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Unemployment Down, Jobs Increase in June
Florida’s unemployment rate dropped slightly in June as the state saw an increase of nearly 37,000 jobs. Governor Rick Scott announced the latest…
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1:03
Sweden Records Largest GDP Drop Since 1980, But Outperforms Many Other EU Countries
The coronavirus pandemic has taken a toll on Sweden's economy. Despite the country's relaxed response to the virus, its gross domestic product recorded the largest quarterly drop in modern history.
Dow Plunges 943 Points; Steep Sell-Off Is Triggered By Fears Of More Lockdowns
The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
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3:00
In His Post-Fed Life, Bernanke Talks Taxes, Trump And Partisan Perceptions
Former Federal Reserve Chairman Ben Bernanke discusses the contradictory partisan divide in people's views of the economy, the economy's health and the problem of those left behind by economic change.
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7:14
Unemployment Data Are Often Colored By Politics
The Labor Department has issued its monthly jobs report. In these hyper-partisan times, even seemingly objective facts about the economy are viewed through the lens of party politics.
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3:36
GDP Growth At Highest Level Since 2003
The economy expanded at a 5 percent seasonally adjusted rate during the third quarter. The U.S. economy is coming back strong even as the rest of the world slows down.
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2:33
Fed Forecasts Economic Rebound by Next Spring
Federal Reserve Chairman Ben Bernanke said Thursday that he expects the U.S. economy to "slow noticeably" in coming months as the housing slump intensifies. Bernanke also said the economy has shown considerable resilience and should rebound next year.
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0:00
Fed Prepared to Lower Interest Rates
Federal Reserve Chairman Ben Bernanke signals the Fed is ready to cut interest rates in the face of mounting risks to the U.S. economy. Rising unemployment, high oil prices and a decline in manufacturing pressure the White House to keep the economy from lapsing into recession.
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0:00
Bush Proposes $145 Billion Stimulus Package
The president says the plan, involving tax breaks for individuals and businesses, must be passed quickly and take effect immediately.
Market Turmoil Gives Stimulus Plan a Boost
After another day of turmoil in financial markets, the White House and Congress are expressing confidence that they can agree on measures to stimulate the economy. But the plan remains a work in progress.
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