On the heels of this weekend's G-20 summit of world leaders to assess the economic crisis, Margaret Warner reports from London on how the financial turmoil has impacted Great Britain -- where the upheaval has hit especially hard.
Question/Comment: Given the history of the ever increasing U.S. national debt and our fluctuating economy, how realistic is it that we will ever pay down or even pay off the national debt? We have never managed to maintain the necessary…
By Admin, PBS NewsHour
In a new effort to shore up confidence in the economy and inject life into frozen credit markets, the U.S. Treasury will inject $250 billion into several large banks.
Paul Solman: This afternoon’s question comes from the steward of The Business Desk who wrote, moments ago: “I don’t know how you feel about this, but I thought maybe you could do another response to the day? The market just…
The markets have endured a wild ride in recent weeks, increasing anxieties over the solvency of retirement savings accounts. The director of the Congressional Budget Office discusses how the financial crisis may impact retirement accounts.
Question/Comment: Are there any banks or investment houses not involved in risky practices? I would like to deal with a financial institution that has integrity. Where can I find it? Paul Solman: No, banks and investment banks are in an…
It was a devastating week on Wall Street and a contentious one in Congress as politicians battled over bailout proposals. With the presidential candidates heading to the first debate, political analysts Mark Shields and David Brooks reflect on the developments.
Insurer American International Group, Inc. faced possible collapse until the federal government decided to offer it an $85 billion lifeline Wednesday. After a look at the latest troubles on Wall Street, financial reporters detail the government bailout.
After a frantic weekend on Wall Street, Lehman Brothers filed for bankruptcy and Bank of America moved to buy Merill Lynch -- all of which sent the Dow Jones industrial average plunging on Monday. Reporters from the New York Times…
Guest essayist Scott McMillion of the Bozeman Daily Chronicle and the Montana Quarterly reflects on voting in Montana.
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