Financial Turmoil Grips World Markets Unlike Stocks, Credit Market Fails To Rebound September 30, 2008 • The stock market bounced back Tuesday, regaining nearly 500 of the 777 points it lost Monday. While the volatility in the stock market has gotten a lot of attention, many economists are much more concerned about what's happening in the credit markets. Unlike Stocks, Credit Market Fails To Rebound Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95211408/95222918" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Unlike Stocks, Credit Market Fails To Rebound Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95211408/95222918" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets Markets Plunge On Bailout's Rejection September 29, 2008 • Stocks are down sharply after the House of Representatives rejected a $700 billion bailout of Wall Street. At one point, the Dow Jones industrial average was down more than 700 points. Markets Plunge On Bailout's Rejection Listen · 3:40 3:40 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95187250/95187220" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Markets Plunge On Bailout's Rejection Listen · 3:40 3:40 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95187250/95187220" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets Will Rescue Package Stabilize The Markets? September 29, 2008 • After a weekend of tense negotiations, lawmakers produced a $700 billion rescue package for Wall Street. The legislation includes limits on executive pay, oversight and a deal-sealing plan for eventually recouping losses. However, no one knows for sure whether that will be enough to stabilize the markets. NPR's Jim Zarroli and Steve Inskeep talk about the bill's potential to stabilize the markets on 'Morning Edition' Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95157328/95157307" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
NPR's Jim Zarroli and Steve Inskeep talk about the bill's potential to stabilize the markets on 'Morning Edition' Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95157328/95157307" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Economy Washington Mutual Collapses September 26, 2008 • The battered savings and loan company Washington Mutual has become the latest casualty of the subprime mortgage disaster. Regulators say the bank fell over the edge because in the past week or so more and more customers began pulling their deposits out. Washington Mutual Collapses Listen · 4:06 4:06 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95105112/95105085" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Washington Mutual Collapses Listen · 4:06 4:06 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95105112/95105085" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets Buffett To Buy $5B Stake In Goldman September 24, 2008 • Warren Buffett is investing $5 billion dollars in Goldman Sachs. His decision comes at a critical time for Goldman. Buffett said he believes Congress will approve a plan to buy up bad mortgage debt from Goldman and other firms. Buffett To Buy $5B Stake In Goldman Listen · 4:03 4:03 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95007310/95007291" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Buffett To Buy $5B Stake In Goldman Listen · 4:03 4:03 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/95007310/95007291" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets Warren Buffett Backs Goldman Sachs September 24, 2008 • Amid all the uncertainty on Wall Street, investor Warren Buffett is giving a $5 billion vote of confidence to Goldman Sachs. The investment bank is considered to have a relatively strong balance sheet, but its stock has dropped sharply in the fallout of the subprime mortgage disaster. Warren Buffett Backs Goldman Sachs Listen · 1:17 1:17 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94973383/94973351" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Warren Buffett Backs Goldman Sachs Listen · 1:17 1:17 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94973383/94973351" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Economy Paulson, Bernanke Report To Capitol Hill September 23, 2008 • Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke visit the Senate Banking Committee to answer questions about the Wall Street bailout — and get a tough reception. Paulson, Bernanke Report To Capitol Hill Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94930790/94930782" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Paulson, Bernanke Report To Capitol Hill Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94930790/94930782" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets Fed OKs Changes At Goldman, Morgan Stanley September 22, 2008 • The Federal Reserve says the last two big, independent investment banks, Goldman Sachs and Morgan Stanley, are scrapping the business model that made them so profitable for so long. They are now bank holding companies and are regulated by the Fed. NPR's Jim Zarroli, Linda Wertheimer discuss Wall Street's changes on 'Morning Edition' Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94876639/94876599" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
NPR's Jim Zarroli, Linda Wertheimer discuss Wall Street's changes on 'Morning Edition' Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94876639/94876599" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets SEC Temporarily Bans Some Short Selling September 19, 2008 • The Securities and Exchange Commission temporarily banned on Friday the routine practice of short selling. That's when investors bet the price of a stock will fall. It's legal except when it's combined with spreading of false information. The ban on short selling applies only to financial stocks. SEC Temporarily Bans Some Short Selling Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94796396/94795847" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
SEC Temporarily Bans Some Short Selling Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94796396/94795847" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Financial Turmoil Grips World Markets Worst May Not Be Over For Wall Street September 18, 2008 • The Federal Reserve's decision to lend AIG $85 billion did little to stem losses on Wall Street Wednesday. Stocks closed down as investors worried that the financial turmoil could soon spread to big names, including Morgan Stanley and Goldman Sachs. Worst May Not Be Over For Wall Street Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94748556/94748518" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Worst May Not Be Over For Wall Street Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94748556/94748518" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Fannie Mae, Freddie Mac: The Takeover Treasury Department To Bolster Fannie, Freddie September 8, 2008 • The federal government Sunday took control of Fannie Mae and Freddie Mac in order to stabilize the housing market and end questions about the firms' finances. The Treasury Department is expected to provide billions of dollars to shore up the beleaguered mortgage giants. Treasury Department To Bolster Fannie, Freddie Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94377255/94377237" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Treasury Department To Bolster Fannie, Freddie Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94377255/94377237" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Fannie Mae, Freddie Mac: The Takeover Paulson: Action on Fannie, Freddie Was Necessary September 7, 2008 • The federal government today announced its plans for a takeover of the troubled mortgage finance companies Fannie Mae and Freddie Mac. While U.S. officials had hoped to avoid a bailout, the deterioration of the two companies could no longer be ignored. Paulson: Action on Fannie, Freddie Was Necessary Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94369823/94369814" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Paulson: Action on Fannie, Freddie Was Necessary Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94369823/94369814" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Election 2008: Issues Candidates Sound Off On Unemployment September 5, 2008 • The Labor Department has said the unemployment rate for August was a five-year high of 6.1 percent. Employers cut early 84,000 jobs during the month. Presidential candidates John McCain and Barack Obama both have plans they say will create more jobs. Candidates Sound Off On Unemployment Listen · 4:35 4:35 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94332502/94332483" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Candidates Sound Off On Unemployment Listen · 4:35 4:35 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94332502/94332483" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Business Bad Economic News Sends Stocks Tumbling September 5, 2008 • The stock market took another hit Thursday on bad economic news. All of the major indices were down. On Friday morning, investors awaited the government's latest jobs report. Bad Economic News Sends Stocks Tumbling Listen · 1:16 1:16 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94312329/94312294" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Bad Economic News Sends Stocks Tumbling Listen · 1:16 1:16 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94312329/94312294" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Transcript
Sports Phelps Cashes In On Olympic Gold August 29, 2008 • Record-setting Olympian Michael Phelps made an appearance Thursday in New York to promote a swimming program for inner-city kids. The event was sponsored by Visa, one of seven companies that has commercial ties to the swimmer. Phelps' agent says he could end up earning $100 million in endorsements. Phelps Cashes In On Olympic Gold Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94095394/94095340" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Phelps Cashes In On Olympic Gold Listen Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/94095394/94095340" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
