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TOPIC   BUSINESS & ECONOMY

2008 DECEMBER
Dec. 31, 2008
Report
Venture Capitalists Look to Green Businesses for Boom
A recent surge in investments by venture capitalists in eco-friendly businesses is possibly triggering a boom in green and clean technology. Analysts report on the green market and its ability to make money while saving oil.

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FUNDED IN PART BY: National Science Foundation


Dec. 31, 2008
Blog
For Arts Funding, 2008 Was a Rough Year
As the clock ticks down on 2008's roller coaster of economic turmoil and time runs out for charitable giving this year, non-profits are under pressures they weren't feeling a year ago and communities are struggling to support art programs during the downturn.


Dec. 31, 2008
Blog
Are Ethics Taught in Finance and Business?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 30, 2008
Update
Consumer Confidence Hits Record Low
More gloomy news emerged on the U.S. economic front Tuesday as consumer confidence fell to a record low in December and new data showed home prices dropped by the sharpest annual rate on record in October.


Dec. 29, 2008
Blog
Where Should I Spend My Hard Earned Money?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 26, 2008
Analysis
Shields, Gerson Reflect on Historic Year, Challenges Ahead
After a year that saw a global economic crisis develop and a historic presidential election take place, Mark Shields and Michael Gerson look back on 2008's news highlights and discuss what to expect in the year to come.

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Dec. 26, 2008
Update
Researchers Hope Obama Team Will Reinvigorate Role of Science Adviser
Scientists and scientific organizations hailed President-elect Barack Obama's choice of top science advisers as a "dream team" this week.


Dec. 26, 2008
Report
With Economy in Shambles, Congress Turns Focus to Middle Class
As the economy continues in a downward spiral, members of Congress on both sides of the aisle are concentrating on serving the needs of the middle class. Kwame Holman speaks to legislators preparing to tackle the economic crisis.

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Dec. 26, 2008
Analysis
Nobel Laureates Trace How the Economy Began to Fall Apart
The subprime mortgage meltdown and subsequent downward spiral caught some officials and the public off guard. Yet there were some clear indicators of the impending crisis. Paul Solman speaks to two Nobel award-winning economists about how the economy began to unfurl.

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Dec. 26, 2008
Report
Economic Downturn Threatens California's Health Care System
Recent economic problems have created budget shortfalls in many states, but California is worse off than most. Faced with a massive deficit, state lawmakers might have to raise taxes or cut health care services. Betty Ann Bowser reports.

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Dec. 26, 2008
Report
Weak Holiday Shopping Season Brings Little Cheer for Struggling Retailers
The holiday season was anything but merry for retailers this year; sales fell by double-digits in several categories, making this shopping season one of the worst in decades. An analyst examines the impact on the economy.

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Dec. 25, 2008
Blog
How Do Senate vs. Detroit Worker Wages Compare on an Hourly Basis?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 25, 2008
Conversation
Worsening Economic Crisis Stops Short of Depression
Nobel laureate and economist Robert Solow offers his thoughts on the severity of current economic turmoil and the chances of the situation leading to another Great Depression in a conversation with Paul Solman.

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Dec. 25, 2008
Conversation
Charities Feel the Pinch During Economic Crisis
Charitable groups across the country are feeling the pinch as the economic crisis has frozen people's pocketbooks and slowed rates of charitable giving. Philanthropy executives give an update.

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Dec. 25, 2008
Report
Foreclosure Crisis Brings Challenges, Opportunities to Stockton, Calif.
The economic downturn in Stockton, Calif., one of the first communities in the country to experience the foreclosure crisis, is bringing challenges and opportunities there. Spencer Michels reports from the central California city.

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Dec. 24, 2008
Analysis
Following the Bailout Money Trail Yields Few Answers
With about half of the federal bailout allocation spent, questions remain about how exactly recipient banks used the money. Analysts give an update on where this $350 billion has gone.

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Dec. 24, 2008
Analysis
Toyota's Losses Reflect Troubles Across the Global Economy
With car sales plummeting, giant automaker Toyota Motor Corp., posted its first operating loss in 71 years. Economic analysts examine what impact the company's massive losses will have on the global economy.

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Dec. 24, 2008
Blog
How Do Some Businesses Remain Prosperous While Others Fail?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 24, 2008
Blog
Do You Think FDR's Big Goverment Investment Efforts Helped End the Depression?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 24, 2008
Blog
Innovative Program Uses Business Methods to Teach Job Skills
Paul Solman examined an innovative social entrepreneurship program that uses business methods to achieve social change for at-risk urban youth.


Dec. 24, 2008
Update
Consumer Spending, Durables Goods Orders Drop as Jobless Claims Rise
The Commerce Department reported Wednesday that consumer spending fell for a fifth straight month in November, and Americans' incomes dropped as well, partially reflecting massive job layoffs.


Dec. 23, 2008
Report
Program Helps At-Risk Youth Find Corporate Jobs
To alleviate the 30 percent unemployment rate among urban youth, the Year Up program gives at-risk youth lessons in corporate culture and work ethic. Paul Solman reports on this approach to training young, would-be entrepreneurs.

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Dec. 23, 2008
Analysis
Report Unearths Regulatory Failures in IndyMac Case
Financial regulatory efforts apparently failed in the case of IndyMac, which was reportedly allowed to alter records to appear stronger than it was shortly before the sub-prime meltdown. Analysts take a closer look.

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Dec. 23, 2008
Update
Sagging Home Sales, GDP Highlight Dour Economic Reports
Despite an uptick in consumer confidence in December due to declining prices, most of Tuesday's economic news was gloomy, led by a shrinking economy and falling corporate profits and home sales.


Dec. 23, 2008
Blog
I'm Not Sure It's My Responsibility to Shop to Keep Businesses Afloat.
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 23, 2008
Blog
In Case You Missed It: Infrastructure Projects and Economic Growth
On Monday's NewsHour, Paul Solman examined whether big infrastructure projects, such as the one being considered by President-elect Barack Obama, are an effective way to create new jobs and stimulate the economy.


Dec. 22, 2008
Blog
LA MOCA Accepts Financial Help From Philanthropist, Director Resigns
The Los Angeles Museum of Contemporary Art has agreed to accept $30 million in financial assistance from billionaire philanthropist Eli Broad.


Dec. 22, 2008
Essay
Holiday Season Brings Solemn Reflections
Essayist Nancy Gibbs takes a look at the challenges at hand during a holiday season marked by economic recession.

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Dec. 22, 2008
Analysis
Details Scarce on How Banks Are Spending Rescue Funds
With half of the $700 billion in financial industry rescue funds already allocated, new questions are emerging over exactly how banks have used the money. A financial reporter and a top GAO official examine the issue.

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Dec. 22, 2008
Report
Infrastructure Spending May be Key to Boosting Economy
Some economists believe increasing government spending on infrastructure is the only way out of the nation's economic crisis. Paul Solman reports on how infrastructure spending may be a crucial way to resuscitate the economy.

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Dec. 22, 2008
Analysis
Obama Expands Job Growth Goals as Part of Broad Stimulus Proposal
President-elect Barack Obama is planning to create or preserve three million jobs over the next two years through a series of government construction projects and a massive stimulus plan. A Washington Post reporter takes a closer look at Mr. Obama's job growth goals.

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Dec. 22, 2008
Blog
Why Ease Credit, But Not Increase Wages?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 22, 2008
Update
Toyota Projects First Operating Loss in 71 Years
Toyota Motor Corp., the world's second largest automaker, predicted its first operating loss in 71 years, based on shrinking demand for vehicles and a surging yen.


Dec. 19, 2008
Analysis
Shields and Brooks Examine Auto Plan, Blagojevich Case, Kennedy's Senate Bid
This week, the White House announced an aid package to keep the Big Three afloat, and Gov. Rod Blagojevich denied accusations of plotting to sell President-elect Obama's senate seat. Mark Shields and David Brooks offer their analysis.

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Dec. 19, 2008
Analysis
Impact of Recession Felt in Communities Across U.S.
The economic downturn is affecting communities across the country in varied ways. Business reporters give an update on what their regions are experiencing.

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Dec. 19, 2008
Debate
Rescue Plan Would Force Auto Companies to Restructure
President Bush has unveiled a $17 billion automaker rescue plan that will force the companies to restructure in order to remain competitive. A White House economist and a congressman debate the package.

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Dec. 19, 2008
Blog
What Needs to Happen For the Recession to Be Short?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 19, 2008
Forum
The Madoff Financial Fraud
Bernard Madoff, a prominent Wall Street money manager, is accused of defrauding investors and institutions of nearly $50 billion in what could be one of the biggest investor scams ever.


Dec. 19, 2008
Slide Show
After Years of Struggle, East St. Louis Aims for Economic Revival
Hit hard by a decline in its industrial base, East St. Louis has struggled with high rates of poverty and crime for years. But the mayor, developers and groups of citizens are determined to usher in a renaissance for the Illinois river city.


Dec. 19, 2008
Blog
Which Is It: Spend or Save?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 19, 2008
Update
White House Announces $17.4 Billion Auto Rescue
The Bush administration announced a rescue plan for the sinking U.S. auto industry Friday, offering $17.4 billion in loans conditioned on concessions from carmakers and a return to viability by March 31.


Dec. 18, 2008
Blog
Are Banks Really Making Short Term Loans to Other Banks for Zero Interest?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 18, 2008
Blog
People Keep Spending. Has Anything Changed?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 18, 2008
Update
Automakers Idle Plants While Awaiting Federal Action
Faced with historically slow sales, the big three auto companies have made more cost-cutting moves, including temporarily shuttering plants, in an attempt to stay afloat while the government debates an auto industry aid package. A reporter in Detroit provides an update.

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Dec. 18, 2008
Analysis
New Financial Team to Tackle Obama's Calls for Oversight
President-elect Barack Obama called for more regulatory reform as he announced his picks for key financial positions, and tapped veteran securities regulator Mary Schapiro to head the Securities and Exchange Commission.

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Dec. 18, 2008
Update
Chrysler, Ford Announce Plans to Shutter Plants
Chrysler LLC is closing all 30 North American manufacturing plants for at least a month, the company's latest cost-cutting move as the big three auto makers struggle to stay afloat while waiting for a government decision on aid to the industry.


Dec. 17, 2008
Report
Colo. Project Teaches Job, Life Skills to Help Women Combat Poverty
Armed with $500 worth of beans, two women founded a non-profit group in Denver to empower impoverished women by teaching them workplace skills and providing jobs to the chronically homeless and unemployed. Spencer Michels reports.

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Dec. 17, 2008
Analysis
SEC Looks Inward at Regulators' Handling of Madoff Case
The SEC chairman has criticized his own agency's failure to investigate warnings about Bernard Madoff, who is accused of a massive fraud scheme. Analysts examine the SEC's inquiry.

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Dec. 17, 2008
Blog
LA MOCA Weighs Options in Face of Financial Struggles
The Los Angeles Museum of Contemporary Art (MOCA) is struggling to keep its doors open and hold onto one of the world's best collections of post-World War II art. The museum's board of trustees will meet Thursday and is expected to decide among two competing rescue offers.


Dec. 17, 2008
Update
OPEC Agrees to Record Output Cut to Combat Falling Oil Prices
Oil prices fell to their lowest level in four years Wednesday, despite news that the Organization of the Petroleum Exporting Countries agreed to a larger-than-expected oil production cut of 2.2 million barrels per day.


Dec. 17, 2008
Blog
Is the Bernard Madoff Financial Fiasco Tied to the Global Economic Meltdown?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 17, 2008
Update
SEC Chief Rebukes Own Agency in Madoff Case
The Securities and Exchange Commission issued an unusual rebuke of its own regulators Tuesday night over its failure to investigate Wall Street money manager Bernard Madoff, now accused of widespread fraud that bilked investors of billions.


Dec. 17, 2008
Blog
In Case You Missed It: Low Consumer Confidence Limits Holiday Spending
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 16, 2008
Analysis
Madoff's Wall Street Schemes Snare Several Prominent Investors
The size of the scandal surrounding Wall Street trader Bernard Madoff's alleged fraud continues to unravel, drawing in charities, foundations and top investors. Mort Zuckerman, the head of a charitable trust caught up in the schemes, and an SEC analyst offer insight.

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Dec. 16, 2008
Report
Restoring Consumer Confidence Proves Tricky Task
The Fed's dramatic interest rate cut is an attempt to increase borrowing and spending. While the government tries to tamp down fears that are lowering consumer confidence, Paul Solman examines what it takes to report the economic indicator.

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Dec. 16, 2008
Analysis
Fed Employs Bold Rate Cut to Boost Economic Growth
The Fed slashed the target for a key interest rate to a record low of zero percent to a quarter point on Tuesday. Financial analysts examine the possible impact of the Fed's move.

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Dec. 16, 2008
Update
Federal Reserve Cuts Key Rate to Record Low
The Federal Reserve cut a key interest rate to an all-time low target range of zero to 0.25 percent Tuesday in an effort to fight the deepening recession.


Dec. 16, 2008
Blog
How Much Globalization Versus Nationalism is Needed Right Now?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 15, 2008
Blog
What is the Role of the Board of Directors for Corporations?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 12, 2008
Update
Prominent Trader Charged With Multi-billion-dollar Fraud
A prominent Wall Street trader was arrested on charges of massive fraud that may cost investors $50 billion. Wall Street Journal reporter Tom Lauricella discusses what may be the largest fraud scheme in the history of Wall Street.

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Dec. 12, 2008
Analysis
Shields and Brooks Mull Auto Rescue, Blagojevich Scandal
Political news took a dramatic turn this week with the corruption charges levied against Illinois Gov. Rod Blagojevich. Mark Shields and David Brooks mull the Blagojevich story and the debate over aid for automakers.

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Dec. 12, 2008
Analysis
Automakers Look to White House to Revive Bailout Hopes
The White House said Friday it may use funds from the $700 billion financial bailout package to aid struggling U.S. automakers after the Senate rejected a rescue plan. Analysts discuss the debate over the bailout.

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Dec. 12, 2008
Newsmaker Interview
UAW Chief Gettelfinger Defends Position on Wage Cuts
The White House said Friday it may use funds from the $700 billion financial bailout package to aid struggling U.S. automakers after the Senate rejected a rescue plan. UAW head Ron Gettelfinger explains his position.

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Dec. 12, 2008
Blog
Why Aren't the Big Three Automakers More Successful?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 12, 2008
Update
White House Weighs Action on Auto Rescue
The White House said Friday it was considering tapping the $700 billion financial industry bailout fund to prevent the collapse of the ailing U.S. auto giants after the Senate failed to reach a compromise on a rescue package for Detroit's Big Three.


Dec. 11, 2008
Analysis
Despite Growing Audience, NPR Cuts Programming, Staff Amid Economic Troubles
National Public Radio announced Wednesday that it will cancel two programs and lay off 64 staff members -- its first staff cuts in 25 years. Ellen Weiss, NPR's senior vice president for news, discusses the cuts and the recession's worsening effects on the media.

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Dec. 11, 2008
Blog
What is the "Real Economy"?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 11, 2008
Update
U.S. Unemployment Claims Hit 26-Year High
More than 570,000 people filed initial applications for jobless benefits during the first week of December, the highest one-week filing rate in 26-years, the Labor Department said Thursday.


Dec. 11, 2008
Update
GOP Could Put Brakes on Auto Rescue Bill
As a compromise deal between Democrats and the White House to extend $14 billion in emergency loans to struggling U.S. automakers moves forward, it faces strong opposition by some GOP lawmakers.


Dec. 10, 2008
Analysis
Investors Turn to Low-risk Securities With Little Return
As economic turmoil continues to rock the financial market, some investors are more willing to buy U.S. Treasury securities with low or zero yields in the short term. Analysts examine how the struggling economy is driving investors to minimal-risk investments.

