Jul 26 Watch 6:28 News Wrap: Commerce Department says economic growth slowed in 2nd quarter In our news wrap Friday, the U.S. economy is showing signs of losing some steam, with growth rate down sharply in the second quarter from its level in the first. White House economic adviser Larry Kudlow blamed Fed interest rate… Continue watching
Jul 11 U.S. budget deficit jumps 23 percent this fiscal year By Martin Crutsinger, Associated Press The surge in deficits reflects a variety of factors including a $1.5 trillion tax cut President Donald Trump pushed through Congress in late 2017 and billions of dollars in extra spending Congress approved in early 2018. Continue reading
Jul 04 Watch 10:30 Amid long economic expansion, why so many Americans are still struggling The U.S. is currently in the midst of the longest economic expansion since the period following World War II. But even though the numbers are good, they don’t add up to prosperity for all Americans. William Brangham talks to Matthew… Continue watching
Sep 18 Watch 4:32 Who is more vulnerable in the escalating U.S.-China trade war? China set out to retaliate against new U.S. import taxes on Chinese goods on Tuesday by saying it would levy tariffs on $60 billion worth of U.S. goods, ranging from agricultural products and machinery to chemicals. John Yang talks with… Continue watching
Jun 01 5 important takeaways from the latest jobs report By Daniel Bush The U.S. economy added more jobs than expected in May and the unemployment rate dropped slightly to 3.8 percent, remaining at its lowest level in decades. Continue reading
Feb 05 Watch 6:16 Monday's market volatility reflects the new economic reality. Here's how By PBS News Hour The sell-off that hit Wall Street on Friday whipsawed the market again on Monday. In one furious, 15-minute stretch, the Dow dropped and recouped 700 points. What made markets plunge? John Yang gets analysis from Gillian Tett of the Financial… Continue watching
Oct 26 Watch 9:12 Where you grow up matters in an unequal economy. Here's how. By Paul Solman Is geographic mobility the key to moving up the economic ladder? Economists are finding that the odds no longer favor American kids in doing better than their parents, but some hope that uprooting their families and moving to safer streets… Continue watching
Aug 05 July was another stellar month for jobs By Kristen Doerer The U.S. economy added 255,000 jobs in July, building on the 292,000 jobs created in June, and the unemployment rate remained unchanged at 4.9 percent. Continue reading
Dec 16 Why the Fed's decision on interest rates probably doesn't matter By Vikram Mansharamani We need to look at the big picture, and when we do, we might conclude today’s decision probably doesn’t matter that much. Continue reading
Jun 05 Watch 3:16 Unemployment rate goes up for all the right reasons By PBS News Hour The May jobs report was surprisingly strong. Employers added 280,000 jobs, marking a rebound from the year's first quarter and stemming fears of an economic cool down. Judy Woodruff learns more from Diane Swonk of Mesirow Financial. Continue watching