In other news Thursday, the Pope began a visit to Britain with his strongest admission about how the Catholic Church failed to deal decisively with sexual abuse by priests.
In other news Tuesday, an inspector general's report shows that the U.S. Defense Department can't find $9 billion of Iraqi oil money earmarked for rebuilding. Also, the campaign financial bill stalled in the Senate.
BP's stock value sunk Tuesday, following the failure of the "top kill" procedure to halt the oil leak over the weekend. Jim Lehrer talks to an energy consultant and management expert about BP's financial prospects as the crisis drags on.
The Dow Jones fell below 10,000 in trading Tuesday afternoon, as jittery markets reacted to continued economic struggles in the Eurozone and escalating tensions between North and South Korea. Europe's debt crisis continues to worry investors, sending…
This month's stock market "flash crash" of 1,000 points was the subject of Senate hearings, as the federal regulators proposed new rules to prevent further instability. Jeffrey Brown talks to two financial experts for more on the markets.
The European Union and the International Monetary Fund have made progress in securing a rescue package to keep Greece from defaulting on its debt, as citizens protested the stark austerity measures the government is considering. Margaret Warner reports.
In other news, markets rose on Wall Street after positive news from the homebuilding and retail sectors, and billionaire banker Allen Stanford pleaded not guilty to to bilking investors out of their investments.
Question: I’ve been watching the difficulties the government has had propping up the banks — the lack of control, the salaries, the fact that they’re trying to fix entities with a lot of toxicity on their balance sheets. The following…
President Barack Obama and British Prime Minister Gordon Brown on Tuesday hailed the "special relationship" between their countries as the two held talks on how to solve the economic crisis reverberating around the globe.
Question/Comment: In the New York Times recently, it was stated that there has been a drop in consumer prices. Here is NYC I have found that prices have risen. For example, a half gallon…
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