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Dec. 10, 2008
Blog
What is Free Trade?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 9, 2008
Report
College Students Squeezed by Rising Costs, Less Aid
More college students and their families are struggling to afford tuition at public institutions due to increasing costs and state funding cuts in education. John Tulenko of Learning Matters Television takes a look at the impact of rising higher education costs in the second of a two-part series.

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Dec. 9, 2008
Debate
Congress Debates Details of Automaker Rescue Plan
Senate leaders continued to hammer out details of a rescue plan for U.S. automakers Tuesday, including limits on executive compensation and federal oversight of industry restructuring. Sens. Chris Dodd, D-Conn., and Richard Shelby, R-Ala., debate the plan's merits.

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Dec. 9, 2008
Blog
What Are the Top U.S. Industries?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 8, 2008
Blog
If Big Companies Need Help, Then Why Do the CEO's Still Get Huge Bonuses?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 8, 2008
Analysis
Media Giant Tribune Co. Files for Bankruptcy Protection
Media conglomerate Tribune Co. filed for federal bankruptcy protection Monday, as the owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and several other newspapers and TV stations tries to restructure its debt of $13 billion. Three analysts discuss the company's future.

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Dec. 8, 2008
Report
Student Debt Rising as College Costs Continue to Climb
Higher education costs have increased by 439 percent since 1982, according to a National Center for Public Policy and Higher Education report. NewsHour special correspondent for education John Merrow looks at the rising burden of education debt.

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Dec. 8, 2008
Analysis
Auto Rescue Plan Advances as Congress, White House Near Deal
Congressional leaders are hammering out a deal with the White House to offer General Motors and Chrysler $15 billion in low-interest loans. Two reporters discusses the details.

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Dec. 8, 2008
Blog
Could You Help Me Understand Credit Default Swap in Terms of Purchasing a Car?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 8, 2008
Update
Tribune Co. Files for Bankruptcy Protection
Media conglomerate Tribune Co. filed for bankruptcy protection Monday, as the owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and several other newspapers and TV stations tries to restructure its debt of $13 billion.


Dec. 8, 2008
Blog
Could You Help Me Understand Credit Default Swap in Terms of Purchasing a Car?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 8, 2008
Update
Markets See Early Lift on Infrastructure, Auto Bailout Plans
U.S. stocks enjoyed an upbeat opening Monday as investors reacted to President-elect Barack Obama's plan to launch an infrastructure spending package to boost job growth and news that a deal on bailing out Detroit's Big Three automakers may be near.


Dec. 5, 2008
Analysis
Economy's Stumbles, Obama's Cabinet Top Week's News
Columnists David Brooks and Ruth Marcus weigh the news of the week, including rising job losses, the auto industry bailout and President-elect Barack Obama's latest Cabinet picks.

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Dec. 5, 2008
Analysis
Soaring Job Losses May Signal Deepening Recession
U.S. employers cut 533,000 jobs in November, the most in 34 years, pushing the unemployment rate to 6.7 percent. Columnist Steven Pearlstein and economist Lakshman Achuthan examine what the new job figures indicate.

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Dec. 5, 2008
Blog
The Economy, Your Pocketbook and the Recession
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 5, 2008
Update
U.S. Calls for Zimbabwe's Mugabe to Resign as Power-sharing Deal Falters
U.S. Secretary of State Condoleezza Rice increased pressure on Zimbabwe's President Robert Mugabe to leave office after his government stalled on a power-sharing deal with the opposition party.


Dec. 5, 2008
Update
U.S. Employers Slash 533,000 Jobs; Unemployment Rate Jumps to 6.7%
U.S. employers cut 533,000 jobs in November, the most in 34 years, sending unemployment up two-tenths of a point from October to 6.7 percent, the highest in 15 years, the Labor Department reported Friday.


Dec. 4, 2008
Analysis
Treasury Considers New Plan to Push Mortgage Rates Lower, Boost Home Sales
In an effort to boost the economy, Treasury Department officials are considering a plan to push mortgage rates lower. Reporters and analysts weigh the pros and cons of such a move.

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Dec. 4, 2008
Report
Auto Execs Make Bailout Case to Skeptical Lawmakers
Executives of Detroit's Big Three auto companies appeared before the Senate Banking Committee Thursday to renew their much-debated request for billions in federal aid. Judy Woodruff reports on the hearing.

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Dec. 4, 2008
Update
Global Banks Chop Interest Rates as Crisis Grows
More central banks across the world cut interest rates Thursday, hoping to quash a global economic slump that is spreading faster than policymakers had anticipated.


Dec. 4, 2008
Update
Auto Execs Renew Case for Government Aid
Leaders of Detroit's Big Three automakers returned to Capitol Hill Thursday to renew their case for an expanded $34 billion rescue package, but heard fresh skepticism from lawmakers on their plea.


Dec. 3, 2008
Newsmaker Interview
Ford CEO Promises Shift to Smaller Cars, Greater Efficiency if Industry Survives
By the week's end, lawmakers will review business plans submitted Tuesday by Detroit's Big Three. Ford CEO Alan Mulally explains his auto company's proposal to avoid bankruptcy.

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Dec. 3, 2008
Blog
The Whole World is Drowning, How Long Before Somebody Turns Off the Faucet?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 3, 2008
Update
Riots Break Out as Zimbabwe Faces Cholera Epidemic, Hyperinflation
Doctors, teachers and union members clashed with riot police in the streets of Zimbabwe's capital of Harare as they protested the country's deepening economic meltdown and a cholera epidemic that has been blamed on poor infrastructure.


Dec. 3, 2008
Update
Rising Tuition, Credit Crunch Threaten Affordability of Higher Education
A new study on American higher education gave all but one state a failing grade on affordability, and warned that college could soon be out of reach for most Americans.


Dec. 2, 2008
Analysis
Governors Press Their Case for Economic Recovery Plan
President-elect Barack Obama met with state leaders at the National Governors Association conference Tuesday to help shape an economic recovery plan. A panel of governors describes how states are handling the financial downturn.

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Dec. 2, 2008
Forum
Lessons From Presidents Past
As President-elect Barack Obama prepares to take office amid an economic crisis and conflicts overseas, the experiences of former presidents Abraham Lincoln and Franklin D. Roosevelt are being regularly recalled, including by Mr. Obama himself.


Dec. 2, 2008
Blog
Why Didn't Bankruptcy Work For Lehman Brothers?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 2, 2008
Blog
Are These Economic Problems Caused By Too Many People on Earth?
Paul Solman answers questions on business and economic news on "The Business Desk."


Dec. 2, 2008
Update
Big Three Automakers Submit Plans to Congress
The three biggest U.S. automakers -- Ford Motor Co., General Motors Corp., and Chrysler LLC -- submitted plans to Congress on Tuesday, in hopes of getting a line of credit from the government to keep their companies in business.


Dec. 1, 2008
Update
Stocks Pummeled as Recession Becomes Official
A group of academic economists confirmed on Monday suspicions that the troubled U.S. economy is in a recession, saying the economic downturn began in December 2007.


Dec. 1, 2008
Blog
Should We Raise the Price of Gas and Use the Extra to Fund a Big Three Bailout?
Paul Solman answers questions on business and economic news on "The Business Desk."

NOVEMBER
Nov. 28, 2008
Analysis
Retailers Look to Holiday Season for Needed Sales Boost
Amid the shopping frenzy of "Black Friday" -- the traditional after-Thanksgiving kick off to the holiday shopping season -- retailers are looking to holiday sales to boost their sagging balance books. Jeffrey Brown talks to analysts about how the retail industry is faring.

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Nov. 28, 2008
Update
'Black Friday' Shoppers, Retailers Cautious Amid Weak Economy
Scores of shoppers began arriving at stores early Friday to grab deals on the traditional start of the Christmas shopping season. Many shoppers and retailers, however, remained cautious about holiday spending over concerns about the sluggish economy.


Nov. 27, 2008
Report
Food Banks Face Shortages in Economic Downturn
Food banks and charities around the country are experiencing shortages as the economy continues to slide. In a two-part report, Tom Bearden examines how food banks are faring and Ray Suarez talks to analysts about the rising number of Americans using food stamps.

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Nov. 26, 2008
Report
London Shopkeepers Struggle to Stay in Business Amid Economic Troubles
Britain's famous shops are reeling from troubles in the country's banking sector and hoping that a new stimulus plan will provide a much-needed boost. Margaret Warner reports from London on how businesses are coping with the crisis.

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Nov. 26, 2008
Analysis
Obama's Economic Strategy Begins to Emerge as Team Takes Shape
In an attempt to combat the economic crisis, President-elect Barack Obama has appointed key members of his economic team, including former Fed Chair Paul Volcker, to lead an economic advisory panel. Two financial writers assess his team and financial recovery plans.

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Nov. 26, 2008
Insider Forum
Expert Advice for Surviving the Economic Crisis
The economy has been in steady decline this year, effecting both Main Street and global markets. To better understand where we've been and where we're headed, Insider Forum looks back at some of the advice given by financial analysts, personal finance columnists and others.

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FUNDED IN PART BY: The Knight Foundation


Nov. 26, 2008
Blog
What is Islamic Banking?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 25, 2008
Analysis
Obama Pledges New Effort to Tighten Federal Budget
President-elect Barack Obama named Peter Orszag as his budget director Tuesday and pledged the rein in the federal budget. Financial experts mull his proposals and weigh in on the complex process of trimming federal programs.

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Nov. 25, 2008
Analysis
Government Widens Support for Home Loans, Credit
In an effort to boost economic activity, the Fed and the Treasury announced new plans to boost consumer spending and aid the housing market. Economic analysts examine the Fed's expanding role in managing the crisis.

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Nov. 25, 2008
Update
Fed Commits $800 Billion to Unfreeze Credit Markets, Boost Consumer Spending
The Federal Reserve announced two new programs Tuesday aimed at unfreezing credit for homebuyers, small businesses and consumers.


Nov. 25, 2008
Blog
Have We Ever Been This Close to Socialism Before?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 24, 2008
Report
Britain Crafts Tax Plan to Help Address Country's Economic Ills
The British Parliament on Monday considered changes to its income and sales taxes as a means to alleviate the economic downturn. Margaret Warner reports from London about the proposed stimulus plan.

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Nov. 24, 2008
Analysis
Citigroup Averts Collapse With Government Rescue Plan
In an effort to stabilize the teetering American financial giant, the U.S. government stepped up to help Citigroup by injecting $20 billion in capital and agreeing to shoulder most potential losses for the bank's high-risk assets. A New York Times reporter and economic analysts discuss the implications of the rescue.

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Nov. 24, 2008
Analysis
Obama: Optimistic Fiscal Team Determined to Revive American Economy
President-elect Barack Obama unveiled his top economic advisers Monday, saying they share his desire to fuel long-term economic growth and create jobs. Economic experts examine the challenges that lie ahead for the team.

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Nov. 24, 2008
Blog
Could You Explain Deflation?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 24, 2008
Report
Obama Taps New York Fed Chair Geithner for Treasury Chief
President-elect Barack Obama has named New York Federal Reserve President Timothy Geithner as his pick to serve as Treasury Secretary in his incoming administration -- a key decision as the United States faces one of the worst economic crisis in decades.


Nov. 24, 2008
Update
Obama Announces Economic Team, Prods New Congress to Pass Stimulus Package
While introducing his team of economic advisors Monday, President-elect Barack Obama urged the incoming Congress to pass an economic stimulus plan "right away" to address the nation's ongoing economic crisis.


Nov. 24, 2008
Update
Citigroup Offered Another Government Safety Net
The U.S. government has again bailed out Citigroup, unveiling a bold plan Sunday night to inject $20 billion in fresh capital into the troubled financial giant and shoulder most of the potential losses on $306 billion of high-risk assets.


Nov. 22, 2008
Blog
In Case You Missed It: A Report From Detroit
Paul Solman reports on the impact to auto workers.


Nov. 21, 2008
Analysis
David Brooks and Ruth Marcus Discuss Obama's Cabinet Picks, Economy's Woes
David Brooks and Ruth Marcus weigh reports that President-elect Barack Obama plans to choose Sen. Hillary Clinton and Timothy Geithner, among others, for Cabinet posts and the search for solutions to the economic crisis.

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Nov. 21, 2008
Report
Michigan Autoworkers Face Uncertain Future
Prospects for extending a federal rescue package to Detroit's Big Three automakers remain unclear after a congressional effort stalled until December. Paul Solman speaks with autoworkers about how the crisis is affecting them.

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Nov. 21, 2008
Conversation
French Finance Minister Reflects on Economic Crisis
Despite the deepening global financial crisis, France experienced a slight uptick in economic growth during the third quarter. French Finance Minister Christine Lagarde describes her country's situation in an interview with Margaret Warner.

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Nov. 21, 2008
Analysis
Jittery Markets, Weak Data Cap Grim Week on Wall Street
After a week of stock market dives and gloomy economic data, U.S. markets rebounded Friday, apparently on news reports that President-elect Barack Obama may choose Timothy Geithner as Treasury chief.

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Nov. 21, 2008
Forum
The Pirates of Somalia
Piracy off the coast of Africa has increased in recent weeks, with eight attacks just this week. In a brazen attack, pirates captured a Saudi supertanker loaded with at least $100 million in oil, the largest ship ever hijacked.


Nov. 21, 2008
Update
After Leaving Washington Empty-handed, Automakers Set to Craft Recovery Plan
While the Big Three U.S. automakers' hopes of an immediate financial shot in the arm were dashed Thursday on Capitol Hill, they are expected to meet lawmakers' demands to craft a convincing plan for rebuilding their once-mighty industry by Dec. 2.


Nov. 20, 2008
Blog
In Case You Missed It: A Conversation With Nobel-winning economist Robert Solow
Paul Solman spoke with Nobel-winning economist Robert Solow on the financial crisis.


Nov. 20, 2008
Blog
What if There Isn't a Bailout of the Big Three Auto Firms?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 20, 2008
Conversation
Worsening Economic Crisis Stops Short of Depression
Nobel laureate and economist Robert Solow offers his thoughts on the severity of current economic turmoil and the chances of the situation leading to another Great Depression in a conversation with Paul Solman.

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Nov. 20, 2008
Analysis
Stock Market Swings Fuel Rethinking of Retirement Plans
U.S. stocks plunged again Thursday to five-year lows, fueling new concerns of retirement savings and 401(k) plans. Economic analysts mull the risks of stock market investment and challenges to saving for retirement.

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Nov. 20, 2008
Update
Markets Tumble, Citigroup Stocks Sink as Debate Over Auto Bailout Stalls
U.S. stocks plunged again Thursday to a five-year low as hopes dimmed that lawmakers could quickly put together an aid package for U.S. automakers.


Nov. 20, 2008
Update
Piracy Offers Lucrative Career in Lawless Somalia
The recent hijacking of a Saudi Arabian oil supertanker demonstrated Somali pirates' increasing capabilities to seize ships, despite the efforts of a multi-national naval force meant to deter such attacks.


Nov. 20, 2008
Update
U.S., World Stocks Tumble Amid Bleak Jobs Report
U.S. stocks opened lower Thursday as investors worried that a possible failure by automakers to get a bailout would add to the economy's woes and as new data showed the number of new claims for jobless benefits was at its highest level in 16 years.


Nov. 19, 2008
Newsmaker Interview
GM CEO Defends Auto Industry's Bid for Government Aid
Auto industry executives testified before Congress Wednesday, asking lawmakers to provide aid to the struggling companies and responding to criticisms of poor management. General Motors' CEO Rick Wagoner discusses the industry's crisis and his company's case for government help.

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Nov. 19, 2008
Update
Consumer Prices Plunge in October as Energy Costs Fall
Consumer prices made their biggest drop in decades in October, due in part to lower gasoline and energy prices.


Nov. 18, 2008
Analysis
Struggling Automakers Press Congress for Federal Aid
On Capitol Hill Tuesday, Ben Bernanke and Henry Paulson defended their economic rescue strategy and automakers made their case for federal aid. Senators detail the debate over using bailout funds to help automakers.

