Aug 27 Watch 3:49 News Wrap: Islamic State suicide bomb kills 2 Iraqi generals By PBS News Hour In our news wrap Thursday, an Islamic State militant killed two Iraqi generals and three soldiers in a suicide bombing. Also, stocks in China rebounded after a six-day slump triggered by concerns over the health of the Chinese economy. Continue watching
Aug 27 3 ways China’s economic slowdown will affect your finances By Vikram Mansharamani Global financial markets are bouncing around like a Mexican jumping bean, driven in large part by China’s popping stock market bubble. And while it’s fun to talk about China’s equity boom and bust, the real story to focus on has… Continue reading
Aug 26 Watch 7:39 Is China in the midst of major economic transformation? By PBS News Hour How should we interpret China’s market turmoil? Judy Woodruff talks to Nicholas Lardy of the Peterson Institute for International Economics and Evan Osnos of The New Yorker. Continue watching
Aug 26 Watch 1:46 China’s boom years lead to financial crisis By PBS News Hour The Shanghai stock market has lost a quarter of its value in five days and the Chinese government has tried throwing everything it can at the problem. Paul Mason of Independent Television News reports. Continue watching
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 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 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 18 Pentagon to increase drone flights by 50 percent By Lolita C. Baldor, Associated Press JOINT BASE LANGLEY-EUSTIS, Va. — Faced with escalating aggression from Russia and China, the Pentagon is planning to increase its use of drones by about 50 percent over the next several years. Continue reading