Jan 29 Watch 5:04 News Wrap: Trump signs USMCA in ceremony that excludes top Democrats In our news wrap Wednesday, President Trump has signed the USMCA, the new North American trade agreement among the U.S., Canada and Mexico. At a White House ceremony that excluded top Democrats, Trump declared the deal will bolster growth and… Continue watching
Jul 19 Watch 5:02 News Wrap: Trump criticizes Federal Reserve over interest rate increases In our news wrap Thursday, President Trump suggested in an interview that the current Federal Reserve policy of gradual rate increases is not helping the economy, but said that he’s “letting them do what they feel is best.” Also, more… Continue watching
Sep 17 Fed Chair Janet Yellen on not raising rates By News Desk In a much anticipated announcement Thursday, the Federal Reserve said it would leave interest rates unchanged. Watch Fed Chair Janet Yellen's press conference on the announcement, scheduled for 2:30 p.m. EDT Thursday, on pbs.org/newshour. Continue reading
Sep 13 Watch 3:19 What effect would an interest rate hike have on U.S. wallets? By PBS News Hour If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences… Continue watching
Sep 17 Is the Federal Reserve printing a free lunch? By Terry Burnham The Federal Reserve is nearing the final drawdown of its quantitative easing program, which, in several ways, has helped reduce the budget deficit. But has that really been such a free lunch, asks economist Terry Burnham?… Continue reading
Oct 28 Watch Global Markets Soar on Likely Fed Interest Rate Cut After a steady slump in world trading, global markets surged Tuesday after expectations of a likely Federal Reserve interest rate cut and the Treasury's move to inject capital boosted investors' confidence. A Business Week editor probes the reasons behind the… Continue watching
Oct 06 Watch Bailout Fails to Stem Credit Fears in Financial Markets Despite the approval of a sweeping $700 billion bailout bill on Capitol Hill, the downward march of the financial sector continued Monday as major world and U.S. markets plummeted. Continue watching
Aug 05 Fed Opts to Leave Key Interest Rate Unchanged By Admin, PBS News Hour The Federal Reserve decided Tuesday for a second consecutive meeting to keep a key interest rate at 2 percent, saying that overall the economy is doing well despite inflationary fears. Continue reading
Jul 16 Watch Consumer Price Index Report Adds to Economic Woes Rising consumer prices are raising Americans' cost of living, adding to economic woes, according to a new economic report. Analysts discuss the recent report and what it means for American consumers. Continue watching
Jun 24 Watch Increasing Fuel Costs Raise New Energy Concerns Concerns over high oil prices continue as lawmakers struggle to find production solutions. Two energy consultants discuss the factors behind the ongoing price jumps and analyze the trajectory of fuel costs for the near future. Continue watching