Aug 12 Rural Post Offices on Shaky Ground More than 3,500 post offices are being evaluated for potential closure. Photo by AFP/Getty. If you blink, you might miss it. That's how the Postmaster in Parshall, Colo., Grant Burger, described his town recently. In fact, photographer Brian Gill… Continue reading
Aug 12 Wealth Quiz: How Does the U.S. Slice the Pie? By Paul Solman Update: Watch Land of the Free, Home of the Poor and Americans Facing More Inequality, More Debt and Now More Trouble? to see the first two parts of Paul Solman’s ongoing series of reports on U.S. economic inequality. Continue reading
Aug 11 Watch Uncertainty, Computerized Trading Fuel Wall Street’s Wild Ride American markets once again dramatically reversed course Thursday with the Dow Jones industrial average gaining more than 400 points. Judy Woodruff discusses what's behind the latest wild day for Wall Street with Catherine Mann of Brandeis University and Andrew Ross… Continue watching
Aug 10 Watch Romer: Obama Should Push for Bold 2-Part Stimulus to Lift Economy The Dow Jones industrial average dropped by triple digits for the fourth time in just over a week, as market volatility reached near-record levels. Judy Woodruff discusses what's causing the market jitters and what could be done to calm them… Continue watching
Aug 10 Dow Closes Down 520 Points, Reverses Tuesday Gains The rollercoaster stock market took another downward turn Wednesday, with the Dow closing down 520 points, wiping out Tuesday's recovery from a 600-point dip on Monday. The bad news comes after a Tuesday announcement by the Federal… Continue reading
Aug 10 Another Take on a Volatile Market By Paul Solman Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Sorry I didn't post Tuesday, amidst all the turmoil. I was giving a speech at Chautauqua,… Continue reading
Aug 08 Watch Krugman: Second Great Depression Unlikely, But a ‘Lesser Depression’ Is Will Latest Market, Credit Woes Add Up to a 'Global Recession'?… Continue watching
Aug 08 Dow Closes Down 600 Points in Worst Day Since 2008 Photo by Getty Images. Updated 8:16 p.m. ET | Stocks plummeted Monday in their worst showing since 2008, sending the Dow below 11,000 and rattling investor confidence in the latest hit to the U.S. economy. The dive follows Friday's… Continue reading
Aug 08 Watch Political Checklist: Credit Downgrade Fallout and the GOP in Iowa David Chalian and Judy Woodruff discuss the political fallout from the S&P downgrade… 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