Economy Sep 10 Lehman Plans Asset Sale to Boost Investor Confidence Investment bank Lehman Brothers announced plans Wednesday to sell a majority stake in its investment management business as the company struggles to stay afloat after reporting a record quarterly loss of about $4 billion. By Admin, PBS News Hour
Economy 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.