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| 2009 NOVEMBER
Nov. 13, 2009
Madoff's 'Prisoner Watch' Among Items Set for Auction Block
A trove of Bernard Madoff's belongings seized by U.S. Marshals from the Ponzi schemer's Manhattan penthouse and New York beach home are to set to go on sale Saturday in a government-run auction for victims of his fraud.
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| Nov. 13, 2009
FDIC's Bair on 'Too Big to Fail,' Lessons Learned
Tonight on the NewsHour, FDIC Director Sheila Bair weighs in on the state of the U.S. banking system. In a Web-exclusive excerpt, Bair speaks bluntly about the need to break up banks that are deemed "too big to fail."
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| Nov. 12, 2009
The Overload Factor: Is President Obama Too Busy?
As President Obama departs for Asia, he leaves a full menu of unfinished business at home: two wars to manage, a struggling economy and his push for health care reform, to name a few. Jim Lehrer speaks to a panel of experts about the so-called "overload factor" for presidents.
   
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| Nov. 12, 2009
News Wrap: Falling Oil Prices Pull Markets Down
In other news, falling oil prices drove down U.S. stocks markets, and the Federal Reserve issued a new rule preventing banks from charging overdraft fees on ATM and debit-card withdrawals.
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| Nov. 12, 2009
Home Foreclosures, New Jobless Claims Decline
Foreclosure numbers dropped for the third straight month in October, and new claims for unemployment benefits dropped more than expected last week, according to figures released Thursday.
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| Nov. 11, 2009
States' Budget Woes Threaten Broad Economic Recovery
With the national economy beginning to see glimmers of a comeback, the budget woes of at least 10 states threaten to derail a broad economic recovery. Gwen Ifill reports.
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| Nov. 11, 2009
Fed's Regulatory Powers Challenged Under Senate Plan
More than a year after the economic crisis hit, legislators continue to work on how to reform financial regulation and stave off a future crisis. The latest proposal comes from Sen. Chris Dodd of the Senate finance committee. Financial experts review the plan.
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| Nov. 11, 2009
Ask the FDIC's Sheila Bair Your Questions
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 10, 2009
Counting the Costs of Health Care Reform
Can health care reform change the system and cut costs? Judy Woodruff gets one take from Gail Wilensky, a former administrator of the federal Medicare program.
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| Nov. 10, 2009
Premiums 'Will Go Down' Under Health Bill, Orszag Says
In an interview with Judy Woodruff, Peter Orszag, director of the White House's Office of Management and Budget, outlines how health care reform will reduce medical costs.
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| Nov. 10, 2009
News Wrap: White House Disputes Reports of Afghan Troop Surge
In other news, White House officials insisted President Obama has not decided how many more troops to send to Afghanistan, and a suicide car bombing in Pakistan killed at least 24 people.
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| Nov. 10, 2009
Competing Senate, House Financial Reform Bills Differ Over Fed's Role
Senate Banking Committee Chairman Chris Dodd, D-Conn., unveiled legislation Tuesday that would dramatically reform how U.S. banks are regulated. The bill differs from legislation moving through the House of Representatives on several key issues.
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| Nov. 10, 2009
How Will the Downturn Affect the Gambling Economy?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 9, 2009
News Wrap: G-20 Stimulus Pledge Boosts Markets
In other news, the Dow Jones industrial average closed at a 13-month high after G-20 nations pledged to continue stimulus efforts, and Iraq set a date for national elections.
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| Nov. 9, 2009
Student Questions: Is the Recession Over?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 6, 2009
Shields, Brooks Examine GOP's 'Morale Boost'
Columnists Mark Shields and David Brooks sort through the week's news, including impending health care legislation and a worsening job market.
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| Nov. 6, 2009
Freelancers Struggle As Unemployment Worsens in U.S.
As part of his Making Sen$e series on the financial crisis, Paul Solman looks at how freelancers are faring in the declining job market.
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| Nov. 6, 2009
Unemployment Hits 26-Year High Despite Economic Growth
The U.S. Labor Department announced that unemployment jumped to over 10 percent on Friday, the highest it's been since 1983. Jeffrey Brown talks to an economist for more.
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| Nov. 6, 2009
Freelancers Lack Safety Net When Jobs Are Scarce
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 6, 2009
U.S. Jobless Rate Hits 10.2%, Highest in 26 Years
U.S. unemployment rose more than expected to a 26-year high of 10.2 percent, shedding 190,000 jobs in October, according to figures released by the Department of Labor Friday.
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| Nov. 5, 2009
Hedge Fund World Rocked by Insider-trading Charges
Judy Woodruff speaks with a Financial Times reporter about 14 people facing insider-trading charges for allegedly netting $20 million in illegal profits.
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| Nov. 5, 2009
Obama Expected to Sign Extended Unemployment Benefits, Homebuyer Credit
The House voted overwhelmingly Thursday to extend aid to jobless workers and offer tax breaks to homebuyers. President Obama was expected to sign the measure on Friday. Ray Suarez reports.
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| Nov. 5, 2009
Other News: Stocks Rally on Falling Jobless Claims
In other news, falling weekly jobless claims contributed to a Wall Street rally, and there are new warning signs that the U.S. might be facing a shortage of the seasonal flu vaccine.
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| Nov. 5, 2009
Reinhart and Rogoff Answer Questions on the History of Financial Crises
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 5, 2009
Aid for Jobless, Homebuyers Clears Congress
Congress has passed legislation that would expand a popular homebuyer's tax credit and extend unemployment benefits in a bid to breathe more life into the struggling American economy.
