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
Wednesday, October 08, 2008
After a wild day, Paulson’s remarks send the Dow down. Also: why local institutions’ assets are frozen.
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.
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.
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.
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.
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.
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 the New York Stock Exchange ...
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 3 points. Credit markets though ...