Oct 01 Six years after Lehman, debating Fed independence and bank insolvency By Simone Pathe The six-year anniversary of the month when Lehman Brothers failed, and brought down much of the financial sector with it, was a rough one for the Federal Reserve Bank of New York. Continue reading
Sep 26 The Ray Rice video last week; today, the ear-opening audio from inside the Fed By Simone Pathe The financial world woke up to an unsettling surprise Friday. Former New York Fed employee Carmen Segarra recorded 46 hours of private meetings inside the Fed, revealing the institution's often too-cozy relationship with the too-big-to-fail banks it's charged with regulating. Continue reading
Sep 22 Watch Protesters converge on Wall Street to call attention to climate change By PBS News Hour Continue watching
Sep 19 Watch Alibaba's stunning American IPO signals confidence in Chinese economy By PBS News Hour Within 10 minutes of its rollout on the New York Stock Exchange, Chinese e-commerce company Alibaba sold 100 million shares and earned $25 billion. Though not a household name in the U.S., it’s extremely popular in China and enjoys close… Continue watching
Sep 12 Why is Wall Street becoming more bipolar? By Making Sen$e Editor There's something increasing volatility on securities markets. Researchers from the National Bureau of Economic Research take a closer look at Exchange Traded Funds (ETFs), whose rapid rise over recent decades seems to be having a big impact on the stocks… Continue reading
Aug 29 Watch News Wrap: Separatists in Ukraine seize port town Novoazovsk By PBS News Hour In our news wrap Friday, rebels in Ukraine consolidated control at the border crossing between Russia and the Ukrainian port town of Novoazovsk. Russia’s foreign minister rejected NATO’s claim that satellite images show Russia has sent 1,000 soldiers and heavy… Continue watching
Aug 28 Watch News Wrap: Islamic State executes captured Syrian fighters By PBS News Hour In our news wrap Thursday, Islamic State militants reportedly executed more that 150 Syrian soldiers taken during recent fighting. Meanwhile, President Obama tamped down expectations for military action in Syria, saying the U.S. priority is to fight Islamic State in… Continue watching
Aug 28 The real financial monster: low interest rates By Terry Burnham At an economic conference in Jackson Hole, Wyoming, last week, Federal Reserve Chair Janet Yellen said the central bank is awaiting more recovery in the labor market before deciding when to raise interest rates. That was bad news for economist… Continue reading
Aug 22 In Bank of America settlement, who's feeling the pain? By Simone Pathe The day after Bank of America's record $16.65 billion settlement with the Department of Justice, Making Sen$e looks back at how the bank increased their holdings of risky mortgages and looks forward at whom -- from consumers to shareholders --… Continue reading
Aug 11 Watch Why media companies are ditching their newspaper operations By PBS News Hour A number of big name media companies have shed their print divisions in recent days. Publishers including Gannett and the Tribune Company are moving away from the multi-platform model to isolate print ventures from digital and broadcast media. Judy Woodruff… Continue watching