The Dow tanks on Inauguration Day
What a way to start an administration. As if things weren’t bleak enough already, even as President Obama was giving his inauguration speech, the Dow was plunging, taking its biggest slide ever on an Inauguration Day. Despite billions funneled to the banking system by the federal government, that’s where the crisis in the economy remains rooted. How are we going to get out of this mess? Newsweek’s Dan Gross give his insights on the possible ways for the new President to get things under control, and how long we can expect troubled times to continue.
Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll help us unlock a matching gift of $67,000!