Jun 29 Madoff Sentenced to 150 Years in Prison By Admin, PBS News Hour Financier Bernard Madoff was sentenced Monday to 150 years in prison after pleading guilty in March to bilking investors out of as much as $65 billion over two decades. Continue reading
Jun 29 Watch High Court's Bias Ruling May Reshape Employer Policies The Supreme Court on Monday ruled that a group of white firefighters was unfairly denied promotions because of their race. Analysts examine the impact on future labor policy. Continue watching
Jun 29 Watch Justices Reverse Sotomayor Ruling in Discrimination Case The Supreme Court ruled in a 5-4 decision Monday that white firefighters in Connecticut were unfairly denied promotions because of their race, reversing a decision supported by high court nominee Sonia Sotomayor when she was an appellate judge. Marcia Coyle… Continue watching
Jun 26 Watch Climate Bill, Sanford's Future Top Week's Political News Columnists Mark Shields and David Brooks examine developments in the landmark climate change legislation before Congress, as well as the fallout from S.C. Gov. Mark Sanford's admission to an extramarital affair. Continue watching
Jun 26 Watch Other News: Iran Cleric Pushes Punishment for Protesters In other news, a leading cleric in Iran told worshipers that opposition protesters should be punished "ruthlessly and savagely," and President Obama met in Washington with German Chancellor Angela Merkel. Continue watching
Jun 26 Amid Recession, U.S. Savings Rate Hits Highest Mark Since 1993 By PBS News Hour As the longest recession since World War II drags on, Americans are responding by shying away from spending, opting instead to save money at the fastest pace in 15 years, a new report shows. Continue reading
Jun 26 Iran Reasserts Legitimacy of Vote, Obama Condemns Violence By Admin, PBS News Hour Iran's top electoral body on Friday reasserted its evaluation of the disputed presidential election, calling the contest the "healthiest" since the country's Islamic Revolution in 1979. Continue reading
Jun 25 Watch California Lawmakers Struggle With $24B Budget Gap Spencer Michels reports on California's struggles to address a $24 billion shortfall in the state budget, which lawmakers say puts the state in danger of running out of money. Continue watching
Jun 25 Reporter's Notebook: Is the G-8's Purpose Waning? By PBS News Hour On the cusp of the Group of Eight summit from July 8-10 in L'Aquila, Italy, NewsHour senior producer for foreign affairs Michael D. Mosettig looks into the question of its relevancy in light of larger economic summits. Continue reading
Jun 25 Fed Chief Denies Wrongdoing in BofA Deal By PBS News Hour Federal Reserve Chairman Ben Bernanke testified before a House committee Thursday, facing questions on the Fed's role in pushing Bank of America to acquire the struggling Merrill Lynch during the height of the Wall Street meltdown. Continue reading