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PBS News Hour

What we can learn from past stock market crashes

The stock market took another nerve-wracking ride on Thursday, with the Dow Jones Industrials dropping more than 1,000 points. One explanation of this week's jitters is the idea that market prices are out of whack. So how low could we go? Economics correspondent Paul Solman puts today's market in historical perspective -- and it isn't especially reassuring.

California News
Worksite immigration raids are supposed to free up jobs for citizens. Here’s what really happens
Worksite immigration raids are supposed to free up jobs for citizens. Here’s what really happens
Research shows worksite immigration raids can depress local economies as people stay home and stop spending money. So far, they aren’t known to free up jobs for citizens.
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It was a milestone for progressive education in California. Then it unraveled
It was a milestone for progressive education in California. Then it unraveled
The controversy around the state’s once-celebrated ethnic studies curriculum reveals deeper schisms afflicting public schools nationwide
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In a Nation Growing Hostile Toward Drugs and Homelessness, Los Angeles Tries Leniency - KFF Health News
In a Nation Growing Hostile Toward Drugs and Homelessness, Los Angeles Tries Leniency - KFF Health News
A new care center for homeless people on Los Angeles’ infamous Skid Row embraces the principle of harm reduction, a more lenient approach to drug use and addiction. County officials say criminalization only worsens homelessness.
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A Major Wine Company Is Leaving the State, as Gen-Z’s Drinking Habits Shift
A Major Wine Company Is Leaving the State, as Gen-Z’s Drinking Habits Shift
A major wine distributor plans to leave California and lay off nearly 2,000 employees this fall, citing changes in the industry that have made the home state of the U.S.’s wine country an “unsustainable” market amid a national downturn.
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