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Nov. 18, 2008
Update
Bernanke, Paulson Defend New Bailout Strategy
One week after the Bush administration changed the focus of the $700 billion rescue plan for Wall Street, Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson defended the new strategy Tuesday when they testified before House members.


Nov. 17, 2008
Report
Indian Farmers, Coca-Cola Vie for Scarce Water Supply
In the Indian state of Rajasthsan, farmers have accused Coca-Cola factories of drawing too heavily on the area's water supplies and contributing to pollution. Fred de Sam Lazaro reports on the controversy and the claims of both the company and its critics.

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Nov. 17, 2008
Analysis
Financial Crisis Shows Global Reach in Sluggish British Economy
On the heels of this weekend's G-20 summit of world leaders to assess the economic crisis, Margaret Warner reports from London on how the financial turmoil has impacted Great Britain -- where the upheaval has hit especially hard.

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Nov. 17, 2008
Analysis
Citigroup to Cut Jobs, Sell Assets in Financial Crunch
Citigroup announced plans Monday to cut 53,000 jobs worldwide as a result of the worsening global fiscal crisis and large company losses. Roben Farzad of Business Week assesses the financial institution's troubles and how other banks are faring.

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Nov. 17, 2008
Blog
An Election Economics Post-Mortem
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 17, 2008
Update
Citigroup Plans to Slash Another 50,000 Jobs
Banking giant Citigroup Inc. announced Monday that it plans to trim approximately 50,000 more jobs as it struggles to steady itself after suffering massive losses from deteriorating debt.


Nov. 17, 2008
Video
Video Collection: Europe Works to Weather Economic Storm
Margaret Warner reports from Britain and France on the deepening global economic crisis.


Nov. 17, 2008
Blog
When the Government Issues New Treasury Debt, Does That Mean More Inflation?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 17, 2008
Update
Congress Set to Debate U.S. Auto Industry Bailout
Congress returns to Washington Monday to convene a lame-duck session with the struggling auto industry as its first priority. Democrats want to use part of the $700 billion Wall Street bailout for emergency loans to help the Big Three carmakers.


Nov. 15, 2008
Update
G-20 Leaders Outline Joint Efforts to Avoid Future Economic Crises
As the G-20 economic summit drew to a close Saturday, President Bush and the leaders of nearly two dozen countries agreed to flag risky investing and regulatory loopholes in the hopes of preventing future financial meltdowns.


Nov. 14, 2008
Analysis
Changes to Bailout Package, Obama Transition Top Week's News
Syndicated columnist Mark Shields and New York Times columnist David Brooks assess the latest changes to the implementation of the $700 billion federal rescue plan, the Obama administration's ongoing transition process and other news of the week.

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Nov. 14, 2008
Analysis
Global Leaders Search for Financial Reforms at G-20 Summit
Hoping to rein in the global financial crisis, leaders are convening to hammer out plans to help their ailing markets and economies. Experts assess the challenges they will face in trying to reach meaningful agreements.

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Nov. 14, 2008
Analysis
FDIC Meets Resistance to Homeowner Aid Proposal
To prevent 1.5 million U.S. homes from facing foreclosure, the Federal Deposit Insurance Corp. made a proposal Friday for lenders, backed by the government, to modify struggling borrowers' loans. A New York Times reporter discusses the agency's plan plus resistance from banks and the Treasury.

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Nov. 14, 2008
Report
Treasury Draws Criticism from Leaders on Capitol Hill
During Friday's Congressional hearing about changes to the focus of the $700 billion federal bailout, lawmakers in both parties criticized the latest modifications by Treasury. Judy Woodruff wraps up the latest.

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Nov. 14, 2008
Update
G-20 Leadership Information
The G-20, which is comprised of leaders and financial officials from industrial and developing countries plus the European Union holds talks on Nov. 15 in Washington's National Building Museum. Following is a look at the group's membership.


Nov. 14, 2008
Update
Leaders Gather to Assess Global Financial Woes
Leaders and central bank officers from more than 20 developed and emerging economies will gather this weekend in Washington to strategize on fixing major financial markets and assess the state of the global economic crisis.


Nov. 14, 2008
Update
FDIC: Plan Could Avert 1.5 Million Foreclosures
About 1.5 million American households could stave off foreclosures under a revised loan-guarantee program unveiled Friday, the Federal Deposit Insurance Corp. said.


Nov. 14, 2008
For Students
Plans Change Dramatically for U.S. Financial Bailout
The U.S. government is shifting the focus of the $700 billion financial rescue plan away from buying up bad mortgage assets, instead trying to help consumers get credit by investing in banks and other financial institutions.


Nov. 14, 2008
Update
Retail Sales Suffer Record Plunge as Consumers Hunker Down
Retail sales endured a 2.8 percent drop last month -- their largest plunge on record, the Commerce Department reported Friday.


Nov. 14, 2008
Blog
What Can Our Government Actually Do to Reduce Extreme Financial Inequality?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 13, 2008
Newsmaker Interview
Paulson Defends Federal Financial Rescue Effort
Treasury Secretary Henry Paulson defended the changes made to the $700 billion rescue plan aimed at helping consumers. He told the NewsHour he never expected it to lead to a quick recovery of bank lending.

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Nov. 13, 2008
Blog
Can You Address the Consequences of Selecting a Treasury Secretary?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 13, 2008
Update
New Jobless Claims Nearly Hit Post-Sept. 11 Level
After skyrocketing in recent months, the number of newly laid-off U.S. workers seeking unemployment benefits jumped last week to the highest level since just after the Sept. 11, 2001, terrorist attacks.


Nov. 12, 2008
Analysis
Paulson Shifts Economic Rescue Plan to Focus on Boosting Credit
Economists discuss Treasury Secretary Henry Paulson's announcement Wednesday that the government will shift its focus from buying troubled assets to shoring up institutions that manage credit cards, auto loans and other types of borrowing.

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Nov. 12, 2008
Update
Paulson Says Bailout Funds May Not Be Used to Buy Troubled Assets
Treasury Secretary Henry Paulson announced a major shift in the government's bailout program Wednesday, saying the $700 billion rescue package will not be used to purchase troubled assets as originally planned.


Nov. 12, 2008
Update
Reporter's Notebook: Gwen Ifill Discusses Obama Transition Efforts
Senior NewsHour correspondent Gwen Ifill spoke with Steve Goldbloom about President-Elect Barack Obama's transition to the White House, including some of his early appointments, such as his selection of Rahm Emanuel as his chief of staff.


Nov. 12, 2008
Update
Democrats Press for Billions in Aid to Auto Industry
Democrats continued to push for aid for struggling U.S. automakers, calling for Congress to act during its lame-duck session next week to give the industry a much-needed financial boost as it confronts weak sales and plummeting stock prices.


Nov. 11, 2008
Analysis
Despite Bailout, Budget Strains Worsen for Fannie, AIG
Ailing financial giants Fannie Mae and American International Group will need additional government help, despite rescue measures extended by the federal recovery package. Two financial experts examine the prudence of the bailouts and their shortcomings.

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Nov. 11, 2008
Analysis
Help for Burdened Mortgage Borrowers Offers Costs and Benefits
U.S. homeowners have been among the hardest-hit by the global economic meltdown. In the first of a series, analysts discuss the benefits and flaws of governmental and lender recovery plans, including Citibank's offer to modify loan terms for those falling behind.

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Nov. 11, 2008
Blog
A Quiz for Business Desk Readers
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 11, 2008
Update
Global, U.S. Markets Struggle as Worries Persist for Automakers
Global financial troubles worsened Tuesday as stocks fell in many markets and analysts grew more concerned that the worldwide economic downturn is deepening.


Nov. 11, 2008
Update
Tony Anderson Turns Low-income Areas Green One Light Bulb at a Time
In his junior year at Morehouse College, Tony Anderson started the Let's Raise a Million Project to bring energy-saving technologies to African-American low income communities previously left out of the green movement.


Nov. 10, 2008
Analysis
China's Stimulus Package Aims to Boost Economy, Help Avoid Global Recession
Asian and European stocks rose Monday on news of China's $586 billion stimulus plan that aims to restore investors' confidence and shore up markets over the next two years, while sending a message of resolve and financial stability to foreign governments. An economist discusses the plan's implications for China and the world.

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Nov. 10, 2008
Analysis
Parties Seek Consensus on New Financial Stimulus Plan
Congressional leaders and both President Bush and President-elect Obama have stressed the need for another financial stimulus package to jump-start the stalled economy. Economists weigh in on what steps they would take.

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Nov. 10, 2008
Update
AIG Aid, China Bailout Boost World Markets After G-20 Conference
The bailout of embattled insurance giant American International Group, Inc. got another dramatic boost Monday with the U.S. government easing the terms of its loans to the company.


Nov. 7, 2008
Analysis
Soaring Jobless Rate Offers Latest Sign of Weakened Economy
In the latest gloomy financial news, the U.S. economy shed 240,000 jobs in October, pushing the employment rate up to 6.5 percent. Two analysts examine the labor numbers and what they say about the economy.

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Nov. 7, 2008
Blog
Can Anything Good Come From the Crisis?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 7, 2008
Blog
And Now For Something Not Completely Different
For those who just can't get enough of my explanations, and like them in video form, you can go to the the home of the weekly PBS show called 'The Newsmakers,' in Evansville, Indiana. It's hosted by the attentive and thoughtful Mizell Stewart, editor of the city's daily paper, the Evansville Courier-Journal.


Nov. 7, 2008
Blog
Why Does the Fed, Rather Than the Market, Set Short Term Interest Rates?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 7, 2008
Update
U.S. Unemployment Surges to 6.5 Percent in October
Fueled by an economic downturn, the U.S. economy lost 240,000 jobs in October, the Labor Department said Friday. The numbers helped push the employment rate to 6.5 percent, its highest level in 14 years.


Nov. 6, 2008
Report
Social Values, Shopping Merge in 'World of Good'
Since 2004, the company World of Good has helped merge consumerism and social consciousness by partnering with retailers to market fair-trade handcrafted items. Spencer Michels reports on the business of combining social values, opportunities for artisans and shopping.

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Nov. 6, 2008
Analysis
As U.S. Fiscal Woes Persist, Lawmakers Pledge More Aid
The U.S. economy continued to falter as markets sank sharply Thursday for the second consecutive day. A chief investment officer and a journalist discuss congressional plans to craft a stimulus package later this month and weigh efforts by lawmakers to assist troubled industries.

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Nov. 6, 2008
Update
President-elect Obama Sets About Crafting New Administration
With the U.S. economy likely in recession and the country embroiled in two wars, President-elect Barack Obama and his staff have been quickly transitioning from campaign mode to preparing to govern with little time to celebrate his landmark victory.


Nov. 6, 2008
Blog
Will we ever pay down or even pay off the national debt?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 5, 2008
Blog
Do you think Alan Greenspan really thought that the "bubble" would never burst?
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 5, 2008
Blog
My conservative friends think this economic mess is the result of Fannie/Freddy.
Paul Solman answers questions on business and economic news on "The Business Desk."


Nov. 3, 2008
Analysis
Across the World, Woes of Collapsed Bank Spread to Borrowers
A European bank that lent millions to borrowers around the world, including a Wisconsin school district, needs a massive bailout, which has triggered financial woes among its clients. Charles Duhigg of the New York Times and Adam Davidson of NPR explain the trail of the crisis and the struggles ahead.

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OCTOBER
Oct. 31, 2008
Analysis
Shields, Brooks Reflect on Campaigns' Defining Moments
Columnists Mark Shields and David Brooks recap the week's economic and political news, and recall significant campaign twists and turns in their last analysis before Nov. 4.

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Oct. 31, 2008
Analysis
Stocks Remain Volatile After Worst Month in Decades
Wall Street has endured its worst month in 21 years yet its best week in 34 years. The markets continue to remain unsettled on news of consumer spending cutbacks and investors' fears. The Wall Street Journal's economics editor analyzes the tumultuous month's events.

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Oct. 31, 2008
Blog
When Economic Shifts and Elections Intersect: Interview With Economist Ray Fair
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 31, 2008
Blog
In Case You Missed It: Lessons of Great Depression Apply to Current Meltdown
On October 30, Paul Solman sat down with economist Eugene White and author Amity Shlae to talk about The Great Depression and what lessons can be gleaned from that era.


Oct. 30, 2008
Conversation
Lessons of Great Depression Apply to Current Meltdown
The stock market crash of 1929 offers parallels to the spiraling financial crisis of the 21st century, giving insight to measures that can help correct the collapse. Paul Solman talks to two authors on the Great Depression who assess the government's role and analyze policy choices.

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Oct. 30, 2008
Update
Consumers Trim Spending in New Sign of Economic Downturn
New data show that consumer spending fell 3.1 percent in the third quarter, its sharpest drop in 28 years. New York Times columnist David Leonhardt examines the latest numbers.

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Oct. 30, 2008
Update
U.S. Economy Shrinks as Consumers Slow Spending
The Commerce Department reported Thursday the economy shrank at an annual rate of 0.3 percent in the July to September period, indicating that a recession may have already begun.


Oct. 29, 2008
Update
Fed Makes Aggressive Rate Cut in Bid to Loosen Credit Markets
In a new move to stem the impact of the financial crisis, the Federal Reserve cut the federal funds rate by half a percentage point to 1 percent Wednesday. Krishna Guha, chief U.S. economics correspondent for the Financial Times, discusses the move.

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Oct. 29, 2008
Update
For Ninth Time in a Year, Fed Chops Key Rate Again to 1 Percent
As expected, the Federal Reserve slashed a key interest rate Wednesday afternoon by half a percentage point as it seeks to revive an economy hit by a long list of maladies stemming from the most severe financial crisis in decades.


Oct. 29, 2008
Blog
Is it correct to assume that the credit crisis is mostly psychological?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 28, 2008
Blog
If the inflation rate is calculated too low, will the economy seem to be growing when it is not?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 28, 2008
Blog
Do you think that Nassim Taleb's hypothesis will be realized?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 28, 2008
Analysis
White House Considers Extending Bailout to Auto Industry
Deepening financial crisis among the nation's biggest auto makers prompted talks to allow corporations to apply for aid under the $700 billion bailout plan. Reporters and analysts weigh the controversy around the access to money for Detroit's Chrysler, G.M. and Ford.

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Oct. 28, 2008
Update
Global Markets Soar on Likely Fed Interest Rate Cut
After a steady slump in world trading, global markets surged Tuesday after expectations of a likely Federal Reserve interest rate cut and the Treasury's move to inject capital boosted investors' confidence. A Business Week editor probes the reasons behind the surge.

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Oct. 28, 2008
Update
Dow Jumps Nearly 900 Points Despite Report of Low Consumer Confidence
Investors looking for a bargain in devalued stocks helped the Dow Jones industrials soar nearly 900 points, the second-biggest one-day point gain ever, on Tuesday.


Oct. 27, 2008
Report
Already Faced With Hardships, Haitians' Lives Upended by Hurricanes
Following the devastating food shortage of the summer, Haiti faced a barrage of powerful hurricanes, which battered the island nation into precarious situation. Fred De Sam Lazaro reports on the struggle that lies ahead as a nation tries to rebuild itself.

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Oct. 27, 2008
Analysis
New Measures May Help Homeowners Facing Foreclosure
As the economic crisis continues to reverberate around the nation, troubles in the housing sector remain key to the upheaval -- and many homeowners are facing foreclosure in the interim. Economics experts debate various measures being considered to help homeowners in trouble.

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Oct. 27, 2008
Blog
The government hopes the $700 billion bailout will get banks to lend again. Why not require them to do so?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 27, 2008
Blog
Now that governments have to inject billions into world banks, do you think monetary policy should be adjusted to better maintain a balance between currency in circulation and bank funds?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 27, 2008
Update
World Markets Slide as Yen Skyrockets
A worldwide slide in markets continued Monday on fears that governments' efforts to stabilize the volatile global economy will not be able enough to prevent a global recession.


