Oct 15 If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans significantly worse off? Question/Comment: Would you please clarify something for me that I am struggling to understand? If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans, or any other nationality, significantly worse off? If, relatively speaking,… Continue reading
Oct 14 It seems to me that FDR may have saved the traditional banking system. What do you think? By Business Desk Question: First, it seems to me that FDR saved the traditional banking system. I’ve checked the account of the plan they came up with during the “bank holiday” in the second Schlesinger book and… Continue reading
Jun 24 Can you help explain how commodity exchanges and “commodity futures” and “index futures” work? By Business Desk Question/Comment: Can you help explain how commodity exchanges and “commodity futures” and “index futures” work? Apparently both some members of Congress, and the Commodities Futures Trading Commission, are looking into how speculators affect oil and food prices. As the typical… Continue reading
Aug 29 Watch Reporter’s Notebook: Karachi Residents Experience Extremes In their third report, Margaret Warner and producer Simon Marks witness extreme wealth and poverty -- and a technological boom -- in Pakistan's business capital, Karachi. Continue watching