In other news, the Labor Department reported more than 6 million Americans are now on jobless benefits and at least 78 people died in two separate suicide bombings in Iraq.
In other news, markets rose following Treasury Secretary Timothy Geithner's statement that the majority of banks are well-capitalized, a Somali teenager appeared in U.S. federal court on charges he helped hijack a U.S. ship, and President Obama left open the…
By PBS NewsHour
In other news, Oracle bought the troubled Sun Microsystems company for $7.4 billion and a suicide bomber killed 3 Iraqi civilians and injured 8 U.S. soldiers in Iraq.
Question: Why don’t we let the yuan trade like other currencies? Even now, the yuan has an 20 percent or higher edge on other currencies because of the existing rules. Paul Solman: Now, now, Maya, as my dad used to…
By PBS NewsHour
New home starts fell more than 10 percent in March, according to new government numbers released Thursday, while foreclosures surged 24 percent in the first quarter of the year.
In the day's other news, markets fell on news of poor retail sales in March, and Somali pirates attacked four more ships in the Gulf of Aden since the rescue of a U.S. sea captain Sunday.
In other news, five U.S. soldiers died in a suicide bombing in Mosul, Iraq, and clashes between U.S. forces and the Taliban in Afghanistan left 27 insurgents dead.
In other news, the death toll from Monday's earthquake in central Italy continued to rise and a bomb near a sacred Baghdad shrine killed at least seven people and wounded 20.
In other news, a federal judge dismissed former Alaska Sen. Ted Stevens' corruption conviction and Vermont's state legislature voted to override the governor's veto of a bill allowing same-sex marriages.
Question: As the Dow continues to fall, I keep wondering where the money is going. Obviously, money is being pulled out of the stock market, even though we all are still buying and using products, and companies are still functioning.
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