Jan 28 Fed Leaves Key Rate at Record Low, Vows to Use All Tools to Help Economy By PBS News Hour Acknowledging that the economy has continued to deteriorate, the Federal Reserve signaled Wednesday that it will continue to use unconventional tools to cushion the fallout, including keeping a key interest rate at a record low for quite "some time."… Continue reading
Jan 26 Watch Massive Job Cuts Renew Calls for Quick Action on Stimulus Several U.S. companies reeling from the economic downturn announced a total of some 45,000 job cuts on Monday. Analysts assess what the employment situation signals about new government efforts to revive the economy. Continue watching
Jan 26 Watch On Day Six, Obama Takes on Global Warming President Barack Obama asked regulators to reconsider waivers that would allow California and other states to set their own standards for auto emissions and responded to new concerns about the economy at the start of his first full week in… Continue watching
Jan 23 Watch Shields and Brooks Weigh Obama’s First Week, Economy Plans President Barack Obama wasted no time putting his stamp on key policy areas during his first few days in office -- including renewing a push for an economic stimulus plan. Mark Shields and David Brooks discuss the moves. Continue watching
Jan 23 Watch Obama Works on Stimulus Package with Key Congressional Leaders On his third day in office, President Barack Obama worked to resolve the economic downturn with congressional leaders from both parties. Ray Suarez reports. Continue watching
Jan 22 Watch Congress Moves on Stimulus Package, Kennedy Withdraws From N.Y. Senate Race Caroline Kennedy withdrew her name from consideration for New York's Senate seat and the House made plans to vote on a proposed stimulus package next week. Jim Lehrer reports on these developments and other news of the day. Continue watching
Jan 21 Watch Clinton Confirmed for State, Congress Works on Stimulus Congress officially began working on the $825 billion stimulus package offered by House Democrats today and Hillary Clinton was confirmed as Secretary of State. Jim Lehrer reports on these events and the other news of the day. Continue watching
Jan 21 Watch Banking Sector, Bailout Reform May Top Obama Economic Agenda Treasury nominee Timothy Geithner went before a Senate panel Wednesday, answering questions on the financial crisis as well as his tax payment controversy. Analysts mull what's ahead for Obama's economic agenda. Continue watching
Jan 15 Democrats Unveil $825B Stimulus Plan By Admin, PBS News Hour House Democrats on Thursday released an $825 billion economic rescue plan that aims to alleviate the economic downturn through a combination of $550 billion in spending and state aid, and $275 billion in tax cuts. Continue reading
Jan 12 Watch Bush Looks Back on Presidency in Final Press Conference In what he called "the ultimate exit interview," President George W. Bush gave his final press conference Monday, admitting to some mistakes while defending the bulk of his decisions on domestic, economic, and foreign policy. Continue watching