In recent weeks, economic turmoil and the role of race in politics have emerged as top national issues. In the second part of the NewsHour’s Big Picture discussion, a group of citizens share their views on the economy and reflect on U.S. race relations. Continue reading
As the value of the dollar falls, the price of imported oil rises, which impacts costs from the gas pump to the grocery store. A reporter from the Wall Street Journal examines the current state of oil prices. Continue reading
As the value of the dollar has fallen, the U.S. economy has had to adjust in a multitude of areas. While some sectors have benefitted from cheaper U.S. exports, others have felt the pinch of inflation. Paul Solman examines the impact of the dollar’s value. Continue reading
Sens. Barack Obama, D-Ill., Hillary Clinton, D-N.Y., and John McCain, R-Ariz., made appeals Thursday to Texas and Ohio voters before their March 4 primary contests. Talk on the stump focused on health care, economy and Iraq war policy. Kwame Holman recaps the day’s campaigning. Continue reading
President Bush played down the possibility of recession Thursday, while Fed Chairman Ben Bernanke explained to Congress the difficulties of balancing rising inflation with a slowing economy. Two senators debate proposals to aid the economy, including a supplemental stimulus package and a bid to expand home foreclosure relief. Continue reading
The Consumer Price Index, the Labor Department’s yardstick of inflation, indicated greater inflation in January than had been anticipated. Paul Solman discusses how the CPI determines inflation and the meaning of this new report. Continue reading
- It’s been a long time since I took Econ. 101, but as I remember, if you keep printing ever-greater amounts of currency, inflation takes on a life of its own.
Question/Comment: It’s been a long time since I took Econ. 101, but as I remember, if you keep printing ever-greater amounts of currency, inflation takes on a life of its own. Isn’t that what we’ve been doing at the rate … Continue reading