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The Federal Reserve cut a key interest rate by a quarter point Wednesday, bringing the federal funds rate down to its lowest level since late 2004. The move is intended to help address the ongoing housing slump and credit crunch.
The economy continued its slump in March, sloughing off 80,000 jobs. An economic consultant assesses the latest set of job numbers and what it indicates about the health of the U.S. economy.
By PBS NewsHour
President Robert Mugabe faced an uncertain future for the first time in his 28-year rule of Zimbabwe, after the opposition claimed victory in last weekend's presidential race and his ruling party lost control of parliament, official results show.
Opposition leader Morgan Tsvangirai will beat President Robert Mugabe in Zimbabwe's closely-watched election, but be forced into a runoff vote in three weeks, according to a ruling party projection.
As officials began to release election results Monday, showing a split between Zimbabwe's ruling party and the opposition, accusations of President Robert Mugabe's government rigging returns to hide a loss threatened to throw the country into chaos.
In recent weeks, economic turmoil and the role of race in politics have emerged as top national issues. In the second part of the NewsHour's Big Picture discussion, a group of citizens share their views on the economy and reflect…
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.
As the value of the dollar falls, the price of imported oil rises, which impacts costs from the gas pump to the grocery store. A reporter from the Wall Street Journal examines the current state of oil prices.
As the value of the dollar has fallen, the U.S. economy has had to adjust in a multitude of areas. While some sectors have benefitted from cheaper U.S. exports, others have felt the pinch of inflation. Paul Solman examines the…
Sens. Barack Obama, D-Ill., Hillary Clinton, D-N.Y., and John McCain, R-Ariz., made appeals Thursday to Texas and Ohio voters before their March 4 primary contests. Talk on the stump focused on health care, economy and Iraq war policy. Kwame Holman…
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