Nov 28th, 2008 · Move over Turkey Day — Black Friday is here. That's the day when merchants hope to get into the black. Given the current economic turmoil, retailers are using drastic sales to try to attract business. NPR's Tamara Keith, is at Best Buy outside Washington, D.C., and she talks with Steve Inskeep about whether the economic downturn has shoppers reining in their spending.
Nov 25th, 2008 · Yesterday, President-elect Barack Obama announced his top economic appointments, including Timothy Geithner as Treasury Secretary. The highly anticipated unveiling came as America faces a number of economic woes, including home foreclosures, massive layoffs and Wall Street turmoil. Money coach Alvin Hall and NPR's David Kestenbaum discuss deflation, Obama's stimulus and its impact on Main Street.
Nov 24th, 2008 · Currency traders buy and sell everything from U.S. dollars, pesos, yen and Euros. They profit by betting correctly that a currency might move up or down a fraction of a percent. The financial turmoil of the last two months has turned their world upside down. Chana Joffe-Walt reports for member station KPLU.
Nov 21st, 2008 · The international economic turmoil is beginning to be felt in the oil-rich Persian Gulf states, where a massive building boom is being supported by migrant workers from India, Pakistan and Bangladesh. Some wonder how the countries might handle large numbers of unemployed expatriate workers.
Nov 13th, 2008 · Treasury Secretary Henry Paulson talks about his plans to stave off more economic turmoil. Despite the government's $700 billion financial rescue package, credit markets remain frozen and the economy keeps getting worse.
Nov 4th, 2008 · The worldwide economic turmoil is showing signs of impact in the West African city of Dakar, as rising prices of food, fuel and fertilizer threaten the livelihood of the nation's poor. Africa will not be immune to the financial crisis, a World Bank executive says.
Oct 29th, 2008 · The Federal Reserve is expected to cut interest rates Wednesday by at least a half-percentage point to 1 percent. Economists believe the Fed will cut rates because of the current financial turmoil and fears that there might be a prolonged recession.
Oct 27th, 2008 · U.N. peacekeepers attacked rebels in eastern Congo with helicopter gunships Monday while crowds of protesters threw rocks outside four U.N. compounds, venting outrage at what they claimed was a failure to protect them from advancing rebel forces.