U.S. home prices extended their record slide in April, with every top metropolitan area now posting annual losses and many showing double-digit declines, according to the Standard & Poor's/Case-Shiller home price index report released Tuesday.
Lehman Brothers chief Richard Fuld took responsibility Monday for a staggering $3 billion in losses in the second quarter, saying the company was too slow to react to the unfolding credit and mortgage crisis. Roben Farzad of BusinessWeek magazine outlines…
Following is the text of Sen. Hillary Clinton's economic address delivered Monday, March 24, at the University of Pennsylvania in Philadelphia.
President Bush played down the possibility of recession Thursday, while Fed Chairman Ben Bernanke explained to Congress the difficulties of balancing rising inflation with a slowing economy. Two senators debate proposals to aid the economy, including a supplemental stimulus package…
Harvard recently announced cuts in tuition for middle- and upper-income students. Analysts Richard Kahlenberg and Scott Jaschik discuss the recent trend in making college more affordable.
Two weeks after Paul Wolfowitz resigned as president of the World Bank, President Bush nominated former U.S. trade representative Robert Zoellick to lead the organization. An economics professor and a journalist discuss the challenges facing the bank's next president.
Judy Woodruff and the Generation Next team criss-crossed the country last summer to gauge and document the views of 16-25 year olds. NewsHour presents excerpts from the documentary.
Louisiana Governor Kathleen Blanco announced a plan to provide interest-free loans and $100 million of federal funds in grant money for small businesses in New Orleans. The NewsHour reports on the struggle for survival as the city rebuilds after Hurricane…
Muhammad Yunus of Bangladesh and the Grameen Bank were jointly awarded the 2006 Nobel Peace Prize for their pioneering work developing micro-credit lending schemes for the poor. An expert discusses microfinance schemes.
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