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| 2010 DECEMBER
Dec. 31, 2010
Winners and Losers in Home Mortgage Modification
Paul Solman follows up with questions and viewer reaction surrounding mortgage modifications as part of his reporting on Making Sense or Financial News.
   
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| Dec. 31, 2010
The Year in Foreclosure Reports
Mortgage paperwork was a mess.
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| Dec. 31, 2010
Alyssa Katz: How Government Is Failing the Homeowner
Journalist Alyssa Katz on the government's efforts to help homeowners in crisis.
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| Dec. 30, 2010
Wall Street Enjoys 'Rip-Roaring' 2 Years, But Main Street's Woes Remain
The slow process of economic recovery is far from over for the U.S., but there were glimmers of good news in 2010's closing days as jobless benefit claims hit their lowest level in 30 months and the stock market gained ground. Jeffrey Brown gets details on where the economy stands from Bloomberg Businessweek 's Roben Farzad.
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| Dec. 30, 2010
On Thursday's NewsHour: Wall Street Check-up, Sudan Secession Vote
Fewer Americans applied for unemployment benefits last week, raising hopes for a healthier job market next year.
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| Dec. 30, 2010
In Photos: World Events of 2010
It was a year of earthquakes and volcanoes, floods and toxic spills, but 2010 also saw thwarted terrorist attacks and the joyous release of 33 miners in Chile from the Earth's rocky depths.
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| Dec. 30, 2010
The Economy in 2010: Stories You May Have Missed
A full two years after the financial crisis hit , Americans are all too familiar with the gloom and disappointment that largely dominated the economic headlines this past year -- and appropriately captured much of our attention at the NewsHour in reports filed by economics correspondent Paul Solman and others.
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| Dec. 30, 2010
Foreclosure Fight? Bankruptcy Is Best, Says the Dean
Advice from lawyer and 'dean of the bankruptcy bar' Max Gardiner for a California woman -- and anyone else -- looking for advice on an unaffordable mortgage.
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| Dec. 30, 2010
The American Dream Deferred: What Befell our Strategic Defaulters?
A follow up with two strategic defaulters profiled in the original piece, including just how long they've now gone without paying their mortgages. Their answers may surprise you.
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| Dec. 30, 2010
The Loan Mod Squad: A Request to Business Desk Readers
A request to Business Desk readers, prompted by another reader's experience: have you been victimized by "loan modifiers" who take the money and run, without getting any modification at all?
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| Dec. 29, 2010
Boston Firm Offers Homeowners a Second Chance After Foreclosure
For those who have lost a home they could have afforded at market rate, Boston Community Capital offers an avenue to regain ownership. Paul Solman reports.
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| Dec. 29, 2010
Robert the Robot, the Mechanical Man
Paul Solman answers questions on the Business Desk.
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| Dec. 29, 2010
On Wednesday's NewsHour: New York Digs Out; Ivory Coast Standoff
Days after a major northeastern blizzard hit the Big Apple, airlines are still struggling to get stranded passengers back in the air.
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| Dec. 29, 2010
Ray Suarez Responds to Critics of Cuba Series
Cuba -- its past, present and future -- sits comfortably in a category, along with abortion, the Israeli-Palestinian conflict and now global climate change, of difficult stories to tell.
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| Dec. 29, 2010
Robert the Robot, the Mechanical Man
Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page.
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| Dec. 28, 2010
Homeowners Express Frustration with Government Loan Modifications
Many struggling homeowners rely on loan modifications from government programs to keep afloat on their mortgages. Some say they are running into problems with these services. Paul Solman has more.
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| Dec. 28, 2010
On Tuesday's NewsHour: Blizzard Aftermath, Iraq's New Government
On Tuesday's NewsHour, we lead with a look at how the air travel system in the Northeast is slowly coming back to life after a monster snow storm. Then, Iraq's new government; health care reform in California; an exit interview with outgoing Virginia Rep. Tom Perriello; and Paul Solman's foreclosure series.
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| Dec. 28, 2010
The Loan Mod Squad: A Request to Business Desk Readers
Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page.
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| Dec. 28, 2010
In Kenya, Generating Wealth - One Cow at a Time
With mainstream banks and microfinance organizations mainly helping business startups in urban Kenya, a group called Juhudi Kilimo decided to focus on rural small-holder farmers.
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| Dec. 27, 2010
Winners and Losers of Florida's Foreclosure Crisis
Paul Solman reports from Florida on people who have lost their homes to foreclosures and the buyers who are snapping up those properties.
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| Dec. 27, 2010
The American Dream Deferred: What Befell our Strategic Defaulters?
We've devoted a lot of attention to the foreclosure crisis that is threatening the homes of so many Americans, and to various ways they've sought help: non-profit third parties; the government's loan modification program, HAMP.
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| Dec. 24, 2010
Hallelujah!: How Handel Orchestrated a Classic Financial Portfolio
When 18th century composer George Frideric Handel wrote his timeless "Messiah" oratorio, he not only penned a classic holiday composition, he also established a foundation for a new business approach to opera. Paul Solman reports.
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| Dec. 24, 2010
The Business of Forest Smuggling
KCTS in Seattle, Washington looks into the illegal side of the holiday industry of forest greenery. Lesley McClurg has more on how forest smuggling has short term effects on businesses and long term effects on the environment.
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| Dec. 24, 2010
Retailers Upbeat on Holiday Sales Surge
Jeffrey Brown talks to Dana Telsey, a retail-industry watcher, about the trends this year in holiday sales.
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| Dec. 24, 2010
2010, the Year of Foreclosure
Of the two dozen "Words of the Year" cited by the New York Times the other day, two of them -- "robo-signer" and "put-back" -- were spawned by the foreclosure crisis.
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| Dec. 24, 2010
On Friday's NewsHour: Retail Sales; Korean Tensions; Shields and Gerson
Coming up on Friday's NewsHour: High hopes for holiday sales; New Mexico Gov. Bill Richardson on his latest trip to North Korea; a report on troubles for Iraqi Christians; a KCTS report on illegal holiday greenery smuggling; the analysis of Shields and Gerson; and an encore look at Handel, the businessman.
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| Dec. 24, 2010
The Business of Greenery Smuggling in Washington State
It's a familiar sight this time of year; the live Christmas wreath on a door or a bit of holiday-themed greenery on a table. Our PBS colleagues at KCTS in Seattle reported recently on the illegal side of the holiday decor industry.
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| Dec. 24, 2010
Friday: Retailers Hope for 'Fantastic Friday' Holiday Sales
Holiday shoppers were reported to be packing stores Friday morning, ending the best holiday shopping season for retailers since 2007, the AP reported.
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| Dec. 23, 2010
News Wrap: Greece OKs Budget, Adds More Austerity Measures
In other news Thursday, the governing socialists in Greece passed a new budget that reduces health and defense spending while raising consumer taxes. The steep taxes and deep cuts have sparked widespread protests in Athens and elsewhere.
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| Dec. 23, 2010
The Holiday Economic Divide: Wal-Mart or Saks?
As the Christmas gift season winds down there are distinct holiday retail stories emerging - one for the wealthiest communities and one for places that are struggling. Patchwork Nation explores the dilemma.
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| Dec. 23, 2010
Parcel Bombs Reported in Rome; Consumer Spending Up
News reports say a package has exploded at Chile's embassy in Rome following a parcel bombing at Switzerland's embassy earlier in the day.
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| Dec. 22, 2010
Cuba Offers Poor Medical Students a Free Ride
On Wednesday's NewsHour, Ray Suarez wraps up his series on Cuba with a look at its medical diplomacy efforts around the world.
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| Dec. 21, 2010
News Wrap: Food Safety Bill Heads to Obama to Sign
In other news Tuesday, the House and Senate moved toward funding government operations through March. Also, a new food safety bill is headed to President Obama's desk for his signature.
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| Dec. 21, 2010
Patchwork Nation's 5 Political, Economic Stories to Watch for in 2011
This year ushered in some major changes, but looking at state of the country through Patchwork Nation, 2010 looks more like the prelude to bigger changes ahead. Here are five stories to watch for in 2011 as our communities adjust to broader economic and political changes.
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| Dec. 20, 2010
Cubans Grapple With Challenges, Promises of Economic Change
Ray Suarez and the NewsHour Global Health Unit kick off a three-part series from Cuba with a report from Havana on how the country's economy is adapting to the gradual economic reforms of President Raul Castro -- while maintaining a tradition of socialism.
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| Dec. 20, 2010
Cubans Look to Break Down Misconceptions
During The PBS NewsHour's recent trip to Cuba, we asked people what they thought was the biggest misconception Americans have about Cuba. Here are some of the people we met and their responses.
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| Dec. 20, 2010
In Cuba, Questions About Economic Change Persist
Ray Suarez's three-part Cuba series begins Monday night on the NewsHour.
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| Dec. 17, 2010
Madoff Settlement Will Bring Over $7 Billion Back to Victims
In what has turned out to be the largest civil forfeiture case in United States history, the widow of a wealthy investor and philanthropist, who was also a friend of Bernard Madoff, is returning $7.2 billion to victims of Madoff's massive Ponzi scheme from money her husband received from him over the course of three decades.
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| Dec. 17, 2010
President Obama Signs Tax Cut Extension into Law
President Obama signs bipartisan tax legislation that extends tax cuts signed by former President George W.
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| Dec. 17, 2010
EU Backs Long-Term Debt Management, Richardson in Meetings in North Korea
In light of recent financial crises in the European Union, including in Greece, Spain and Ireland, EU leaders agreed to an amendment -- yet to be ratified by the 27 member states -- that would install a bailout system for debt-heavy nations.
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| Dec. 17, 2010
Tax Cut Deal Passes in Late-Night Vote, Heads to President Obama
At 11:59 p.m. EST Thursday, moments before the House's consideration of President Obama's $858 billion tax cut package was about to slip into a second day, the tally was called.
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| Dec. 16, 2010
Foreclosure Reading Shows Some Good News, But Brace for 2011
In the three years since the great American housing collapse became a big story, there is good news to report. The numbers are down. But maybe not for long.
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| Dec. 16, 2010
Will the U.S. Follow Europe's Austerity Lead?
Is the global recession primarily due to the actions of Wall Street and bankers in the U.S.? Paul Solman answers a viewer's question.
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| Dec. 15, 2010
Lame-Duck Senate Will Consider START Treaty
In the day's other top headlines, the Senate decided to consider the START nuclear treaty and at least 28 people were killed after a boat loaded with 70 refugees capsized off an Australian island.
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| Dec. 15, 2010
On Wednesday's NewsHour: BP Sued, CEOs Meet Obama, Afghan Intel
The Justice Department files a lawsuit against BP, other companies, the Senate passes the president's tax cut compromise, and a look at the upcoming Afghan war review.
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| Dec. 15, 2010
DOJ Sues BP, Transocean and Others Over Gulf Spill
Attorney General Eric Holder and EPA Administrator Lisa P. Jackson announced a major lawsuit against BP, Transocean and other companies the Department of Justice says are responsible for the massive oil spill in the Gulf of Mexico in April of this year.
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| Dec. 15, 2010
Senate OKs Tax Cut Bill in 81-19 Vote
The Senate passed a bill to extend existing tax cuts at all income levels by a wide margin Wednesday, sending the $858 billion measure on to the House -- and the likelihood of a new round of debate.
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| Dec. 15, 2010
Why Doesn't the U.S. Just Print More Money, Rather Than Borrow?
Paul Solman considers a readers question, "Why does the U.S. borrow so much instead of printing as much money as we need?", and gives two responses.
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| Dec. 15, 2010
The Morning Line: Senate Set to Send Tax Bill to House
As the Senate prepared Wednesday to give final approval to the $858 billion tax cut deal brokered by President Obama and congressional Republicans, liberal House Democrats opposed to the measure signaled that prospects for making changes to the package were bleak.
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| Dec. 14, 2010
News Wrap: WikiLeaks Founder Granted Bail; Fire in Bangladesh Kills 27
In other news Tuesday, a judge in Britain granted bail for WikiLeaks founder Julian Assange despite protests from Swedish authorities who want to question him in connection with alleged sex crimes there. Also in Bangladesh, a fire tore through a clothing factory, killing at least 27 and injuring over 100.
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| Dec. 14, 2010
Tool$ Tuesday: Interactive Tax Cut Graphic
Today's tool concerns the extension of the Bush tax cuts and comes via the Washington Post, which generated the interactive graphic some time ago. But it's as timely a tool as ever, given that the Senate voted Monday night to extend the cuts for two years.
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| Dec. 13, 2010
What's Causing U.S. Personal Spending to Drop: Job Losses, Fear or Both?
U.S. consumption has already been impacted seriously. In a recent story, we explored the notion that workers are afraid to strike or press for higher wages due to the glut of unemployed, sitting in the wings and willing to work for less. That same dynamic would seem to be prompting many Americans to save more, spend less.
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| Dec. 10, 2010
Loan Modifications: A Question of Economic Injustice?
Paul Solman looks at three reader questions pertaining to the issue of what's fair for homeowners who took out various loans or refinances against their mortgage, and now can't pay. Is it just to help the homeowners out so they can stay in their homes, or did they get in over their heads and now should pay the price?
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| Dec. 10, 2010
The Morning Line: For Obama, Now Comes the Hard Part
If you think the greatest challenge currently facing President Obama is getting the $858 billion tax cut deal through Congress, think again.
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| Dec. 9, 2010
Good Ideas to Save the Economy Can Have Bad Unintended Consequences
Paul Solman considers what at first to be a very good suggestion by a reader on how to save the economy and homeowners at the same time. Further inspection reveals however that when it comes to the economy, there will always be unintended consequences.
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| Dec. 9, 2010
Senate to Consider Taxes, DREAM Act in Day Packed With Votes
The Senate will consider major pieces of legislation Thursday as the end of the lame-duck Congress, and the Democratic Party's hold on both chambers, comes to an end.
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| Dec. 8, 2010
Full Scale White House Push Underway to Rally Support for Tax Cut Deal
Continuing their full-scale push to build support for President Obama's tax and spending compromise, top White House officials went before a roomful of reporters this afternoon for an off-camera session to defend the plan.
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| Dec. 8, 2010
News Wrap: House Democrats Push $1.2 Trillion Government-Funding Plan
In other news Wednesday, House Democrats moved to fund the government for the rest of the fiscal year to the tune of $1.2 trillion. The measure would freeze the budgets of most Cabinet departments.
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| Dec. 8, 2010
Looking To the Past To See the Future: More Anxiety May Await Us
Paul answers a viewer question about how bad the future will be for those who were hit hard by the financial downturn. If history is any indication, Paul says, it's not good.
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| Dec. 8, 2010
Opposition to Tax Cut Deal Forms Unusual Alliances on Capitol Hill
The tax cut deal reached by President Obama and congressional Republicans has created some strange bedfellows on Capitol Hill.
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| Dec. 7, 2010
Ireland's Woes: Onetime Celtic Tiger Now 'Nation of Beggars'
Ireland's finance minister announced severe budget cuts Tuesday as its economy reels from a real estate boom and bust that have left the country with massive debt. Emma Alberici reports from Dublin for the Australian Broadcasting Corporation.
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| Dec. 7, 2010
On Tuesday's NewsHour: Tax Cut Plan, WikiLeaks' Woes, Cuba Dispatch
On Tuesday's NewsHour, a debate on tax cuts, a legal look at WikiLeaks, a dispatch from Cuba and the Irish debt crisis.
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| Dec. 7, 2010
House Dem Leader Withholds Support for Obama Tax Cut Deal
An unusual standing-room-only crowd of reporters gathered for House Democratic leader Steny Hoyer's weekly off-camera press session Tuesday morning.
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| Dec. 7, 2010
Patchwork Nation: How Tax Cuts Play Out County by County
As the debate over extending the Bush-era tax cuts plays out in Washington, an important element is being left out of the debate - geography.
