In our news wrap Tuesday, market panic continued for a third day in China, despite an effort by the Central Bank to boost the economy by cutting interest rates. Also, the head of the IAEA promised that its checks of…
Stock markets plummeted this morning, with the Dow Jones Industrial Average falling more than 1,000 points, or 5 percent, at opening, before rebounding and making back most of its gains by noon. As of 12:15 p.m. EDT Monday, the Dow…
There was a global sell-off of stock today, as investors panicked in the wake of another Chinese stock crash. To understand Wall Street’s bad week, Judy Woodruff speaks to Liz Ann Sonders of Charles Schwab.
China devalued its currency Tuesday, a move to make the country’s exports cheaper and boost a slowing economy. In turn, the Yuan fell nearly 2 percent against the dollar, the most in a decade. Judy Woodruff reports.
Big boom and bust cycles are typical for China’s stock markets, which are often marked by huge volatility, as we saw this week. Orville Schell of the Center on U.S.-China Relations at the Asia Society joins us from Boston to…
In economics, a theory has long prevailed that markets are based on people making rational choices. But behavioral economist Richard Thaler is seeking to prove that there is far more randomness to our financial decisions. Economics correspondent Paul Solman talks…
Lately the financial markets have been swinging from record leaps to sudden drops. Eswar Prasad, an economist at Cornell University and the Brookings Institution, says that while the U.S. economy is continuing its recovery, the rest of the world is…
The Fed's Open Market Committee: Making Sense of the Sanctum…
Robert Shiller on Winning the Nobel Prize in Economics…
Known as the 'safest asset,' bond market braces for U.S. debt ceiling deadline…
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