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…
New York City Mayor Michael Bloomberg reacted to the latest market drop.
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…

By Paul Solman
A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me…
Aug 04

By Paul Solman
A trader bows his head on the floor of the New York Stock Exchange after the closing bell Thursday; photo by Mario Tama/Getty Images. Just back from lunch, at which Brandeis classicists Ann Olga Koloski-Ostrow and Cheryl Walker schooled me…
In other news Friday, the Dow Jones industrial average shook off disappointing jobs numbers and gained more than 19 points. The NASDAQ rose 12 points, with both indices closing the week up more than 2 percent. Also, an announcement came…
Federal Reserve Chairman Ben Bernanke said the Central Bank is getting involved in the recent foreclosure mess caused by faulty paperwork. In Mexico, 10 people were killed at a rehab center in Tijuana in another bloody episode of drug violence.
Stocks were mixed on Wall Street on the retail news and signals from the Fed that it would do more to boost the economy.
According to the head of Afghanistan's new peace council, the Taliban is ready to take part in serious peace negotiations. But the council's chairman warned the process won't happen over night.
In other news Thursday, it was widely reported that White House Chief of Staff Rahm Emanuel will step down to run for mayor of Chicago. White House spokesman Robert Gibbs would not confirm the move but praised his contributions.
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