Jim Zarroli
Stories
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Politics
Government Shutdown Cut Into Economic Growth, CBO Says
A report says the shutdown reduced federal spending by $18 billion, although most of that will be recouped now that the government has reopened.
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Politics
FACT CHECK: Trump's Oval Office Pitch For A Border Wall
President Trump used his first prime-time address from the Oval Office to make the case for a $5.7 billion border wall. That demand and Democrats' opposition has led to a partial government shutdown.
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Politics
President Trump, Long A Fan Of Big Steel, Wants The Border Wall To Be Made Of Steel
President Trump says a country is nothing without a steel industry. And while his tariffs have benefited the U.S. steel industry, his claims about a boom with new plants opening are exaggerated.
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Business
Tech Stocks Have Taken A Beating This Year, And The Effects Have Been Far-Reaching
After many years of flying high, mighty tech stocks have come tumbling down because of regulatory worries and slow growth. Their bad year affects companies that seemingly have nothing to do with tech.
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Business
Stock Market Gyrations Making You Dizzy? Get Used To It, Analysts Say
With the Dow swinging up and down hundreds of points in a day, investors are feeling queasy. One economist says uncertainty in the stock markets may mean turbulence will continue in the new year.
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Business
Shutdown Could Extend Into the New Year, Won't Save Taxpayers Money
Federal government workers are on edge as a partial government shutdown could extend into the new year. Analysts say closing the government doesn't save taxpayers money, it actually costs them.
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Law & Courts
For Madoff Victims, Scars Remain 10 Years Later
Two of Bernie Madoff's victims share how their lives were affected by the Ponzi scheme that imploded ten years ago. They recovered much of what they invested, but were still harmed by the scam.
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National
Despite Pressure From Trump, The Federal Reserve Will Raise Key Interest Rate
The Federal Reserve ignored pressure from President Trump and announced Wednesday that it will raise its key interest rate a quarter of a point.
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Business
Stock Markets Mostly Recover After Plunging Amid Escalation Of U.S.-China Tensions
Stock prices fell sharply on Thursday as hopes for a lasting trade truce between the U.S. and China faded.
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Business
U.S. And China Remain Far Apart On Key Issues To Resolve Trade War
China and the U.S. have until the end of March to come up with an agreement that would allow them to avoid a further escalation of the trade war. Neither side has been able to agree on an agenda.