captioning sponsored by wpbt we hadn t had consecutive quarters of such economic retraction since the great depression. so we ve got a tremendous hole to fill. stocks tumbled on words from the white house that the recession s job losses could be worse than thought. the blue chips tumbled 268 points to just above the 10,000 level. debt woes in greece, spain and portugal adding to the selling. we asked sue schweitzer for stu schwider for insight. we are watching nightly business report. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. a serious stock market sell off today. the dow tumbled 268 points, barely closing above 10,000, the nasdaq dropped 3%, the s&p 500 fell 34. tom: susie, the white house warned tomorrow s jobs report will include a massive revision, showing mo
captioning sponsored by wpbt we hadn t had consecutive quarters of such economic retraction since the great depression. so we ve got a tremendous hole to fill. stocks tumbled on words from the white house that the recession s job losses could be worse than thought. the blue chips tumbled 268 points to just above the 10,000 level. debt woes in greece,spain and portugal adding to the selling. we asked sue schweitzer for stu schwider for insight. we are watching nightly business report. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening, everyone. a serious stock market sell off today. the dow tumbled 268 points, barely closing above 10,000, the nasdaq dropped 3%, the s&p 500 fell 34. tom: susie, the white house warned tomorrow s jobs report will include a massive revision, showing mor
captioning sponsored by wpbt we acted because the consequences of a.i.g. failing would have been catastrophic. tom: treasury secretary timothy geithner defends his role in the a.i.g. bailout. susie: he tells angry lawmakers he made deals to keep the economy from collapsing. but not everyone agrees with his actions. you re watching nightly business report for wednesday, january 27. this is nightly business report with susie gharib and tom hudson. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. susie: good evening everyone. federal reserve policymakers, except for one, voted today to keep a key interest rate at 0%. tom hoenig, the president of the kansas city federal reserve bank, was the lone dissenter. he believes it s time to raise interest rates because the economy is doing better. so who s right? let s check in with our experts: julia coronado, economist at b.n.
captning sponsored by wpbt e acted because the coequences of a.i.g. failing would have been catastphic. tom: treasury secreta timothy gehner defends his role in the a.g. bailout. susie: he tel angry lawmakers he made deals to kp the onomy from collapsing. t not everyone agrees with h action you re watching nigly business report f wednesday, januy 27. this is nightly biness report th susie gharib and m hudson. night business report isade possible by: this program was me possible by contributions to yourbs stion from viewers like you. thank you. susie: good evening eryone. federal reserve policymars, except f one, voted today to keep key interest rate at 0%. tom hoenig, thpresident of the kansas city federal reserve bank, wathe lone dissenter. he believeit s time to raise intere rates because the economy isoing better. so who s right? let s check with our experts: julia corodo, economist at b.n. paribas and art hogan, chief market sategist at jeffries a company. we
captiong sponsored by wpbt wacted because the consuences of a.i.g. failing would have been catastroic. tom: treasury secretary timothy geiter defends his role in the a.i. bailout. susie: he tellsngry wmakers he made deals to kee the ecomy from collapsing. but not everyone agrees wi his acons. you re watching ightly business repor for wednesday, nuary 27. this is night business report wi susie gharib and tohudson. nhtly business report is made possible by: this program was madpossible by contributions to your p statn from viewers like you. thank you. susie: good evening eveone. federal reserve policymake, except forne, voted today to keep aey interest rate at 0%. tom hoenig, the esident of the nsas city federal reserve bank, was e lone dissenter. he believes s time to raise interestates because the economy is dng better. so who s right? let s check inith our experts: julia corona, economist at b.n.p.aribas and art hogan, chief market stregist at jeffries andompany