Large jobs loses, stock market tremors and a slumping housing market continued to build fears this week of a recession. NewsHour analysts Mark Shields and David Brooks discuss the latest economic developments and reflect on the Martin Luther King, Jr. anniversary. Continue reading
The economy continued its slump in March, sloughing off 80,000 jobs. An economic consultant assesses the latest set of job numbers and what it indicates about the health of the U.S. economy. Continue reading
Federal Reserve Chairman Ben Bernanke on Wednesday told Congress that while the current downturn might be temporary, “a recession is possible.” Continue reading
- I’ve heard the Federal Reserve is not actually federal and has no reserves, it’s a private banking cartel that looks out for the interests of Wall Street, not most Americans.
This installment’s “guest vetter” is Larry Koltikoff with Boston University. He is perhaps the best-known American economist on the issue of intergenerational conflict over entitlement spending on programs like Social Security and Medicare. You can check out his full bio … Continue reading
President Bush and Federal Reserve Chairman Ben Bernanke sought to bolster confidence Friday that U.S. economic growth will recover despite a recent string of bleak economic reports. Two financial reporters examine how the slowdown is impacting American consumers. Continue reading
Question/Comment: As it is with all financial crisis, I guess, a lot of the damage stems from uncertainty. No one knows how much bad debt is out there and who’s holding it. My question is: why is it not possible … Continue reading