Jan 21 Can the Fed really fight global economic instability? By Vikram Mansharamani Recent events in the global economy are increasing the likelihood that the Fed will have to reverse its course on raising interest rates. Continue reading
Jan 18 Gas prices fall below $1 in one Michigan town By Kamaria Roberts Plunging oil prices and a local bidding war drove gas prices to less than $1 in one central Michigan town Sunday. Continue reading
Aug 21 Watch 4:06 Will Wall Street's rough week prove an overdue correction? By PBS News Hour 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. Continue watching
Apr 03 Watch 4:27 Do weaker U.S. jobs numbers suggest a downshifting economy? By PBS News Hour March put an end to a year-long streak of solid U.S. job growth. The Labor Department reported that employers added a net of just 126,000 jobs last month. Hari Sreenivasan talks to Diane Swonk of Mesirow Financial about what’s behind… Continue watching
Feb 05 In Venezuela, a box of condoms runs $755 as oil prices plummet By Marina Lopes As the petroleum-rich country’s economy is slammed by falling oil prices, expensive imports like condoms are becoming a luxury only the wealthy can afford. Continue reading
Jan 27 Watch 7:17 As oil prices drop, North Dakota's booming industry braces for a winter cooldown By PBS News Hour Continue watching
Jan 23 Watch 9:34 Will regional turmoil encourage stability inside Saudi Arabia? By PBS News Hour Former National Security Advisor Stephen Hadley and former Secretary of Defense Leon Panetta join Judy Woodruff to discuss the many regional crises at play as Saudi Arabia moves to new leadership. Continue watching
Jan 20 Watch 5:03 Why is the Islamic State targeting Japan for ransom? By PBS News Hour The Islamic State released a video ransom vote that threatened to kill two Japanese hostages unless Tokyo pays $200 million. Jeffrey Brown speaks with former CIA officer Bob Baer about why the militant group is targeting that country. Continue watching
Dec 30 Think you know how oil prices work? By Simone Pathe A new working paper from the National Bureau of Economic Research remodels the relationship between oil prices and production, suggesting that the actual pressure inside the wells dictates the pace of extraction more than price swings. Continue reading
Nov 28 Watch How will plunging oil prices affect the economy? By PBS News Hour The price of oil dropped to a four-year low after the OPEC cartel decided not to cut production levels. Judy Woodruff speaks with Kevin Book of ClearView Energy Partners about the national and global consequences of cheap gas and for… Continue watching