Italy: Amid Eurozone Crisis, 'Going the Greece Way' Would Be Disastrous…
The effort to raise the country's borrowing limit saw the resumption of talks between President Obama and top congressional leaders on Wednesday. Kwame Holman reports on the lawmakers' race against the Aug. 2 deadline.
The financial markets remain unstable as disagreement persists within the European Union about how to deal with swelling debt levels in Greece, Portugal and Spain. Jeffrey Brown talks to an economist for insight.
Question: Please explain the trade deficit. What is it? Why is it important? Is it an indicator like taking someone’s temperature or is it a debt that has to be paid? Does it relate directly to our national debt?…
By Admin, PBS NewsHour
President Barack Obama took a step toward cutting the nation's budget deficit at a White House summit, a difficult task facing the new president a week after he signed a $787 billion stimulus bill.
Global stocks largely rebounded on Tuesday after concerns over a weakened U.S. economy sent international markets tumbling. Jim Fallows of the Atlantic Monthly discusses how China's lending and asset buying impact the U.S. markets and economic stability.
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