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Mar 16

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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.

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Mar 13

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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…

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Mar 13

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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.

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Mar 13

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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.

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Mar 12

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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.

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Mar 12

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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.

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Mar 10

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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.

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Mar 06

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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.

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Mar 03

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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.

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Mar 03

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What's the Significance of the Dow Dropping Below 7,000 Points?

By Business Desk

Question: What’s the significance of the Dow dropping below 7,000? Paul Solman: Just another number. To the extent that people focus on it, however, it can have the effect of increasing the anxiety over stock prices, and lead to more…

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Full Episode
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