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| Nov. 5, 2009
Student Questions: The Unemployment Outlook
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 4, 2009
Student Questions: Health Care and Education
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 4, 2009
Christie's Art Sale Underwhelms Buyers
In the first autumn auction held Tuesday evening at Christie's in New York, total sales fell short of pre-sale estimates -- only $65.6 million instead of $68.6 to $97.1 million -- making for a slow start to the U.S. art market season.
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| Nov. 4, 2009
GM Reversal on Opel Deal Rankles German Officials
In a surprise reversal that has left politicians across Germany fuming, General Motors' board has voted to abandon a deal to sell its European operations to car-parts supplier Magna International Inc. and Russian bank Sberbank.
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| Nov. 3, 2009
Stimulus Money Trickling Into the Classroom
John Tulenko of Learning Matters Television explores how stimulus money is making its way into classrooms in upstate New York.
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| Nov. 3, 2009
Madoff Accountant Pleads Guilty in Federal Court
The consequences of Bernard Madoff's Ponzi scheme continue to trickle down as his accountant pleaded guilty to criminal charges. Judy Woodruff reports.
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| Nov. 3, 2009
Auto Industry on the Road to Recovery?
The auto industry signaled recovery after GM reported a sales gain and Ford announced an unexpected profit. Jeffrey Brown reports.
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| Nov. 3, 2009
Other News: Gubernatorial Contests Held in Key States
In other news, the Taliban denied that the Pakistani army has made gains against militants, and ballots starting rolling in as the key states of Virginia and New Jersey voted for governors.
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| Nov. 2, 2009
Kindle, Price War Changing the Way We Read
Jeffrey Brown explores the shifting world of book publishing, and examines how technology and readers are changing the industry.
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| Nov. 2, 2009
Taxpayers' $2.3 Billion 'Gone' in CIT Bankruptcy
The recession claimed another major financial institution, as lending giant CIT filed for bankruptcy after months of struggling to keep the company, which funds about 1 million small- to medium-sized businesses, afloat.
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| Nov. 2, 2009
Arrogance, Ignorance Recurring in Economic History
Paul Solman speaks with economists Carmen Reinhart and Ken Rogoff about the financial crisis and how it compares to previous economic meltdowns.
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| Nov. 2, 2009
Other News: Bomb Kills 35 as Pakistan Violence Continues
In other news, a suicide bombing in Pakistan killed 35 people, and Secretary of State Clinton was criticized by Arab states for her talks with Israel.
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| Nov. 2, 2009
CIT Bankruptcy Produces Winners and Losers
CIT, a major lender to small U.S. businesses, filed on Sunday for one of the largest Chapter 11 bankruptcy protections in history.
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| Nov. 2, 2009
Ask Rogoff and Reinhart Questions About the History of Financial Failures
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 2, 2009
Ford Posts Surprise Profit, Expects Profit in 2011
Ford Motor Co., the only U.S. automaker to avoid bankruptcy this year, posted a surprise $997 million profit in the third quarter and said it expects 2011 to be "solidly profitable." The report sent Ford's shares up 8.3 percent in premarket trading.
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| OCTOBER
Oct. 30, 2009
Shields and Brooks on 'New Candor' with Pakistan, Biden's Poll Numbers
Columnists Mark Shields and David Brooks discuss the top stories of the past week, including Hillary Clinton's visit to Pakistan, Vice President Joe Biden's poll numbers, and upcoming elections in New Jersey and Virginia.
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| Oct. 30, 2009
With Jobs Still Elusive, White House Defends Stimulus
President Obama's $787 billion stimulus package has saved or created about 650,000 jobs, the White House said Friday. But with unemployment at a 26-year high, the administration is facing increased criticism about ongoing weakness in the labor market.
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| Oct. 30, 2009
News Wrap: Stocks Slide on Weak Consumer Spending
In other news, stocks dropped on Friday on news of weak consumer spending, and the White House said it was unhappy with the output of swine flu vaccine.
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| Oct. 30, 2009
Stimulus Created, Saved 650,000 Jobs, White House Says
More than 650,000 jobs have been created or saved by the government's fiscal stimulus program, the White House said Friday.
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| Oct. 29, 2009
Economy Shows New Signs of Growth, but Jobs Still Lag
The U.S. economy ended a year of contraction in the third quarter, expanding by 3.5 percent. While much of the growth is being attributed to President Obama's $787 billion stimulus plan, critics continue to ask, when will jobs return?
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| Oct. 29, 2009
U.S. Economy Rebounds 3.5% in Third Quarter
The U.S. economy expanded at a 3.5 percent annual pace from July to September, according to Commerce Department figures released Thursday, in a signal that the worst recession since the 1930s may be easing.
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| Oct. 28, 2009
Crackdown Targets Banks Deemed 'Too Big to Fail'
The head of a key House committee unveiled legislation Wednesday that would grant the federal government sweeping new powers to police giant financial firms. Jim Lehrer talks to two financial analysts about the debate over "too big to fail" institutions.
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| Oct. 28, 2009
Other News: Obama Expands Hate Crimes Law
In other news, President Obama signed an expansion of the federal hate crimes law, and new home sales fell unexpectedly by 3.6 percent in September.
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| Oct. 28, 2009
Reports: GMAC in Talks to Receive Third Bailout from Government
GMAC, the consumer finance company and onetime subsidiary of GM, is reportedly in talks with Treasury to receive a fresh lifeline of up to $5.6 billion in aid, on top of the $12.5 billion the government has already injected into the company.
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| Oct. 28, 2009
How Will the Fannie and Freddie Takeovers Affect U.S. Debt?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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