Question/Comment: Please explain the long-term decline of the dollar and predict the long-term implications of this trend. As an aside, you are a great reporter. You present complicated economic issues in an intelligent and understandable manner. I always perk up…
The Dow Jones Industrial dropped 416 points today, the worst plunge since September 2001, after the Chinese market fell 9 percent. Jim Lehrer talks with an economics professor about the worldwide decline in stock prices.
In the third installment in a series of conversations about the impact of globalization, author P.J. O'Rourke discusses the role of the teachings of Adam Smith in today's economy.
The U.S. Mint released into circulation millions of gold-covered dollar coins bearing the likeness of George Washington Thursday. U.S. Mint Director Edmund Moy discusses the decision to introduce the coin, after previous attempts to do so were unsuccessful.
By PBS NewsHour
The Chinese government said Thursday it is moving to a more flexible exchange system that ties its currency, the yuan, to a marketbasket of currencies rather than linking it at a fixed rate to the U.S. dollar.
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