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Aug 11

Watch 2:18
China rattles markets by devaluing its currency

By PBS News Hour

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.

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Jul 11

Watch 4:13
What’s behind the boom and bust cycles in Chinese markets?

By PBS News Hour

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…

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Jun 25

Watch 8:32
How economists think differently from other humans

By PBS News Hour

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…

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Oct 14

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What Wall Street’s wild swings say about the global economy

By PBS News Hour

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…

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Dec 18

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The Fed’s Open Market Committee: Making Sense of the Sanctum

The Fed's Open Market Committee: Making Sense of the Sanctum…

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Dec 10

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Robert Shiller on Winning the Nobel Prize in Economics

Robert Shiller on Winning the Nobel Prize in Economics…

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Oct 15

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Known as the ‘safest asset,’ bond market braces for U.S. debt ceiling deadline

Known as the 'safest asset,' bond market braces for U.S. debt ceiling deadline…

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Oct 14

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Will ‘artificially imposed crises’ have consequences for U.S. economic standing?

Will 'artificially imposed crises' have consequences for U.S. economic standing?…

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Sep 16

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Remembering the Day When the American Financial System Began to Crumble

In September 2008, the global financial markets were melting down and banking giants teetered on the brink. Judy Woodruff recounts how the U.S. government responded in shoring up the financial sector, and, five years later, how some Americans remain angry…

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Jul 31

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News Wrap: Federal Reserve Downgrades U.S. Economic Growth to ‘Modest’

In other news Wednesday, the Federal Reserve gave the U.S. economy a "modest" growth assessment, a slight downgrade from the "moderate" rating in June. Also, the U.S. House of Representatives moved towards final approval on a student loan deal that…

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