Apr 30 Federal Reserve Trims Key Interest Rate By Admin, PBS News Hour In a smaller move than in past months, the Federal Reserve cut a key interest rate by a quarter percentage point Wednesday in what could be the last in a line of reductions aimed at boosting an economy hit hard… Continue reading
Feb 20 Inflation Grew in Jan., Led by Food, Health Costs By PBS News Hour Inflation jumped by a bigger-than-expected amount in January, with large increases in the cost of food and health care, the government reported Wednesday. Continue reading
Jan 28 New Home Sales Drop by Record Amount By PBS News Hour New home sales plummeted last year by the largest amount on record while home prices fell sharply in December. Analysts foresee more trouble this year as the housing market tries to emerge from its worst slump in 20 years. Continue reading
Nov 02 Watch Mixed Reports Emerge on U.S. Economy A panel of economic analysts disusses recent reports on the nation's economy and unemployment, which paint a mixed picture about the country's financial health. Continue watching
Nov 29 Kellogg CEO Nominated to Head Commerce Department Calling him "one of America's most respected business leaders," President Bush on Monday nominated Carlos Gutierrez, the Cuban-born chairman and CEO of cereal giant Kellogg, to serve as the secretary of Commerce. Continue reading