Oct. 24, 2008
Analysis
Shields and Brooks Look at Election Strategy, Financial Crisis
Analysts Mark Shields and David Brooks take a look at candidates' campaign strategies for the final stretch of the election season and the search for answers to the global financial crisis.

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Oct. 24, 2008
Analysis
Multiple Economic Factors Driving Fears of Global Recession
U.S. and global markets endured another tough day Friday as fears intensified of a global recession. Financial experts examine the factors driving the recession speculation and possible solutions to the crisis.

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Oct. 24, 2008
Update
U.S., Worldwide Markets Plunge Anew on Recession Fears
U.S. stocks slid Friday, with the Dow Jones Industrial Average closing down more than 300 points, as worries of a global recession pushed investors to shed stocks and rattled markets worldwide.


Oct. 24, 2008
Update
Oil Prices Continue Slide as OPEC Agrees to Cut Production
Oil prices continued to slide Friday despite an agreement by OPEC members to cut production by 1.5 million barrels per day, in a new sign of the far-reaching fallout of the global financial crisis.


Oct. 23, 2008
Report
Southern California Hit Hard by Home Foreclosures
Vacant homes dot new developments in Southern California's Riverside County, which has been plagued by record foreclosure numbers. In an excerpt of KCET Los Angeles program SoCal Connected, correspondent Lisa Ling examines the impact of the crisis - including a company that removes belongings from foreclosed homes.

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Oct. 23, 2008
Analysis
Greenspan Admits 'Flaw' to Congress, Predicts More Economic Problems
Former Fed Chair Alan Greenspan told Congress Thursday the economic crisis unveiled "a flaw" in his view of world markets. Economic analysts discuss his testimony and legacy.

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Oct. 23, 2008
Update
Greenspan Calls Financial Crisis a 'Credit Tsunami'
In testimony before Congress Thursday, former Federal Reserve Chair Alan Greenspan said that the current financial crisis is a "once in a century credit tsunami" that will continue to impact the U.S. economy, spurring more job losses to come.


Oct. 23, 2008
Blog
If America is losing money, who's gaining? Does there have to be balance?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 23, 2008
Blog
If this is a "financial storm", are we in the "eye of the hurricane"?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 23, 2008
Blog
What does the current crisis say about communism and capitalism?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 23, 2008
Blog
Can temporary total nationalization avoid the doomsday scenario?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 22, 2008
Update
Foreclosure Rates for 3rd Quarter Up 70% From Last Year
New data released Thursday show the number of homeowners caught in the foreclosure crisis grew by more than 70 percent in the third quarter compared with the same period last year.


Oct. 22, 2008
Report
Population Growth Burdens Roads, Schools and State Programs
Amid explosive population growth, Arizona tackles the traditional problems of urban sprawl as it tries to create a new model for livable communities. Ray Suarez reports on the Valley of the Sun's transition in the face of growing infrastructure demands.

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FUNDED IN PART BY: The Rockefeller Foundation


Oct. 22, 2008
Conversation
New AIG CEO Discusses Company Spending, Troubles
Government-appointed AIG CEO Edward Liddy discusses how the financial sector shake-up led to insurer AIG's problems and what measures he intends to take in order to return to successful business strategy.

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Oct. 22, 2008
Report
Reporter's Notebook: Ray Suarez Discusses Series on Troubled U.S. Infrastructure
As the NewsHour continues airing a series of reports on the country's ailing infrastructure, produced in collaboration with WNET New York, senior NewsHour correspondent Ray Suarez spoke with Steve Goldbloom about his experiences examining the issue.

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Oct. 22, 2008
Analysis
Global Recession Fears Send Markets Tumbling
Stock markets fell Wednesday on news of weak corporate earnings and continued fears of a global recession. Economic analysts and reporters discuss the market's fall and the worldwide impact of the financial crisis.

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Oct. 22, 2008
Blog
In Case You Missed It: Top Theorists Examine Rippling Economic Turbulence
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 22, 2008
Update
Weak Earnings Reports Trigger Market Losses
A number of poor earnings reports from major corporations, including Wachovia Corp. and Merck & Co., caused U.S. stocks to drop more than 500 points Wednesday.


Oct. 21, 2008
Report
Top Theorists Examine Rippling Economic Turbulence
As the financial sector shifts, so does the reach of the jolt to economic structures around the world. Economist Nassim Nicholas Taleb and his mentor, mathematician Benoit Mandelbrot, speak with Paul Solman about chain reactions and predicting the financial crisis.

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Oct. 21, 2008
Analysis
Attempts to Ease Credit Crunch Reveal Mixed Results
Several plans have been enacted in recent weeks to loosen the flow of credit and ease the financial crisis. An expert panel evaluates the efforts and the state of the credit sector.

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Oct. 21, 2008
Update
Fed to Provide Up to $540 Billion to Money Market Funds
The Federal Reserve took new steps Tuesday to loosen struggling credit markets, authorizing a new plan to inject liquidity into money markets as the government continued to search for ways to ease a global financial crisis.


Oct. 21, 2008
Blog
When the Treasury Department is repaid, shouldn't that be used to pay down debt?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 21, 2008
Update
Pakistan Looks to Raise Billions in Foreign Loans
Pakistan must raise between $10 billion to $15 billion over the next few weeks in order to keep making debt payments and pay for imports, the country's new economic affairs adviser Shaukat Tarin has said.


Oct. 21, 2008
Blog
Why are we not focusing on stimulating consumer spending?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 20, 2008
Analysis
Fed Chairman Signals Support for New Stimulus Package
Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan.

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Oct. 20, 2008
Update
Stocks Rise on Signs of Credit Thaw, News of Global Summit
U.S. stocks rose Monday following word from President Bush, French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso over the weekend that they plan to hold a series of summits on the global financial crisis.


Oct. 17, 2008
Update
President Bush Stands by Government Action; Housing Starts Fall in September
President Bush sought to reassure Americans that moves taken by the federal government would be bold enough to ease the financial crisis even as new reports showed further declines in the housing market.


Oct. 17, 2008
Essay
Economic Crisis Takes Toll on Pursuit of American Dream
NewsHour Essayist Richard Rodriguez reflects on the impact of the global financial meltdown on the value of wealth in the U.S. and how greed and envy devalued the American dream.

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Oct. 17, 2008
Analysis
Economy Dominates Campaigning as Race Enters Final Stretch
Columnists Mark Shields and David Brooks evaluate the candidates' renewed focus on the economy and the likely strategies at play as the Obama and McCain campaigns enter the final stretch.

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Oct. 17, 2008
Report
Economic Crisis Bruises Iceland's National Pride
The impact of the global economic crisis has been particularly evident in Iceland with the nation itself left on the verge of bankruptcy. The British government took action to freeze assets of Icelandic companies by citing its Anti-Terror Law. Journalist Jonas Moody discusses Icelanders' mood amid the island's turmoil.

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Oct. 17, 2008
Blog
Reporter's Notebook: Jeffrey Brown Discusses Covering Economic Crisis
Since Congress passed the $700 billion rescue package, Jeffrey Brown has hosted an economic segment in every NewsHour broadcast, covering many angles of the global economic crisis. He spoke about how to explain confusing topics in a fresh and understandable manner for NewsHour viewers.

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Oct. 16, 2008
Conversation
New Mexico Voters React to Final Presidential Showdown
After watching the final presidential debate, a group of voters in the battleground state of New Mexico talk to Judy Woodruff about their reactions to the plans and words of Sen. John McCain and Sen. Barack Obama.

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Oct. 16, 2008
Analysis
U.S. Stocks Up, But Unease Ripples Across Global Markets
Although U.S. stocks surged in the final moments, stocks in Europe and Asia dropped Thursday as fears of a worldwide recession grow. Journalists and an economics analyst discuss.

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Oct. 15, 2008
Update
European Leaders Call for Summit to Overal Global Financial System
As the world's industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system.


Oct. 15, 2008
Blog
A response to viewer questions and comments on my segment about Los Alamos, N.M.
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 15, 2008
Report
Amid Financial Crisis, WaMu Collapse Hits Hard in Seattle
The banking crisis has been hitting all parts of the American economy, including the local banking sector of Seattle, where Washington Mutual went from a solid industry to a nonexistent entity. Lee Hochberg reports.

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Oct. 15, 2008
Analysis
After Brief Euphoria in Markets, Investors Sell Amid Weak Sales, Rising Prices
Following a brief upswing in world markets this week, investors and analysts see growing signs of a global recession in weak earnings and troubling manufacturing figures. Economists discuss the ongoing problems and the forces driving them.

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Oct. 15, 2008
Blog
New Mexico's History Plays Distinct Role in a Complex Electorate
To understand politics in New Mexico is to understand how the state's voters are deeply connected to their history and generational roots. New Mexico State Historian Estevan Rael-Galvez offered his insights on the factors that have shaped the state's unique history. Among them: race relations, tourism and a "nuclear" economy.

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Oct. 15, 2008
Blog
If the stock markets of the world all drop 10-20 percent simultaneously, are we as Americans significantly worse off?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 15, 2008
Update
U.S. Markets Plummet, Global Indicators Slide Amid Recession Fears
After a two-day rally, U.S. stock prices plunged Wednesday as investors worldwide expressed concerns the global efforts to inject liquidity and restore confidence to the battered financial system may not be enough to stave off a widespread recession.


Oct. 14, 2008
Report
New Mexico Offers Case Study in Economic Inequalities
New Mexico's stark economic disparities are evident in the state's north, from the affluent community of Los Alamos to the struggling Hispanic heartland of Espanola. Paul Solman reports on the reasons behind the inequalities and the efforts to narrow the gap.

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Oct. 14, 2008
Analysis
President Bush Unveils New Plan to Stabilize Banks
The Bush administration unveiled a plan Tuesday to stabilize the teetering U.S. banking system with as much as $250 billion of the financial sector rescue fund. Three economic experts discuss the impact of the plan.

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Oct. 14, 2008
Blog
It seems to me that FDR may have saved the traditional banking system. What do you think?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 14, 2008
Update
U.S. Treasury to Inject $250 Billion into Banks
In a new effort to shore up confidence in the economy and inject life into frozen credit markets, the U.S. Treasury will inject $250 billion into several large banks.


Oct. 13, 2008
Newsmaker Interview
U.S. Economist Krugman Wins Nobel Prize in Economics
The last of six 2008 Nobel Prizes was awarded Monday to Princeton University professor and New York Times columnist Paul Krugman for his research on free trade and globalization. Krugman discusses his research and theories with Jim Lehrer.

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Oct. 13, 2008
Analysis
World Leaders Pledge Aid to Curb Global Financial Turmoil
As global markets try to steady themselves amid an economic crisis, world leaders pledged to pump billions of dollars into U.S. and European economies to allay the problems. A panel of financial experts discuss the move.

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Oct. 13, 2008
Update
U.S., European Stocks Soar in Response to Government Rescue Plans
Stocks across the world closed with large gains Monday after European and U.S. officials poured billions of dollars into struggling banks as part of emergency plans to restore confidence in global financial markets.


Oct. 13, 2008
Blog
Economic, Cultural Concerns Highlight New Mexico Town Hall
If all politics is local, Sunday night's town hall meeting with voters in Albuquerque, N.M., provided a fresh example of how the issues topping the national conversation have their roots in community-level election dialogue.

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Oct. 11, 2008
Blog
Is it time to admit that the world is already in a recession?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 11, 2008
Blog
If the amount of $62 trillion is owed for credit default swaps, who pays?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 11, 2008
Blog
Isn't much of the $55 trillion dollar market made up of hedge funds?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 10, 2008
Analysis
Market Meltdown, Tone on Campaign Trail Top the Week's News
Syndicated columnist Mark Shields and National Review Senior Editor Ramesh Ponnuru discuss the presidential candidates' plans for the troubled economy and how voters are reacting as Election Day draws ever closer.

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Oct. 10, 2008
Analysis
Global Credit Crunch Takes Toll on State Economies
Wall Street's credit freeze sparked a global economic crisis and forced U.S. cities and states to tighten their budgets. Elizabeth Brackett reports from Illinois about the state's financial woes then Chris Hoene of the National League of Cities explains the national downturn.

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Oct. 10, 2008
Analysis
Global Stock Sell-Off Stirs New Fears of Recession
One year after the Down Jones industrial average peaked above 14,000 points, it closed Friday below 8,500 amid a global financial slump. Economic analysts and reporters give insight on the latest Wall Street woes.

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Oct. 10, 2008
Blog
What would you do with your money if you had a high tolerance for risk?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 10, 2008
Blog
Did anyone ever propose regulation or restrictions on credit default swaps?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 10, 2008
Update
Wall Street Fluctuates After World Markets Drop
Stock prices in Asia and Europe continued to sink Friday, following a day of massive selloffs on Wall Street while Washington considered several new financial rescue maneuvers.


Oct. 9, 2008
Report
Silicon Valley Navigates Changing Economic Landscape
While manufacturing has taken a noticeable hit during the recent financial upheaval, the technology sectors of Silicon Valley have fared better -- while acknowledging that the future economic picture is anything but clear. Spencer Michels reports.

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Oct. 9, 2008
Blog
A response as the markets close below 9,000 for the first time in five years.
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 9, 2008
Analysis
Market Turmoil Puts Squeeze on Retirement Savings
The markets have endured a wild ride in recent weeks, increasing anxieties over the solvency of retirement savings accounts. The director of the Congressional Budget Office discusses how the financial crisis may impact retirement accounts.

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Oct. 9, 2008
Analysis
Government Intervention Does Little to Calm Markets
Wall Street saw stocks dive Thursday as reports emerged that the Treasury Department is considering new moves to increase bank stability. Financial experts discuss the latest moves and what comes next for the government and the markets.

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Oct. 9, 2008
Blog
How could a U.S. domestic problem become a global liquidity crisis?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 9, 2008
Blog
If banks do not have money to lend, how can they buy up finance firms and other failing banks?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 9, 2008
Update
Seven-day Slide: GM Drops 30 Percent as U.S. Stocks Continue to Tumble
U.S stocks tumbled for a seventh straight session Thursday as investors bet recent worldwide efforts to thaw frozen credit markets would not be enough to avert a global recession.


Oct. 8, 2008
Analysis
Mounting Economic Anxieties Ripple Across the Globe
Central banks around the world cut interest rates Wednesday in a joint effort to ease credit and spur growth, but a weak market response signaled the move failed to abet fears.

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Oct. 8, 2008
Blog
Is there any way to protect the U.S. or world markets?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 8, 2008
Blog
Are there really $64 trillion of bad mortgages out there?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 8, 2008
Update
Financial Crisis Illustrates Influence of Emotions, Behavior on Markets
The past month of corporate failures, government rescues and stock market gyrations has visibly shaken the confidence of Wall Street tycoons and ordinary investors alike.


Oct. 8, 2008
Blog
How much of investment banks' portfolios are tied up in the stock market?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 8, 2008
Update
Fed, European Banks Coordinate Interest Rate Cut
Facing worries of a global recession, the Federal Reserve and six other major central banks from around the world announced a coordinated half a percentage point interest rates cut on Wednesday.


Oct. 7, 2008
Report
Risky Credit Default Swaps Linked to Financial Troubles
Insurer AIG is among the financial titans to hit troubled times in the recent Wall Street crisis. Paul Solman takes an in-depth look at the woes at AIG and explains how credit default swaps played a role its financial turbulence.

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Oct. 7, 2008
Analysis
Weak Collective Action Threatens Global Credit Crisis
The U.S. financial meltdown has become a globalized crisis, spreading to Europe and emerging markets. The managing director of the International Monetary Fund explains the importance of restoring confidence among banks and consumers, coordinating efforts among countries and the IMF's role.

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Oct. 7, 2008
Analysis
Federal Reserve Employs Tools to Ease Credit Fears
Global markets continued to fluctuate Tuesday, as the Federal Reserve announced plans to buy up short term debt in a bid to ease strain on the credit sector. Reporters and analysts examine the Fed's moves.

