Feb 08 Dow drops more than 1,000 points as stocks continue to slide By Associated Press The market opened little changed on Thursday but started to fall in early trading and extended its losses throughout the morning. Continue reading
Feb 07 Rising health costs and economic inequality may threaten your retirement By Philip Moeller Comparing out-of-pocket health spending with Social Security benefits represents a real-world affordability index for millions of retirees. Continue reading
Feb 06 Watch 5:13 Before this week’s roller-coaster trading, the stock market was ‘unusually calm’ By PBS News Hour Global markets have been on a roller coaster ride for the past three days. The Dow Jones Industrial Average plunged more than 500 points Tuesday morning, but ended up more than 500 points. John Yang learns more from Neil Irwin… Continue watching
Feb 05 Watch 6:16 Monday’s market volatility reflects the new economic reality. Here’s how By PBS News Hour The sell-off that hit Wall Street on Friday whipsawed the market again on Monday. In one furious, 15-minute stretch, the Dow dropped and recouped 700 points. What made markets plunge? John Yang gets analysis from Gillian Tett of the Financial… Continue watching
Feb 05 Analysis: 5 reasons the market is crashing, and 2 caveats By Paul Solman How low could the markets go? After the Crash of '29, the S&P index bottomed out in March of 1933 at around six. In other words, the S&P dropped by more than 80 percent. (The Dow actually fell by almost… Continue reading
Feb 05 Dow plunges more than 1,000 points Monday after major drop last week By Daniel Bush The Dow dropped by as many as 1,500 points, before rebounding to close the day down nearly 1,200 points. Continue reading
Feb 05 The era of trillion-dollar budget deficits is making a comeback By Andrew Taylor, Associated Press A brewing budget deal would give whopping increases to both the Pentagon and domestic programs as lawmakers inch closer to an agreement. The final tally could total close to $400 billion. Continue reading
Feb 04 Watch 9:13 White House, some progressives have common ground on NAFTA clause By Melanie Saltzman, Christopher Booker In less than eight weeks, ongoing talks over the North American Free Trade Agreement are set to expire. The White House has found common ground with some progressives over the Investor State Dispute Settlement, a NAFTA clause that allows foreign… Continue watching
Feb 03 Watch 10:11 Dairy trade sours NAFTA negotiations with Canada By Christopher Booker, Melanie Saltzman As the U.S., Canada and Mexico renegotiate the North American Free Trade Agreement, the dairy industry has become a major point of contention. The U.S. wants Canada to get rid of high taxes on dairy imports, but dairy farmers in… Continue watching
Feb 02 Watch 2:49 What does Friday’s sweeping sell-off mean for Wall Street? By PBS News Hour Stocks plunged on Friday over fears that the Federal Reserve will accelerate interest rate hikes. The sell-off was driven by news that the economy added a net of 200,000 jobs in January, with wages rising at the fastest pace in… Continue watching