May 15 Watch Other News: Markets Fall on Auto Dealership Closings In other news, the markets fell on news of auto dealership closings, and consumer prices were unchanged in April. Continue watching
May 05 Reader Response: Robert McElvaine on the Great Depression By Business Desk Comment: The coverage of the Great Depression by Robert McElvaine was so one sided it was unbelievable. [Editor’s note: You can watch the segment below.] Yes, the Great Depression was horrible, millions of people were out of work and… Continue reading
Mar 27 Was Depression-Era Debt as High as It Is Now? Question: When we hear comparisons between today’s economy and that of the Great Depression, I wonder: Had as many people and institutions been as highly leveraged then as now? Were personal and institutional debt as high then as they are… Continue reading
Mar 25 Can the Dow Fall Into Negative Numbers? By Business Desk Question: My high school daughter asked me a question I can’t answer. Can the Dow fall to zero or into negative numbers? Paul Solman: Ah, at last. A question I can definitively answer: ABSOLUTELY… Continue reading
Mar 18 Watch Other News: Biden Urges Wise Use of Stimulus Funds In the day's other news headlines, Wall Street rallied after the Fed announced more funds to stimulate the economy and Vice President Joe Biden warned county and city officials not to squander stimulus funds. Continue watching
Mar 13 Stocks Continue Rally, End Best Week Since Nov. By Admin, PBS News Hour U.S. stock markets added gains Friday after a mixed trading day, continuing their rare four-day rally and ending their best week since November. Continue reading
Mar 12 Watch Other News: U.S. Markets Rally for Third Day In other news, the Dow Jones industrial average gained 200 points as President Obama discussed his budget plans, and General Motors said it won't need an additional $2 billion in federal loans this month. Continue watching
Mar 03 What’s the Significance of the Dow Dropping Below 7,000 Points? By Business Desk Question: What’s the significance of the Dow dropping below 7,000? Paul Solman: Just another number. To the extent that people focus on it, however, it can have the effect of increasing the anxiety over stock prices, and lead to more… Continue reading
Feb 13 Watch Other News: New York Plane Crash Kills 50, Markets Fall on Economic Doubts In Friday's other news, a commuter plane crash killed 50 near Buffalo, New York and the Dow Jones Industrial Average had its lowest finish since last November. Continue watching
Dec 16 Federal Reserve Cuts Key Rate to Record Low By Admin, PBS News Hour The Federal Reserve cut a key interest rate to an all-time low target range of zero to 0.25 percent Tuesday in an effort to fight the deepening recession. Continue reading