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| Dec. 7, 2010
Q&A: Ireland's Housing Market Boom Goes Bust
Ireland now faces the toughest budget in its history, and many wonder how a country once heralded as an economic beacon for smaller nations could have run into such troubles. Could housing, a big factor in its boom and bust, help its economy recover?
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| Dec. 7, 2010
Two Retirement Planning Tool$ to Use NOW
Retirement tools.
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| Dec. 7, 2010
Obama Heralds Deal on Tax Cuts Despite Party's Unhappiness
Vice President Joe Biden has the unenviable task Tuesday of going before his former Democratic colleagues in the Senate and selling them on the tax cut deal that President Obama hammered out with Republicans.
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| Dec. 6, 2010
Texas Considers Dropping Medicaid as States Face Budget Crisis
For 45 years, the states and federal government's Medicaid program has provided health care to low income children, pregnant women, seniors and disabled adults. But the traditional health care safety net for some of America's most fragile citizens is in trouble like never before.
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| Dec. 6, 2010
Malemployed College Graduates Cope with Discouragement
Headline unemployment was up to 9.
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| Dec. 6, 2010
More from the 'Dog-Walkers to Dominatrices' Malemployed College Graduates
Making Sen$e profiles four recently graduated students who have found themselves 'malemployed' in the labor market.
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| Dec. 6, 2010
Deal on Extending Tax Cuts Appears on the Horizon
A deal on tax cuts appears to be nearly done after Senate Democrats proved on Saturday that they didn't have the votes to pass an extension of the cuts only up to annual income totaling $250,000 for families and $200,000 for individuals.
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| Dec. 3, 2010
Dog-Walkers to Dominatrices: Many College Grads Face 'Malemployment'
Conventional wisdom held that a college degree was a gateway to a better -- and better-paying -- career and lifestyle. But are those student loans worth it? Paul Solman looks at how a group of recent college graduates is faring in the dismal job market and how many are forced into "malemployment" jobs to make ends meet.
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| Dec. 3, 2010
News Wrap: Wall Street Not Intimidated by Job Numbers, Big Trade Deal Struck
In other news Friday, the Dow Jones industrial average shook off disappointing jobs numbers and gained more than 19 points. The NASDAQ rose 12 points, with both indices closing the week up more than 2 percent. Also, an announcement came that the U.S. and South Korea have made the largest trade deal in more than a decade.
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| Dec. 3, 2010
New Jobs Report Disappoints as Challenges Mount for Long-Term Unemployed
November's job numbers showed unemployment rising to 9.8 percent -- a disappointing surprise for analysts. Employers added only 39,000 jobs, compared to 172,000 in October. Jeffrey Brown discusses what's ahead for the economy and unemployed people with Lisa Lynch of Brandeis University and Paul Taylor of the Pew Research Center.
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| Dec. 3, 2010
Debt Commission Fails to Send Plan to Congress
A majority of the president's federal debt commission voted to recommend their plan for reducing the nation's deficit to Congress, but did not garner the 14 votes needed to send the plan to legislators for consideration.
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| Dec. 3, 2010
Unemployment Verdict: Worse Than it Appears
Paul Solman reviews the unemployment indicators out of the Bureau of Labor Statistics this morning, and notes that the most common stat for unemployment leaves a lot of factors -- and unemployed workers -- out.
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| Dec. 3, 2010
Unemployment Rate Rises to 9.8% in November; Korean Tensions Simmer
The Bureau of Labor Statistics released new unemployment data Friday showing the unemployment rate rose to 9.
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| Dec. 3, 2010
Breaking Down the November Unemployment Numbers
Unemployment rose little in November, with the official rate edging up slightly from 9.6 percent to 9.8 percent.
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| Dec. 3, 2010
The Morning Line: Senators Prepare for Weekend Showdown on Tax Cuts
If you didn't get your fill of the tax-cut version of "Masterpiece Theater" yesterday in the House, fear not.
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| Dec. 2, 2010
Fed Disclosure Sheds Light on Scope, Risk of $3 Trillion Safety Net
The Federal Reserve has released documents detailing $3.3 trillion worth of emergency efforts to prop up failing banks, Wall Street firms and large companies during the height of the financial crisis. Jeffrey Brown breaks down the new disclosures with Neil Irwin of The Washington Post.
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| Dec. 2, 2010
The Complicated Equation Behind Unemployment Benefits
Underlying the political debate over extending unemployment benefits is a complicated question: When should the unemployed be able to find work more easily or, more succinctly, when does a recession become a recovery?
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| Dec. 2, 2010
On Thursday's NewsHour: Tax Cuts, DADT Debate, Fed Document Blast
On Thursday's NewsHour, the tax cut debate returns in force to Capitol Hill, along with new hearings on "Don't Ask, Don't Tell."
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| Dec. 2, 2010
China Internet 'Hijacking': Your Questions Answered
An 18-minute diversion of Internet traffic through China in April has raised security concerns around the world -- especially for governments and people in critical infrastructure. Two experts answered your questions on the Internet security breach.
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| Dec. 2, 2010
Incoming House Budget Chair Ryan a 'No' Vote on the Fiscal Commission Plan
Republican Rep. Paul Ryan of Wisconsin, one of 12 sitting lawmakers on President Obama's bipartisan fiscal commission, announced Thursday he would oppose the panel's proposal when it is expected to come up for a final vote Friday.
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| Dec. 2, 2010
2018 World Cup Bid Goes to Russia, 2022 to Qatar
While 2018 and 2022 may be eight and twelve years away, respectively, but they were very much on the mind of 11 countries Thursday morning.
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| Dec. 2, 2010
Tips and Where to Go For Help With Your Home Loan Modification
"I am having a problem with trying to get a modification loan for my home. Where and to whom should I go to ask for assistance?" Paul suggested: For starters, you might try CHANGER- the Communities Homeowners and Neighbors Gaining Economic Rights group. See Bob Mnookin's tips for successful negotiations.
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| Dec. 1, 2010
Simpson and Bowles: Era of 'Deficit Denials' Is Over
Fiscal commission co-chairs Alan Simpson and Erskine Bowles have revised and trimmed a deficit proposal in an effort to win bipartisan support. But will it move beyond the proposal stage? The chairmen talk to Judy Woodruff about the controversial cost-cutting proposals, from defense to Social Security.
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| Dec. 1, 2010
News Wrap: Offshore Drilling Plan Reversed by Obama Adminstration
In other news Wednesday, the Interior Department said it is reversing the plan laid out last March to drill for oil off the East Coast and in the eastern Gulf of Mexico. The Obama administration unveiled the plan before the BP oil spill. The new plan means no new drilling proposals off of the East Coast for at least seven years.
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| Dec. 1, 2010
Lame-Duck Congress: Legislative Logjam or Bipartisan Turnaround?
Capitol Hill lawmakers spent Wednesday behind various closed doors, working on the fate of key issues in the lame-duck session such as tax cuts, jobless benefits and the New START treaty. Gwen Ifill gets insight about what can be accomplished before Congress adjourns from Sens. Dick Durbin, D-Ill., and John Barrasso, R-Wyo.
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| Dec. 1, 2010
On Wednesday's NewsHour: Simpson and Bowles
On Wednesday's NewsHour, an interview with deficit panel chairmen Erskine Bowles and Alan Simpson.
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| Dec. 1, 2010
Million Dollar Questions: Who's Bailing Who Out?
I'm OK, EuroK? Maybe not. Here's an Australian parody video of what you might call "EuroK thinking." It's making the rounds in Europe at the moment. (The link was sent by a friend in Spain.) If everyone in Europe owes everyone else in Europe money that can't be repaid, how can "Europe" be in a position to bail "Europe" out?
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| Dec. 1, 2010
The Morning Line: Fiscal Commission Set to Unveil Plan, Delay Vote
Wednesday was supposed to be the day that the members of President Obama's fiscal commission released its plan to rein in the country's debt and deficits and voted on it.
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| NOVEMBER
Nov. 30, 2010
News Wrap: New WikiLeaks Document Reveals U.S. Critique of Karzai
In other news Tuesday, WikiLeaks released a memo in which a U.S. diplomat criticizes Afghan President Hamid Karzai for allegedly freeing dangerous detainees because of ties to powerful people.
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| Nov. 30, 2010
Patchwork Nation: Mapping High School Dropout Rates
Of all the factors that go into making a community the local school system may be the most critical. Better schools not only equal better-educated kids, but often better property values and a better quality of life.
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| Nov. 30, 2010
Tool$ Tuesday | The Bush Tax Cuts
Paul Solman offers a new financial calculator today in the second installment of 'Tool$ We Use: Tool$ Tuesday.' This calculator, from the Tax Policy Center, looks at how the Bush era tax cuts might play out, based on three scenarios: Current law; With the Bush tax cuts allowed to expire; and President Obama's 2011 tax proposals.
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| Nov. 29, 2010
Obama's Call for Pay Freeze Stirs Up Debate on Federal Workers
President Obama's call to freeze federal workers' pay for two years marks the biggest moment yet in an escalating debate over whether government employees are overpaid, underpaid or scapegoats in the debate over spending.
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| Nov. 29, 2010
Doesn't Social Security Pay For Itself, Since it's Taken Out of My Paycheck?
Paul Solman addresses the question of how social security is paid for. A reader asks, 'Since social security deductions are taken out of my paycheck, shouldn't it be financially covered? The problem is administrations borrowing against it.' Paul shows that social security was never intended to pay for itself.
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| Nov. 26, 2010
As Holiday Shopping Kicks Off, Middle Class Appears 'Marginally Better'
Major retailers like Best Buy and Toys "R" Us are seeing longer lines this year and hoping it translates into higher sales for the holiday shopping season. But Yahoo! Finance economics editor Daniel Gross says it takes more than good sales on Black Friday to lift the economy.
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| Nov. 26, 2010
Black Friday: How Much Will Richest Communities Be Willing to Spend?
There is hope that this holiday season will bring with it a consumer turnaround. The belief is that times may still not be good, but they are not as bad as they were. With a look at 12 different community types across the country, Patchwork Nation feels less sanguine.
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| Nov. 25, 2010
Winners and Losers in Home Mortgage Modification
Paul Solman follows up with questions and viewer reaction surrounding mortgage modifications as part of his reporting on Making Sense or Financial News.
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| Nov. 25, 2010
Economic Justice for Struggling Homeowners - And The Rest Of Us?
Mortgage modifications help homeowners stay put. But is that fair to those of us who bought when the market was high, and yet continue to meet our contractual obligations? Paul Solman asks just that in Thursday's piece when he revisits Antoninette Coffi-Ahibo and Alyssa Katz.
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| Nov. 24, 2010
News Wrap: Texas Jury Convicts Ex-House Majority Leader Delay
In other news Wednesday, a Texas jury convicted former House Majority Leader Tom Delay on money-laundering charges. He now faces 5 years to life in prison.
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| Nov. 24, 2010
What Does Justice in the Foreclosure Crisis Look Like?
Paul Solman revisits the concept of justice from an economic standpoint, in light of the foreclosure crisis. He talks with professor Karl 'Chip' Case as to what makes sense and what doesn't for helping struggling homeowners out.
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| Nov. 23, 2010
Banks, Regulators Battle Over Scope of New Financial Reform Law
Judy Woodruff looks at how banks and regulators are grappling over how to enact the new financial reform law. Deborah Solomon of The Wall Street Journal has more details on how the new regulations are taking shape.
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| Nov. 23, 2010
Introducing Tool$ Tuesday: A New Feature
Today we present Tool$ Tuesday- the first in a series of online calculators and tools that I or others on the Making Sen$e team have actually used.
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| Nov. 23, 2010
Introducing Tool$ Tuesday: A New Feature
Today we present Tool$ Tuesday- the first in a series of online calculators and tools that the Making Sen$e team has actually used.
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| Nov. 22, 2010
Rep. Schakowsky: Social Security Not Part of Deficit Problem
As part of a series of conversations about the country's deficit problems, Judy Woodruff speaks with Democratic Rep. Jan Schakowsky of Illinois about the details of her plan to cut the deficit.
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| Nov. 22, 2010
After Bailout for Irish, Questions Linger Over Portugal, Spain
After a report from the business editor of The Irish Independent, Maeve Dineen, Jeffrey Brown gets two views on the potential political impact of Ireland's bailout with economist Jacob Kirkegaard and George Washington University professor Scheherazade Rehman.
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| Nov. 22, 2010
After Bailout, Irish Confront 'Loss of Sovereignty' to EU
The Irish government accepted a bailout from the European Union and the International Monetary Fund worth 80-90 billion euros. Faisal Islam of Independent Television News has a report from Dublin.
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| Nov. 22, 2010
What Does Bankruptcy Surge Across U.S. Mean for Recovery Chances?
Since 2007, the number of bankruptcies in the United States has nearly doubled. But that single national number is misleading, look closer and you'll see that some places have taken a much harder hit than others.
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| Nov. 22, 2010
Ireland's Bailout Plan Aims to Ease Broader Economic Crisis
Ireland, the European Union and International Monetary Fund agreed over the weekend to an 80 billion to 90 billion euro ($109 billion to $123 billion) financial bailout plan to help Ireland's ailing economy and prevent the broader economic crisis from tanking other troubled countries, such as Portugal and Spain.
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| Nov. 22, 2010
Preview: Mozambique's Growth Not Benefitting Its Poorest
Mozambique is one of the world's poorest countries, grappling with high rates of poverty, HIV and malnutrition.
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| Nov. 22, 2010
Small Business Owners and the Bush Tax Cut Debate: No Easy Answers
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| Nov. 22, 2010
Small Business Owners and the Bush Tax Cut Debate: No Easy Answers
Paul Solman answers a reader's question: how difficult is it to amend the tax law in the U.S.? And can't it be done simply enough to benefit small business owners? Paul answers that there are no easy answers to the questions of taxes.
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| Nov. 22, 2010
New North Korean Nuclear Facility Raises Concerns; Ireland Accepts Bailout
North Korea's newest nuclear facility raises concerns, Ireland accepts financial bailout, new TSA security measures raise the ire of some holiday travelers.
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| Nov. 19, 2010
Bernanke Looks to Turn Tables on Critics of Fed's $600 Billion Move
Federal Reserve Chairman Ben Bernanke spoke at the European Central Bank in Frankfurt, defending the Fed's $600 billion stimulus and calling on China and other fast-growing economies not to gain an unfair market advantage by devaluing their currencies. Jeffrey Brown talks to Greg Ip of The Economist.
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| Nov. 19, 2010
News Wrap: Pilots Excused From TSA Patdowns, Body Scans
In other news Friday, airline pilots will be able to bypass full-body scans and pat-downs that are being implemented at airports across the country. In New Zealand, 29 miners are trapped after an explosion at a coal mine in a remote part of the country.
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| Nov. 19, 2010
The Confidence of Ben Bernanke in Germany
For a speech by a Federal Reserve Chairman, Ben Bernanke's remarks on "global rebalancing" certainly weren't designed to fly under the radar.
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| Nov. 19, 2010
A New Look at Portugal's Economic Picture
LISBON, Portugal | A walk through the historic Plaza Dom Joao in the heart of Lisbon's downtown Rossio district says it all about Portugal's economic troubles. Margaret Warner provides an on-the-ground look.
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| Nov. 19, 2010
Joe Nocera's Economic 'Hall of Shame'
"We titled the book 'All the Devils are Here'," said Joe Nocera's co-author, Bethany McLean, "because in the wake of the crisis there has been this search for a simplistic answer.
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| Nov. 19, 2010
President Obama Attends NATO Summit; Bernanke Addresses China Imbalances
Members of NATO convene Friday in Portugal to formulate a common strategy for the war in Afghanistan and negotiate missile defense in Europe.
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| Nov. 19, 2010
Republicans, Democrats Gearing Up for Showdown on Tax Cuts
Democratic leaders announced Thursday that they would vote to extend tax breaks for families making less than $250,000 a year but allow tax rates for wealthier Americans to rise at the end of the year, setting up a showdown with Republicans when Congress returns after the Thanksgiving recess.
