Economy

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Global Greenspan

Jan 27, 2006
Alan Greenspan, the steady hand at the helm of the Federal Reserve, steps down after 18 years in office next week. Foreign investors have come to rely on Greenspan's predictability for investing in the US and the dollar, but will all that change when Ben Bernanke takes over the Fed? Stephen Beard reports.
Posted In: Economy

GDP slows

Jan 27, 2006
The economy grew at only a 1.1% annual rate last quarter. It's the slowest pace in three years and raises serious questions, both about the state of the economy and the accuracy of economists' predictions. Most number crunchers had expected the economy to grow much more quickly. Bob Moon has the story.
Posted In: Economy

Moral consequences

Jan 27, 2006
GDP growth slipped significantly last quarter. Harvard economist Benjamin Friedman says that societies can lose their moral compass when economic growth weakens. He speaks to Kai about his new book, "The Moral Consequences of Economic Growth."
Posted In: Economy

Rich getting richer; poor not so much

Jan 27, 2006
The gap between rich and poor grew significantly in the past two decades. According to a new study based on US Census income data, the rich are getting richer, and the poor and middles are falling further behind. Hillary Wicai reports.
Posted In: Economy

Excise tax

Jan 26, 2006
Personal finance expert Chris Farrell and host Scott Jagow discuss the colorful origins of the federal excise tax, and why it might soon be repealed.
Posted In: Economy

Greenspan gets a last word in

Jan 26, 2006
On Tuesday, Fed Chairman Alan Greenspan is out, after more than 18 years of service. In the meantime, he's weighing in on a big issue in financial circles: Whether corporations should be able to own banks. And his stance on the issue is not good news for the World's largest retailer. Hillary Wicai reports.
Posted In: Economy

Greenspan's legacy

Jan 25, 2006
Alan Greenspan steps down next week after more than 18 years running the Federal Reserve. It's been quite a run. Depending on who you ask, he either gets credit or blame for today's economy. Commentator Robert Reich suggests it's a little bit of both.
Posted In: Economy

Economic worries

Jan 25, 2006
A new survey out by the Pew Research Center for the People & the Press indicates that over 60% of Americans have misgivings about the future of the economy. Stacey Vanek-Smith reports.
Posted In: Economy

The "Straight Story" with Chris Farrell: It's the Economy, Stupid

Jan 21, 2006
It's time once again for economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the "Straight Story." This week, Chris debunks conventional economic wisdom. Lower unemployment and higher wages isn't a recipe for inflation. A better economy is cooking up.
Posted In: Economy

The reliability of computerized exchanges

Jan 20, 2006
While the NASDAQ and the Japanese stock market attempt to sort out the computer glitches that have disrupted trading recently, some market watchers are starting to question the headlong rush to computerized trading. Amy Scott reports.
Posted In: Economy, Wall Street

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