Mar 27 Watch John McCain Addresses the Housing Crisis Following is the text of Sen. John McCain's speech on the U.S. economy and housing crisis delivered on March 25 in Santa Ana, Calif. Continue watching
Mar 27 Watch Clinton Calls for $30B Plan to Halt Foreclosures Following is the text of Sen. Hillary Clinton's economic address delivered Monday, March 24, at the University of Pennsylvania in Philadelphia. Continue watching
Mar 26 Watch Paulson Urges Oversight in Wake of Bear Stearns Bailout Treasury Secretary Henry Paulson said Wednesday that investment banks may require the same government oversight that commercial banks face if they will borrow federal money. Economic analysts weigh the pros and cons of increased federal regulation. Continue watching
Mar 25 Watch Housing Crisis Draws Attention from Candidates Presumptie GOP nominee Sen. John McCain warned Tuesday against hasty government involvement in the U.S. mortgage crisis, while both Democratic candidates have called for increased regulation of lenders. An analysts considers the state of the housing market. Continue watching
Mar 24 Watch JP Morgan Raises Bear Stearns Buyout Bid Amid stockholder discontent, JP Morgan Chase raised its bid to buy investment bank Bear Stearns Monday from $2 a share to $10 a share. A New York Times financial reporter helps explain the buyout. Continue watching
Mar 24 JP Morgan Hikes Offer for Troubled Bear Stearns By PBS News Hour Stock indexes rose in early Monday trading after banking giant JP Morgan Chase & Co. confirmed reports that it had quadrupled its offer for troubled investment bank Bear Stearns Co. Continue reading
Mar 21 Watch Rubin: ‘Complexity, Uncertainty’ Shade Economic Issues Robert Rubin, who served as treasury secretary during the Clinton administration and is currently the chairman of the board of directors at Citigroup, evaluates the state of the U.S. economy and the role of government intervention in recent economic troubles. Continue watching
Mar 18 Watch Fed Cuts Key Interest Rate in Latest Bold Move As fears of a recession intensified, the Federal Reserve cut the federal funds rate 0.75 percent Tuesday. A finance journalist from the Wall Street Journal discusses the rate cut and the markets' response. Continue watching
Mar 18 Federal Reserve Cuts Key Interest Rate By Admin, PBS News Hour The Federal Reserve on Tuesday cut a key interest rate by three-fourths of a percentage point, moving to contain a credit crisis threatening to push the country into a recession. Continue reading
Mar 17 Watch Reaction Is Mixed After Fed’s Efforts to Boost Economy Amid a slumping economy, the Federal Reserve has resorted to some unusual methods to stave off a recession, most notably its role in coordinating the bailout of lending giant Bear Stearns. Economics experts examine the Fed's action and the state… Continue watching