Feb 02 Dow falls 666 points, capping worst week on Wall Street in 2 years By Michael Rios Investors said the drop was partly due to fears of rising inflation, which could lead to an increase in interest rates in the coming months. Continue reading
Feb 02 Watch 12:27 Yellen sees long-term growth as she leaves the Federal Reserve, despite bad day for the Dow By Murrey Jacobson Outgoing Federal Reserve Chair Janet Yellen has seen economic growth and the longest job expansion on record on her watch. She sits down with Judy Woodruff on her final day in office in a rare interview to share her overall… Continue watching
Feb 02 9 takeaways from the January jobs report By Daniel Bush The economy added 200,000 jobs last month, according to new data released Friday. Continue reading
Feb 02 Could Bill Belichick’s grasp of economics be the key to the Patriots’ success? By Paul Solman The summer after the New England Patriots won their first Super Bowl, I visited their training camp for a PBS NewsHour story on their — and the NFL’s — success, from the point of view of economics. Continue reading
Feb 01 Watch 8:34 Can finance cure cancer? By Paul Solman How do you drive investors to spend money on cutting-edge cancer treatments? One idea, according to economist Andrew Lo, is to sell securities in a megafund of research projects. Economics correspondent Paul Solman explores how financial engineering could be the… Continue watching
Feb 01 How income inequality can make or break presidential elections By James K. Galbraith The relationship between political sentiment and measured economic inequalities is so important to understand, even though at first glance it's counter-intuitive. Continue reading
Jan 31 Will my Social Security benefit increase if my startup business takes off? By Philip Moeller If you can afford to suspend your benefits and forego this income, they could be substantially higher by the time you turn 70. Continue reading
Jan 26 Treasury Secretary Mnuchin’s weak-dollar myopia is dangerous By Benjamin J. Cohen for The Conversation U.S. Treasury Secretary Steven Mnuchin endorsed the weakening of the dollar as “good” for the United States this week, breaking with long-standing tradition. Continue reading
Jan 26 3 Democratic governors to sue federal government over GOP tax plan By David Klepper, Associated Press Andrew Cuomo of New York, Dannel Malloy of Connecticut and Phil Murphy of New Jersey announced Friday that they’re talking to leaders of other states that stand to be hurt by the federal tax plan that’s expected to cost taxpayers… Continue reading
Jan 25 Watch 3:07 Trump pushes economic agenda, woos foreign investment at Davos By PBS News Hour Arriving at the World Economic Forum in Davos, Switzerland, President Trump aimed to project the image of a serious global leader, discussing possible trade deals with British Prime Minister Theresa May and seemingly delivering an ultimatum to the Palestinians while… Continue watching