Oct 20 Watch Fed Chairman Signals Support for New Stimulus Package Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan. Continue watching
Oct 17 President Bush Stands by Government Action; Housing Starts Fall in September By Admin, PBS News Hour President Bush sought to reassure Americans that moves taken by the federal government would be bold enough to ease the financial crisis even as new reports showed further declines in the housing market. Continue reading
Oct 15 European Leaders Call for Summit to Overal Global Financial System By Admin, PBS News Hour As the world's industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system. Continue reading
Oct 15 Watch After Brief Euphoria in Markets, Investors Sell Amid Weak Sales, Rising Prices Following a brief upswing in world markets this week, investors and analysts see growing signs of a global recession in weak earnings and troubling manufacturing figures. Economists discuss the ongoing problems and the forces driving them. Continue watching
Oct 13 Watch U.S. Economist Krugman Wins Nobel Prize in Economics The last of six 2008 Nobel Prizes was awarded Monday to Princeton University professor and New York Times columnist Paul Krugman for his research on free trade and globalization. Krugman discusses his research and theories with Jim Lehrer. Continue watching
Oct 10 Watch Global Stock Sell-Off Stirs New Fears of Recession One year after the Down Jones industrial average peaked above 14,000 points, it closed Friday below 8,500 amid a global financial slump. Economic analysts and reporters give insight on the latest Wall Street woes. Continue watching
Oct 10 Watch Global Credit Crunch Takes Toll on State Economies Wall Street's credit freeze sparked a global economic crisis and forced U.S. cities and states to tighten their budgets. Elizabeth Brackett reports from Illinois about the state's financial woes then Chris Hoene of the National League of Cities explains the… Continue watching
Oct 10 Wall Street Fluctuates After World Markets Drop By PBS News Hour Stock prices in Asia and Europe continued to sink Friday, following a day of massive selloffs on Wall Street while Washington considered several new financial rescue maneuvers. Continue reading
Oct 09 Watch Government Intervention Does Little to Calm Markets Wall Street saw stocks dive Thursday as reports emerged that the Treasury Department is considering new moves to increase bank stability. Financial experts discuss the latest moves and what comes next for the government and the markets. Continue watching
Oct 09 Seven-day Slide: GM Drops 30 Percent as U.S. Stocks Continue to Tumble By PBS News Hour U.S stocks tumbled for a seventh straight session Thursday as investors bet recent worldwide efforts to thaw frozen credit markets would not be enough to avert a global recession. Continue reading