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Oct. 7, 2008
Blog
Why were there no checks on these fraudulent practices and unscrupulous mortgage brokers?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 7, 2008
Blog
For those of us who are not accountants, can you help explain how bad mortages work?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 7, 2008
Update
Fed Aims to Unfreeze Credit Markets With Plan to Buy Short-Term Debt
The Federal Reserve announced a plan Tuesday to buy short-term debt directly from businesses, in an effort to stimulate paralyzed credit markets and get cash to companies that need it.


Oct. 6, 2008
Analysis
Bailout Fails to Stem Credit Fears in Financial Markets
Despite the approval of a sweeping $700 billion bailout bill on Capitol Hill, the downward march of the financial sector continued Monday as major world and U.S. markets plummeted.

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Oct. 6, 2008
Blog
Are there any banks or investment houses not involved in risky practices?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 6, 2008
Update
Stocks Drop Over Continuing Credit Fears
U.S. stocks fell more than 6 percent Monday morning and the Dow Jones industrial average fell below 10,000 for the first time since October 2004.


Oct. 6, 2008
Blog
Can you explain, simply, what a credit default swap is?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 3, 2008
Analysis
VP Debate, Battleground Strategies Top Campaign Headlines
This week, Congress pushed through a massive financial rescue plan and vice presidential hopefuls faced off in a key debate. Analysts Mark Shields and New York Times columnist David Brooks weigh all things politics.

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Oct. 3, 2008
Analysis
Sweeping $700 Billion Financial Rescue Wins Final Approval
The U.S. economy faced fresh troubles Friday as President Bush signed a $700 billion bailout bill. Analysts weigh the economic picture and Paul Solman recaps week's events.

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Oct. 3, 2008
Report
After Week of Debate, House Passes Bailout Plan
Members of the House approved a modified federal rescue plan Friday, moved by the Senate's support and mounting concerns over the stability of the U.S. financial sector. Kwame Holman reports on the bill's passage.

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Oct. 3, 2008
Blog
Wouldn't mortgage-backed securities gain value we could refinance homes?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 3, 2008
Blog
Should I move now whatever money I can to federally insured savings accounts?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 3, 2008
Update
House Passes $700 Billion Financial Bailout Bill
The House of Representatives passed hotly-debated legislation Friday to bail out the troubled financial industry by a 263-171 vote, agreeing to the Senate bill that passed on Tuesday and sending it to the White House for President Bush's signature.


Oct. 3, 2008
Update
Employers Slash 159,000 Jobs in September
Employers cut payrolls by 159,000 in September, the most in more than five years, the Labor Department reported Friday, raising new fears that the economy has lost its footing and is sliding into a recession.


Oct. 3, 2008
Update
Wachovia Spurns Citibank, Will Be Acquired by Wells Fargo
Wachovia Corp. changed course on a buyout deal Friday, agreeing to be acquired by Wells Fargo & Co. in a $15.1 billion all-stock deal, reversing an earlier agreement to be acquired by Citigroup.


Oct. 2, 2008
Update
House Leaders Count Votes, Target GOP Holdouts in Attempt to Pass Rescue Package
The Treasury Department's plan to buy bad mortgage-related securities returns to the House Friday, as lawmakers lobby their own party members and hope tax cuts and financial rule changes will convince holdout Republicans to vote yes.


Oct. 2, 2008
Analysis
Questions Remain on Bailout Plan as House Prepares to Vote Anew
The Senate on Wednesday approved a financial rescue package that could cost up to $700 billion -- the largest government intervention in U.S. history. Analysts discuss whether the plan will be enough to fix the ailing economy.

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Oct. 2, 2008
Blog
Is this event the Berlin Wall of Free Market Economics?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 2, 2008
Blog
What would happen if the government gave every American one million dollars so people could pay off all their mortgages and bills?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 2, 2008
Insider Forum
Personal Finance Columnists Answered Your Questions on the Wall Street Crisis
In recent days, the Dow posted a record single-day drop and Washington Mutual was seized by the federal government as major Wall Street upheaval continues to unravel. But how will financial institution changes and Wall Street troubles impact your finances? Two columnists answered your questions.

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FUNDED IN PART BY: The Knight Foundation


Oct. 2, 2008
Update
Reports: High Unemployment, Low Manufacturing
Stocks dropped early in trading Thursday after the government reported that the number of people seeking unemployment benefits rose to a seven-year high and that orders for manufactured goods dropped by 4 percent in August.


Oct. 1, 2008
Update
Senate Approves Massive Financial Rescue Plan; House May Vote Friday
With bipartisan support, the Senate easily approved a massive federal rescue plan aimed at stabilizing the economy and freeing up the crippled credit market Wednesday night. The vote was 74-25.


Oct. 1, 2008
Report
Campaigns Rush to Court Clinton's Fla. Supporters
Sen. Hillary Clinton held a strong foothold in the key state of Florida during the primaries -- and her supporters are not yet running to either presidential ticket. Judy Woodruff reports on efforts by the Obama and McCain campaigns to court former Clinton supporters.

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Oct. 1, 2008
Analysis
Obama, McCain Depart Campaign Trail for Senate Vote
New polls suggest the economic crisis has created momentum for Sen. Barack Obama's campaign, especially in battleground states. The Hotline's Amy Walter and Susan Page of USA Today break down the latest campaign news and how Thursday's vice presidential debate might impact the dynamics at play.

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Oct. 1, 2008
Blog
What regulations do you think would possibly fix this situation? And could you assess a few of those who disagree with the need for regulation?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 1, 2008
Analysis
Modified Wall Street Rescue Plan Awaits Senate Vote
As the Senate votes on a modified version of the $700 billion bailout package that the House rejected, political and economic experts assess the measure's likely path and how it will affect financial markets abroad.

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Oct. 1, 2008
Blog
What would happen if we did nothing to fix the credit crisis?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 1, 2008
Slide Show
Before Senate Vote, Protesters Demonstrated Against Bailout in D.C.
On Sept. 29, the House rejected a $700 billion bailout for Wall Street. On Oct. 1, the Senate passed its own rescue bill, sending it back to the House. Hours before the vote, demonstrators against the bailout voiced their opinions on the streets of Washington, D.C.


Oct. 1, 2008
Blog
If many people have a stake in my mortgage, what happens when I make a payment?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 1, 2008
Blog
Why is a bailout being considered, not massive loans?
Paul Solman answers questions on business and economic news on "The Business Desk."


Oct. 1, 2008
Blog
What do you think about Allen Meltzer's views on rescue plan?
Paul Solman answers questions on business and economic news on "The Business Desk."

SEPTEMBER
Sept. 30, 2008
Analysis
Americans Fear Personal Investments Hit by Credit Crunch
A record decline in U.S. markets Monday spread panic to average Americans worried about their investments. Finance writers Jane Bryant Quinn of Newsweek and Brett Arends of the Wall Street Journal assess how the credit crisis will impact personal finances.

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Sept. 30, 2008
Debate
Bailout Discord Persists as Congress Seeks to Fix Economy
With Congress set to revisit reaching a compromise over the proposed $700 billion bailout that failed in the House on Monday, a panel of lawmakers debate the plan and future efforts to alleviate the economic meltdown.

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Sept. 30, 2008
Update
President Urges Congress to Take 'Decisive Action' on Bailout
Stocks opened higher Tuesday morning, but financial markets remained troubled a day after the House voted down a $700 billion rescue plan for the financial sector that the Bush administration and congressional leaders had agreed was necessary.


Sept. 30, 2008
Blog
Which was the only stock in the S&P 500 to go up yesterday?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 29, 2008
Report
Florida's Economy Impacts Voters' Election Day Decisions
With the housing market in turmoil and the markets reeling from the credit crisis, voters in the battleground state of Florida are scrutinizing what each of the candidates may be able to do to tackle the situation. Judy Woodruff reports on what voters are saying.

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Sept. 29, 2008
Analysis
Rescue Bill Failure Shocks Wall Street
The House defeated a $700 billion rescue package Monday, causing serious turmoil on Wall Street. A panel of reporters discuss the implications of the rescue rejection.

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Sept. 29, 2008
Report
House Defeats Wall Street Rescue Plan
A controversial $700 billion Wall Street rescue bill backed by Congressional leaders and the Bush administration failed to pass in the House of Representatives Monday. Kwame Holman reports on the dramatic day on Capitol Hill.

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Sept. 29, 2008
Blog
With the world shifting under our feet, a response to the day's record events.
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 29, 2008
Update
House Rejects $700 Billion Bailout; Stocks Plummet
The House on Monday defeated a $700 billion emergency rescue package, ignoring pleas from President Bush and bipartisan congressional leaders to bail out the financial industry, while the Dow Jones industrial average lost more than 700 points.


Sept. 29, 2008
Blog
Reporter's Notebook: Judy Woodruff Previews 'Battleground: Florida' Series
Senior correspondent Judy Woodruff spoke with the NewsHour's Steve Goldbloom about her recent reporting trip through the battleground state of Florida. The first of her three reports focuses on the economy and airs Monday.

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Sept. 29, 2008
Update
In Latest Shake-Up, Citigroup to Acquire Wachovia
In the latest shake-up of the widening global financial crisis, Citigroup will acquire the banking operations of Wachovia Corp.


Sept. 26, 2008
Analysis
McCain, Obama Clash on Foreign Policy, Economic Future in Tense First Debate
Sens. John McCain and Barack Obama sharply attacked each other's judgment on Iraq, Iran and Pakistan during Friday's debate. Political analysts and historians react to the candidates' performances.

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Sept. 26, 2008
Analysis
Shields, Brooks Weigh in on the Week's Dramatic Bailout Debate
It was a devastating week on Wall Street and a contentious one in Congress as politicians battled over bailout proposals. With the presidential candidates heading to the first debate, political analysts Mark Shields and David Brooks reflect on the developments.

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Sept. 26, 2008
Update
Largest Bank Failure in U.S. History Preempts Any Bailout Plan
Another blow was dealt to the ailing American finance system as Washington Mutual Bank was seized overnight by the U.S. government. By morning its assets were sold off to JPMorgan Chase. Business reporters detail the sudden and drastic move.

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Sept. 26, 2008
Debate
House Lawmakers Divided Over Scope of Government Intervention
Congressional leaders are showing signs of fatigue and frustration over continuing negotiations. Reps. Barney Frank and Mike Pence discuss the progress towards a workable plan.

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Sept. 26, 2008
Report
Kwame Holman Reports on Financial Woes Preceding Debates
Lawmakers have not been able to agree on a plan with the White House, nor with each other, choosing not to enact a bill for the near future. NewsHour correspondent Kwame Holman discusses the dealings on Capitol Hill.

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Sept. 26, 2008
Update
Bush Struggles to Unite Rebelling House Republicans on Bailout
As Washington struggles to reach consensus on a proposed Wall Street bailout, GOP senators have blocked a proposed Democratic plan to pump $56 billion into public works projects, help for the jobless and to help states with high Medicaid bills.


Sept. 26, 2008
Blog
McCain Agrees to Debate Obama Amid Bailout Negotiations
Despite his call earlier this week to postpone the first presidential debate, aides to GOP nominee John McCain announced the senator will participate.


Sept. 26, 2008
Update
Fed Takes Over WaMu in Largest Bank Failure in American History
As the debate over the proposed $700 billion bailout of Wall Street continues to rage in Washington, the government took over lending giant Washington Mutual Thursday night in what is by far the largest bank failure in American history.


Sept. 26, 2008
Blog
Is the principle of "buyer beware" the dominant principle in the American system?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 26, 2008
Blog
Is the American dream of home ownership and subsequently loaning money to unqualified home buyers a major cause of this crisis?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 25, 2008
Analysis
Congressional Leaders in Standoff Amid Financial Crisis
Congressional leaders worked on a rescue plan for Wall Street as Sens. McCain and Obama came to Washington to participate in bailout talks. Two political reporters and a business reporter discuss the political impasse and how a rescue plan might work.

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Sept. 25, 2008
Analysis
Congress, the White House Stall Over Market Rescue Plan
Resistance to the government's $700 billion bailout plan from lawmakers continued Thursday, adding pressure to finish a compromise deal that could bring certainty to the crisis. Kwame Holman reports on the obstacles to passing a final agreement between Congress and the Bush administration.

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Sept. 25, 2008
Update
Lawmakers Work to Hammer Out Deal on Financial Bailout
Lawmakers reported making progress Thursday on reaching an agreement on a sweeping financial bailout plan, which has stirred days of debate over how to better safeguard taxpayers as Wall Street continues its tailspin.


Sept. 25, 2008
Blog
What regulations do you think would possibly fix this situation?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 25, 2008
Blog
I'm wondering, why I should care about this credit crisis?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 25, 2008
Update
Fragile Peacemaking Underway as Nepal Ushers in Democracy, Seeks Talks with U.S.
After a decade-long civil war that left about 13,000 people dead ended in 2006, Nepal has reached a milestone in its peace process even though it is being guided by the same man who led the insurgency.


Sept. 24, 2008
Update
President Calls for Sweeping Government Intervention in U.S. Economy
Warning "our entire economy is in danger", President Bush made a somber address to the nation Wednesday, outlining the need for a sweeping government intervention in the nation's financial system in order to prevent widespread collapse.


Sept. 24, 2008
Blog
McCain Calls to Postpone Friday Debate to Focus on Financial Crisis
Republican candidate Sen. John McCain has asked that Friday's first presidential debate be postponed to allow him and Democratic rival Barack Obama to return to Washington and work on the proposed $700 billion economic bailout.


Sept. 24, 2008
Blog
Kindly explain just how the U.S. taxpayer will be asked to cough up nearly $ 1 trillion to pay for this bailout?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 24, 2008
Blog
With all of the trouble on Wall Street, is it the end of the world as we know it?
Paul Solman answers your questions on business and economic news on "The Business Desk."


Sept. 24, 2008
Analysis
Wall Street Woes Ripple Through Local Economies
The collapse of financial institutions on Wall Street has sent ripples of fear through local economies across the U.S. Four business journalists from across the nation assess the regional impacts of the financial upheaval.

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Sept. 24, 2008
Analysis
Obama Rebuffs McCain's Call to Delay Debate Amid Crisis
Sen. John McCain called for Friday's debate to be delayed amid the financial crisis, a move quickly rebuffed by Sen. Barack Obama. Analysts Ruth Marcus and Byron York assess the developments.

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Sept. 24, 2008
Report
Bailout Plan Dominates Campaign Trail and Capitol Hill
Sens. John McCain suggested delaying Friday's presidential debate amid concerns over the nation's financial crisis as lawmakers sought to reach a compromise on a $700 billion government bailout plan. Kwame Holman reports on the latest news from the campaign trail and Capitol Hill.

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Sept. 24, 2008
Update
Buffett Sinks $5 Billion Into Goldman Sachs
As debate swirled on Capitol Hill over a proposed financial rescue plan, renowned investor Warren Buffett decided late Tuesday to buy a $5 billion stake in embattled Wall Street Titan Goldman Sachs.


Sept. 23, 2008
Report
Firms' Soaring Credit Debt Prompted Federal Rescue
Unmanageable loans and debt of firms like Lehman Brothers, Fannie Mae, Freddie Mac and AIG led to declines in their credibility and the end of growth based on credit. Paul Solman explains how these giants lost control of their finances and why credit plays a central role.

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Sept. 23, 2008
Analysis
Massive Financial Rescue Faces Skepticism in Congress
Fed chief Ben Bernanke and Treasury head Henry Paulson answered questions from skeptical members of Congress Tuesday as they pushed their $700 billion bailout plan. Analysts discuss the details of the proposal.

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Sept. 23, 2008
Report
Lawmakers Pose Tough Questions on Bailout Proposal
Federal Reserve chief Ben Bernanke and Treasury Secretary Henry Paulson faced tough questions from skeptical members of Congress Tuesday over a $700 billion financial bailout plan. Kwame Holman reports on the hearings and other developments in the financial crisis.