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| Nov. 19, 2010
The Devils of American Finance- Past and Present
Interviewing McLean and Nocera at Wall Street's Museum of American Finance, we were reminded that the history of diabolical finance goes back a lot further than that. We profile the Bottom Ten -- America's Rich and Infamous.
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| Nov. 18, 2010
Ratings Agencies Among Top 'Devils' of Meltdown, Authors Contend
Paul Solman speaks with Bethany McLean and Joe Nocera, authors of "All the Devils Are Here: The Hidden History of the Financial Crisis" about the villains of the financial crisis. It's part of his ongoing series, Making Sen$e of Financial News.
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| Nov. 18, 2010
News Wrap: Rangel Faces House Vote on Censure Recommendation
In other news Thursday, the House ethics committee recommended that Rep. Charles Rangel, D-N.Y., be censured -- the harshest punishment the House can give short of expelling a member -- and pay any unpaid taxes for financial and fundraising misconduct. The House will likely consider a censure motion after Thanksgiving.
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| Nov. 18, 2010
GM Turns Corner With IPO, but Can It Maintain Momentum?
General Motors made a strong return to the stock market Thursday, marking a major turnaround after declaring bankruptcy and receiving a $50 billion bailout. Jeffrey Brown speaks with Michael Robinet of research group IHS Automotive and Micheline Maynard of Changing Gears, a public radio project focused on the Midwest's future.
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| Nov. 18, 2010
The New GM: Good Bet for Long Haul?
As soon as the stock market opened Thursday, there was plenty of excitement surrounding GM's initial public offering and its return to the open market, exceeding even the rising expectations of just a few days ago. But just how healthy -- and fundamentally changed is the new GM -- for the long-term?
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| Nov. 18, 2010
GM: Worthless to Record-Breaking
Over a year ago, General Motors told investors its stock was worthless and to stop trading it. In a move that buoyed the markets Thursday morning, their stock opened at $35 a share and kicked off the process of repaying government debt.
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| Nov. 18, 2010
General Motors Launches IPO; Ireland May Receive Massive Bailout Funds
General Motors will once again be a publicly-traded company, with a stock offering that could be worth as much as $23 billion -- about $13 billion of which would be returned to the government.
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| Nov. 17, 2010
Budget Watchdogs Warn of Worsening Deficit, Explore Strategies to Cut
Following on the heels of the bipartisan deficit commission chairmen's recommendation of drastic cuts, former Republican Sen. Pete Domenici and former White House Budget Director Alice Rivlin presented a new take on how to reduce the deficit and warned of a "death spiral" if the debt was not corrected with austerity measures.
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| Nov. 17, 2010
In Maine, Service Time Swapped to Help Stretch Dollars in Recession
Special correspondent David Brancaccio traveled across America to find people who are creating new jobs and opportunities in their communities to stay afloat during the recession for a PBS documentary called "Fixing the Future." In this excerpt, he reports how some Mainers have started sharing services to save money.
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| Nov. 17, 2010
News Wrap: Pelosi, Boehner Re-Elected to Lead Parties in House
In other news Wednesday, outgoing Speaker of the House Nancy Pelosi won enough votes from her Democratic colleagues to keep the party's top spot in the next Congress when the GOP takes over control. As expected, GOP Minority Leader John Boehner won backing from his party to be the next speaker of the House.
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| Nov. 17, 2010
Economics is Missing A Funny Bone | An Interview With 'Merle Hazard'
The Fed's announcement of another round of so-called "quantitative easing" is all over the news.
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| Nov. 17, 2010
On Wednesday's NewsHour: Cholera in Haiti, Nuclear Treaty, Deficit Ideas
On the NewsHour this Wednesday: An update on Haiti's cholera outbreak, a look at a stalled nuclear arms treaty, a report on an unusual take on the recession in Maine, two new views on cutting the deficit and a conversation with war photographer Tim Hetherington.
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| Nov. 17, 2010
Why Doesn't Economics Have A Funny Bone? An Interview With 'Merle Hazard'
Economics and business correspondent Paul Solman chats with 'Merle Hazard', aka investment banker Jon Shayne, about the Fed's recent QE2 move, perceived bias and whether or not the science of economics has a funny bone.
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| Nov. 17, 2010
EU in Talks Over Ireland's Finances; Germany Warns of Possible Terrorist Attack
European leaders continued talks on how to tackle Ireland's troubled finances, paving the way for a possible bailout that could be worth as much as €100 billion.
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| Nov. 16, 2010
News Wrap: Markets on Edge Over Ireland's Growing Debt Crisis
In other news Tuesday, European Union finance ministers met to discuss a possible bailout for Ireland, whose banks have more than $60 billion in real estate debt. In Haiti, the death toll from cholera passed 1,000 as two died in riots ignited by a claim that peacekeepers from Nepal brought cholera into the country.
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| Nov. 16, 2010
Banks, Congress Grapple Over Scope of Foreclosure Problem
Judy Woodruff gets the latest on the nationwide probe into flawed mortgage documents that could lead to billions of dollars in bank losses and further cripple the housing market.
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| Nov. 16, 2010
Was Ireland's Financial Crisis Predictable?
Paul Solman on recurring themes in countries facing financial crises.
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| Nov. 16, 2010
EU Faces Ongoing Currency Worries; Obama to Present Medal of Honor
Following Ireland's refusal of a bailout from the European Central Bank, European Union president Herman Van Rompuy warned of impending crisis if the eurozone nations did not act quickly.
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| Nov. 15, 2010
News Wrap: Irish Officials Confirm Debt Talks, Say Bailout Not Needed
In other news, Ireland's debt soared after it rescued five banks from huge real estate losses, but officials there insist the country doesn't need a bailout. Meanwhile, European Union officials reported the Greek government has much more debt than first feared.
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| Nov. 15, 2010
How Would YOU Balance the U.S. Budget?
The Sunday Times recently featured an exercise that it might make sense for all Americans to try, and certainly members of Congress pressing to balance the budget- Budget Puzzle: You Fix the Budget.
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| Nov. 12, 2010
G-20 Leaders Leave With Few Specifics on Trade, Currency
The Group of 20 summit in South Korea concluded with some broad goals but many lingering questions over currency disagreements and trade imbalances. Judy Woodruff gets more on what happened -- and what didn't happen -- with Eswar Prasad of Cornell University and Zanny Minton Beddoes of The Economist.
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| Nov. 12, 2010
At G-20, Loose Goals Set for Trade Imbalances; U.S. Prods China on Currency
World leaders at the G-20 summit in South Korea set broad guidelines for the global economy but left out details on how key issues will be resolved. Jeffrey Brown speaks with Sewell Chan of the New York Times, who covered the Seoul summit.
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| Nov. 12, 2010
Who's to Blame: China or the U.S.?
A simple graphical explainer that looks at how international trade (and importing Chinese goods) moves dollars from U.S. companies into the State Bank of China. Also, Yasheng Huang and Paul Solman chat about who's to blame -- China or the U.S. -- for the Chinese government owning so much American debt and dollars.
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| Nov. 12, 2010
Truth and Consequences: Or What Happens When The Election Ends
Former Wyoming Sen. Alan Simpson, a Republican, and former Clinton White House chief of staff Erskine Bowles, a Democrat, have been to this rodeo before. That's why they waited one week and one day to drop their post-election bombshell.
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| Nov. 12, 2010
Pelosi Will Take Wait-and-See Approach to Deficit Proposals
On Wednesday, House Speaker Nancy Pelosi called the draft proposal released by the president's National Commission on Fiscal Responsibility and Reform "unacceptable." But on Thursday, when asked if she would ultimately accept the commission's results, Pelosi responded, "I will have to see what is in the final draft."
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| Nov. 12, 2010
G20 Leaves Work to Be Done; Iraq's Government Agreement Faces Obstacles
Representatives of the world's largest economies who are gathered in Seoul faced a series of tough issues, many of which could not be resolved in the span of the two-day summit.
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| Nov. 11, 2010
Deficit Plan Revives Debate on Spending Priorities
Jeffrey Brown gets three perspectives on the bipartisan fiscal commission's recommendations to cut spending and change tax policy to combat the federal deficit.
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| Nov. 11, 2010
U.S., China Go Head-to-Head Over Currency Values
President Obama met with Chinese President Hu Jintao in Seoul to discuss ongoing concerns over China devaluing its currency, thereby giving its products a competitive advantage in the market. Paul Solman looks into the dispute.
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| Nov. 11, 2010
U.S., South Korea Fall Short on Trade Deal
Negotiators were unable to cement a free trade deal between the two countries, but President Obama and South Korean president Lee Myung-bak expressed hope that an agreement would be reached soon. President Obama marked Veterans Day with troops at Yongsan Army base in Seoul.
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| Nov. 11, 2010
On Thursday's NewsHour ... Iraq's New Government, U.S.-China Currency Disputes
Iraq has a new government, but how will it fare? Analysts weigh in. Then, Paul Solman explores U.S.-China currency issues; Jeffrey Brown gets three takes on a drastic plan to trim the deficit; an interview with Delaware's Sen.-Elect Chris Coons; and an update on mismarked graves at Arlington Cemetery.
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| Nov. 11, 2010
Fiscal Commission Report Ignites New Debate Over Tackling Debt
So now maybe we'll find out who's serious about attacking the federal debt. With the proposal released Wednesday by the heads of the bipartisan commission appointed by President Obama to look at ways to tackle the nation's looming fiscal crisis, it's going to be harder for lawmakers to take a pass when asked what they would do.
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| Nov. 11, 2010
American Debt and The Chinese Government: A Match Made in Purgatory?
The United States is in debt to the tune of $13.7 trillion. But for what, and to whom?
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| Nov. 11, 2010
Both Sides Unhappy with Debt Commission's Proposals
Voters sent a clear message in this month's midterm elections: They want their elected officials to do something about the country's deficit and debt. In fact, exit polls showed 40 percent of voters said the highest priority of the next Congress should be "reducing deficit."
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| Nov. 11, 2010
Iraqis Reach Tentative Deal on Government
After eight months of gridlock, Iraq's leaders reached an agreement that would keep Prime Minister Nouri al-Maliki in power but give Sunnis and Kurds leadership blocs in the government, including a prominent role for Ayad Allawi.
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| Nov. 10, 2010
Obama to Face Concerns Over Dollar Deflation, Fed Move at G-20
As President Obama meets global leaders in South Korea to tackle currency and trade disputes, he will face concerns over U.S. actions that could drive down the value of the dollar and hurt the price of exports. Judy Woodruff speaks with Zanny Minton Beddoes of The Economist and Eswar Prasad of Cornell University.
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| Nov. 10, 2010
Fed's $600B Move a 'Chief Irritant' Facing Obama as G-20 Begins
President Obama faces international criticism over disputed currency policy as the G-20 Summit kicks off in Seoul. World leaders question whether the U.S. Federal Reserve is making sound economic decisions for the global economy. Judy Woodruff has details.
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| Nov. 10, 2010
News Wrap: Boehner Standing Firm on Extending Bush Tax Cuts
In other news Wednesday, taxes were a central focus of a Republican meeting to discuss their transition to power in the House. The presumed next Speaker of the House John Boehner stood firm on extending tax cuts across the board, including ones for the wealthy.
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| Nov. 10, 2010
Next Steps Unclear for Commission's Drastic Debt-Reduction Plan
A bipartisan deficit commission appointed by President Obama issued a draft proposal of drastic spending cuts Wednesday, ranging from changes in Social Security to tax policy. Lori Montgomery of the Washington Post gives details on what the panel leaders are calling "painful" cuts and how the ideas have been received.
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| Nov. 10, 2010
Fiscal Commission Proposes Big Cuts, Tax Reform to Reduce U.S. Debt
The Fiscal Commissionfc charged with charting a path toward a balanced federal budget released a draft reportr Wednesday, calling for cuts to Social Security, broad changes to the tax code and cuts in spending across the ledger.
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| Nov. 10, 2010
How Stimulating is Military Spending?
Paul Solman Answer the question of whether military spending can be seen as a form of economic stimulus, despite the fact that it's necessary spending. Solman turns to economist John Meynard Keynes, who belived any spending, however wasteful, was needed to keep people working and resources used.
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| Nov. 9, 2010
News Wrap: U.S. Open to Delay Iraq Troop Drawdown, Gates Says
In other news Tuesday, Defense Secretary Robert Gates suggested the U.S. would be open to delaying the troop withdrawal from Iraq past the 2011 deadline, but only if Iraqis take that initiative.
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| Nov. 9, 2010
Midterm Election Proved Don't-Tread-On-Me Individualism in WEIRD America
As to the midterm election last week, the following is prompted by an academic paper urged upon me by several top psychology professors, for reasons having nothing to do with the voting to come.The paper: "The Weirdest People in the World." "WEIRD" stands for "Western," "educated," "industrialized," "rich" and "democratic."
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| Nov. 9, 2010
Former President Bush Defends His Legacy in New Book
Tuesday marks the official release of former President George W. Bush's memoir, "Decision Points," in which he reflects on the most significant decisions he made as president, as well as in his personal life.
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| Nov. 8, 2010
Watch Live: BP Oil Spill Commission Hearing
The National Oil Spill Commission is holding two days of public hearings this week on the cause of the Deepwater Horizon rig explosion that triggered the disaster.
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| Nov. 8, 2010
The Fed's Latest Move: Monetary Debauchery?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 5, 2010
Krugman: Jobs Report Shows Labor Market 'Going Sideways'
Private-sector job growth in October surprised analysts, but U.S. unemployment held steady at 9.6 percent. "This is not progress," economist Paul Krugman told Judy Woodruff, while Douglas Holtz-Eakin said job growth has hit an "unacceptable anemic pace."
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| Nov. 5, 2010
Why Did So Many Democrats Lose? Some Districts Were Never a Good Fit
As the Democrats sort through the wreckage of Tuesday night, the question "what just happened?" is undoubtedly running through their minds. Was it Tea Party enthusiasm that buried them or anger at the economy or a loss of faith in President Obama? Or maybe all those things. A Patchwork Nation analysis offers some answers.
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| Nov. 5, 2010
Solman Answers Reader Questions on Latest Job Numbers
A flurry of questions today about the October job report from NewsHour's Facebook and Twitter.
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| Nov. 5, 2010
October Job Numbers Raise Reader Questions
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 5, 2010
Map: President Obama's Trip to Asia
President Obama embarked Friday morning on a 10-day trip to India, Indonesia, South Korea and Japan. He plans to meet with world leaders, participate in the G-20 and APEC economic summits, and give a speech on U.S. outreach to the Muslim community. Here's a look at his itinerary.
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| Nov. 5, 2010
Hurricane Descends on Haiti; U.S. Adds 150k Jobs; Mount Merapi Erupts Again
Tropical Storm Tomas strengthened to a hurricane, bringing heavy rain and 85 mile per hour winds over Haiti; the U.S. economy added more than 150,000 jobs jobs in October, the first increase since May; and Indonesia's Mount Merapi erupted again, killing 69 people.
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| Nov. 4, 2010
News Wrap: Qantas Plane Shoots Flames During Flight, Lands Safely
In other news Thursday, Australian airline Qantas grounded its fleet of Airbus A-380s after one of them blew an engine mid-flight. The plane, which was carrying 459 passengers, made an emergency landing safely in Singapore.
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| Nov. 4, 2010
Economic Theory -- And Jim Lehrer -- in Song
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 4, 2010
Haiti Bracing for Tropical Storm; Jobless Claims Rise; Qantas Grounds A380s
Also in the headlines: a French official said one of two mail bombs sent from Yemen last week was disarmed just 17 minutes before it was set to go off; U.S. officials raided a San Diego-area warehouse Wednesday and found a passageway 4 feet high and 1,800 feet long crossing into Tijuana, Mexico.
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| Nov. 3, 2010
Fed Announces $600 Billion Economic Stimulus
In an effort to boost the slow economic recovery, the Federal Reserve announced a bold move to buy $600 billion more in government bonds by the middle of next year. Jeffrey Brown talks to David Wessel of The Wall Street Journal and Chrystia Freeland of Reuters for the details.
