Brian Zumhagen has been a weekend anchor at WNYC since 2003. His career in journalism started in 1993, with an internship in the press office of the German Green Party’s parliamentary delegation. Brian went on to spend the rest of the ‘90s working as a reporter, producer, and fill-in anchor at NPR member station KQED in San Francisco. He’s returned to Germany several times over the years for reporting projects. Most recently, he won a grant from the Arthur F. Burns Fellowship to produce radio features for the 20th anniversary of the fall of the Berlin Wall. Before coming to WNYC, Brian was a frequent contributor to PRI’s The World. He reported for the program on 9/11 and served as the show’s United Nations correspondent during the run-up to the Iraq war. Brian lives in Queens with his wife and children.
Another Volatile Day on Wall Street
Thursday, September 25, 2008
New York, NY –
It was another volatile day on the stock market, with the Dow Industrial Average closing a half hour ago down 29 points, or 0.3 percent. The NASDAQ composite index increased 2.35, or 0.1 percent, to 2,155.68, led by a rally in chipmakers.
In Washington, DC, Federal Reserve Chairman Ben Bernanke told lawmakers the U.S. economy is faltering with global financial markets under - quote - extraordinary stress. New York is right in the middle of the turmoil.
Joining me to talk about how this is shaking out in terms of city spending is WNYC's Bob Hennelly.