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 15 Watch Auto Dealership Closings Reverberate Across Economy General Motors and Chrysler announced the closings of hundreds of dealerships in an effort to bring the companies back from the brink of bankruptcy. Analysts examine the impact of the moves. Continue watching
May 14 Watch Senate Moves Closer to Reining in Credit Card Companies The Senate neared approval Thursday of a bill to rein in credit card companies, which could mean new rules will be in place by early next year. Ray Suarez reports. Continue watching
May 13 EU Levels $1.45B Fine on Intel for Sales Tactics By Admin, PBS News Hour The European Union leveled a record $1.45 billion fine on the Intel Corporation Wednesday for using illegal sale tactics to shut out its competition in the computer chip business after an eight-year antitrust probe. Continue reading
May 12 Social Security, Medicare Weakened by Recession By Admin, PBS News Hour The financial health of Social Security and Medicare, the government's two biggest benefit programs, has eroded amid the deep economic recession, according to reports released Tuesday. Continue reading
May 08 Watch Geithner Weighs Pace of Job Losses, Defends Stress Tests Treasury Secretary Timothy Geithner defends the stringency of the banking stress tests and offers insight on the pace of U.S. job losses as unemployment reaches 8.9 percent. Continue watching
May 08 Watch U.S. Unemployment Climbs to 8.9% Kwame Holman reports on the latest unemployment numbers and how the White House plans to aid the jobless. Continue watching
May 07 Watch ‘Stress Tests’ Put Credibility of Banks, Regulators Back in Spotlight On the day the government released better-than-expected stress test results for 19 major banks, a panel of economic analysts explain how the numbers were calculated and gauge the report's impact on the nation's financial health. Continue watching
May 07 Watch Government ‘Stress Tests’ Find Big Banks Need $75 Billion The U.S. Treasury released stress tests of 19 major banks, finding that they collectively need another $75 billion by November. A financial reporter explains the results. Continue watching
May 06 Watch H1N1 Flu Virus Death Toll Reaches 42 in Mexico In the latest of a series of reports from Mexico City, Ray Suarez provides an update on how the H1N1 flu virus is affecting the city as the death toll climbed to 42. Continue watching