Jun 06 Watch Dow Continues Dive After Fed Chief Expresses Inflation Concerns Federal Reserve Chairman Ben Bernanke this week expressed concerns over core inflation and noted a slowing economy, cooling housing market, and lower consumer spending, leading investors to expect another interest rate hike. Continue watching
May 23 Watch The Mortgage Giant Fannie Mae Accused of Deception and Mismanagement The mortgage giant Fannie Mae received a $400 million dollar fine and a scathing report on its "unethical corporate culture."… Continue watching
May 05 Watch U.S. Labor Department Reports Job Growth Slowed The U.S. Labor Department reported Friday that the growth of new jobs slowed last month. However, other indicators in the last few weeks suggest that the economy has been steadily improving. Continue watching
May 01 Watch Remembering J.K. Galbraith Harvard economist and behind-the-scenes presidential adviser John Kenneth Galbraith died Saturday at age 97. NewsHour Economics Correspondent Paul Solman talks with biographer Richard Parker and reviews an earlier interview he had with Galbraith. Continue watching
Oct 14 Massive Recovery Effort Raises Cost Concerns By Admin, PBS News Hour The devastation left by hurricanes Katrina and Rita on the Gulf Coast will require the largest recovery and rebuilding effort ever undertaken by the United States. Continue reading
Nov 25 Economic Growth Rate Climbs in Third Quarter By Admin The economy grew at an impressive 8.2 percent rate in the third quarter, largely credited to an increase in corporate spending on new equipment and software. Continue reading
Nov 26 Economy Shows Growth, Consumer Confidence Up By Admin The U.S. economy grew by a higher-than-expected 4 percent annual rate last quarter and consumer confidence ended its five-month slide, according to new numbers released on Tuesday. Continue reading
Nov 01 U.S. Economy Remains Vulnerable, New Reports Show By Admin Reports released Friday showing unemployment up slightly, a contraction in manufacturing and a cut in consumer spending continued to feed worries about an increasingly shaky U.S. economy. Continue reading
Aug 29 Economic Growth Slowed in Spring By Admin The U.S. economy grew slower this spring, despite its brisk expansion earlier this year, the Commerce Department reported Thursday. Continue reading