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Sept. 23, 2008
Update
Google Barges Into Phone Market with G1 and Open-Source Android Software
Internet search giant Google on Tuesday unveiled its first foray into the global mobile phone market, introducing the T-Mobile G1, informally known as the "Google phone."


Sept. 23, 2008
Update
Bernanke and Paulson Urge Congress to Act; Lawmakers Call for More Time
Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson urged Congress to pass a $700 billion financial bailout Tuesday, saying the national economy could suffer more if too much time passes.


Sept. 23, 2008
Blog
Isn't the tumbling marketplace a result of the various regulations?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 23, 2008
Blog
Isn't the tumbling marketplace a result of the various regulations?
Paul Solman answers economy questions on the "Business Desk."


Sept. 23, 2008
Blog
Isn't the tumbling marketplace a result of the various regulations?
Paul Solman answers your questions on business and economic news on "The Business Desk."


Sept. 22, 2008
Analysis
Candidates Voice Concerns for Taxpayers Amid Bailouts
As the government seeks to shore up the stability of U.S. financial markets, Sens. John McCain and Barack Obama expressed concern over the consequences of the massive bailouts for average taxpayers. Political reporters recap the latest news from the campaign trail.

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Sept. 22, 2008
Analysis
Goldman, Morgan Shift Operations as Wall Street Reels
Goldman Sachs and Morgan Stanley's conversion into bank holding companies signaled the end of the investment bank model synonymous with Wall Street. Andrew Ross Sorkin of The New York Times details the changes on Wall Street and the impact of government bailouts on the marketplace.

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Sept. 22, 2008
Debate
Congress Struggles With Scope of Financial Rescue Plan
The government's $700 billion financial bailout proposal now faces lawmaker approval. Senate finance committee members describe which parts of the plan are stirring debate.

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Sept. 22, 2008
Blog
If someone said to you, I have $100,000 of hard earned money saved, where would you invest it?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 22, 2008
Blog
Obama and McCain Talk Economy, Launch New Ads
As Congress mulls a sweeping $700 billion bailout of soured U.S. mortgage investments, the presidential contenders continued to offer their views on the handling of the Wall Street crisis in campaign appearances and newly launched ads.


Sept. 22, 2008
Update
Profiles of the Troubled Financial Giants
An updated look at some of the players involved the financial industry's recent turmoil:


Sept. 22, 2008
Blog
Is it too much to ask that the top CEOs of a big corporation be paid no more than five to 10 times the wage of the lowest paid full-time employee?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 22, 2008
Blog
Where do the funds for the bailouts and related rescue efforts in fact come from?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 22, 2008
Update
Congress Mulls $700B Financial Rescue Plan; Morgan, Goldman Shift Operations
Lawmakers faced an intense round of negotiations Monday over a proposed $700 billion financial rescue plan as Congressional Democrats called for a cautious approach to stabilizing troubled financial markets and shoring up Wall Street's balance sheet.


Sept. 21, 2008
Blog
Why has the Fed repeatedly lowered interest rates?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Analysis
Wall Street Upheaveal Puts McCain, Obama to the Test
Wall Street's woes put the economy at the top of the campaign agendas of John McCain and Barack Obama this week as the two sought to shape their views on government regulation and other issues. Analysts Mark Shields and David Brooks examine reactions to the crisis.

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Sept. 19, 2008
Report
Candidates Differ on Terms of Financial Sector Rescue
Presidential contenders Barack Obama and John McCain offered differing views Friday on proposals for a sweeping government bailout of the weakened financial sector. Judy Woodruff reports on their latest reactions to the Wall Street crisis.

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Sept. 19, 2008
Analysis
Wall Street Turmoil Marks Wholesale Shift in Banking Sector
After a week on Wall Street that saw stalwart financial firms fall and unprecedented levels of government intervention, NewsHour economics correspondent Paul Solman and market historian Richard Sylla offer perspective on the events.

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Sept. 19, 2008
Analysis
Government Eyes Sweeping Wall Street Rescue Plan
After Ray Suarez recaps Friday's updates on government efforts to rescue the a financial system teetering on bad mortgage bets, Margaret Warner speaks with a financial columinst and a business reporter about the government's intervention and the impact of the Wall Street shakeup.

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Sept. 19, 2008
Blog
Does the current financial meltdown prove that our economy is based more on just smoke and mirrors and not on true productivity?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Blog
Could you explain what a derivative is and how this is part of the Wall Street problem?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Blog
What is the source of the money for rescuing large financial firms?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Blog
Are our problems limited to the corrupt actions of individual investment firms?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Blog
Is it possible as a worst case scenario for the Feds to close the banks?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Blog
Can the recent market fallout be traced back to Reagan?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Blog
What if the brokerage firm that handles my IRA fails?
Paul Solman answers questions on business and economic news on "The Business Desk."


Sept. 19, 2008
Update
Fed, Congress, President Review Plans to Aid Flailing Financial Markets
President Bush and Treasury Secretary Henry Paulson pushed Congress Friday to cooperate with a plan to rescue the country's markets by authorizing the government to purchase failing mortgages at highly discounted rates.


Sept. 18, 2008
Analysis
Consumers Fret as Wall Street's Turmoil Continues to Unfold
Personal finance concerns have jumped across the country as trouble among U.S. financial firms has roiled Wall Street. Columnist Jane Bryant Quinn and economist Diane Swonk discuss the impact of the crisis on everyday Americans.

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Sept. 18, 2008
Analysis
Government Reshapes Role in Financial Sector With Bailouts
The financial crisis gripping Wall Street this week has led to an unprecedented level of government intervention. Policy experts examine the government's role in the crisis.

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Sept. 18, 2008
Report
Central Banks Add Liquidity to Wobbly Markets
President Bush addressed recent shifts in the financial sector, central banks flooded currency markets with cash in an attempt to spur banks to begin lending again and the presidential candidates offered fresh reactions to the crisis. Kwame Holman and Judy Woodruff recap the economic news of the day.

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Sept. 18, 2008
Update
World Banks Add Liquidity to Markets, Speculation Grows Over New Mergers
The world's central banks injected $180 billion into markets early Thursday to revive a global financial system that had nearly ground to a halt amid a crisis on Wall Street and to ensure the banks can access enough cash for lending.


Sept. 18, 2008
Blog
How deeply has the home foreclosure problem affected retirees?
Paul Solman answers this question and many more in the "Business Desk."


Sept. 17, 2008
Report
Candidates React to AIG Bailout, Tout Reform Plans
Troubles on Wall Street and concerns over the U.S. economy took center stage on the campaign trail again Wednesday. Judy Woodruff reports on the latest remarks from Sens. John McCain and Barack Obama on financial sector shifts.

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Sept. 17, 2008
Analysis
Government's Rescue of AIG Fails to Calm Nervous Investors
The government's bailout of AIG failed to boost stock markets Wednesday, with the Dow dropping more than 400 points. Economic analysts examine the government's decision to aid the insurer and the state of financial woes.

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Sept. 17, 2008
Analysis
Government Decides to Offer $85B Lifeline to AIG
Insurer American International Group, Inc. faced possible collapse until the federal government decided to offer it an $85 billion lifeline Wednesday. After a look at the latest troubles on Wall Street, financial reporters detail the government bailout.

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Sept. 17, 2008
Update
Stocks Plunge Despite Fed's $85B Bailout of AIG
Even though the U.S. government threw an $85 billion lifeline to troubled insurer American International Group, Inc. Tuesday, U.S. stocks took another beating Wednesday led by plummeting shares of investment banks Morgan Stanley and Goldman Sachs.


Sept. 17, 2008
Blog
McCain Pushes Regulation, Obama Blames Failed Economic Philosophy in AIG Statements
Sens. John McCain and Barack Obama offered fresh reactions to the continuing Wall Street tumult Wednesday in statements addressing the $85 billion government bailout of troubled insurer AIG.


Sept. 17, 2008
Insider Forum
Market Watchers Answered Your Questions on Consumer Impact of Financial Turmoil
After a frantic weekend, financial giant Lehman Brothers filed for bankruptcy, Bank of America bought Merrill Lynch in a $50 billion deal, and the government bailed out AIG for $85 billion. Analysts and market watchers answered your questions about what it all means for your wallet.

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FUNDED IN PART BY: The Knight Foundation


Sept. 17, 2008
Blog
Last year Lehman Brothers' CEO made $71 million. Now his company has collapsed.
Paul Solman answers this question and many more in the "Business Desk."


Sept. 16, 2008
Debate
Presidential Contenders Call for Financial Industry Regulation
Sens. John McCain and Barack Obama promised tighter government regulation of Wall Street Tuesday as they struggled to address the country's economic woes from the campaign trail. Campaign advisers debate the candidates' proposals to regulate the investment industry.

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Sept. 16, 2008
Analysis
Fed Aims to Stabilize Markets as Jittery Investors Watch AIG
With the financial industry still reeling from Monday's collapse of key institutions, the Federal Reserve pumped another $70 billion into the teetering system Tuesday. Two business journalists discuss the Fed's relief efforts.

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Sept. 16, 2008
Update
Fed Rejects Rate Cut, Global Markets Retreat amid Wall Street Turmoil
The Federal Reserve Tuesday announced it will not lower a key interest rate below 2 percent despite Wall Street's major troubles and a drop in global markets.


Sept. 15, 2008
Analysis
Uncertainty Hits Wall Street After Lehman, Merrill Meltdown
The demise of Lehman Brothers, Merrill Lynch's $50 billion buyout and concerns about AIG caused a Wall Street panic Monday. Economic analysts give insight on the causes and implications of the financial crisis.

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Sept. 15, 2008
Analysis
Wall Street Turmoil Forces Change to Banking Landscape
After a frantic weekend on Wall Street, Lehman Brothers filed for bankruptcy and Bank of America moved to buy Merill Lynch -- all of which sent the Dow Jones industrial average plunging on Monday. Reporters from the New York Times and the Wall Street Journal detail the shockwaves rattling the financial sector.

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Sept. 15, 2008
Blog
With all of the trouble on Wall Street, is it the end of the world as we know it?
Paul Solman answers this question and many more in the "Business Desk."


Sept. 15, 2008
Update
Lehman Brothers Files for Bankruptcy, Merrill Lynch Sells to Bank of America
After a frantic weekend that shook Wall Street to the core, Lehman Brothers filed for bankruptcy Monday under the weight of $60 billion in bad real estate holdings and Bank of America moved to buy Merrill Lynch in a $50 billion deal.


Sept. 11, 2008
Blog
How will the taxpayers pay if Fannie and Freddie Mac fail?
Paul Solman answers this question and many more in the "Business Desk."


Sept. 11, 2008
Blog
When running as intended, what cost difference does Fannie and Freddie make to the mortgage payment of the average house?
Paul Solman answers this question and many more in the "Business Desk."


Sept. 10, 2008
Update
Lehman Plans Asset Sale to Boost Investor Confidence
Investment bank Lehman Brothers announced plans Wednesday to sell a majority stake in its investment management business as the company struggles to stay afloat after reporting a record quarterly loss of about $4 billion.


Sept. 9, 2008
Analysis
United Airlines Tallies Damage From False Stock Report
A 2002 news article about United Airlines filing for bankruptcy protection resurfaced erroneously on trading screens Monday -- and the company's shares quickly plummeted as a result. Business reporter Frank Ahrens of the Washington Post examines the mishap.

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Sept. 9, 2008
Debate
Senators React to Freddie Mac, Fannie Mae Rescue Plan
After the U.S. Treasury's decision to take over mortgage giants Fannie Mae and Freddie Mac, Senate Banking Committee members Chris Dodd, D-Conn., and Richard Shelby, R.-Ala., provide Congressional perspective on the rescue plan and assess the road ahead.

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Sept. 8, 2008
Analysis
Questions Remain After Fannie Mae, Freddie Mac Takeover
Most U.S. stocks rose following the federal government takeover of mortgage giants Fannie Mae and Freddie Mac, but questions lingered over the impact on the housing market and the credit crisis. Business reporters and analysts mull the implications of the deal.

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Sept. 8, 2008
Analysis
Treasury Official Explains Fed's Move to Rescue Housing Firms
After a recap of the weekend's news on the government takeover of housing giants Fannie Mae and Freddie Mac, acting Treasury Undersecretary Andrew Ryan details the move.

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Sept. 8, 2008
Update
Markets Rise on News of Fannie Mae, Freddie Mac Takeover
Global stocks and the dollar jumped Monday on the news that the government seized control of mortgage giants Fannie Mae and Freddie Mac Sunday in a landmark attempt to stabilize the firms and contain the financial crisis caused by the housing slump.


Sept. 5, 2008
Update
Unemployment Rate Jumps to Five-Year High
The nation's unemployment rate rose to a five-year high of 6.1 percent in August, according to a new Labor Department report, as employers continued to cut jobs in a troubled economy.


Sept. 4, 2008
Blog
Pa. Delegates Name Security, Economy as Top Issues
With union voters, both urban and rural areas and large numbers of military living in Pennsylvania, the Keystone state is shaping up to be a key battleground the presidential election.


Sept. 4, 2008
Insider Forum
McCain Economic Adviser Pledges to Reduce Federal Budget, Cut Taxes
During an Insider Forum on the last day of the Republican National Convention, Douglas Holtz-Eakin, senior economic adviser to Sen. John McCain, answered visitors' questions about efforts to balance the budget, limit the growth of government and cut taxes.

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FUNDED IN PART BY: The Knight Foundation


Sept. 3, 2008
Conversation
Republicans Appeal to Voters Through Economic Agenda
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.

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Sept. 3, 2008
Blog
Has anyone ever done a study of household income?
Paul Solman answers your business and economic questions in the "Business Desk."


Sept. 2, 2008
Blog
Economy Is Top Concern for Michigan GOP Delegation
Michigan's faltering economy was a key topic of conversation Tuesday morning as members of the state's GOP delegation gathered for a breakfast meeting in St. Paul. More than half the voters in Michigan's January Republican primary ranked the economy as their most important issue.


Sept. 2, 2008
Analysis
'McCain-onomics' Put to the Test in Northern Virginia
With the Republican convention underway in St. Paul, the NewsHour's economics correspondent Paul Solman speaks with Nancy Pfotenhauer, an adviser to Sen. John McCain's campaign, about the GOP presidential hopeful's economic policies and how they could impact everyday Americans.

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AUGUST
Aug. 28, 2008
Update
Economy Grows Faster Than Predicted in Second Quarter
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.


Aug. 26, 2008
Conversation
Democratic Leaders Mull Obama's Economic Policy
Two leading Democrats, Colorado Gov. Bill Ritter and New York Sen. Chuck Schumer discuss what an Obama administration would do to address the economic difficulties facing the nation.

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Aug. 26, 2008
Report
Denver Offers Testing Ground for 'Obama-nomics'
Apart from hosting the Democratic National Convention, Denver residents are also assessing the possible impacts of Sen. Barack Obama's economic policies, including middle class tax cuts and investments in education and alternative energy. Paul Solman examines Obama's plan.

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Aug. 26, 2008
Update
Health Insurance Rates Rise, Poverty Unchanged in 2007
The number of people without health insurance in the United States fell last year for the first time since the beginning of the Bush administration, according to a report released by the Census Bureau Tuesday on poverty, income and health insurance.


Aug. 26, 2008
Update
Home Prices Dip, but Market Signals Improvement
While the U.S. housing market continues to suffer from a slide, new statistics released Tuesday show some evidence that the situation is improving as reluctant buyers return to the market to snatch up bargains.


Aug. 22, 2008
Blog
Does the U.S. export domestic oil? If so, how much, to where and why?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 20, 2008
Blog
The 'Whale Oil Myth'
Paul Solman answers your business and economic questions in the "Business Desk."


