One year after the Down Jones industrial average peaked above 14,000 points, it closed Friday below 8,500 amid a global financial slump. Economic analysts and reporters give insight on the latest Wall Street woes.
Question/Comment: Is this true?: The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system. (Milton Friedman) Paul Solman: Could be. But the…
Question/Comment: Having grown up around workers and plant managers in western New York, and knowing the vibrant history there, one factor stands out as fundamental to our current economic problems today: the massive loss of production jobs…
In the wake of the subprime mortgage crash and the bailout of a prominent U.S. investment firm, Treasury Secretary Henry Paulson on Monday outlined an administration proposal for increasing the regulation of financial institutions and markets. A Treasury official and…
Question/Comment: Can you give any positive commentary to help reassure small investors that there is a reasonable chance to expect integrity when dealing with Wall Street? Paul Solman: More than in the past, say? I don’t see why. Here’s an…
Osama bin Laden addressed the American people in a new al-Qaida video that was broadcast on Al-Jazeera television Friday. Security analysts assess what it says about bin Laden's status and what it could mean for the United States.
By Admin, PBS NewsHour
Former Russian President Boris Yeltsin, who helped steer the final collapse of the Soviet Union and the creation of the Russian Federation, died Monday of heart failure at the Central Clinical Hospital in Moscow. He was 76.
As more U.S. jobs are shipped overseas, Americans grow worried over job security and worker rights. Authors Thomas Friedman and Sen. Byron Dorgan, D-N.D., discuss opposing views on the globalization of the economy and its both beneficial and harmful effects.
By PBS NewsHour
Paul Solman reports from Cuba on the growing role of capitalism in the country's socialist system.
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