A new poll reveals that many Americans are more optimistic and confident about the general economy’s recovery than they are about their own personal financial situations. The Hotline’s Amy Walter assesses the new data. Continue reading
Columnists Mark Shields and David Brooks discuss the week’s news, including reaction to President Barack Obama’s economic recovery efforts and what role the government should take in easing the financial crisis. Continue reading
As fears over the economic crisis continue to erode investors’ confidence, markets at home and abroad are feeling the effects. Financial analysts discuss how the markets relate to the realities of the economic turmoil. Continue reading
On Tuesday, Dec. 16, Paul Solman looked at the psychological causes and effects of low consumer confidence through the holiday season.
Investors looking for a bargain in devalued stocks helped the Dow Jones industrials soar nearly 900 points, the second-biggest one-day point gain ever, on Tuesday. Continue reading
Question/Comment: Over the past few weeks, we have gone to extreme measures to save economies around the world. Treasuries and central banks to date have used multiple tools to ease this crisis such as, lowering Interest rates, pumping billions of … Continue reading
The U.S. financial meltdown has become a globalized crisis, spreading to Europe and emerging markets. The managing director of the International Monetary Fund explains the importance of restoring confidence among banks and consumers, coordinating efforts among countries and the IMF’s role. Continue reading
- Doesn’t Bear Sterns hiding of their problems while continuing to sell mortgage-backed securities as if all was well constitute fraud?
Question/Comment: Bear Sterns did not go under overnight. Unless they are incompetent, the executives must have known what was happening for at least a year, maybe longer. So how come they took hundreds of millions in salary and bonuses (maybe … Continue reading
After returning stateside from the Iraqi battlefield, wounded soldiers are turning to alternative forms of therapy to rehabilitate themselves. NewsHour correspondent Tom Bearden reports on a Colorado ski week aimed at healing wounded Iraq war veterans. Continue reading