Oct 16 Loan Losses Drive Down Bank of America Earnings Bank of America reported Friday that it lost more than $2.2 billion in the third quarter, largely due to loan defaults and credit card delinquencies. Continue reading
Feb 20 World Markets Slide Over Ongoing Economic Woes By PBS News Hour Continuing concerns over the depth and breadth of the economic meltdown rippled through world markets Friday, pushing U.S. stocks to extend deep losses and sending overseas markets tumbling. Continue reading
Oct 13 U.S., European Stocks Soar in Response to Government Rescue Plans By Admin, PBS News Hour Stocks across the world closed with large gains Monday after European and U.S. officials poured billions of dollars into struggling banks as part of emergency plans to restore confidence in global financial markets. Continue reading
Jan 23 Watch Market Turmoil Highlights China’s Impact on U.S. Economy 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. Continue watching
Aug 24 Watch Financial Experts Examine Stock Market Irregularity Stock markets endured another week of highs and lows. The NewsHour talks to financial analysts about recent actions by the Federal Reserve and major financial institutions and what they may mean for the uneven market. Continue watching
Feb 28 Watch U.S. Stock Markets Begin Recovery After Downturn U.S. stock markets have begun to recover after a serious downturn in Chinese stock Tuesday caused shocks in markets around the globe, while raising questions about potential annd prolonged instability. Economic analyst Nick Perna discusses what's next for the stability… Continue watching