Oct 29 Watch Alternative Minimum Tax Faces Chance of Repeal in Tax Code Overhaul Rep. Charlie Rangel, D-N.Y., has proposed a plan to eliminate the alternative minimum tax, designed in 1969 to ensure wealthy Americans paid their fair share of taxes but which was never indexed for inflation. Rangel and Rep. James McCrery, R-La.,… Continue watching
Sep 19 Watch Zimbabwe’s High Inflation Takes Toll on Population Zimbabwe government programs and private businesses are suffering from a severe increase in the country's inflation. Independent Television News reports on the effects on the population. Continue watching
Sep 18 Watch Federal Reserve Cuts Interest Rates The Federal Reserve cut interest rates by half a point Tuesday, causing major gains in the stock market. Financial analysts discuss the move and what it means for the U.S. economy. Continue watching
Aug 17 Watch Federal Reserve Cuts Discount Rate to Steady Market Acknowledging a period of increased economic risk that could restrain growth, the Federal Reserve on Friday cut the discount rate at which it makes loans to banks. An economic consultant and a business journalist explain the move. Continue watching
Dec 27 Watch President Ford Led Nation After Watergate, Vietnam Former President Ford, who died at his California home Tuesday, led the nation after the Watergate affair and the end of the Vietnam war. The NewsHour presents a report on his life. Continue watching
Oct 18 Watch Dow Jones Surpassed 12,000 as Inflation Eases and Consumer Prices Fall The Dow Jones Industrial Average surpassed 12,000, for the first time Wednesday. While the peak was only brief, it indicated that inflation and consumer prices were falling. A finance professor discusses the significance of this milestone. Continue watching
Jun 27 Watch Zimbabwe Struggles with Political Instability An excerpt from Frontline World reports on the troubled nation of Zimbabwe. Continue watching
Jun 14 Watch Increase in Consumer Prices Raises Fears of Inflation A Labor Department report released Wednesday shows an increase in consumer prices due to significant raises in energy and gas costs, prompting concerns that the Federal Reserve will again raise interest rates to fight inflation. Continue watching
Jun 06 Watch Dow Continues Dive After Fed Chief Expresses Inflation Concerns Federal Reserve Chairman Ben Bernanke this week expressed concerns over core inflation and noted a slowing economy, cooling housing market, and lower consumer spending, leading investors to expect another interest rate hike. Continue watching
May 10 Watch Federal Reserve Hikes Key Interest Rate to 5 Percent In an effort to curb the growing rate of inflation, the Federal Reserve raised a key short-term rate to a five-year high of 5 percent and warned that future interest rate increases may be needed. Economics correspondent Paul Solman discusses… Continue watching