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| Nov. 3, 2010
Midterm Election Pitted Keynesians Vs. Hayekians, Again
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Nov. 3, 2010
Fed to Engage in Second Round of Quantitative Easing
Through the second quarter of 2011, the Fed will spend $600 billion on securities at a rate of around $75 billion a month "(t)o promote a stronger pace of economic recovery."
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| Nov. 3, 2010
A Lighter Look at Campaign Ads in a Record-Breaking Midterm Race
After the most expensive midterm election in U.S. history, a fresh look at how the money was spent in the deluge of advertisements.
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| Nov. 3, 2010
Wednesday: Fed Meets Over Stimulus; Greece Suspends Airmail Due to Bombs
The Federal Reserve is expected to meet Wednesday afternoon over plans to stimulate the economy, pushing stock futures up slightly as investors await the Fed's moves.
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| Nov. 2, 2010
How Does Outside Money Flow Into Campaigns?
Paul Solman tracks the outside money pouring into some campaigns and examines how big of an influence they have. This is all part of his regular reporting on 'Making Sense of Financial News'.
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| Nov. 2, 2010
Scores of Iraqis Killed in Bombing Blitz
At least 13 car bombs and roadside blasts exploded in Shiite neighborhoods across Baghdad, killing 76 people.
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| Nov. 1, 2010
58 Killed During Roman Catholic Mass in Iraq
Funerals were held today for hostages killed at a Roman Catholic Church in Baghdad last night. Militants raided the church and killed at least 58 people and wounded 78 others. Pope Benedict XVI condemned the murder of unarmed worshippers.
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| Nov. 1, 2010
A Side Note on Herbal Supplements
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| OCTOBER
Oct. 29, 2010
News Wrap: Suicide Bomber Kills 21 Iraqis; Indonesia Tsunami Death Toll Climbs
In other news Friday, a suicide bomber in northeast Baghdad killed 21 people. In Western Indonesia, the death toll from this week's tsunami topped 400, with 300 still missing and thousands homeless.
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| Oct. 29, 2010
Economy Grows in 3rd Quarter; Bad Weather Stalls Indonesia Relief Efforts
The economy grew this summer at a slightly faster rate than last summer, as the Commerce Department said Friday that the economy expanded at a 2 percent annual rate in the July-September quarter. And poor weather and a shortage of boats are slowing relief efforts to remote areas of the Indonesian islands hit by a tsunami.
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| Oct. 29, 2010
Readers Express Doubt in Boston Community Capital
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 28, 2010
Foreclosures on the Rise in Big Cities
A new report shows that 133 out 206 American metropolitan areas had an increase in foreclosure activity this summer. Ray Suarez explores the spread of the foreclosure epidemic with Patchwork Nation director Dante Chinni and Rick Sharga of Realty Trac.
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| Oct. 28, 2010
Death Toll Climbs in Indonesia; Strikes Continue in France
In other news, rescuers found more bodies in the wreckage from Monday's tsunami in Indonesia. And in France, strikes over recently approved pension reforms disrupted air travel.
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| Oct. 28, 2010
Venom, Primal Passion and The Dark Side of Comments
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 28, 2010
Thursday: Indonesia Tsunami Death Toll Rises; Foreclosures Up in Cities
The death toll from the tsunami that struck Indonesia rose to 343 as more bodies were found on remote islands. In the U.S., foreclosure listing firm RealtyTrac said the mortgage crisis intensified in metropolitan areas this summer, with Chicago and Seattle seeing a sharp increase in foreclosure warnings.
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| Oct. 27, 2010
French Retirement Shift Stokes Strong Emotions
Mildrade Cherfils of GlobalPost gives details on what's to come after the French Parliament voted in favor of pension reform.
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| Oct. 27, 2010
French Parliament Passes Retirement Reform
Despite heated street protests, France's parliament voted in favor of pension reform, including an increase in the retirement age from 60 to 62.
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| Oct. 27, 2010
Pensions Pose Major Challenge for Governments Worldwide
From France to San Francisco, pension reform is hot. What once was an arcane, wonky topic has become a political and social flashpoint in elections and - as in France - in the streets.
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| Oct. 27, 2010
Your Mortgage Questions Answered: Consumer Lawyer Max Gardner
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 27, 2010
Your Mortgage Questions Answered: Consumer Lawyer Max Gardner
Editor's Note: In Show Me the Mortgage, Paul Solman talked to "the dean of the bankruptcy bar," North Carolina lawyer Max Gardner, about the possibly fraudulent paperwork banks are under investigation for using.
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| Oct. 27, 2010
Tsunami, Volcano Kill at Least 300 in Indonesia; Storms Hit Midwest, South
A thick layer of dust coated villages on the Indonesian island of Java after Mount Merapi began spewing lava and ash on Tuesday. At least 30 people have been confirmed dead. Mount Merapi last erupted in 2006.
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| Oct. 26, 2010
Nightmarish Stories of Mortgage Modification Woes
The idea that bank paperwork can weigh you down is nothing new. But the foreclosure cases we've come across lately sound downright Kafka-esque.
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| Oct. 25, 2010
Big Banks Resume Foreclosure Paperwork
Major banks across the country continue to dig through internal documents to show that foreclosures have been properly handled following accusations of faulty paperwork. Binyamin Appelbaum of the New York Times gives more details on the investigation into flawed foreclosure proceedings.
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| Oct. 25, 2010
Homeowners Express Frustration with Government Loan Modifications
Many struggling homeowners rely on loan modifications from government programs to keep afloat on their mortgages. Some say they are running into problems with these services. Paul Solman has more.
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| Oct. 25, 2010
News Wrap: Fed Addresses Foreclosure Frenzy, Bloody Weekend in Mexico
Federal Reserve Chairman Ben Bernanke said the Central Bank is getting involved in the recent foreclosure mess caused by faulty paperwork. In Mexico, 10 people were killed at a rehab center in Tijuana in another bloody episode of drug violence.
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| Oct. 25, 2010
GOP Leads Among Independents, Poll Says
According to a new poll released by Politico and George Washington University, independent voters are more likely to vote for Republicans than Democrats in the upcoming midterm elections by at least 14 percentage points. NewsHour Political Editor David Chalian discusses the latest developments.
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| Oct. 25, 2010
New Diversity Districts Appear Safe for Democrats, at Least for Now
If Democrats are looking for safety this year, they have it in the New Diversity districts that dot the West Coast. But even in these safe seats, shifts in the economy and makeup of certain districts could be opening the door for growing Republican influence.
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| Oct. 22, 2010
Would Unemployment Drop If Wages Were Tied to a Firm's Profits?
Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page.
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| Oct. 22, 2010
Would Unemployment Drop If Wages Were Tied to a Firm's Profits?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 21, 2010
What's Really in Herbal Supplements?
In one of America's fastest-growing but least-regulated industries, consumers face a dizzying array of herbal treatment options. But studies about the effectiveness of these products are inconclusive, and the ingredients listed in labels are sometimes misleading. Paul Solman reports.
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| Oct. 21, 2010
Political Notebook: New Polls Show Republican Edge in Enthusiasm
Political Editor David Chalian speaks with Margaret Warner about a new set of polls showing Republicans leading among likely voters and the midterm campaigning focusing more on President Obama's job performance.
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| Oct. 21, 2010
Jobs, Economy Loom Large in Elections, But Candidates Shirk Specifics
How is the economy playing out as an election issue across the U.S. and what are candidates saying about it? Jeffrey Brown gets perspectives from Gene Grant of KNME in Albuquerque, N.M.; Cathy Lewis of WHRV in Hampton Roads, Va.; Julie Philipp of WXXI in Rochester, N.Y. and John Myers of KQED Public Radio in Sacramento, Calif.
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| Oct. 21, 2010
News Wrap: U.S., Afghan Troops Claim Gains in Taliban Stronghold
In other news Thursday, a report in The New York Times says a U.S. and Afghan military offensive has made gains in the Taliban stronghold of Kandahar by deploying a new mobile rocket and by disrupting insurgent supply lines.
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| Oct. 21, 2010
A Closer Look at Herbal Supplements
American consumers face a dizzying array of herbal treatment options, but how can you tell what's really in supplements?
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| Oct. 21, 2010
Jobs, Conservative Roots Pose Hurdles for Democrats in Small Town America
Ohio's 16th District all begins with Canton. The former manufacturing hub has simultaneously shrunk in population and yet grown in the ranks of Ohio cities - climbing to the state's seventh largest. In places like these, jobs and deep conservative tendencies are posing a challenge for Democrats this election year.
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| Oct. 21, 2010
Toyota Recall Affects Lexus and Avalon Models
According to Toyota, there maybe a problem with the brake master cylinder cup in nearly 1.5 million of its vehicles around the world.
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| Oct. 21, 2010
Why Not Use Financial Revenues to Pay Down the National Debt?
Can revenues from financial services be used to pay down the national debt? Paul Solman answers the question on "The Business Desk."
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| Oct. 20, 2010
UK Budget Cuts: Timing, Scale Debated, But Not Principle
In light of the UK's new austerity measures, Jeffrey Brown gets two perspectives about Britain's financial future with Ned Temko of The Observer and The Economist's Zanny Minton.
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| Oct. 20, 2010
UK Rolls Out Austerity Cuts 'Not Seen for Generations'
Gary Gibbon of Independent Television News reports on Britain's decision to dramatically cut the budget to tackle the country's mounting deficit.
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| Oct. 20, 2010
Boston Firm Offers Homeowners a Second Chance After Foreclosure
For those who have lost a home they could have afforded at market rate, Boston Community Capital offers an avenue to regain ownership. Paul Solman reports.
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| Oct. 20, 2010
News Wrap: Sarkozy Seeks to Reopen Refineries as Protests Drain Gas Stations
In other news Wednesday, French President Nicolas Sarkozy made orders for riot police to clear blockades from the country's oil refineries while more gas stations ran dry due to protests. Union members also blocked access to several airports causing flight cancellations.
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| Oct. 20, 2010
HUD Secretary Donovan on Foreclosure Snags: 'This is Not a Systemic Problem'
Housing and Urban Development Secretary Shaun Donovan discusses Obama administration efforts to combat major problems with foreclosures. Donovan says the government is reviewing concerns that some banks did not comply with FHA requirements before evicting homeowners.
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| Oct. 20, 2010
Nonprofit Bank Buys Foreclosed Homes, Then Sells Them Back to Former Owners
We have the third installment of our Making Sen$e foreclosure series on Wednesday's NewsHour.
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| Oct. 20, 2010
Britain Plans Deepest Cuts in Decades
It's a public spending slash of potentially historic proportions as Britain launches a so-called austerity campaign aimed at reducing its deficit.
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| Oct. 20, 2010
Non-Profit Bank Trys to Help Struggling Homeowners
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 20, 2010
French Police Break Oil Blockades; Votes Thrown Out in Afghan Election
French riot police forced union workers away from blocked fuel depots in western France on Wednesday as strikes against government plans to increase the age for retirement reached its seventh day.
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| Oct. 19, 2010
Boston Group Helps Homeowners 'Stand Up, Fight Back' Against Foreclosure
Paul Solman reports on a Boston non-profit group that is helping families and homeowners stay in their homes in the face of foreclosure. This is the second in an occasional series on the mortgage crisis.
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| Oct. 19, 2010
In France, Labor Protests Turn 'More Radical'
French senators plan to move forward with a vote to raise the age of retirement from 60 to 62, despite growing protests over the measure. Jim Lehrer speaks with GlobalPost correspondent Mildrade Cherfils for more on the protests' escalating violence.
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| Oct. 19, 2010
French Protesters Continue Efforts to Halt Pension Reform
At least 1 million people again filled streets across France and disrupted traffic to protest a proposed retirement age hike. ITN's Jonathan Rugman reports from Paris about the ongoing -- and sometimes violent -- demonstrations.
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| Oct. 19, 2010
Judy Woodruff: Economy Divides Voters in Tight Nevada Senate Race
In the Silver State's closely watched Senate race between incumbent Harry Reid and Tea Party favorite Sharron Angle, supporters on both sides of the spectrum voice deep concern over the state's hard-hit economy, Judy Woodruff writes.
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| Oct. 19, 2010
One Producer's Take on Putting a Human Face on the Foreclosure Story
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 19, 2010
Tuesday: French Labor Strikes Create Havoc; Bank of America Records Big Loss
Protests against the French government's plans to raise the retirement age from 60 to 62 continued today. Flights were canceled, long lines formed at gas stations and train service was cut in half because of union strikes.
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| Oct. 18, 2010
Pakistani Flood Victims Face Malnutrition, Disease as Winter Nears
Special correspondent Jeffrey Kaye reports on Pakistani flood victims' continuing needs for food, medicine, agricultural help and other aid as winter nears.
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| Oct. 18, 2010
Unemployment, Foreclosures Top Voter Concerns in Reid-Angle Showdown
Political watchers are keeping an eye on the close Senate race in the Sliver State between Senate Majority Leader Harry Reid and Tea Party candidate Sharron Angle. Judy Woodruff reports from Nevada on the neck-and-neck race.
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| Oct. 18, 2010
News Wrap: In France, Riots Exacerbate Fuel Shortage
Strikers in France defied a government order to stop blockading the country's oil refineries. Already 1,500 gas stations have nearly run out of fuel.
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| Oct. 18, 2010
As Election Nears, GOP Heavyweights Tout Message of Change
With just 15 days until the midterm elections, candidates are pounding the campaign trail in hopes of getting voters to the polls on Nov. 2. Gwen Ifill talks to Stuart Rothenberg, editor and publisher of the Rothenberg Political Report, about the strategies being used to per sway voters.
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| Oct. 18, 2010
The Road to 'Robo-Signing'
One of the controversial pieces of the foreclosure fallout is the possibly illegal procedure known as "robo-signing" that has gained media attention in the last two weeks.
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| Oct. 18, 2010
Food Insecurity a Chronic Problem in Mozambique
In Mozambique, Maputo's streets were buzzing with commercial activity Monday and its beaches were packed over the weekend with families having picnics and friends sharing beers. But just last month, there was a very different scene: riots over a hike in food and water prices raged for three days and ended with 13 people dead.
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| Oct. 18, 2010
Your Religion Questions Answered: Robert Putnam of 'American Grace'
Last week, Paul Solman talked to Robert Putnam.
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| Oct. 18, 2010
Your Religion Questions, Answered
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 15, 2010
News Wrap: Retail Sales Pick Up in September
Stocks were mixed on Wall Street on the retail news and signals from the Fed that it would do more to boost the economy.
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| Oct. 15, 2010
Fed's Next Move: What Will Boost the Economy?
Fed chairman Ben Bernanke signaled Friday that his agency is prepared to make new moves to boost the economy. But what would help the most? Jeffrey Brown asks economists.
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| Oct. 15, 2010
Consumer Lawyer Max Gardner to Answer Your Foreclosure Questions
Paul Solman is reporting on the foreclosure crisis, and "the dean of the bankruptcy bar," North Carolina lawyer Max Gardner, has agreed to answer your questions about the debacle online.
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| Oct. 15, 2010
Bernanke Suggests Fed Will Do More; Chilean Miners Begin to Head Home
Stock futures jumped after a much-anticipated speech by Ben Bernanke Friday morning, in which the Fed chairman indicated that the central bank may need to do more to stimulate the economy and reduce unemployment.
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| Oct. 15, 2010
Mortgage Lawyer Max Gardner to Answer Your Questions
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 14, 2010
'California Is a Place' Still Reeling From Recession
Filmmakers Drea Cooper and Zack Canepari looked at California foreclosures through a different lens by concentrating on the crisis in some off-beat places.
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| Oct. 14, 2010
Why We're Looking at Foreclosures
On Thursday's NewsHour, we have the first in a series of stories on foreclosures.
