Mar 17 Government Furor Continues Over AIG Bonuses By PBS News Hour As the furor continues over millions of dollars in employee bonuses at the failed insurance giant AIG, lawmakers and administration officials in Washington are weighing their options to either block the payments or penalize the company. Continue reading
Mar 16 Watch Other News: Wall Street Dips, Pakistan Reinstates Judge In other news, Wall Street fell short of extending an upswing for a fifth day and Pakistan moved to reinstate a top judge to curb a growing political protest. Continue watching
Mar 13 Watch Debate Emerges Over Media’s Role in Financial Meltdown 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… Continue watching
Mar 13 Watch Markets Rise, but Confidence in Economy Still Lags Wall Street marked its best run since November this week as President Obama worked to boost confidence in recovery moves. The Wall Street Journal's David Wessel offers insight. Continue watching
Mar 13 Stocks Continue Rally, End Best Week Since Nov. By Admin, PBS News Hour U.S. stock markets added gains Friday after a mixed trading day, continuing their rare four-day rally and ending their best week since November. Continue reading
Mar 12 Watch Other News: U.S. Markets Rally for Third Day In other news, the Dow Jones industrial average gained 200 points as President Obama discussed his budget plans, and General Motors said it won't need an additional $2 billion in federal loans this month. Continue watching
Mar 12 Watch Madoff Pleads Guilty to Massive Wall Street Fraud Bernard Madoff pleaded guilty Thursday to fraud charges totaling an estimated $65 billion. Analysts discuss the case and the prospects of victims recovering any money. Continue watching
Mar 10 Watch Madoff Expected to Plead Guilty as Details of Alleged Fraud Case Emerge Lawyers for Bernard Madoff, who allegedly defrauded investors of nearly $50 billion, said that the former Wall Street financier would likely plead guilty to 11 criminal counts on Thursday. New York Times reporter Diana Henriques updates the story. Continue watching
Mar 06 Unemployment Rate Soars to 8.1% in February By Admin, PBS News Hour U.S. employers cut 651,000 jobs in February, the Labor Department reported Friday, pushing the nation's unemployment rate to 8.1 percent, the highest it has been since 1983. Continue reading
Mar 03 Obama, Brown Praise Relations, Assess the Economic Crisis By Admin, PBS News Hour President Barack Obama and British Prime Minister Gordon Brown on Tuesday hailed the "special relationship" between their countries as the two held talks on how to solve the economic crisis reverberating around the globe. Continue reading