Aug. 20, 2008
Conversation
Wall Street's Role in the U.S. Mortgage Crisis Examined
As part of an ongoing series of conversations on recent U.S. economic woes, Paul Muolo co-author of "Chain of Blame: How Wall Street Caused The Mortgage and Credit Crisis" discusses his investiation into Wall Street's connection to the current housing and mortgage crisis.

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Aug. 19, 2008
Report
Rice Production Makes a Comeback in War-ravaged Cambodia
Amid rising food prices and supply shortages, Cambodia has managed to increase its food production by turning the war-ravaged country's former "killing fields" into rice fields. Fred de Sam Lazaro reports on the transformation.

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Aug. 19, 2008
Update
Wholesale Inflation Rises, Home Construction Falls
Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, while construction of homes and apartments fell to the lowest level in more than 17 years, the government reported Tuesday.


Aug. 18, 2008
Report
Bottling Giant, Maine Residents Battle over Water
Bottled water is a hot commodity -- Americans drank almost 9 billion gallons of it last year. But some Maine residents think less of it should come from their state. They are challenging Poland Spring over rights to the state's spring water aquifers. Tom Bearden reports.

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Aug. 18, 2008
Conversation
Americans' Reliance on Credit Leads Many Into Debt
The ease with which Americans can make purchases using credit cards and loans has led to increased personal debt. Jeffrey Brown speaks with Stuart Vyse, author of "Going Broke: Why Americans Can't Hold On To Their Money," about the roots of the country's financial troubles.

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Aug. 18, 2008
Report
Black Communities Struggle with Soaring Energy Costs
Energy and food prices are skyrocketing. Some people are forgoing necessities, simply because they costs too much. Some black communities have been hit particularly hard because residents pay a larger percentage of their incomes on energy costs.

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Aug. 15, 2008
Conversation
Struggling Economy Hitting America's Middle Class Hard
In the second installment in a series of conversations about the struggling economy, Ray Suarez speaks with author Nan Mooney about what she found to be troubling America's middle class. She interviewed more than 100 people for latest book, "(Not) Keeping Up With Our Parents: The Decline of the Professional Middle Class."

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Aug. 15, 2008
Report
Environmental Demand Drives Eco-friendly Products
As public demand for eco-friendly products increases, businesses rush to fill the gap with "green" products touting a lower carbon footprint. Spencer Michels reports on this growing development.

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Aug. 15, 2008
Conversation
Extended Interview: Clorox CEO and Sierra Club Chief on Green Products
In January, Clorox launched a line of all-natural cleaners called "Green Works" -- with an endorsement from the Sierra Club. In this extended interview, Clorox CEO Don Knauss and Sierra Club Executive Director Carl Pope discuss the products, and their decision to work together, with the NewsHour's Spencer Michels.


Aug. 15, 2008
Blog
How do speculators affect the price of crude oil?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 15, 2008
Blog
How can the U.S. government be continuously providing billions of dollars to various countries (we have trillions of dollars in debt)?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 14, 2008
Conversation
American 'Lust' for Homeownership Tied to Credit Crisis
The drive to own more homes and renovate old ones in the U.S. fueled the number of bank loans that underlie the country's meltdown. In the first in a series of interviews on the economic downturn, Daniel McGinn, author of "House Lust," details his take on the factors behind the housing and credit crises.

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Aug. 14, 2008
Report
Elderly Face Soaring Prices Amid Economic Slump
Among Americans hit hard by the country's economic downturn are senior citizens, who are struggling to pay energy and food bills and reeling from cuts to community services due to budget constraints. Tom Bearden reports from Denver.

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Aug. 14, 2008
Update
Energy, Food Costs Push Consumer Prices up, Fueling Inflation Fears
The Labor Department reported a 0.8 percent rise in consumer prices in July -- double the expected rate -- sending inflation on its fastest annual pace in 17 years.


Aug. 13, 2008
Update
Sagging Interest in Motor Vehicles Drives July Retail Sales Down
Driven down by sagging demand for vehicles, U.S. retail sales had their worst showing in five months in July, according to newly released government figures.


Aug. 12, 2008
Report
Denver Battles Fuel Prices with New Mass Transit Plan
In response to soaring fuel costs, Denver city planners are taking steps toward expanding the city's public transportation system.

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Aug. 12, 2008
Update
Report: Many Companies Able to Avoid Paying U.S. Income Taxes
Despite trillions of dollars in revenue, a large swath of domestic and foreign corporations paid no U.S. income taxes between 1998 and 2005, according to a government study released Tuesday.


Aug. 12, 2008
Blog
Can you explain "moral hazard" in how it increases the cost of health care?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 12, 2008
Blog
Can you explain "moral hazard" in how it increases the cost of health care?
Paul Solman answers your questions on business and economic news on "The Business Desk."


Aug. 11, 2008
Conversation
Former Oilman Makes Bid for Homegrown Alternative Energy
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.

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Aug. 11, 2008
Blog
What can be done about today's unemployment statistics?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 5, 2008
Blog
Can we hear from people inside the financial sector who really want reform?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 5, 2008
Update
Fed Opts to Leave Key Interest Rate Unchanged
The Federal Reserve decided Tuesday for a second consecutive meeting to keep a key interest rate at 2 percent, saying that overall the economy is doing well despite inflationary fears.


Aug. 5, 2008
Blog
Do you believe that some of the run up in oil prices is based on speculation?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 4, 2008
Blog
Why didn't the private mortgage insurance avert the current banking crisis?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 1, 2008
Slide Show
Matched Savings Program Targets Miss. Poverty
AJFC Community Action works with low-income families in nine poverty-plagued counties in southwest Mississippi to help them learn financial skills and save for homeownership. In this slide show, hear participants describe their experiences.

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Aug. 1, 2008
Blog
How exactly did the banks lose money?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 1, 2008
Update
Programs Aim to Break Cycles of Poverty in the South Through Home Ownership
As near-daily reports of housing woes -- from lenders and homebuyers alike -- grip the United States, community-based programs around the country are continuing the slow work of trying to encourage responsible asset building for lower-income workers.


Aug. 1, 2008
Update
FCC Rules Comcast Violated Internet Access Policy
A divided Federal Communications Commission ruled Friday that Comcast Corp. violated federal policy when it blocked Internet traffic for some subscribers. The cable giant has been ordered to change the way it manages its network.


Aug. 1, 2008
Blog
I am graduating from high-school. What can I expect to see in the future?
Paul Solman answers this question and many more in the "Business Desk."


Aug. 1, 2008
Update
U.S. Employers Cut 51,000 Jobs in July
The U.S. unemployment rose to its highest level in four years in July as employers slashed 51,000 jobs, according to a Labor Department report released Friday.

JULY
July 31, 2008
Blog
Why do some people refer to the current price of oil as a "bubble"?
Paul Solman answers this question and many more in the "Business Desk."


July 30, 2008
Analysis
Trade Talks Collapse Highlight Differences Between Developing, Developed Worlds
Opposition from increasingly important China and India derailed efforts to negotiated a global trade deal Tuesday. With the talks stalled, two economic experts assess the impact on American and international businesses and farmers.

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July 30, 2008
Report
On the Campaign Trail, Candidates Talk Energy Prices
Sens. Barack Obama and John McCain each outlined their positions on the debate over allowing more off-shore drilling to ease energy prices and overall voter concerns on energy costs.

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July 29, 2008
Analysis
Economy Returns to Center Stage of Campaign Trail
Sens. John McCain and Barack Obama focused their campaigns on the sluggish U.S. economy this week amid voter concerns over economic troubles and a looming record budget deficit. Campaign advisers debate the effectiveness of the rivals' plans.

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July 29, 2008
Update
Home Prices Slid 15.8% in May, Survey Finds
Home prices slid by a steep 15.8 percent in 20 U.S. cities in May, according to the Standard & Poor's/Case-Shiller home-price index released Tuesday, offering the latest evidence of continuing struggles in the nation's housing market.


July 28, 2008
Conversation
FDIC Chief: Most Banks Will Survive Credit Crunch
Poor lending and underwriting caused two more banks in the U.S. to close over the weekend, yet regulators and the Federal Deposit Insurance Corporation, or FDIC, are helping banks remain stable as the economy struggles. Sheila Bair,the chair of FDIC, explains the process.

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July 28, 2008
Update
White House Announces Record Budget Deficit
Whoever wins the presidency in November will be saddled with a record budget deficit of $482 billion, according to a Bush administration estimate released Monday.


July 25, 2008
Update
Foreclosures More than Double; Uptick Seen in Durable Goods
U.S. homeowners lost 220,000 homes to foreclosure in the second quarter, according to a report issued Friday by RealtyTrac, Inc., a marketer of foreclosed homes.


July 24, 2008
Analysis
Housing Rescue Bill Awaits Senate, but Questions Linger
A hotly-debated housing bill aimed at helping struggling homeowners and shoring up Fannie Mae and Freddie Mac is next headed for the Senate. Sens. Chris Dodd, D-Conn., and Richard Shelby, R-Ala., discuss the details.

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July 24, 2008
Update
Ford Reports $8.7 Billion Second-Quarter Loss
The Ford Motor Co. on Thursday posted a second-quarter loss of $8.7 billion, due mostly to the declining value of its SUV and pickup truck lines, and announced a plan to overhaul its North American production to focus on small cars.


July 23, 2008
Analysis
Wide-reaching Housing Rescue Legislation Moves Forward
The House approved Wednesday a hotly-debated housing rescue package aimed at helping strapped homeowners avoid foreclosures after President Bush dropped his opposition to the bill. Experts examine the measure.

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July 23, 2008
Blog
The Health Care Debate: Eliminate the for-profit middle man and all is solved?
Paul Solman answers this question and many more in the "Business Desk."


July 23, 2008
Blog
Why can't the U.K.'s fuel efficient vehicles be sold in the U.S.?
Paul Solman answers this question and many more in the "Business Desk."


July 23, 2008
Update
President Bush Drops Veto Threat for Housing Bill
President Bush will sign into law a housing rescue bill hammered out in a compromise among House and Senate leaders, the White House said Wednesday.


July 22, 2008
Update
Wachovia Posts Surprising $8.9 Billion Loss
Banking giant Wachovia Corp. reported a nearly $9 billion second-quarter loss Tuesday, surprising Wall Street analysts who had expected a smaller drop. The company plans to cut 6,350 jobs and slash dividends to offset the losses.


July 22, 2008
Blog
Is capitalism the best arangement under which greed will do the least harm?
Paul Solman answers this question and many more in the "Business Desk."


July 22, 2008
Blog
What is the future of home loans?
Paul Solman answers this question and many more in the "Business Desk."


July 21, 2008
Report
Airplanes Scale Back Service as Oil Prices Soar
Despite efforts to ease the burden of soaring fuel costs by adding luggage fees and slashing flights, major airlines continue to suffer losses and predict fare hikes this fall. Tom Bearden reports on the latest woes of the airline industry.

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July 18, 2008
Analysis
Analysts Tackle Economy Woes, Obama's Overseas Trip
Analysts David Brooks and Ruth Marcus take up the U.S. economy's shaky health and Sen. Barack Obama's trip to the Middle East and Europe, which has drawn vast media coverage and was described by Sen. John McCain's camp as a publicity stunt.

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July 18, 2008
Report
Bailout of Mortgage Firms Could Set Risky Precedent
As the nation's housing woes continue, the government announced a plan this week to shore up mortgage-giants Fannie Mae and Freddie Mac. Paul Solman weighs the role of government intervention and the possible ramifications of rewarding risky financial behaviors.

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July 18, 2008
Blog
Is there any way we can hedge against the energy and commodities as an individual investor?
Paul Solman answers this question and many more in the "Business Desk."


July 17, 2008
Analysis
Reporters Measure Economy's Health Across the U.S.
Business reporters and columnists from across the country assess how recent economic troubles, including inflation and housing market problems, have impacted local communities.

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July 17, 2008
Newsmaker Interview
Fannie Mae CEO Defends Mortgage Giant's Stability
Fannie Mae CEO Daniel Mudd reacts to questions about the stability of the mortgage-lending giant after the government took steps earlier this week to back Fannie Mae and Freddie Mac in order to maintain stability and confidence in U.S. financial markets.

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July 17, 2008
Update
Tax Hike Dispute Reveals Chink in Argentine President's Popularity
Argentina's President Cristina Fernandez, elected in a landslide vote in October, has started to encounter the country's economic and political realities, as evidenced in Thursday's legislative rejection of a proposed tax hike.


July 17, 2008
Update
Gore Aims High on Renewable Energy Goal for U.S.
Former Vice President and Nobel laureate Al Gore outlined a bold climate goal for the nation Thursday, challenging the U.S. to create every kilowatt of electricity through renewable energy sources within 10 years.


July 16, 2008
Report
Rising Fuel Costs Damage Viability of Fishing Industry
Rising fuel costs are reaching far into the pockets of tuna fisherman, who are struggling to keep their businesses alive as the price of fuel skyrockets.

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July 16, 2008
Analysis
Consumer Price Index Report Adds to Economic Woes
Rising consumer prices are raising Americans' cost of living, adding to economic woes, according to a new economic report. Analysts discuss the recent report and what it means for American consumers.

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July 16, 2008
Update
Consumer Prices Rise at Fastest Rate Since '82
The Labor Department reported Wednesday that consumer prices jumped 1.1 percent in June, marking the fastest rise in more than a quarter century and fueling further concerns over inflation levels in the jittery U.S. economy.


July 15, 2008
Essay
Small Cars Make a Comeback Amid High Gas Prices
Soaring gas prices have led many U.S. drivers to forgo large vehicles like SUVS for smaller cars. Essayist Anne Taylor Fleming examines the shift in consumer preference.

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July 15, 2008
Analysis
Tribune Co. Fraught with Debt, Leadership Loss
As the Tribune Co. searches for ways to sustain its readership, two of its major papers, the Chicago Tribune and the Los Angeles Times, suffered heavy losses in leadership. A columnist and a professor discuss the latest blows to the company and changes in the media landscape.

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July 15, 2008
Analysis
Government Bailouts, Poor Growth Fuel Concerns Over Banking Sector
Troubling economic reports and bleak forecasts from the nation's economic policymakers have fueled new concerns over the health of the economy and the stability of the nation's banks. Banking experts offer insight.

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July 15, 2008
Report
Continued Economic Concerns Draw Attention on Hill
Amid signs of continued economic distress, President Bush and the nation's top economic policymakers fanned out across Washington, seeking to reassure roiling markets, skittish investors, and a worried public. Ray Suarez wraps up the latest economic news.

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July 15, 2008
Forum
A Right to Online Privacy?
How much information should online advertisers and Web site operators know about you? And how should they be able to use this information? Congress is trying to establish rules so that the rights of both online users and advertisers are protected.


July 15, 2008
Update
Bernanke: Economy Faces 'Numerous Difficulties'
Amid a flurry of government-backed steps to fortify the U.S. economy, Fed chief Ben Bernanke told lawmakers Tuesday the economy continues to face "numerous difficulties" including turbulent financial markets, rising unemployment and housing troubles.


July 14, 2008
Analysis
Treasury, Fed Propose Safety Net for Mortgage Giants
Congress must soon decide on a U.S. Treasury-Federal Reserve measure to save mortgage giants Freddie Mac and Fannie Mae from further crisis. An economics editor and House Financial Committee members weigh the options.

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July 14, 2008
Update
InBev to Buy Anheuser-Busch for $52 Billion
The largest U.S. beer maker and American icon, Anheuser-Busch, accepted a $52 billion cash takeover offer from rival Belgium-based brewer InBev late Sunday after a month-long standoff.


July 14, 2008
Update
U.S. Government Takes Steps to Back Struggling Mortgage Giants
The Treasury Department and Federal Reserve laid out plans Sunday to help bolster lagging confidence in mortgage-finance giants Fannie Mae and Freddie Mac.


July 11, 2008
Analysis
Shields, Brooks Assess Struggles in the Economy, Campaign News
With continued financial troubles in the headlines, the presidential hopefuls have made their plans to improve the economy central to their case to voters. Mark Shields and David Brooks discuss the Fannie Mae, Freddie Mac panic and campaign trail developments.

