Jun 26 Watch California Community Hit Hard by Economy’s Fall Residents of a once-prosperous California community are feeling an economic pinch as home foreclosures, the credit crunch, low consumer confidence and high oil prices have hurt the U.S. economy. Continue watching
Jun 13 Inflation Jumps 0.6 Percent in May; Core Rate Remains in Check By Admin, PBS News Hour Inflation shot up at the fastest rate in some six months, the U.S. government reported Friday. The jump in prices was blamed largely on soaring gas and food prices. Continue reading
Jun 09 Watch Fuel Costs, Job Losses Batter U.S. Economy Rising fuel prices and news of massive job losses buffeted an already shaken U.S. economy in the past week. The record energy prices are affecting the cost of everything from baked goods to diapers. Journalists John Authers and Roben Farzad… Continue watching
May 14 Inflation Pressures Ease with Small Rise in CPI By Admin, PBS News Hour The overall Consumer Price Index rose 0.2 percent in April, the Labor Department announced Wednesday, a smaller-than-expected rise despite the highest jump in food prices in 18 years. Continue reading
May 07 The housing market has made a major jump in the last thirty years, why? Question/Comment: Paul, in 1965, my dad bought our house in a suburb of Los Angeles for about $3,000. In 1979, he sold it for about $80,000. Why did the market jump so much in just 14 years? This has been… Continue reading
Apr 30 Watch Fed Cuts Rate Again in Latest Bid to Shore Up Economy 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. Continue watching
Apr 04 Watch 80,000 Jobs Lost in March As Economy Continues To Slow 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. Continue watching
Apr 02 Mugabe’s Party Loses Control of Parliament By PBS News Hour 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. Continue reading
Apr 01 Zimbabwe’s Mugabe May Face Runoff Vote By PBS News Hour 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. Continue reading
Mar 31 Vote Rigging Fears Cloud Zimbabwe Election By PBS News Hour 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. Continue reading