Oct 22 Foreclosure Rates for 3rd Quarter Up 70% From Last Year By Admin, PBS News Hour New data released Thursday show the number of homeowners caught in the foreclosure crisis grew by more than 70 percent in the third quarter compared with the same period last year. Continue reading
Oct 22 Watch New AIG CEO Discusses Company Spending, Troubles Government-appointed AIG CEO Edward Liddy discusses how the financial sector shake-up led to insurer AIG's problems and what measures he intends to take in order to return to successful business strategy. Continue watching
Oct 22 Watch Global Recession Fears Send Markets Tumbling Stock markets fell Wednesday on news of weak corporate earnings and continued fears of a global recession. Economic analysts and reporters discuss the market's fall and the worldwide impact of the financial crisis. Continue watching
Oct 21 Watch Top Theorists Examine Rippling Economic Turbulence As the financial sector shifts, so does the reach of the jolt to economic structures around the world. Economist Nassim Nicholas Taleb and his mentor, mathematician Benoit Mandelbrot, speak with Paul Solman about chain reactions and predicting the financial crisis. Continue watching
Oct 21 Watch Attempts to Ease Credit Crunch Reveal Mixed Results Several plans have been enacted in recent weeks to loosen the flow of credit and ease the financial crisis. An expert panel evaluates the efforts and the state of the credit sector. Continue watching
Oct 21 Pakistan Looks to Raise Billions in Foreign Loans By Admin, PBS News Hour Pakistan must raise between $10 billion to $15 billion over the next few weeks in order to keep making debt payments and pay for imports, the country's new economic affairs adviser Shaukat Tarin has said. Continue reading
Oct 20 Watch Fed Chairman Signals Support for New Stimulus Package Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan. Continue watching
Oct 17 President Bush Stands by Government Action; Housing Starts Fall in September By Admin, PBS News Hour President Bush sought to reassure Americans that moves taken by the federal government would be bold enough to ease the financial crisis even as new reports showed further declines in the housing market. Continue reading
Oct 16 Watch Candidates Step Up Campaigning After Final Debate With the last presidential debate behind them, Sens. John McCain and Barack Obama and their running mates continued campaigning in several battleground states, focusing on the differences in their plans for the economy. Kwame Holman reports on the latest from… Continue watching
Oct 15 Watch Contention Permeates Final McCain, Obama Debate The two candidates for the presidency engaged on the economy, health care, abortion and other issues in Wednesday night's third and final debate before the election. Political analysts and historians discuss whether either senator emerged victorious. Continue watching