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July 11, 2008
Analysis
Worries of a Bailout of Mortgage Giants Hit Markets Hard
The market value of mortgage giants Freddie Mac and Fannie Mae slumped again Friday, but rebounded after officials downplayed the likelihood of government action. A reporter and analysts discuss the developments.

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July 11, 2008
Update
Paulson: No Bailout for Fannie Mae, Freddie Mac
Amid worries that Fannie Mae and Freddie Mac might run short of capital, Treasury Secretary Henry Paulson said Friday the government would support them "in their current form as they carry out their important mission."


July 10, 2008
Update
Fannie Mae, Freddie Mac Stocks Tumble over Bailout Fears
Shares of government-chartered mortgage giants Fannie Mae and Freddie Mac plunged to their lowest levels since 1991 in Thursday trading over concerns the companies won't be able to raise necessary capital.


July 8, 2008
Analysis
Fed Ready to Strengthen Regulations Tied to Lending Practices
Federal Reserve Chief Ben Bernanke outlined new rules Monday that are intended to protect homebuyers from risky lending practices blamed for a nationwide housing crisis. Wall Street Journal editor David Wessel examines the move.

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July 8, 2008
Update
Bernanke to Propose Stricter Mortgage Regulation
Federal Reserve Chairman Ben Bernanke outlined a new set of mortgage-lending rules Tuesday, which will be aimed at shielding future homebuyers from risky lending practices and avoiding a repeat of the country's current mortgage crisis.


July 8, 2008
Blog
Why are many oil-producing countries still unable to solve their chronic poverty problem?
Paul Solman answers this question and many more in the "Business Desk."


July 8, 2008
Blog
For retailers, cash or credit?
Paul Solman answers this question and many more in the "Business Desk."


July 7, 2008
Report
High Oil Costs May Advance Conservation Research
Car owners have been wincing in recent months as the price of oil has shot up well over the once-unimaginable $100-per-barrel mark. But an economist at Carnegie Mellon University believes that skyrocketing oil prices are a good thing, and will lead to necessary innovations in conservation and green technologies.

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July 4, 2008
Report
Calif. Locked in Water Wars as Drought Worsens
As California faces one of the worst droughts in decades, Spencer Michels examines the growing struggle over water rights in the state.

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July 3, 2008
Analysis
Obama, McCain Work to Highlight Views on Key Trade Policies
With the economy a top campaign issue, presidential hopefuls Sens. John McCain and Barack Obama are working to shape their stances on international trade and free-trade policies. Analysts discuss the candidates' statements and the impact of trade policy shifts.

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July 3, 2008
Report
Issues with Large Commercial Carriers Trouble Small Town Airports
Trouble has been brewing among large air carriers, plagued with high costs, competition and traffic, but these troubles have now begun to take their toll on regional airports, which are struggling to just survive. Elizabeth Bracket reports from Indiana.

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July 3, 2008
Analysis
Economy Burdened by Job Losses, Slipping Sales, Oil Costs
The Labor Department announced the sixth consecutive month of job cuts Thursday as employers cut 62,000 workers, further fueling U.S. economic concerns. Analysts examine the news.

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July 3, 2008
Update
U.S. Employers Cuts Payrolls by 62,000 in June
The Labor Department announced the sixth consecutive month of job cuts as U.S. employers cut 62,000 non-farm workers from their payrolls in June, creating the longest-running decline since 2002.


July 2, 2008
Update
FDA Expands Search for Source of Salmonella Outbreak
The U.S. Food and Drug Administration said Wednesday that it still did not know the source of a salmonella outbreak that has sickened 869 people and plans to expand its search beyond tomatoes, the first suspected culprit. A USA Today reporter updates the story.

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July 2, 2008
Report
Starbucks Plans to Close 600 Stores as Sales Slide
Starbucks announced Wednesday the closure of 600 stores and plans for staff cutbacks after a drop in sales. Lee Hochberg reports on the economic shifts behind the company's losses and how the coffee giant plans to recover.

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July 2, 2008
Newsmaker Interview
G8 Leaders Urged to Turn Attention to Food Crisis
Ahead of the Group of Eight summit in Japan next week, World Bank President Robert Zoellick is calling on world leaders to renew their focus on the global food crisis what efforts to address food shortages as commodities' values escalate.

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July 2, 2008
Blog
Are the stimulus checks only a loan?
Paul Solman answers this question and many more in the "Business Desk."


July 2, 2008
Blog
Are the stimulus checks only a loan?
Paul Solman answers your questions on business and economic news on "The Business Desk."


July 1, 2008
Report
After Delays and Criticism, Pentagon Shifts Priorities to Protect Soldiers
Beginning in 2007 the Pentagon shifted its spending priorities to meet the deadly threat of roadside bombs leading to the procurement of the MRAP, or 'Mine Resistant Ambush Protected'. The fourteen-ton vehicle is credited for a drastic decline in roadside bomb fatalities, but why did it take so long? Paul Solman investigates.

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July 1, 2008
Update
Nearly Every U.S. Automaker Posts Double-digit Sales Losses in June
Amid record-high gas prices, a slumping economy and consumer jitters, U.S. auto sales plummeted in June, but General Motors managed to retain its No. 1 spot ahead of Toyota thanks, in part, to a six-day sale featuring zero-percent financing offers.

JUNE
June 30, 2008
Analysis
Iraq Opens Oil Fields to Foreign Firms for Output Boost
The Iraqi government announced Monday it was accepting international bids for contracts to operate six of its oil fields. An economics expert discusses the prospect of Western oil companies working in Iraq.

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June 30, 2008
Update
Iraqis Open Oil to Foreign Firms to Boost Output
The Iraqi government opened six of its oil fields to international bidders Monday as the nation attempts to increase daily production by 60 percent, leaving the door open for top Western companies to tap into the world's third largest oil reserves.


June 27, 2008
Slide Show
Flooded Farmlands May Take Decades To Recover
As water rushed through Iowa, it didn't just destroy private property; acres of fertile farmland were ruined for years to come. Jerry DeWitt, director of the Leopold Center for Sustainable Agriculture at Iowa State University, talks about the agricultural damage.


June 26, 2008
Report
California Community Hit Hard by Economy's Fall
Residents of a once-prosperous California community are feeling an economic pinch as home foreclosures, the credit crunch, low consumer confidence and high oil prices have hurt the U.S. economy.

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June 26, 2008
Update
Wall Street Jitters, Fuel Costs Spread Economic Woes
The Dow Jones dropped Thursday to its lowest point since September 2006, due to economic woes and soaring oil prices across the country. A chief investment officer examines the impact of the bleak news on the national economy.

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June 26, 2008
Update
Scientists to Begin Mapping the Cocoa Genome
Chocolate maker Mars Inc. will fund a five year, $10 million project to map the cocoa bean genome -- work that could lead to hardier, higher-yielding crops and better quality chocolate, the company announced Thursday.


June 26, 2008
Blog
Is there pressure to revitalize the U.S. rail system to reduce the oil crisis?
Paul Solman answers this question and many more in "The Business Desk."


June 25, 2008
Analysis
Florida Seeks to Expand Everglades from Sugar Farmland
Florida agreed to buy almost 300 sq. miles of farmland north of the wetlands from a U.S. Sugar company for $1.75 billion. The tentative deal will expand and restore the Everglades, a key U.S. ecosystem, and relieve the sugar company from its financial bind.

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June 25, 2008
Report
As Oil Prices Rise, Carmakers Look to Electric Future
Rising oil prices and improvements in battery technology are fueling new interest in developing electric cars. Spencer Michels reports on how industry giants and start-up car companies alike plan to release new vehicles by 2010.

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June 25, 2008
Analysis
High Court Cuts Damages in Exxon Valdez Oil Spill
Almost twenty years since the Exxon Valdez oil spill, the Supreme Court decided Wednesday to reduce victims' compensation in Alaska. Two journalists who have covered the story discuss the decision and how the impact of the accident still lingers in the region.

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June 25, 2008
Conversation
Extended Interview: Tesla Motors Chairman Elon Musk
NewsHour correspondent Spencer Michels talked in April to electric car maker Tesla Motors' founder and chairman, Elon Musk -- an entrepreneur who previously founded PayPal -- about the future of the electric car.


June 25, 2008
Conversation
Extended Interview: Mary Nichols, California Air Resources Board
Spencer Michels talked to Mary Nichols, head of the California Air Resources Board, in April about the board's recent decision to cut the number of zero-emission vehicles the state will require car manufacturers to build. The board aims to encourage manufacturers to produce more hybrid vehicles instead.


June 24, 2008
Analysis
Non-profit Groups Financing Independent Journalism
A rise in the number of non-profit organizations funding journalism projects is changing how newsrooms gather independent content. Two media experts discuss the shift in foreign and investigative reporting.

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June 24, 2008
Analysis
Increasing Fuel Costs Raise New Energy Concerns
Concerns over high oil prices continue as lawmakers struggle to find production solutions. Two energy consultants discuss the factors behind the ongoing price jumps and analyze the trajectory of fuel costs for the near future.

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June 24, 2008
Blog
Can you help explain how commodity exchanges and "commodity futures" and "index futures" work?
Paul Solman answers this question and many more in the "Business Desk."


June 24, 2008
Update
Home Prices, Consumer Confidence Take Tumbles
U.S. home prices extended their record slide in April, with every top metropolitan area now posting annual losses and many showing double-digit declines, according to the Standard & Poor's/Case-Shiller home price index report released Tuesday.


June 20, 2008
Report
Denver Battles Fuel Prices with New Mass Transit Plan
In response to soaring fuel costs, Denver city planners are taking steps toward expanding the city's public transportation system.

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June 20, 2008
Report
Iowa Floods Wreak Havoc on Farming Communities
After heavy rains triggered massive flooding in Iowa, some farms were completely submerged, causing heavy crop and livestock losses. Elizabeth Brackett reports on how one Iowa farmer is coping with the damage.

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June 19, 2008
Newsmaker Interview
Minority Leader Boehner Details War Funding Moves, Energy Policy Debate
Lawmakers met Thursday to debate funding allocations for the Iraq and Afghan wars, while continuing to mull how to best address soaring gas prices. House Minority Leader John Boehner explains GOP priorities in the House and how Congress has handled its most pressing issues.

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June 19, 2008
Update
Mortgage Fraud Sweep Nets Hundreds of Arrests
The Justice Department and the FBI announced hundreds of arrests Thursday for mortgage fraud, which is blamed for sparking a national credit crisis and nationwide housing crisis. An NPR correspondent and Columbia Law professor examine the government crackdown.

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June 19, 2008
Update
More than 400 Arrested in Mortgage Fraud Sting
More than 400 real estate industry workers have been indicted since March in a Justice Department crackdown on incidents of mortgage fraud nationwide -- a key contributing factor to the country's housing crisis.


June 18, 2008
Update
GAO Backs Boeing's Claims in Tanker Contract Dispute
Congressional investigators sided with Boeing Wednesday in a dispute over the awarding of a $35 billion Air Force tanker contract to competitor Northrup Grumman. A reporter discusses the decision.

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June 18, 2008
Update
President Urges Congress to Lift Offshore Oil Drilling Ban
Amid soaring gas prices and increased debate over energy policy, President Bush urged Congress Wednesday to end a 27-year ban on offshore drilling in U.S. coastal waters before its Fourth of July recess.


June 17, 2008
Blog
What are the pros and cons for denominating oil worldwide in U.S. dollars?
Paul Solman answers your questions on business and economic news on "The Business Desk."


June 17, 2008
Blog
What are the pros and cons for denominating oil worldwide in U.S. dollars?
Paul Solman answers your questions on business and economic news on "The Business Desk."


June 16, 2008
Analysis
Lehman Reports $3 Billion in Losses Due to Bad Mortgage Investments
Lehman Brothers chief Richard Fuld took responsibility Monday for a staggering $3 billion in losses in the second quarter, saying the company was too slow to react to the unfolding credit and mortgage crisis. Roben Farzad of BusinessWeek magazine outlines how the news may affect Wall Street and Main Street.

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June 16, 2008
Update
Iowa Residents Wait to Return Home As Flood Waters Move On
Flood fears eased in Iowa City Monday, as a string of towns in the state's south and east along the Mississippi River prepared for new problems caused by a recent bout of torrential rains and bad weather.


June 13, 2008
Report
Young Brazilian Musicians Try to Go Global
Linguistic, political and economic barriers stand between Brazil's most popular acts and global recognition. NewsHour special correspondent Simon Marks caps a series of reports from Brazil by looking at the music scene.

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June 13, 2008
Update
Inflation Jumps 0.6 Percent in May; Core Rate Remains in Check
Inflation shot up at the fastest rate in some six months, the U.S. government reported Friday. The jump in prices was blamed largely on soaring gas and food prices.


June 12, 2008
Report
Drilling for Natural Gas in Wyoming Raises Debate
Wyoming has some of the largest natural gas reserves in the country -- underneath public land -- leading to a debate over whether to drill or preserve the land for other uses. NewsHour correspondent Spencer Michels reports from Wyoming.

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June 11, 2008
Conversation
Annan: World Must Help African Nations Tackle Food Crisis
Fuel costs and supply shortages have caused a spike in food prices across Africa -- prompting calls for an agricultural revolution on the continent. Former U.N. chief Kofi Annan discusses efforts to address the crisis.

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June 11, 2008
Analysis
Protests Against Government, U.S. Imports Sweep South Korea
More than 100,000 demonstrators took to the streets of Seoul to protest a proposed deal allowing U.S. beef imports and taking to task the teetering government of President Lee Myung-bak. A regional expert explores the core issues behind the protests.

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June 10, 2008
Analysis
More Than 25 Million Americans Underinsured, Study Finds
More than 25 million Americans with health insurance did not have sufficient coverage for their medical expenses in 2007, according to a study released Tuesday in the journal Health Affairs.

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FUNDED IN PART BY: Robert Wood Johnson


June 10, 2008
Report
Brazil Seeks to Break New Ground in Global Marketplace
As Brazil expands its manufacturing and agricultural industries, it has carved a spot as the largest exporter of coffee, beef, poultry and other food products and as the world leader in ethanol production. Simon Marks continues a series of reports from Brazil.

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June 10, 2008
Debate
McCain and Obama Trade Jabs Over Economic Strategies
Presumptive presidential candidates Sens. Barack Obama and John McCain offered contrasting approaches to mend a sluggish economy this week, with Obama emphasizing an active government role in providing assistance and McCain calling for lower taxes and spending cuts.

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June 10, 2008
Blog
What impact does the carbonated beverage industry have on global warming?
Paul Solman answers questions on business and economic news on "The Business Desk."


June 9, 2008
Report
Brazil's Economic Boom Marred by Social Inequalities
Brazil is on track to become an economic powerhouse in the 21st century, but gaping social inequalities still plague this country of 187 million. Simon Marks offers the first in a series of reports from Brazil on the country's economic and political scene.

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June 9, 2008
Analysis
Fuel Costs, Job Losses Batter U.S. Economy
Rising fuel prices and news of massive job losses buffeted an already shaken U.S. economy in the past week. The record energy prices are affecting the cost of everything from baked goods to diapers. Journalists John Authers and Roben Farzad discuss how the prices got that high and whether it appears they will stay that way.

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June 9, 2008
Report
Military Buildup Seen as Boom, Test for Tiny Island of Guam
In the next six years, the population of Guam is expected to explode by 25 percent as the American military redploys thousands of its forces to the tiny Pacific Ocean island. The more than $15 billion project is expected to fuel the economy, but also threatens to strain its infrastructure and threaten its tourism industry.

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June 9, 2008
Update
High Fuel Prices Lead to Protests in Europe
Truck drivers in Spain and Portugal blocked roads Monday to protest soaring global fuel prices, which also caused the national average price of gasoline in the United States to rise above $4 per gallon over the weekend.