Major retailers like Best Buy and Toys “R” Us are seeing longer lines this year and hoping it translates into higher sales for the holiday shopping season. But Yahoo! Finance economics editor Daniel Gross says it takes more than good sales on Black Friday to lift the economy. Continue reading
Elizabeth Warren, the head of the Consumer Financial Protection Bureau, talks to Jeffrey Brown about the goals of her new agency and how she plans to empower Americans to make better financial choices. Continue reading
A business research group reported that U.S. consumers and business executives have a pessimistic outlook for the future, noting consumer confidence was the lowest since February. Continue reading
President Obama named Harvard law professor Elizabeth Warren to head a new consumer financial protection agency, but the nomination does not require Senate confirmation — a move that irked some. Judy Woodruff speaks with banking consultant Bert Ely and UCLA law professor Lynn Stout on what is expected for banks and consumers. Continue reading
Nostalgia for the East — or ‘ostalgie,’ a portmanteau combining the words ost (‘east’) and nostalgie (‘nostalgia’) — has taken hold in contemporary, unified Germany.
Editor’s note: Paul recently sat down with author and professor Ellen Ruppel Shell to discuss her new book, Cheap: The High Cost of Discount Culture. At the heart of Shell’s premise is the idea that our love of discount and … Continue reading
Paul Solman: Earlier this month, I was pleased to learn that one of the most intriguing economists of my career span, the University of Chicago’s Richard Thaler, had entered the rotation of the NYT’s weekly “Economic Scene” column. His initial … Continue reading
Paul Solman: Viewer John David wrote these questions in an email back in April, responding positively to an interview with marketing expert Paco Underhill, which aired again last night. I only just got around to answering him, which began the … Continue reading