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| Oct. 14, 2010
Why We're Looking at Foreclosures
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 14, 2010
Faulty Paperwork Prompts Deepening Foreclosure Problem
Foreclosures are mounting and attorneys general have launched an investigation into claims of faulty lender paperwork. Paul Solman reports.
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| Oct. 14, 2010
News Wrap: Taliban May Be Considering New Talks
According to the head of Afghanistan's new peace council, the Taliban is ready to take part in serious peace negotiations. But the council's chairman warned the process won't happen over night.
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| Oct. 14, 2010
How Does Chinese Currency Hurt U.S. Debt?
Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page.
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| Oct. 14, 2010
Chile Rescue Operation Ends; Foreclosures Set New Record
Less than 24 hours after the rescue operation began, the last of the 33 miners trapped underground for more than two months was pulled to safety Wednesday night. Shift foreman Luis Urzua, along with Chilean President Sebastian Pinera, led the crowd in singing Chile's national anthem.
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| Oct. 13, 2010
How Many Wind Farms Are in the Works for the U.S.?
Google announced Tuesday that it will invest in an enormous new project to build an undersea transmission line off the mid-Atlantic coast that could bring energy from offshore wind farms to as many as 1.9 million households. But how many wind farms are already in the works for the U.S.?
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| Oct. 13, 2010
Robert Putnam to Answer Your Questions on 'American Grace'
On Monday's NewsHour, I interviewed public policy professor Robert Putnam of "Bowling Alone" fame about his massive new study of religion, six years in the making: the book "American Grace.
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| Oct. 13, 2010
Robert Putnam to Answer Your Questions
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 13, 2010
States Open Foreclosure Investigation; Court to Hear DNA Evidence Case
A group of 40 state attorneys general is set to announce an investigation Wednesday into foreclosure practices at some of the country's largest lenders.
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| Oct. 12, 2010
News Wrap: Judge Orders Injunction for 'Don't Ask, Don't Tell'
U.S. District Judge Virginia Phillips ordered the military stop enforcing its ban on openly gay troops and issued a worldwide injunction against the "Don't Ask, Don't Tell" policy.
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| Oct. 12, 2010
More From Robert Putnam on 'American Grace'
On Monday, Paul Solman interviewed Robert Putnam, a Harvard public policy professor and one of the co-authors of "American Grace," on religion in America. The full interview delved into many more topics than there was time to air, so we're posting some web-only clips.
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| Oct. 12, 2010
Ban Lifted on Deep Water Oil Drilling
The Obama administration said Tuesday that it is lifting a moratorium on offshore oil drilling imposed after the Deepwater Horizon spill disaster in the Gulf of Mexico.
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| Oct. 12, 2010
This Year's Nobel Prize Winners in Economics: Skeptics and Supporters
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 12, 2010
This Year's Nobel Prize Winners in Economics: Skeptics and Supporters
A few words about the Nobel Prize in economics and this year's winners.
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| Oct. 11, 2010
Economists Earn Nobel Prize for Asking How Job Market Works
Two Americans and a British-Cypriot won the Nobel Prize in Economics in recognition of their research into why markets often don't work as expected -- particularly the job market. Jeffrey Brown talks to Catherine Rampell of the New York Times for more.
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| Oct. 11, 2010
News Wrap: Weak Forecasts for Economy, Karzai Confirms Contacts With Taliban
In other news Monday, dire forecasts emerged for future economic growth and Afghan President Hamid Karzai confirmed his government has been talking with Taliban leaders for "quite some time."
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| Oct. 11, 2010
Would a U.S. Foreclosure Ban Yield 'Catastrophic' Consequences?
The securities industry said Monday that a nationwide ban on home foreclosures would be "catastrophic" for the U.S. Jeffrey Brown asks the Ohio attorney general and a foreclosure expert for insight.
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| Oct. 11, 2010
When Economy Wanes, Politics in Europe Tend to Tilt Right
A new maxim appears to be developing in politics from Central and Eastern Europe into Western Europe: the further down the economy goes, the further right go the politics.
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| Oct. 11, 2010
What Voters Talk About When They Talk About the Economy
As Patchwork Nation often notes, the diversity of communities in the United States makes it difficult to identify a single economic story. But as midterm elections approach, a look at recent poll data show views about the economy that seem fairly uniform across Patchwork Nation's nine congressional district types.
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| Oct. 11, 2010
Monday: Chilean Miners Move Closer to Freedom; Trio Win Nobel in Economics
A group of trapped miners in Chile inched closer to freedom over the weekend, as engineers worked to complete a nearly 2,050 foot-long shaft that will ultimately carry the 33 men to the surface.
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| Oct. 8, 2010
Shields, Brooks on Sept. Jobs Report: 'Another Blow' for Democrats
Syndicated columnist Mark Shields and New York Times columnist David Brooks discuss the week's top political stories, including the latest jobs numbers, the resignation of National Security Adviser Jim Jones and special-interest influence in this election.
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| Oct. 8, 2010
News Wrap: Jobs Report Fuels New Rally on Wall Street
In other news Friday, the latest unemployment reading helped push Wall Street higher, with the Nasdaq and Dow Jones industrial average each up more than 1 percent for the week.
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| Oct. 8, 2010
U.S. Recovering Jobs But Pace Has Slowed, Analyst Says
The Labor Department reported that there were 95,000 jobs lost last month and that September's numbers continue 14 straight months of unemployment being above 9.5 percent. Judy Woodruff reports on the latest numbers, then Ray Suarez talks to Lakshman Achuthan, managing director of the Economic Cycle Research Institute.
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| Oct. 8, 2010
Does Your Lipitor Smell Funny? Check the Bottle
If you are one of the millions who take Pfizer's heart drug Lipitor and happen to have one of the unlucky 90 count bottles of the 40mg pills you may notice an odd, musty odor.
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| Oct. 8, 2010
California Governor's Race: a Hot Campaign Sans Obama, Tea Party
In the troubled and debt-ridden state of California, two well-known candidates are vying for the dubious honor of becoming the next governor. But something is missing that has permeated other races around the country, notably a focus on the tea party and President Obama.
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| Oct. 8, 2010
Despite Earlier Economic Crises, Euro Performing Well -- Almost Too Well
It was only last spring, amid the Greek financial crisis and divisions among European Union nations on how to respond to it, that some voices of alarm arose about the future of the European common currency, the euro, and even of the entire EU enterprise.
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| Oct. 8, 2010
Bank of America Halts Foreclosure Sales in All 50 States
Bank of America said Friday that it will stop sales of foreclosed homes in all 50 states as it looks into reports of flawed paperwork practices.
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| Oct. 8, 2010
September Job Losses Steeper, Worse for Economy Than Expected
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 8, 2010
Unemployment Report Does Little to Alter Midterm Dynamic
Friday's monthly jobs report was the last before November's midterm elections and it likely did little to alter voters' discontent about the state of the U.S. economy.
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| Oct. 7, 2010
Upcoming: Ways To Deal With the Foreclosure Crisis
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 6, 2010
'Robo-Signing' Paperwork Breakdown Leaves Many Houses in Foreclosure Limbo
Foreclosures in 23 states have been halted by major banks after allegations surfaced of illegal practices. Jeffrey Brown talks to the president of the Center for Responsible Lending and a Columbia economics professor for more.
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| Oct. 6, 2010
To Visit or Not To Visit Spain?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 5, 2010
Consumer Czar Warren Sees Transparency in Banking as Top Priority
Elizabeth Warren, the head of the Consumer Financial Protection Bureau, talks to Jeffrey Brown about the goals of her new agency and how she plans to empower Americans to make better financial choices.
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| Oct. 5, 2010
News Wrap: 12 Arrested in France Amid Suspected Terror Plots
In other news Tuesday, amid possible terror plots in Europe, police in southern France arrested 12 suspects in raids aimed at Islamic militant groups.
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| Oct. 5, 2010
Google, Apple Among Those Vying for Living Room Media Dominance
As people spend more and more time consuming digital media, wryly noted here, Google is hoping its new service will become the breakout tool to fully integrate how the most popular forms are consumed in the home: Web, television, social media, music and more.
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| Oct. 5, 2010
Inside the Supreme Court: Marcia Coyle on NASA Background Checks Case
How much personal information should a job applicant have to give up to a prospective employer? That's the question the Supreme Court wrestled with Tuesday as it heard arguments in the privacy case NASA v. Nelson. Marcia Coyle of The National Law Journal was in the courtroom.
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| Oct. 5, 2010
With Such High Unemployment, Should the Foreign Worker Program End?
Given current employment problems, why is there still an H1-B program at this time? Paul Solman answers viewer questions on his Making Sense page.
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| Oct. 5, 2010
Tuesday: Times Square Bomber to Be Sentenced; Japan Slashes Interest Rate
Faisal Shahzad, the man who confessed to trying to blow up a car bomb in Times Square in May, is expected to be sentenced to a mandatory life term in prison Tuesday.
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| Oct. 4, 2010
Feinberg: Distance Not a Determining Factor in Paying Oil Spill Claims
Since BP first announced it would establish a $20 billion fund to pay claims from the oil spill disaster along the Gulf Coast, one of the more vexing questions has been about what kind of role proximity to the disaster should play in the compensation decisions.
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| Oct. 4, 2010
News Wrap: October Off to Deadly Start for NATO Troops in Afghanistan
In other news Monday, the NATO casualty count is on the rise again in the war in Afghanistan, with at least 11 troops killed in the first few days of October.
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| Oct. 4, 2010
What's The Best 'Spending Yourself Out Of Recession' Argument?
Without taking political sides, of course, what do you think is the best way to explain the "spend your way out of a recession" argument?
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| Oct. 1, 2010
Feinberg: Gulf Oil Spill Claims Paid More Quickly, But Tough Calls Ahead
Payments for claims tied to the BP oil spill in the Gulf of Mexico are set to crack the $1 billion mark next week, but there are still at least 20,000 claims that have yet to be resolved and there seem to be a larger number of cases of fraud than expected. We get an update from Ken Feinberg, the administrator of the claims fund.
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| Oct. 1, 2010
News Wrap: Tropical Storm Nicole Floods East Coast Highways
In other news Friday, remnants of Tropical Storm Nicole moved up the East Coast, battering the Northeast and dumping more than 10 inches of rain in parts of Delaware County, Pa.
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| Oct. 1, 2010
Status Update: Facebook-Inspired Film 'The Social Network' Opens
Last week, the NewsHour looked at "The Social Network", a film -- opening across the country on Friday -- about Facebook and its founder, Mark Zuckerberg.
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| Oct. 1, 2010
Conversation: Chad Troutwine, Producer of 'Freakonomics'
First a bestselling book, then a popular blog and soon to be a public radio show, the phenomenon that is "Freakonomics" is the brain child of University of Chicago economist Steven Levitt and journalist Stephen Dubner. Now, "Freakonomics" is a movie.
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| Oct. 1, 2010
McDonald's Flap Puts Spotlight on Mini-Med Health Plans
Discussions between the Obama administration and McDonald's over how the fast-food giant's health insurance plans will fare in the wake of health care reform are putting the spotlight on "mini-med" plans -- the type of coverage that McDonald's offers its workers.
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| Oct. 1, 2010
Where Do I Find...?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Oct. 1, 2010
Militants Attack NATO Tankers; TARP Expiring; Ecuador's President Rescued
Militants in southern Pakistan attacked more than two dozen tankers carrying fuel for NATO troops in Afghanistan on Friday, a day after Pakistan closed a major border crossing in the northwest.
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| SEPTEMBER
Sept. 30, 2010
Calif. Candidate Whitman, Former Housekeeper Trade More Accusations
Meg Whitman, the Republican candidate for governor of California, can't seem to shake charges that she knowingly employed Nicandra Diaz Santillan, an illegal immigrant, in her home as a housekeeper and nanny for nine years.
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| Sept. 30, 2010
Rural Transit Options Sought in Miss. Despite 'Welfare on Wheels' Criticism
One Mississippi community is using stimulus money to bring mass transit to rural areas around the clock. Special correspondent Miles O'Brien of has our "Blueprint America" series report.
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| Sept. 30, 2010
News Wrap: Emanuel Plans to Leave White House for Chicago Mayoral Bid
In other news Thursday, it was widely reported that White House Chief of Staff Rahm Emanuel will step down to run for mayor of Chicago. White House spokesman Robert Gibbs would not confirm the move but praised his contributions.
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| Sept. 30, 2010
AIG Looks to Repay Government, But Will Taxpayers Break Even?
Insurance giant AIG and the U.S. Treasury unveiled a plan to speed up the repayment of more than $100 billion in federal bailout money. Ray Suarez talks to economic writers Roben Farzad of Bloomberg Businessweek and Louise Story of The New York Times about what this means for taxpayers, the economy and the company.
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| Sept. 30, 2010
Pelosi: Middle Class' Future at Stake in Midterms, Democrats Proud of Record
House Speaker Nancy Pelosi describes to Judy Woodruff what she sees as the choice facing voters in the November elections. Watch their entire interview tonight on the NewsHour broadcast.
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| Sept. 30, 2010
Even As a Small Stockholder, Why Don't I Have Any Power?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 30, 2010
Thursday: AIG to Repay Government; Pakistan Blocks NATO Supply Route
AIG said Thursday it has reached a deal to repay the Federal Reserve Bank of New York billions of dollars it received during the credit crisis.
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| Sept. 29, 2010
Former Labor Secretary Reich: Bush-Era Tax Cuts 'Hurt Quite a Lot'
In the last of the series of conversations about whether to extend Bush-era tax cuts for any, all or some Americans, Robert Reich, who served as secretary of labor in the Clinton administration, explains why he believes they should not be extended.
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| Sept. 29, 2010
Release of Fisherman Reflects China's Rising Economic, Military Power
Over the weekend, China flexed its economic and military power when Japan gave into demands by releasing a trawler captain. Margaret Warner examines China's growing assertiveness in the region.
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| Sept. 29, 2010
News Wrap: Democrats Eke Out Tax Cut Proxy Vote Win
In other news Wednesday, the U.S. House staged a proxy fight on whether the Bush-era tax cuts should be extended and the Democrats won by a single vote. In the end, the House moved to adjourn without acting on the tax cut issue.
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| Sept. 29, 2010
Update | Round Two in the Lehman Art Auction
The Lehman art auction, part II, took place today at Christie's in London.
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| Sept. 29, 2010
In Europe, Protesters Rail Against Budget Cuts
Tens of thousands of protesters marched Wednesday in Brussels and trade unions planned strikes in Spain over planned austerity measures that are aimed at preventing an economic crisis in Europe, though critics say they would harm the poor.
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| Sept. 29, 2010
Is Life Expectancy Changing Due to Our Terrible Economy?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 29, 2010
Wednesday: In Europe, Terror Plot Uncovered, Anti-Austerity Protests
Security officials is Europe say a terror plot to wage a shooting spree in Britain, France and Germany is still a threat and authorities are monitoring sites in Pakistan where the threat originated.
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| Sept. 28, 2010
Recession Ushers in Widest Income Inequality Gap on Record
The U.S. now has the greatest disparity between the rich and the poor within Western industrialized countries, new Census data show. Timothy Noah of Slate magazine and Howard University professor Roderick Harrison looks at the growing income gap in America.
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| Sept. 28, 2010
News Wrap: Consumers, CEOs Hold Gloomier Economic Outlook
A business research group reported that U.S. consumers and business executives have a pessimistic outlook for the future, noting consumer confidence was the lowest since February.
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| Sept. 28, 2010
To Rent or to Buy? Housing Market Leaves No Easy Answers
Housing prices showed signs of stabilizing in July, but worries remain in many parts of country about the pros and cons of homeownership. Jeffrey Brown gets two views on homeownership versus renting from Jack Hough of SmartMoney magazine and Karl Case, who helped develop the Case-Shiller Home Price Index.
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| Sept. 28, 2010
On The No-Brainer Issue of Owning a Home
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 28, 2010
A Fresh Look: Rent Now, Buy Later?
We asked Paul Solman to weigh in on whether to rent or buy: > Since the 70s, it's been a no-brainer.
