Oct 26 Watch Super Committee Considers Spending Cuts, Tax Hikes as Deadline Looms With its Thanksgiving deadline drawing ever closer, the congressional deficit "super committee" held a rare public hearing Wednesday over its debt negotiations, but there have been few signs of progress in the members' efforts to cut more than $1 trillion… Continue watching
Aug 09 Watch Fed’s Rate Freeze Punctuates Day of Wild Market Trading The Federal Reserve announced Tuesday that it expects to keep its key interest rate near zero for the next two years, where it's been since December 2008. Judy Woodruff discusses how the markets reacted to the announcement with Mesirow Financial's… Continue watching
Aug 05 Watch Latest Jobs News Promising, But Markets Ask: What Will Revive Economy? New job numbers out Friday offered a glimmer of hope after a bad week for the economy ended with another volatile day on Wall Street. Jeffrey Brown discusses what the latest developments could mean for the U.S. economy with Lisa… Continue watching
Aug 04 Watch Bloomberg: Americans Worry That U.S. Is Losing Competitive Edge New York City Mayor Michael Bloomberg reacted to the latest market drop. Continue watching
Aug 04 Watch Market Plunge Startles Investors, But Fed ‘Out of Ammo’ Amid Double-Dip Fears Wall Street finished its worst day since the financial crisis began in 2008 Thursday as the Dow Jones industrial average fell more than 500 points. Judy Woodruff discusses investors' concerns about a possible double-dip recession with Hugh Johnson of Hugh… Continue watching
Aug 03 Watch After Long Debt Battle, Is Current Version of U.S. Government Sustainable? After many months of heated debate, Washington was finally able to compromise on a debt deal to avert a government default this week. Judy Woodruff discusses how the battle over the debt ceiling compares to other politically polarized times with… Continue watching
Aug 03 Watch Tepid Economy at Heart of Global Market Volatility At a cabinet meeting on Wednesday, President Obama said the debt deal had averted "a massive blow" to the economy, but it wound up being another rocky day for global markets. Jeffrey Brown discusses the latest on the markets and… Continue watching
Aug 03 With Debt Deal Done, Markets See Little to Rally About By Paul Solman Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Photo… Continue reading
Aug 02 Watch Raise the Roof: Debt Crisis Averted, But Debate Far From Over The Senate passed a bipartisan agreement to raise the U.S. debt ceiling and cut spending Tuesday. President Obama quickly signed the deal, but it couldn't stop a sell-off on Wall Street. Jeffrey Brown discusses the compromise bill with University of… Continue watching
Aug 01 Watch Amid Debt-Ceiling Drama, Interest Rates Have Hardly Followed the Script On Wall Street, stocks initially rallied Monday on the news of a debt-ceiling deal, but a weak report on manufacturing killed the surge. Economics correspondent Paul Solman reports on the financial world's reactions to the drama over a debt deal… Continue watching