuel in Iraq, the Wall Street Journal reported that Pentagon auditors are accusing the company of refusing to relinquish key…

Cost-conscious American companies are increasingly moving high-paying service-sector jobs overseas. Paul Solman reports that this practice, called "outsourcing," has moved many jobs to India.

The Dow Jones Industrial Average closed above 10,000 for the first time since May 2002 based on strong retail sales and indications that federal interest rates won't rise any time soon. Jim Lehrer gets perspective on the market's performance from…

The Labor Department revised its initial estimates and reported that the American economy added 286,000 new jobs between August and October. Despite this good news, 8.8 million people were still unemployed last month. Ray Suarez dissects the latest numbers with…