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| Sept. 27, 2010
Southwest Eyes Bigger Market Share With AirTran Merger
Southwest Airlines announced plans Monday to merge with rival AirTran. Margaret Warner and USA Today's Ben Mutzabaugh discuss what the merger could means for air passengers, airline employees and fares to the cities that will be added to Southwest's network.
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| Sept. 27, 2010
Clinton Adviser Tyson: Drop Tax Cuts for Wealthy to Spur Spending
Next in our continuing series of discussions on whether to extend Bush-era tax cuts to all or some Americans, Jeffrey Brown speaks with Laura Tyson, who served as President Clinton's chief economic adviser.
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| Sept. 27, 2010
News Wrap: NATO, Afghan Troops Step Up Pressure on Taliban
In other news Monday, NATO and Afghan soldiers ramped up offensive efforts against Taliban fighters in Southern Afghanistan to reclaim an insurgent stronghold.
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| Sept. 27, 2010
What Will Motivate Christian Conservative Voters This Year?
There is little doubt that the economy is the biggest driver of voter sentiment in 2010. Poll after poll shows economic anxieties are a serious concern for Americans. But that doesn't necessarily mean that the economy will play the only role in the power struggle in the House of Representatives.
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| Sept. 27, 2010
Lehman Art Auctions Better Than Expected
As a follow up to Friday's Lehman Brother's art collection video, we looked at how some of the pieces actually fared on Sotheby's auction block.
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| Sept. 27, 2010
Political Checklist: Obama Tries to Recapture 2008 Magic
As President Obama prepares for his latest campaign swing that includes a big public rally in Madison, Wis., Senior Correspondent Gwen Ifill and Political Editor David Chalian discuss how the White House is employing the president's celebrity status with young voters as a way to enliven the base of the Democratic Party.
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| Sept. 27, 2010
China's Rare Earth Deposits Add Trade Tensions to Dispute With Japan
Amid the recent rise in tensions between China and Japan over Japan's arrest of a Chinese trawler captain, Beijing has unleashed a reported trading halt on an unusual commodity: rare earth.
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| Sept. 27, 2010
Ban Expires on West Bank Construction; U.S. Seeks to Expand Internet Wiretaps
With the 10-month ban on building in West Bank settlements expired as of Sunday night, Palestinian Authority President Mahmoud Abbas plans to talk to Arab governments next week in Cairo before deciding whether to continue negotiations with Israel.
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| Sept. 24, 2010
Art Collection Could Prove Shrewd Investment for Lehman Brothers
Two years to the month after the titan of Wall Street declared bankruptcy, Lehman Brothers' extensive and diverse art collection is headed to the titans of the auction block: Sotheby's of New York and Christie's of London.
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| Sept. 24, 2010
Britain's Clegg on Afghan War Strategy, Budget Austerity
Britain is in the process of unveiling tough budget cuts to trim the country's deficit. Margaret Warner talks to British Deputy Prime Minister Nick Clegg about the economic crunch and his country's take on the Afghan war.
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| Sept. 24, 2010
Greenspan Says Bush-Era Tax Cuts Should Lapse, Warns on Budget Deficit
Former Federal Reserve chairman Alan Greenspan talks to Jeffrey Brown as part of a series of conversations on the debate over tax cuts.
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| Sept. 24, 2010
Wall Street Closes Out the Week on a Strong Note
The Dow Jones gained more than 197 points and the Nasdaq rose 54 points at close Friday. Stock numbers shot up after news that factory orders and business spending went up in August.
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| Sept. 24, 2010
Pelosi Says Tax Cut Vote Could Happen by Nov. 2
House Speaker Nancy Pelosi said Friday a vote to extend tax cuts could happen before the November elections, despite moves to delay in the Senate.
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| Sept. 24, 2010
Art Collection Could Prove Shrewd Investment for Lehman Brothers
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 24, 2010
Art Collection Could Prove Shrewd Investment for Lehman Brothers
Lehman Brother's extensive and diverse art collection is being auctioned off to help pay back creditors. Art world dealers suspect when the final bids are accepted for the world-renowned collection, the art could be worth $10 million.
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| Sept. 24, 2010
Colombia's Santos Sees a Future With Less FARC
The president got the news on his cell phone of a successful anti-guerrilla raid while jogging through New York's Central Park. But the president was not Barack Obama. It was Colombia's Juan Manuel Santos, hearing of an attack that killed a leader of the FARC.
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| Sept. 24, 2010
Colbert Stays in Character at Congressional Hearing on Farm Jobs
As far as House Judiciary subcommittee hearings on agricultural jobs go, this one had a bit more celebrity shine. Stephen Colbert, the comedian and satirist, knew that, and hoped his presence would vault the hearings up to "CSPAN 1" status.
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| Sept. 24, 2010
How Active Are Tea Partiers in Your Congressional District?
Which congressional districts are likely to feel the biggest tea party impact this fall? Patchwork Nation mapped tea party strength by district looking at meetings from July through September listed on meetup.com.
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| Sept. 23, 2010
Author Examines Generations-Long Black 'Defection from the Jim Crow South'
In her new book "The Warmth of Other Suns," Pulitzer Prize-winning journalist and professor Isabel Wilkerson digs into the "The Great Migration" that took place from 1915 to 1970, when 6 million African-Americans left the South to go north and west in search of a better life. Jeffrey Brown speaks with the author.
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| Sept. 23, 2010
News Wrap: Small Business Bill Ready for Obama Signature
In other news Thursday, the House approved a long-delayed bill designed to help small businesses get lending from community banks. Republicans opposed the loan fund, calling it another bailout.
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| Sept. 23, 2010
Democrats Fire Back at GOP Pledge to Repeal Health Reform
Judy Woodruff gets two perspectives on Republicans' "Pledge to America" plans to repeal health care and cut government spending from House members Anthony Weiner, a New York Democrat, and Tom Price, a Georgia Republican.
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| Sept. 23, 2010
GOP's Pledge to America Spells Out Goals for House Control
Republican leaders unveiled their 2010 campaign platform Thursday, promising that if they win control of the House of Representatives to repeal the 6-month-old health reform law and undo other policies enacted by Democrats. Kwame Holman reports.
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| Sept. 23, 2010
Greenspan Warns U.S. Can't Afford Tax Cuts, Debt Levels Too High
Back in 2001, when then-Federal Reserve Chairman Alan Greenspan gave the Bush-era tax cuts his blessing, it was considered a pivotal moment that helped shape that debate.
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| Sept. 23, 2010
New Gulf Oil Spill Flow Rate Estimate Released
In the early days of the Gulf of Mexico oil disaster, estimates varied wildly on the amount of oil gushing from the blown-out well. But on Thursday in the journal Science, Timothy Crone, a marine geophysicist from Columbia University's Lamont-Doherty Earth Observatory, released another estimate.
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| Sept. 23, 2010
Why Not Look to the Small Stuff as Indicators the Economy Is Turning Around?
Question: In trying to understand how to read the signs that we might be in a more robust recovery I hear a lot about business expansion, hiring, product development and other growth oriented factors that would serve as key indicators. But I'm wondering if we need to walk before we run (presumably we are crawling right now)?
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| Sept. 23, 2010
Obama Pushes U.N. on Mideast Peace; Tensions Rise in China-Japan Dispute
In his speech to the United Nations General Assembly Thursday, President Obama will try to rally the world around the Israeli-Palestinian peace process, calling for an agreement that would create an independent Palestine and a secure Israel in a year's time.
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| Sept. 22, 2010
Former Bush Adviser Hubbard Weighs in on Tax Cut Debate
In the first of several conversations on whether Bush-era should be extended, Gwen Ifill speaks with Columbia University's business school Dean Glenn Hubbard, who helped craft the cuts when he served as an economic adviser to President George W. Bush.
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| Sept. 22, 2010
News Wrap: $40 Billion Pledged for Global Poverty Fight
In other news Wednesday, more than 140 presidents, prime ministers and kings have been meeting at the United Nations to launch a $40 billion global strategy to help end poverty. Also, up to 5 million containers of infant formula will be recalled by Abbott Laboratories due to contamination.
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| Sept. 22, 2010
Bill Clinton on Democrats' Path to Nov. Victory: Honor Voters' Anger
In an interview with the NewsHour's Judy Woodruff, former President Bill Clinton said that President Obama and the Democrats haven't mounted an effective defense against criticism from Republicans, but they do have enough time to convince voters before November that they're taking the right steps to fix the country's economy.
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| Sept. 22, 2010
Owners of Tainted Egg Farm Blasted at Congressional Hearing
At a recent visit to the Wright County Egg farm, FDA inspectors found decaying rodent corpses, chicken carcasses, live mice and thousands of flies.
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| Sept. 22, 2010
Health Reform Law at 6 Months: What Changes Go Into Effect Now?
The health reform law hits its 6-month anniversary Thursday, putting a first round of new consumer-protection provisions into effect.
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| Sept. 22, 2010
Why Can't New Jobs Be Created Immediately?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 22, 2010
The Morning Line: First Lady Coming to the Rescue
A handful of Democratic candidates will get a visit this fall from the Obama they've been asking for: first lady Michelle Obama.
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| Sept. 21, 2010
Obama Economic Team Turning Over as Larry Summers Departs
It's official now: With the midterms fast approaching, President Obama's economic team is turning over. The latest departure: Larry Summers, the president's chief adviser on economic matters and director of the National Economic Council.
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| Sept. 21, 2010
News Wrap: 10 NATO Troops Killed; Summers to Step Down
In other news Tuesday, another 10 NATO troops were killed in Afghanistan. Also, Larry Summers announced plans to step down as chair of the National Economic Council.
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| Sept. 21, 2010
Tuesday: 9 NATO Troops Killed in Afghanistan; Fed Meets Economy
A NATO helicopter crashed Tuesday in southern Afghanistan, killing nine NATO troops. There were conflicting reports about whether the soldiers were American and if the Taliban was responsible. Other stories we're watching: the Federal Reserve meeting and its take on the economic recovery and power shifts in North Korea.
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| Sept. 20, 2010
News Wrap: Recession Officially Over, But U.S. Economy Still Struggling
According to the National Bureau of Economic Research, the U.S. recession ended in June 2009 and was the longest downturn since World War II. But President Obama and others made sure to acknowledge Americans' ongoing economic struggles.
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| Sept. 20, 2010
Paul Solman on Emotions of Job Loss, Foreclosure and the Meaning Of 'The Hat'
Hari Sreenivasan recently talked with Paul Solman about the emotional responses people have had when interviewed about losing their homes, their jobs or both in the economic downturn. Also, 'The Hat' makes a special appearance.
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| Sept. 20, 2010
Recession Was Longest in Modern Record, Report Reveals
With an unemployment rate stuck well above 9 percent, it may not feel like an accurate diagnosis to many Americans, but economists say the longest recession since World War II finally ended in June 2009.
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| Sept. 20, 2010
President Obama Issues Challenge to Tea Party Activists
President Obama attempted to both empathize with the tea party movement and challenge its supporters in his most extensive comments to date about some of his most energized opposition.
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| Sept. 20, 2010
How Will Foreclosures, Other Housing Problems Play Out in Midterms?
After 2 1/2 years of economic trouble, it is hard to cite one singular reason voters are disgruntled going into fall. But one of the biggest culprits in the troubles is undoubtedly the housing market.
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| Sept. 20, 2010
Oil Well Killed, But Legal and Environmental Battles Just Beginning
After a weekend of final sealing and testing, the federal government on Sunday declared the Macondo oil well officially dead. The "well-kill" is an end to one chapter of the Deepwater Horizon story, but other chapters are just beginning. Here's a roundup of stories to watch:
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| Sept. 17, 2010
Shields and Brooks on Role of Values Voters, New Watchdog Agency
Syndicated columnist Mark Shields and New York Times columnist David Brooks analyze the week's top news including what role "values voters" are playing in this year's midterm elections and what effect Elizabeth Warren's new consumer protection agency will have on banks and consumers.
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| Sept. 17, 2010
News Wrap: United, Continental Closer to Creating World's Biggest Airline
In other news Friday, Wall Street ended the week in positive territory, and shareholders of United and Continental airlines voted to merge as part of a $3 billion stock swap deal that could be finalized within two weeks.
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| Sept. 17, 2010
Warren Spells Out Mission for New Consumer Watchdog Agency
President Obama named Harvard law professor Elizabeth Warren to head a new consumer financial protection agency, but the nomination does not require Senate confirmation -- a move that irked some. Judy Woodruff speaks with banking consultant Bert Ely and UCLA law professor Lynn Stout on what is expected for banks and consumers.
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| Sept. 17, 2010
Sizing Up Wall Street Critic Elizabeth Warren as Your Consumer Advocate
Elizabeth Warren was put into de facto control Friday of the Consumer Financial Protection Bureau she helped conceive. Opposition from America's banks was the widely reported reason she wasn't formally nominated to run it.
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| Sept. 17, 2010
Friday: Afghans Prepare to Vote Amid Violence; Gulf Well Close to Being Sealed
Afghan President Hamid Karzai is urging citizens to vote in Saturday's parliamentary elections despite fears of violence and threats from the Taliban and BP announced that the oil well that leaked millions of gallons into the Gulf this summer will be sealed for good this weekend.
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| Sept. 16, 2010
In Cuba, Hints of Dramatic Change Emerge from Fidel Castro
Margaret Warner speaks with Jeffrey Goldberg of The Atlantic magazine and Latin America analyst Julia Sweig, who met with Cuba's former leader Fidel Castro in Havana and discussed the shortcomings of the island nation's economic system.
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| Sept. 16, 2010
Fidel Castro Reveals Doubts in Cuba's Troubled Economic System
A healthier Fidel Casto recently granted an audience with an American journalist and Latin America scholar, revealing his concerns with Cuba's economic system.
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| Sept. 16, 2010
News Wrap: Pope Begins U.K. Visit Amid Uproar Over Abuse Scandal
In other news Thursday, the Pope began a visit to Britain with his strongest admission about how the Catholic Church failed to deal decisively with sexual abuse by priests.
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| Sept. 16, 2010
Record Poverty Level: 'Long Slog Ahead' for Poor Americans?
The Census Bureau released a report showing that one in seven Americans lived in poverty last year, and more than 50 million are not insured. Ray Suarez discusses the record poverty numbers and the recession's effects on the poor with economists Isabel Sawhill and Harry Holzer.
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| Sept. 16, 2010
Mexico Dispatch: Even in Wine Lover's Paradise, Drug War Takes Its Toll
Not even a place that could be considered Eden has been able to escape the war on drugs. Tucked on a green, hilly area 60 miles south of the U.S.-Mexico border, Guadalupe Valley remains one of the best kept secrets by wine lovers, but the drug war is hurting vineyards' business.
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| Sept. 16, 2010
1 in 7 Americans Lived in Poverty in 2009, New Census Data Show
Driven by the recession, the percentage of Americans who live in poverty and the percentage of those who live without health insurance both rose in 2009, according to data released Thursday by the Census Bureau.
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| Sept. 16, 2010
Thursday: Warren to Lead Consumer Protection Bureau; Pope Visits Britain
President Obama is expected to name Elizabeth Warren as a special adviser to oversee the creation of the Consumer Financial Protection Bureau set up under the financial reform law, avoiding a potentially contentious Senate confirmation hearing.
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| Sept. 16, 2010
Flamboyant Executive Convicted of Fraud
David H. Brooks, who exceeds qualifications as the polar opposite of our own Friday pundit of the same name, minus the middle initial. Best known for the estimated $10 million bat mitzvah he threw for his daughter in 2005, David H. was convicted Monday of various white collar crimes.
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| Sept. 15, 2010
Baja's Tourism Suffers Amid Mexico Drug War
A drop in tourism and manufacturing has left the Mexican state Baja, California, with a struggling economy. Jose Luis Sierra of New America Media reports on how the drug war and recession have played a role.
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| Sept. 15, 2010
Anti-Establishment Sentiment, Economy Ring Loudly in Latest Primary Battles
Political strategists take a closer look at what new primary results could mean for the Republican and Democratic parties as Election Day approaches.
