With the global economy in a tailspin, some Latin American countries are feeling the effects of slumping trade and a drop in remittances from people in the United States, while others appear to have been spared for now. Continue reading
President Barack Obama makes his first foreign trip to Canada on Thursday. NewsHour correspondent Tom Bearden reports on what items top Canadians’ agenda, including trade and the economy. Continue reading
Question/Comment: What is the worst case scenario if the consumer becomes a saver? Or if nations, including United States, raise trade barriers? Or if the financial bailout fails? Paul Solman: Hmmm. Well, the first is happening as we speak: Consumers … Continue reading
Paul Solman revisits the port of Long Beach, Calif., just a year after first reporting there, and finds fields of unsold Mercedes and tracts of Toyotas. Read the transcript here.
Even before Hurricane Katrina, the structural flaws of the port of New Orleans, combined with increased shipping volume, strained the infrastructure resource. Ray Suarez examines the port’s struggle to fund improvements and keep up with its competition. Continue reading
Struggles of the U.S. economy come under the spotlight on the third night of the Republican convention. A panel of analysts examines GOP proposals to aid the nation’s economic downturn. Continue reading
The U.S. economy grew at a faster-than-predicted pace this spring, spurred by growing exports abroad and a tax rebate at home, new figures show. Continue reading
T. Boone Pickens, a Texan oil tycoon, has made it his mission to promote massive new investment toward alternative energy sources. Pickens discusses his plan and efforts to make energy independence a central issue in the fall campaign. Continue reading