Grade 9-12
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Video

Making Sen$e with Paul Solman: Amid Debt-Ceiling Drama, Interest Rates Have Hardly Followed the Script

Updated: August 1 2011,
Author: barrel fan
Teacher Version

Standards

State Standards

Concepts

Budget Deficits and Public Debt, Credit, Decision Making/Cost-Benefit Analysis, Demand, Financial Markets, Interest, Investing, Risk and Return
 Open Video

On Wall Street, stocks initially rallied Monday on the news of a debt-ceiling deal, but a weak report on manufacturing killed the surge. Economics correspondent Paul Solman reports on the financial world’s reactions to the drama over a debt deal as part of his series on Making Sen$e of financial news.