Financial 411

A Podcast from WNYC News

WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 each weekday. This financial wrap delivers highlights of the day's business news delivered by WNYC's reporters with context, clarity and a New York perspective.

Recently in Financial 411

Can Governments Do Anything to Reassure Markets?

Wednesday, October 08, 2008

After a wild day, Paulson’s remarks send the Dow down. Also: why local institutions’ assets are frozen.


Does Crude's Slide Mean Lower Home Heating Costs?

Tuesday, October 07, 2008

The federal government gives its best guess of the future cost of oil today. Also: Bernanke frets over the economy, and legislators grill AIG execs.


World Wide Financial Markets & Wall Street

Monday, October 06, 2008

Despair about a weakening global economy swept over Wall Street.

Here with some analysis of the day’s financial news is BusinessWeek's Financial Editor Adrienne Carter.


Wall Street's Reaction to the $700 Billion Rescue Plan

Friday, October 03, 2008

Stocks turned lower and credit markets remained strained after the House approved a $700 billion financial rescue plan.

Here with a reaction to the markets and the House rescue measure is Robert Shroeder, a reporter at Market Watch.


Mayor Bloomberg Says He's Best Suited to Lead City Through Fiscal Crisis

Thursday, October 02, 2008

Michael Bloomberg would like the opportunity to run for re-election for a third, four year term, citing his past Wall Street experience and his business acumen.


Financial History vs. Reality

Wednesday, October 01, 2008

Wall Street zigzagged through a relatively calm session, closing with modest losses as financial markets uneasily awaited a Senate vote on the government's banking sector bailout.

Columbia University's Professor Sharyn O'Halloran is a political economist. She explains how today's situation is NOT like the Great Depression.


Explaining the Failure of the Bailout

Monday, September 29, 2008

On Wall Street, the Dow closed with its biggest drop ever today -- it plunged more than 735 point, after the failure of the financial bailout plan in the House. That's a nearly 7 percent drop for the Dow. Stunned traders on the floor of ...


Stocks Up but Credit Still Down

Friday, September 26, 2008

After being down most of the trading session stocks turned higher into the close as investors nervously wait for some kind of resolution on the government's proposed financial bailout. The Dow closed up 121 points -- just over one percent. The NASDAQ was down just ...