May 03 Unemployment Rate Jumps to Six Percent Unemployment rose to 6 percent in April, the highest since August 1994, as the U.S. workforce still appears to be feeling the effects of last year's recession. Continue reading
May 03 Watch Crunching the Numbers With the unemployment rate reaching the highest level in eight years and the stock market sluggish, is the economy still on the road to recovery? Two experts assess. Continue watching
May 01 Watch Boom and Bust Ray Suarez looks into the rise and fall of WorldCom, once a major player in the telecommunications industry, with Blair Levin, telecommunications analyst at Legg Mason and former chief of staff at the FCC; and Anna-Maria Kovacs, a telecommunications analyst… Continue watching
Apr 26 Watch End of the Recesssion? Does a sudden jump in the growth of the U.S. economy mean an end to the recession? Three economists assess the prospects for a continued recovery. Continue watching
Apr 25 Accounting Reform Bill Passes House; Faces Senate Challenge By a 334-90 vote, the House approved Republican-backed legislation aimed at overhauling both the accounting industry and the corporate audit system in the wake of Enron's sudden collapse. Continue reading
Apr 19 Andersen, Government Settlement Talks Collapse Negotiations to settle criminal charges of obstruction of justice against accounting firm Arthur Andersen unexpectedly collapsed Thursday, possibly paving the way for a trial next month. Continue reading
Apr 19 Watch Company in Crisis Negotiations to settle criminal charges of obstruction of justice against accounting firm Arthur Andersen unexpectedly collapsed this week. Ray Suarez discusses the details with New York Times reporter Kurt Eichenwald. Continue watching
Apr 18 Watch Tax Wars Kwame Holman covers the congressional debate over extending the Bush administration's tax cuts. Continue watching
Apr 11 Watch Pension Reform The House passes a Republican-sponsored bill to reform private pension plans after thousands of employees lost their savings in the Enron collapse. Continue watching
Apr 09 Former Arthur Andersen Accountant Pleads Guilty David Duncan, the former Arthur Andersen auditor who oversaw the Enron account, pleaded guilty to one count of obstruction of justice for his efforts to destroy documents related to his work for the energy giant. Continue reading