Sep 10 Lehman Plans Asset Sale to Boost Investor Confidence By Admin, PBS News Hour Investment bank Lehman Brothers announced plans Wednesday to sell a majority stake in its investment management business as the company struggles to stay afloat after reporting a record quarterly loss of about $4 billion. Continue reading
Sep 08 Watch Questions Remain After Fannie Mae, Freddie Mac Takeover Most U.S. stocks rose following the federal government takeover of mortgage giants Fannie Mae and Freddie Mac, but questions lingered over the impact on the housing market and the credit crisis. Business reporters and analysts mull the implications of the… Continue watching
Sep 08 Watch Treasury Official Explains Fed's Move to Rescue Housing Firms After a recap of the weekend's news on the government takeover of housing giants Fannie Mae and Freddie Mac, acting Treasury Undersecretary Andrew Ryan details the move. Continue watching
Sep 08 Markets Rise on News of Fannie Mae, Freddie Mac Takeover By Admin, PBS News Hour Global stocks and the dollar jumped Monday on the news that the government seized control of mortgage giants Fannie Mae and Freddie Mac Sunday in a landmark attempt to stabilize the firms and contain the financial crisis caused by the… Continue reading
Sep 05 Watch Presidential Tickets Offer Women Voters More Choices Although female voters had been leaning Democratic so far in this presidential campaign, Gov. Sarah Palin has brought new appeal to the Republican ticket for socially conservative women. Two analysts examine issues that concern women and how these will influence… Continue watching
Sep 05 Unemployment Rate Jumps to Five-Year High By Admin, PBS News Hour The nation's unemployment rate rose to a five-year high of 6.1 percent in August, according to a new Labor Department report, as employers continued to cut jobs in a troubled economy. Continue reading
Sep 03 Watch Shields and Brooks Anticipate Calls for Unity at RNC Before the third night of the Republican convention, columnists Mark Shields and David Brooks discuss what's likely ahead from speakers trying to rally the party. Continue watching
Sep 03 Watch GOP Faces Challenges on Economic Policy, Party Unity As the GOP gears up for general election, the party faces challenges on economic policy and uniting its base around John McCain's White House bid. Analysts Andy Kohut and Amy Walter examine the challenges ahead for the Republicans. Continue watching
Sep 02 Watch GOP Delegates Bring Strong Convictions to Convention At the Republican convention in St. Paul, GOP delegates have been discussing the economic downturn and their support for Sen. John McCain's policies. The NewsHour speaks with delegates from Michigan about their viewpoints and with political experts about the delegates'… Continue watching
Aug 28 Economy Grows Faster Than Predicted in Second Quarter By Admin, PBS News Hour The U.S. economy grew at a faster-than-predicted pace this spring, spurred by growing exports abroad and a tax rebate at home, new figures show. Continue reading