Jun 11 Retail Sales Up for First Time in Three Months By PBS News Hour Fewer Americans filed claims for unemployment benefits last week and retail sales grew in May for the first time in three months, raising expectations that the recession could be abating. Continue reading
Jun 10 Watch Administration Proposes New Steps to Regulate Executive Pay The Obama administration outlined a plan for new executive compensation regulations Wednesday, putting the politically charged issue of executive pay back in the spotlight. Analysts examine how more oversight will affect the industry. Continue watching
Jun 10 Watch Other News: Guard Killed at U.S. Holocaust Museum In other news, an attacker shot and killed a security guard inside the U.S. Holocaust Memorial Museum in Washington, D.C., and at least 28 people were killed in a car bombing in Iraq. Continue watching
May 29 Watch Other News: GM Closes in on Restructuring Deadline In other news, General Motors neared a deadline to submit a restructuring plan and markets rose at the close of the week on Wall Street. Continue watching
May 18 Watch Other News: Wall Street Rebounds; Sri Lanka Declares Victory Over Tamil Tigers In other news, Wall Street rebounded after a losing streak last week and the Sri Lankan government announced that it had defeated the rebel Tamil Tigers group after decades of conflict. Continue watching
May 12 Watch Frontline Examines Role of Key Players in Madoff Affair An accountant and his partner helped Wall Street financier Bernard Madoff recruit clients beginning in the 1960s. The NewsHour airs an excerpt of Tuesday's Frontline, which explores the role of some of the key players in the fraud scheme. Continue watching
May 08 Watch Other News: Wall Street Rallies on Jobs Report In other news, the markets rallied on the new jobs report released by the Labor Department and wildfires drove more than 20,000 people from their homes near Santa Barbara, California. Continue watching
Apr 29 What Are Quants? Question: What are ‘quants’? Paul Solman: Quantitative experts, or if you prefer, “number jocks” or “math whizzes” who have gone to “Wall St.” (ie, the world of finance). They construct formulas for investing and packaging investments. Take their… Continue reading
Apr 24 Watch Other News: Taliban Leaves Key District in Pakistan In other news, Taliban militants in a strategically significant district of Pakistan left after the military threatened to use force against them and fighting continued between government troops and rebels in Sri Lanka's civil war. Continue watching
Apr 21 Geithner Signals Confidence in Banks’ Reserves, Bailout Plans By PBS News Hour Treasury Secretary Timothy Geithner faced new questions on the Obama administration's bank rescue on Capitol Hill Tuesday as the International Monetary Fund predicted U.S. financial institutions could lose $2.7 trillion from the global credit crisis. Continue reading