Which Way, L.A.?
A Volatile Day in World Markets
The Federal Reserve announced an emergency rate cut before the markets opened today, but the Dow Jones industrial average hit a 15-month low anyway. President Bush and Democratic leaders in Congress met to talk about a fiscal stimulus package.
By Warren Olney • • 1 min readThe Federal Reserve announced an emergency rate cut before the markets opened today, but the Dow Jones industrial average hit a 15-month low anyway. President Bush and Democratic leaders in Congress met to talk about a fiscal stimulus package. With falling prices, more and more California homeowners now owe more than their property’s market value, and foreclosures are breaking records.
The full episode
1 of 3
The Economy, the Oscars and Political Games on Next Month’s Ballot- 1:29A Volatile Day in World Markets You’re reading this
- 7:56What Kind of Term Limits Reform Does Prop. 93 Promise?
- 20:07“No Country for Old Men” and “There Will Be Blood” Lead Oscar Nominations
The full episode
1 of 3The Economy, the Oscars and Political Games on Next Month’s Ballot- 1:29A Volatile Day in World Markets You’re reading this
- 7:56What Kind of Term Limits Reform Does Prop. 93 Promise?
- 20:07“No Country for Old Men” and “There Will Be Blood” Lead Oscar Nominations