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| Sept. 15, 2010
Greenspan Speaks Out Against Bush Era Tax Cuts
A voice from the past weighed in on the ongoing debate of the Bush Era Tax Cuts. Alan Greenspan, the former chairman of the Federal Reserve, said the country cannot afford to keep the tax cuts at a time of such high deficit.
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| Sept. 15, 2010
France to Raise Retirement Age: An 'Au Revoir' to the Good Life?
On Wednesday, the French National Assembly gave its final approval to a law raising from 60 to 62 the minimum age for retirement and from 65 to 67 the age at which a full state pension kicks in while protests ensued outside.
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| Sept. 15, 2010
Wednesday: U.S., Iraqi Forces Kill 7; Middle East Peace Talks Continue
U.S. and Iraqi forces launched a joint raid in Fallujah early Wednesday, reportedly killing seven people including four brothers between the ages of 12 and 23.
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| Sept. 14, 2010
In Middle East, Peace Sought on Smaller Scale Through Business Ties
A New York-based entrepreneur has found a way to work with Palestinians and Israelis for both peace and profit. Special correspondent Fred De Sam Lazaro reports.
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| Sept. 14, 2010
News Wrap: Tea Party Influence Tested in Latest Primaries
In other news Tuesday, seven states and Washington, D.C., held primaries. High-profile races included Delaware congressman Mike Castle battling Christine O'Donnell for a Senate seat, and Washington Mayor Adrian Fenty facing a difficult re-election bid.
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| Sept. 14, 2010
President Obama Pushes Accountability in Back-to-School Remarks
With most U.S. schools now back in session, President Barack Obama relayed a message to American students Tuesday that nothing is beyond their reach as long as they're willing to dream big, work hard and stay focused on their education.
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| Sept. 14, 2010
Update | Mott's Strike Settled: Workers Returning to Apple Sauce Factory
There was considerable viewer interest in last week's case study on a Mott's apple sauce factory where management had imposed a wage cut, despite the profitability of the plant and parent company. The union retaliated by striking, but the strike was just settled.
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| Sept. 14, 2010
Can We Both Feed the World in a Sustainable Way and Feed it Quality Food?
Paul Solman answers your questions on business and economic news on "The Business Desk." In this post, Paul considers the sustainability of food production for an ever-increasing world population, and whether that food will be natural or synthetic.
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| Sept. 13, 2010
Government Allowing Lehman Collapse Still Mysterious 2 Years Later
The 2008 downfall of financial giant Lehman Brothers prompted global efforts to avoid another international financial crisis. Two financial reporters, John Cassidy and Andrew Ross Sorkin, talk about what we've learned in the two years since Lehman's collapse and what's been done to avoid a similar instance.
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| Sept. 13, 2010
New Global Banking Rules in the Works, 2 Years After Lehman's Downfall
Two years after Lehman Brothers collapsed, central bankers from 27 countries agreed to new rules that include substantially raising the amount of capital that banks must hold in reserve in hopes of preventing another global financial crisis.
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| Sept. 13, 2010
News Wrap: Wall Street Rally Rolls on as New Banking Rules Take Effect
In other news, the Dow Jones industrial average and the NASDAQ both closed higher Monday. In Venezuela, a plane carrying 51 people crashed and killed at least 14.
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| Sept. 13, 2010
Chances for Tax Cut Compromise Appear to Dwindle
For a few hours Sunday, it appeared there might be compromise on whether to extend the Bush-era tax cuts for everyone except Americans making over $250,000. But House Minority Leader John Boehner later insisted that cuts should remain across the board. Gwen Ifill talks to Naftali Bendavid of the Wall Street Journal for more.
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| Sept. 13, 2010
The Big Tax Debate ... That's Going Nowhere?
The NewsHour's Gwen Ifill and Political Editor David Chalian take a look at the stories making headlines in Washington and beyond on this week's Political Checklist, including the recent back-and-forth between House Minority Leader John Boehner and the White House over tax cuts.
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| Sept. 13, 2010
Patchwork Nation: Cultural Issues Still Resonate in Evangelical Epicenters
In Patchwork Nation's socially conservative Evangelical Epicenters communities offer a unique window into the controversies of the last few weeks -- the fight over the proposed Islamic center and mosque in New York City and the proposed Quran-burning day.
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| Sept. 13, 2010
Problems With San Jose Mine Emerge in Wake of Chilean Miners' Ordeal
For about a month now, most of the international stories about the Chilean mine disaster have been about what many people see as a miracle: that all 33 miners survived the cave-in. Now, less-uplifting stories are emerging.
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| Sept. 13, 2010
What Would Increased Interest Rates Do to the Economy?
Paul Solman answers your questions on business and economic news: What would increased interest rates do to the economy?
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| Sept. 10, 2010
Shields and Brooks Examine 'Islamaphobia,' Obama's Midterm Tax Cut Debate
Syndicated columnist Mark Shields and New York Times columnist David Brooks analyze this week's top political stories, including recent anti-Muslim rhetoric in the U.S. and the debate over extending Bush-era tax cuts.
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| Sept. 10, 2010
Obama Says Economic Recovery 'Not There Yet'
In his first formal news conference since May, President Obama fielded questions on the economy, midterm elections and recent religious tensions. Kwame Holman reports.
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| Sept. 10, 2010
The World Trade Center Site Over 55 Years
Sept. 11, 2010, marks nine years since terror attacks struck the Pentagon, Shanksville, Pa., and the twin towers of the World Trade Center in New York. This collection of aerial and satellite photos, taken from 1954 to 2009, reveal both stark and subtle changes around the World Trade Center site.
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| Sept. 10, 2010
9 Years of 'Unbuilding' the World Trade Center in New York
To mark the ninth anniversary the Sept. 11 attacks, we have gathered 25 aerial images of lower Manhattan, spanning more than half a century.
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| Sept. 10, 2010
Obama: Economy Growing Again, but Progress 'Painfully Slow'
President Obama said Friday at a nationally televised news conference that economic progress has been "painfully slow," but investments in business, education and technology will help make America more competitive in the global economy.
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| Sept. 10, 2010
How Safe is the Municipal Bond Market?
Paul Solman answers your questions on business and economic news: How safe is the municipal bond market?
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| Sept. 10, 2010
Friday: New Head of Economic Council; Pastor Rethinks Quran-Burning Plans
President Obama is expected to choose one of his longtime economic advisers, Austan Goolsbee, to be the chairman of his Council of Economic Advisers. The president will announce the appointment at the beginning of his news conference on Friday.
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| Sept. 10, 2010
The Morning Line: Obama Meets the Press
President Obama is scheduled to speak to reporters Friday in a nationally televised news conference from the White House.
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| Sept. 9, 2010
Who Would Benefit From Extending Bush-Era Tax Cuts?
Whether the tax cuts enacted under the latest Bush presidency should be extended past the Dec. 31 expiration date is slated to be a key policy issue debated as elections approach. Jeffrey Brown gets two views about extending the cuts and whether it would mostly benefit the wealthiest Americans.
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| Sept. 9, 2010
News Wrap: Suicide Bomb Kills 17 at Russian Market
In other news Thursday, a bomb packed with metal bars and bolts tore through an entrance to a busy market in Russia killing at least 17. In Iran, American hiker Sarah Shourd is scheduled to be set free on Saturday after being arrested along the Iraqi border 13 months ago.
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| Sept. 9, 2010
Study: Health Care Spending Will Continue Rising, but Modestly
In a new report that's sure to provide fresh ammunition to both sides of the health reform debate, a government estimate released today finds that the new health reform law will not curb the rising costs of care once it takes effect but will not substantially raise them either.
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| Sept. 9, 2010
Slide Show: Capturing the Gulf's Healing Process
AP photographer Gerald Herbert has been documenting the Gulf oil disaster -- from the land, sea and air -- since the Deepwater Horizon rig exploded. Since we last spoke with him, Herbert has followed not only the spill's effect on wildlife -- but also the lingering human and economic tolls.
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| Sept. 8, 2010
Megacities Reflect Growing Urbanization, But Poverty Still Rampant
The World Bank says Dhaka, the capital of Bangladesh, is the fastest growing city in the world with a population of 15 million. But as more of the world's impoverished flee to megacities for economic opportunities, the perils of urbanization are being exposed.
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| Sept. 8, 2010
BP Admits Errors in Gulf Oil Disaster But Spreads Blame
BP issued a new internal report blaming the largest offshore oil spill in history on a series of human and mechanical failures. Judy Woodruff talks to Steven Mufson of the Washington Post about the report.
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| Sept. 8, 2010
Will Open Health Data Save Your Life?
After one of health administrator Jim Traficant's two liver transplants, a doctor told him, "The surgery is a science. The medication is an art."
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| Sept. 8, 2010
GOP Congressman: Restrained Spending Buoys U.S. Economy
Gwen Ifill gets a Republican view on President Obama's latest economic proposals from Illinois congressman Peter Roskam.
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| Sept. 8, 2010
Geithner: Bush Economic Policies Made Recession Worse
In an interview with Jim Lehrer, Treasury Secretary Timothy Geithner said that President Obama deserves credit for stopping an economic "free fall," exacerbated by the fiscal policies of the Bush administration.
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| Sept. 8, 2010
News Wrap: Fla. Pastor Sticking to Quran-Burning Plans
In other news Wednesday, Pastor Terry Jones says he will continue with plans to burn Qurans on the anniversary on 9/11 despite opposition from around the world. In Afghanistan, hundreds flocked to the Kabul Bank to withdraw savings after two directors were forced to step down after allegations of corruption surfaced.
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| Sept. 8, 2010
Obama Pitches $300B in Business Tax Incentives to Boost Economy
President Obama on Wednesday proposed a $300 billion tax cut plan aimed at businesses to help the U.S. economy recover and create new jobs. Kwame Holman reports on the details of the tax incentives and the president's proposed path to new jobs.
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| Sept. 8, 2010
Geithner: Past Policy Choices, Politics Making It Harder to Fix U.S. Economy
In a newsmaker interview with Jim Lehrer, Treasury Secretary Timothy Geithner said Wednesday that economic policy decisions made before this administration took office -- and the current political climate -- are teaming up to make it harder to fix the U.S. economy. Tune in to Wednesday's NewsHour for the full interview.
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| Sept. 8, 2010
Obama Proposes Tax Incentives, Says GOP Is Delaying Economic Progress
President Obama challenged Congressional Republicans during a speech on the economy at Cuyahoga Community College in Cleveland Wednesday, saying the opposition party is obstructing good economic policy for political gain, while supporting policies that contributed to the recent recession.
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| Sept. 8, 2010
8 Key Failures Led to Gulf Oil Spill, BP Report Says
In its long-awaited internal report on this summer's Deepwater Horizon oil spill, BP blamed contractors Halliburton and Transocean for many of the problems leading up to the country's worst-ever oil spill -- igniting anger from the companies blamed.
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| Sept. 8, 2010
Do Poll Numbers Portend a 'Wave' Year for Republicans?
GOP pollster Glen Bolger told The Hill newspaper Tuesday, "It's a wave year The question is, 'How high is the wave?'" For some context, here are the polling numbers that Political Editor David Chalian discussed with Jim Lehrer on Tuesday evening's NewsHour.
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| Sept. 8, 2010
Rise of a MegaCity: Bangladesh's Dhaka Sees Population Boom
Nearly 500,000 migrants flow into Dhaka, Bangladesh, each year, leaving the countryside to try to make a living in the big city. It's part of a new landscape of "megacities," which GlobalPost is exploring in a new series.
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| Sept. 8, 2010
Wednesday: BP Releases Report on Gulf Spill; Obama to Propose Economic Plans
In a 193-page report posted on its website Wednesday, British oil company BP partly blamed itself for the Deepwater Horizon rig explosion and the disastrous Gulf of Mexico spill, as well as companies Transocean and Halliburton and a complex "sequence of failures.
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| Sept. 8, 2010
President Obama Takes On Boehner
White House press secretary Robert Gibbs confirmed this week that the administration chose Cleveland as the location Wednesday for the president's economic remarks in direct response to House minority leader John Boehner's appearance in that city a couple of weeks ago.
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| Sept. 7, 2010
What Will be the Warning Signs that Countries Will Begin to Call in U.S. Debt?
Paul Solman answers your questions on business and economic news on "The Business Desk": What Will be the Warning Signs that Countries Will Begin to Call in U.S. Debt?
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| Sept. 7, 2010
Obama to Unveil Business Tax Cut Plan
In President Obama's latest attempt to boost the economy, he plans to propose allowing businesses to write off new capital investments through 2011. However, new polls paint a grim picture for him and congressional Democrats. Political editor David Chalian examines the poll numbers and how the tax cuts could impact the midterms.
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| Sept. 7, 2010
Political Checklist: Polls Hold More Bad Midterm News for Democrats
In this week's edition of the Political Checklist, Judy Woodruff and Gwen Ifill spoke with political editor David Chalian about new polls that bring more bad news for Democrats ahead of the midterm elections, as well as President Obama's big economic initiatives rolling out this week and his rare news conference this Friday.
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| Sept. 6, 2010
In Midterm Elections, Economy Is Still Job One
Judy Woodruff speaks with local public broadcast correspondents from California, Nevada, Ohio and Pennsylvania about voter mood and the midterm elections.
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| Sept. 6, 2010
Mott's Strike Illustrates Labor Union Dilemma
Amid an ailing economy, labor unions find themselves struggling to compromise with employers on wages and benefits. Paul Solman reports.
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| Sept. 6, 2010
Obama Touts Infrastructure Plan for Economy
President Obama spent Labor Day in the Midwest and introduced a new $50 billion infrastructure proposal that he says will create new jobs. Jeffrey Brown has more.
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| Sept. 6, 2010
Obama Details Infrastructure Plan, Slams GOP as 'Party of No'
President Obama announced his latest effort to kick-start the economy and create jobs on Monday: a $50 billion infrastructure proposal that would improve the nation's roads, railways and airport runways.
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| Sept. 6, 2010
Will Government Spending Lead to Inflation?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 6, 2010
10 Labor Day-Inspired Readings
Happy Labor Day! Here's a roundup of some labor-inspired reading on what -- we hope -- is your day off from work.
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| Sept. 6, 2010
Africa Hopes to Close Broadband Gap
According to recent studies by the International Telecommunications Union, only 10.9 percent of Africa's population uses the Internet. By contrast, the Internet is used by 77.4 percent of North Americans.
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| Sept. 6, 2010
Trumka: 'Stay Tuned' for Fall Congressional Action on Card Check
In the lead up to Labor Day, labor unions, a critical component of the Democratic Party's base, began to reveal their political plans for the fall campaign season.
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| Sept. 3, 2010
Pride Prevalent, but Wounded, at Louisiana Shrimp and Oil Festival
Even after the BP oil spill all but canceled this year's shrimp harvest in the Gulf of Mexico, the 75th Annual Shrimp and Petroleum Festival in Morgan City, Louisiana, is proceeding full-steam ahead.Pride Prevalent, But Wounded at Louisiana Shrimp and Oil Festival
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| Sept. 3, 2010
Shields and Brooks on Prospects for Jobs, Mideast Peace, Bipartisanship
Syndicated columnist Mark Shields and New York Times columnist David Brooks speak with Jim Lehrer about the week's biggest news stories including the latest unemployment report, Alaska Sen. Lisa Murkowski's primary loss, how the political climate will affect the next Senate and the start of new Middle East Peace talks.
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| Sept. 3, 2010
Stress, Burnout Taking Toll on Many Still in U.S. Workforce
As part of his ongoing series of reports on Making Sense of financial news, Paul Solman's reports how economic woes aren't just hard on the unemployed. As the recession drags on, many of those who are employed say they're overworked and underpaid.
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| Sept. 3, 2010
Romer: Stimulus Was Effective; Economy Could Have Used More Help
The outgoing head of the president's Council of Economic Advisers, Christina Romer, speaks with Judy Woodruff on her last day at the White House about the administration's efforts to revive the economy, why she said the stimulus was a good idea and why the government could have done more earlier in the economic crisis.
