Wall Street investors and some in Congress recently have raised concerns about the risk of cash-strapped municipalities defaulting on bonds they issued. Judy Woodruff talks to the National League of Cities’ Chris Hoene and Richard Larkin of Herbert J. Sims and Company, an investment banking firm, about the risks of default. Continue reading
All this week we’ve featured investment advisor Jon Shayne, aka Country-and-Western economist Merle Hazard, warbling his way through the European debt debacle. He started with the pain in Spain and moved on through Erin Go Broke to the tune of … Continue reading
Today’s post introduces the fourth of country singer Merle Hazard’s Euro-shanties, this one taking off on the Ode to Joy from Beethoven’s 9th. Teutonic C&W. Merle (if not Beethoven) will do anything to educationally amuse. So will we.
By “hits,” I mean Merle Hazard’s Golden Newbie Euro-crisis Euro-tunes, as well as the Internet views that they’ve been garnering. Monday’s post: The Pain in Spain Falls Plainly from Merle’s Brain. Yesterday’s: Erin Go Broke. And today, the world debut … Continue reading
Economics correspondent Paul Solman reports on the ongoing fallout from Europe’s debt crisis, which has led to political woes and bank bailouts among other problems. His update is park of his ongoing series on Making Sen$e of financial news. Continue reading
The first of this week’s series of posts from the ever-melodic, ever-economic Merle Hazard debuts today: a ditty on the plight of Spain.
Judy Woodruff talks to Oklahoma City Mayor Mick Cornett and Charlotte, N.C., Mayor Anthony Foxx about their meeting Thursday with President Obama and Vice President Biden, where they addressed how to cope with the economic crunch facing cities across the U.S. Continue reading
Headline unemployment (U-3) was up to 9.8 percent in November, and the government’s broadest indicator, U-6, which includes all who worked at all last month, even if just for an hour — is holding steady at 17 percent. Add in … Continue reading