Paul Solman answers questions from NewsHour viewers and site visitors on business and economic news most days on his Making Sen$e page. Here’s Monday’s query: Name: Michael Cassady Question: Paul, If the U.S. consumer market is the economic driver of … Continue reading
Name: Michael Cassady Question: Paul, If the U.S. consumer market is the economic driver of the U.S. economy, and that of China too, with middle-class incomes stagnant, and consumer debt more controlled following the housing market bubble, how many jobs … Continue reading
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