Comedian and "Daily Show" host Jon Stewart held a high-profile sparring match with CNBC's Jim Cramer this week over the cable network's coverage in the lead up to the Wall Street meltdown. A panel of business writers weighs the media's…
The Treasury Department and Citigroup announced a new plan Friday in which the government will take ownership in a larger portion of the company's stock. Washington Post reporter Binaymin Applebaum explains the move.
In other news, the Labor Department reported that U.S. jobless claims rose to their highest levels since 1982 and markets fell on concerns that medical and drug companies would lose money under the president's new health care budget.
In Tuesday's other news, automakers raced to submit new restructuring plans and U.S. markets tumbled further on worries about the auto industry and the deepening recession.
The Illinois state Senate officially removed Gov. Rod Blagojevich from office over the fallout from a corruption scandal and stocks fell sharply on another day of bleak economic news. Jim Lehrer recaps the day's other news headlines.
In the midst of September's Wall Street meltdown, Bank of America agreed to buy the troubled Merrill Lynch -- a buyout that has proved troublesome. Analysts assess what may come next for the struggling industry.
Apple CEO Steve Jobs' decision to take six months of medical leave for an illness he has deemed a "horomone imbalance" caused the company's stock to fall sharply. Spencer Michels examines Jobs' singular influence in the technology world.
The economy experienced an extraordinary year of volatility in 2008 with the collapse of major financial firms and huge market losses. Financial writers discuss the year's significance and the road ahead in 2009.
Question/Comment: Ok, so being a good dog, I need to keep spending to help the economy. What are some of the best things to spend my hard earned, devalued money on? Paul Solman: That’s a very interesting question and not…
In an effort to stabilize the teetering American financial giant, the U.S. government stepped up to help Citigroup by injecting $20 billion in capital and agreeing to shoulder most potential losses for the bank's high-risk assets. A New York Times…
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