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In his ongoing series of reports making sense of economic news, Paul Solman examines the struggles of companies to gain enough credit to stay afloat as lending remains tight.
In the latest in a series of reports making sense of the economy, NewsHour economics correspondent Paul Solman examines the ongoing foreclosure crisis.
Despite recent improvements in the economy, the Federal Reserve will keep interest rates near zero, chairman Ben Bernanke told lawmakers Tuesday. Greg Ip of "The Economist" examines the chairman's testimony with Gwen Ifill, and discusses the central bank's plans to…
As expected, the Federal Reserve slashed a key interest rate Wednesday afternoon by half a percentage point as it seeks to revive an economy hit by a long list of maladies stemming from the most severe financial crisis in decades.
By Admin, PBS NewsHour
By PBS NewsHour
U.S stocks tumbled for a seventh straight session Thursday as investors bet recent worldwide efforts to thaw frozen credit markets would not be enough to avert a global recession.
As the Senate votes on a modified version of the $700 billion bailout package that the House rejected, political and economic experts assess the measure's likely path and how it will affect financial markets abroad.
Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, while construction of homes and apartments fell to the lowest level in more than 17 years, the government reported Tuesday.
Residents of a once-prosperous California community are feeling an economic pinch as home foreclosures, the credit crunch, low consumer confidence and high oil prices have hurt the U.S. economy.
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…
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