Question/Comment: What are the pros and cons for denominating oil worldwide in U.S. dollars, versus in some other currency or basket of currencies? Paul Solman: For whom? The big pro, from the US point of view, is that…
By PBS NewsHour
Flood fears eased in Iowa City Monday, as a string of towns in the state's south and east along the Mississippi River prepared for new problems caused by a recent bout of torrential rains and bad weather.
Question/Comment: I always hear about the Chinese keeping their currency at an artificial rate to help exports, but I know from trying to hold a lid on a boiling pot that the pressure is going to come out somewhere. If…
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.
Despite a concerted effort between Iraqi forces and the expanded U.S. military presence to quell attacks in Baghdad, violence has continued in the Iraqi capital. New York Times reporter Marc Santora details the weekend's car bombings and attacks on U.S.
By PBS NewsHour
Louis Rukeyser, for years a fixture on Friday nights as the host of the PBS series "Wall $treet Week," died Tuesday at his home in Connecticut after a battle with a rare bone marrow cancer.
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