Nightly Business Report (PBS) - 2005-09-20

Name: Nightly Business Report (PBS) - 2005-09-20
Uploaded: 2026-01-07
Duration: 1608 s
Channel: malgent
Description: Read a transcript preview of “Nightly Business Report (PBS) - 2005-09-20” from malgent, uploaded on 2026-01-07.

Channel: malgent

Uploaded: 2026-01-07

Duration: PT1608S

Read a transcript preview of “Nightly Business Report (PBS) - 2005-09-20” from malgent, uploaded on 2026-01-07.

Transcript preview

Language: English (YouTube automatic captions)

[0:00] Quality of life in Oregon.

[0:04] The Federal Reserve raises interest

[0:06] rates a quarter point despite

[0:07] uncertainty posed by Hurricane Katrina.

[0:09] [music] It's the 11th straight move

[0:11] higher. We'll ask a former Fed governor

[0:13] if more hikes are coming. That Fed

[0:15] [music] decision causes stocks to move

[0:17] lower. The Dow falls 71 points. The

[0:19] NASDAQ slipped 12. Then oil makes a big

[0:22] move downward despite Hurricane Rita

[0:25] which could threaten oil [music]

[0:26] operations in the Gulf of Mexico. I'm

[0:28] Susie Gar. This is Nightly Business

[0:30] Report for Tuesday, [music] September

[0:32] 20th.

[0:34] >> Nightly Business Report is made possible

[0:37] [music] by

[0:43] Objective Financial Advice. It's right

[0:45] for any nest egg, regardless of size. AG

[0:48] Edwards for 118 years, [music] fully

[0:51] invested in our clients.

[0:54] Franklin Templeton Investments providing

[0:56] a unique perspective through the

[0:58] specialized investment expertise [music]

[1:00] of Franklin Templeton Mutual Series and

[1:03] Fiduciary Trust. Franklin Templeton

[1:06] Investments gain from our perspective.

[1:10] This program was made possible by

[1:13] contributions to your PBS station from

[1:16] viewers [music] like you. Thank you.

[1:19] >> Good evening everyone. First Katrina,

[1:21] now is Rita. Hurricane Rita gained

[1:24] strength today, transforming itself from

[1:26] a tropical storm into a dangerous

[1:28] category 2 hurricane. The storm swept

[1:30] past the Florida Keys, walloping South

[1:32] Florida with heavy rain and strong

[1:34] winds. Rita also had an effect on

[1:37] Nightly Business Report. It forced the

[1:39] shutdown of our studios in Miami. So,

[1:42] we're coming to you tonight with a

[1:43] limited