Aug 25 Watch 5:40 What’s driving the global glut of oil By PBS News Hour A year ago, crude oil was trading at more than $100 a barrel. Now, the price of oil is down more than 60 percent from its peak. Gwen Ifill speaks to The Wall Street Journal’s Russell Gold to understand the… Continue watching
Aug 25 Watch 5:29 News Wrap: China’s great economic fall burns investors By PBS News Hour In our news wrap Tuesday, market panic continued for a third day in China, despite an effort by the Central Bank to boost the economy by cutting interest rates. Also, the head of the IAEA promised that its checks of… Continue watching
Aug 25 Is private-sector Medicare becoming a monopoly? By Philip Moeller A new study finds that 97 percent of counties that offer Medicare Advantage health plans had highly concentrated markets. Continue reading
Aug 25 Nobel Laureate Robert Shiller says human nature, not China, explains market volatility By Robert Shiller Was the roller coaster week on Wall Street the bursting of a speculative bubble?… Continue reading
Aug 25 Congressional budget analyst predicts drop in deficit By Alan Fram, Associated Press Congress' official budget analyst projected Tuesday that this year's federal deficit will drop to $426 billion, the lowest shortfall of Barack Obama's presidency. Continue reading
Aug 24 Tumultuous day of trading sends stocks on roller coaster ride By Kristen Doerer After a midday recovery, U.S. stock markets dove once again. At close, the Dow Jones Industrial Average had lost nearly 600 points, and the S&P 500 and the NASDAQ lost roughly 4 percent. Continue reading
Aug 24 Watch 9:18 Why China sent the global markets spiraling By PBS News Hour A stunning sell-off in China rippled across Europe and triggered a frenzy on Wall Street. At the closing bell, American traders cheered, glad that the day was over. Judy Woodruff discusses the recent global market volatility with David Lampton of… Continue watching
Aug 24 John Maynard Keynes on the stock market this past week By Paul Solman Keynes, perhaps the 20th century most eminent economist, had quite the theory about the stock market. Its relevance was too striking to resist. Continue reading
Aug 24 UPDATE: Stock markets down after volatile day of trading By Kristen Doerer Stock markets plummeted this morning, with the Dow Jones Industrial Average falling more than 1,000 points, or 5 percent, at opening, before rebounding and making back most of its gains by noon. As of 12:15 p.m. EDT Monday, the Dow… Continue reading
Aug 22 Photos: Venezuelans contend with food, medicine shortages, as low oil prices cripple economy By Kenzi Abou-Sabe Amid Venezuela's ongoing economic crisis, protests this month in the nation's capital over shortages of medicine and basic supermarket necessities have spotlighted the ripple effect of the falling price of oil, the country's main export. Continue reading