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| Sept. 3, 2010
News Wrap: U.S. Markets React Positively to Jobs Numbers
In other news Friday, U.S. markets rose ahead of the holiday weekend on news of the latest unemployment reading.
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| Sept. 3, 2010
Jobs Report for August Gives Mixed Reading for U.S. Economy
The August jobs report released Friday showed that the private sector added 67,000 jobs but jobless numbers still remain grim with the U.S. unemployment rate rising slightly to 9.6 percent. All the while, President Obama urges the public to be patient and insists his policies are working -- just slower than hoped.
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| Sept. 3, 2010
Karzai Urges Calm Over Kabul Bank Woes
Nervous Afghanis are rushing to withdraw money from Afghanistan's largest bank following the resignation of two top executives and allegations of mismanagement and corruption.
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| Sept. 3, 2010
For Maryland Public Defender, Economic Crisis Means More Work
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 3, 2010
Louisiana Shrimp, Petroleum Festival Draws Attention Amid Oil Woes
Some people might find it odd that Morgan City, La. has a Shrimp and Petroleum Festival. Somehow the two don't seem to go together. But some local citizens get a bit testy if you ask them about that juxtaposition. Tom Bearden reports.
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| Sept. 3, 2010
Track Hurricane Earl's Atlantic Journey
Hurricane Earl continued to churn along the East Coast Friday, heading north from North Carolina and expected to reach southeastern Massachusetts by Friday night. Here are some resources to track the storm.
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| Sept. 3, 2010
How is a "Jobless Recovery" Possible?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Sept. 3, 2010
August Job Numbers Better, but Economy Still in a Funk
The unemployment report for August released Friday shows that the job market remains in a deep funk -- but also contains some better economic news than expected, suggesting that a double-dip recession may not be inevitable.
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| Sept. 3, 2010
Van Hollen: Tax Cuts for Rich 'Can Be Part of the Mix in the Very Short Term'
The man charged with saving the Democratic majority in the House seems to be providing an opening on a short-term extension for the Bush tax cuts targeted at the wealthiest two percent of Americans.
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| Sept. 2, 2010
BP Removes Cap From Well, Moves Toward Final Well Kill
BP engineers on Thursday removed the cap that first stopped the blown-out Macondo oil well from spewing oil and gas back in mid-July.
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| Sept. 2, 2010
News Wrap: Another Gulf Oil Rig Fire Extinguished; Workers Rescued
Thirteen workers survived a Gulf of Mexico oil rig explosion 100 miles south of Vermilion Bay in Louisiana. In Pakistan, thousands of Shiite Muslims mourned the loss of 35 people who were killed in a triple-bombing in Lahore.
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| Sept. 2, 2010
Which Countries are Doing a Good Job Managing Their Economies?
Paul Solman answers your questions on business and economic news on "The Business Desk": Which Countries are Doing a Good Job Managing Their Economies?
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| Sept. 2, 2010
In Hampton Roads, a Military Bastion Meets 'Austerity'
What the military giveth, the military can taketh away. It's not a happy lesson, but it is one that many Military Bastions, counties around armed services installations, have learned in the recent years through rounds of base closings.
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| Sept. 2, 2010
Another Gulf Oil Rig Explodes; 13 Workers Rescued
Thirteen workers were plucked from the water after another offshore oil rig exploded Thursday in the Gulf of Mexico. One person was reported to be injured, but there were no deaths.
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| Sept. 1, 2010
News Wrap: Bombings in Pakistan Kill at Least 25
In other news Wednesday, bombs killed at least 25 people and injured scores more in a religious procession in Lahore, Pakistan.
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| Sept. 1, 2010
A Useful Refinancing Calculator
With all the hullabaloo about low interest rates and refinancing of mortgages, Paul Solman went about looking for reliable refinancing calculators on the Web and found one with an excellent pedigree.
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| Sept. 1, 2010
Flow of Illegal Immigrants to the U.S. on the Decline, Study Finds
A study released Wednesday by the Pew Hispanic Center found that the yearly flow of illegal immigrants into the United States dropped nearly two-thirds from 2007 to 2009 from the first five years of last decade.
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| AUGUST
Aug. 31, 2010
News Wrap: Petraeus Acknowledges Slow Progress in Afghanistan
In other news Tuesday, five more U.S. soldiers were killed in Afghanistan bringing the U.S. death toll to 55 for the month. Meanwhile, the top commander there acknowledged the slow pace of progress in that war.
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| Aug. 31, 2010
Is All Debt Unsustainable?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 31, 2010
In Europe, Austere Summer Holiday a Sign of the Times
Europeans who could afford it this year are wrapping up their traditional month-long August holidays. But many of Europe's political leaders either scaled back or canceled their vacations, and few ventured far from their capitals.
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| Aug. 31, 2010
Negotiation Expert Robert Mnookin Answers Your Questions
Last week, Paul Solman spoke with Harvard Law School professor Robert Mnookin, an expert on negotiation, about his new book "Bargaining with the Devil: When to Negotiate, When to Fight." Mnookin offered to take some viewer questions. Here are his replies.
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| Aug. 30, 2010
News Wrap: Obama Calls for Small Business Assistance
In other news Monday, President Obama called for new action to help the sluggish economy and urged new assistance for small businesses. In Pakistan, thousands of refugees began to head home as flood waters receded in some areas.
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| Aug. 30, 2010
In Louisiana, Wetlands Erosion is a Slow-Moving Crisis
What hardly anybody talks about in New Orleans is what could one day undo all the progress of rebuilding after Hurricane Katrina. The Louisiana coastline -- with its valuable wetlands -- is in trouble.
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| Aug. 30, 2010
Impact of Beck's 'Restoring Honor' Rally Remains Unclear for Tea Party
Glenn Beck had a good Saturday. Depending on whose crowd estimate you want to believe -- always a tricky game -- somewhere between 87,000 and 500,000 people came to the National Mall for the TV and radio personality's "Restoring Honor" rally.
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| Aug. 30, 2010
Political Checklist: Obama's Primetime Iraq Speech, Jobs Problems
In this week's edition of the Political Checklist, Judy Woodruff discusses the week ahead in politics, including President Obama's primetime speech on Iraq and the Middle East peace talks set for later in the week.
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| Aug. 30, 2010
Negotiation Expert Robert Mnookin Answers Your Questions
Last week, Paul Solman talked to Harvard Law School professor Robert Mnookin, an expert on negotiation, about his new book Bargaining with the Devil: When to Negotiate, When to Fight. Afterward, Mnookin offered to take viewer questions. Here are his replies to some of your queries.
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| Aug. 29, 2010
Beck, Palin Rally the Faithful as Other Rallies Focus on MLK Jr. Legacy
They came to Glenn Beck's "Restoring Honor" rally looking for hope, for change, for like-minded people. They came because they didn't want to be alone. They came because of a belief that "they" (the government, politicians, someone) is taking away their freedom. View videos and a slides how from weekend rallies in Washington.
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| Aug. 27, 2010
Shields and Brooks on White House's Economic Predictions, Beck Rally
Columnists Mark Shields and David Brooks analyze the week's top news including economic slowdown concerns, the Federal Reserve's role in propping up the U.S. economy, how John McCain staved off primary opposition and what to expect from weekend rallies in Washington hosted by Glenn Beck of Fox News and the Rev. Al Sharpton.
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| Aug. 27, 2010
Katrina Five Years Later: New Orleans Is a State of Mind
Spencer Michels writes how it's hard for him to separate his experiences in the aftermath of Katrina from a flood of other impressions since 2005.
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| Aug. 27, 2010
Has Fed Done All It Can to Prop Up U.S. Economy?
Federal Reserve Chairman Ben Bernanke said Friday that the central bank is prepared to take new action to help the sagging economy if needed. Jeffrey Brown talks to economists Paul Krugman and Douglas Holtz-Eakin about whether the Fed is doing enough to lift the economy.
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| Aug. 27, 2010
A Glimpse of Life Underground for Trapped Chilean Miners
The drama of 33 trapped Chilean miners continues with the release of the first significant video footage taken thousands of feet below the ground.
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| Aug. 27, 2010
The Fed Speech: Paul Solman Channels Ben Bernanke
Paul Solman analyzes the Fed chairman's Friday speech, and imagines his inner dialogue.
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| Aug. 27, 2010
Gwen's Take: Why We Love It When the President Goes Away
The president of the United States is on vacation. I am not. It rained for his first three days in Martha's Vineyard. The sun was shining here in Washington. Forgive my enjoyment. But it's nice to take a break from news of floods, imminent hurricanes, mosque debates and more to meditate on something lighter -- time off.
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| Aug. 27, 2010
Bernanke Says Fed Is Ready to Help; Carter Wins American's Release
There is more evidence out Friday morning that the U.S. economy has slowed to nearly a crawl of late. Federal Reserve Chairman Ben Bernanke spoke of the economic slowdown, saying he believes the economy will continue to grow in 2011 but recognizes that the pace is weakening for now.
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| Aug. 27, 2010
The Morning Line: Dems' Campaign Chief Says GOP Has 'Destructive Agenda'
Democratic Campaign Committee Chairman Rep. Chris Van Hollen, D-Md., paints the possibility of a Republican controlled House led by Speaker John Boehner, R-Ohio, as a scary alternative for voters, while Rep. Boehner decries President Obama's "job killing" agenda.
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| Aug. 26, 2010
Author: Successful Negotiation Hinges on Tone, Language, Word Choice
Robert Mnookin, author of "Bargaining with the Devil," speaks with economics correspondent Paul Solman about the rewards and challenges of negotiations.
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| Aug. 26, 2010
Ask Negotiation Expert Robert Mnookin Your Questions
Robert Mnookin, an expert on negotiation and author of the book "Bargaining with the Devil: When to Negotiate, When to Fight.," will take viewer questions on negotiation strategy.
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| Aug. 26, 2010
Is Economic Hardship Bottoming Out?
The story of the U.S. economy over the past eight months has been a touch of good news, followed by set of down-beat headlines, followed by a head-scratching indicator. Patchwork Nation's Economic Hardship Index for August offers another example of the difficulty of identifying good news in a confusing economy.
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| Aug. 25, 2010
U.S. Pledges More Aid to Pakistan for Flood Crisis
In the day's other news, the head of the U.S. Agency for International Development, Rajiv Shah, visited Pakistan and made a pledge for additional U.S. aid.
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| Aug. 25, 2010
'Rational Optimist' Matt Ridley Answers Your Questions on Economy, Science
Last week, Paul Solman talked to "rational optimist" Matt Ridley about why he believes that life on earth for humans is getting better and better.
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| Aug. 25, 2010
A Few More Thoughts on 'Rational Optimism'
Paul Solman offers a few more thoughts on Matt Ridley's "rational optimism."
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| Aug. 25, 2010
'Rational Optimist' Matt Ridley Answers Your Questions
"Rational Optimist" Matt Ridley answered viewer questions about his view that life on earth is getting better and better for humans.
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| Aug. 24, 2010
Dismal Home Sales Report Renews Economic Recovery Concerns
The National Association of Realtors reported Tuesday that July's home sales fell a worse-than-expected 27.2 percent -- the largest recorded monthly drop dating back to 1968. Jim Lehrer speaks with Susan Wachter of the University of Pennsylvania about the dismal numbers, which sent Wall Street tumbling.
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| Aug. 24, 2010
Why Does the U.S. Government Borrow Money Instead of Just Printing More?
Paul Solman answers your questions on business and economic news on "The Business Desk." He explains why the U.S. government can't just print more money rather than borrowing it.
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| Aug. 24, 2010
Portraits of Iraqis and Their Dreams
Iraqis' feelings about their country's future are best reflected in what they say about their own personal dreams. The younger ones appear less scarred -- their parents' and grandparents' generations seem far more so. Margaret Warner introduces some of the people she's met in her travels.
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| Aug. 23, 2010
News Wrap: Roadside Bombs Kill 5 NATO Soldiers in Afghanistan
In other news Monday, attacks across Afghanistan killed five NATO soldiers, two of whom were Americans. In attacks on Sunday, four U.S. soldiers were killed.
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| Aug. 23, 2010
Does Anyone Offer Bonds Redeemable in Gold?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 23, 2010
For Military Bastions, Iraq Troop Withdraw is Not the End
Amid headlines of soldiers returning from Iraq, it's tempting to think of military communities filled with happily reunited families preparing to pick up where they left off. But in places such as Hopkinsville, Ky., deployments continue, as do the pressures on the local people and economies.
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| Aug. 20, 2010
Does Average Greek Citizen Understand Causes of Country's Financial Crisis?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 20, 2010
Obama in 2010: Just What Is His Base?
Press Secretary Robert Gibbs' attack of what he called the "professional left" is just one recent White House move that has many in Washington stumped. The midterm elections are usually seen as a poor time to rile the party base.
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| Aug. 19, 2010
Author Says Modern Life is Good Despite Recession
Author Matt Ridley says life is getting better and better despite the recession. Paul Solman reports on Ridley's optimism as part of his ongoing reporting on Making Sense of financial news.
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| Aug. 19, 2010
Oil Plume Study Raises New Questions on Spill
Researchers from the Woods Hole Oceanographic Institution released the first conclusive evidence of an underwater oil plume in the Gulf of Mexico. Jeffrey Brown talks to one of the study's authors, Chris Reddy, and David Farenthold of The Washington Post.
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| Aug. 19, 2010
News Wrap: Weekly Jobless Claims Highest Since November
In other news Thursday, the Labor Department announced jobless claims rose to 500,000 last week. On Wall Street, there were disappointing numbers as well.
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| Aug. 19, 2010
A 'Rational Optimist' on the Evolution of Prosperity
Paul Solman talks to "rational optimist" Matt Ridley about why he believes that prosperity has evolved since the stone age because of the exchange of goods and services.
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| Aug. 19, 2010
Gulf Relief Well Completion Delayed to Mid-September
The government and BP have pushed back to mid-September the completion of a relief well that will permanently kill the blown-out oil well in the Gulf of Mexico, Coast Guard Adm. Thad Allen said Thursday.
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| Aug. 19, 2010
Which Eggs Are Suspected of Salmonella?
Have you checked your eggs lately? The FDA is warning of a salmonella outbreak in some egg shells.
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| Aug. 19, 2010
Thursday: Combat Troops Leaving Iraq; Jobless Claims Reach 500,000
Seven years and five months after the start of the war in Iraq, the last American combat troops have been making their way out of the country.
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| Aug. 18, 2010
News Wrap: Mudslides Strike China, India
In other news Wednesday, heavy rain created a mudslide down into a Chinese mountain village where 67 people were reported missing and 25 hurt. In Northern India, another mudslide killed at least 18 children when it hit a school building.
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| Aug. 18, 2010
Power Station Visit Sums Up Iraq's Troubled State of Electricity Affairs
BAGHDAD | "Let me tell you a joke," the man in the blue jumpsuit and white hard hat said to me Wednesday. "A family joke." I was standing in one of the control rooms of the four-stack Doura power station in southeast Baghdad with the plant's manager Ghazi Abdulaziz Essa.
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| Aug. 18, 2010
Will Layoffs Cause a Double-dip Recession?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 18, 2010
A Second Look at Strategic Mortgage Defaulters
In anticipation of Tuesday's rerun of our report on strategic mortgage defaults, producer Lee Koromvokis checked back in with the characters we interviewed back in April for the story.
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| Aug. 18, 2010
Doura Power Station
Doura's electric plant in southeast Baghdad was spared the firebombing at the start of the Iraq war in 2003. It supplies much of the city's power, but many residents say that power is in short supply. During the summertime's peak use, they might get only two to four hours of electricity per day. Photos by Larisa Epatko
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| Aug. 18, 2010
Wednesday: Aid to Pakistan Falls Short; BP to Begin Transferring Claims
The picture of devestation from the floods in Pakistan continues to worsen Wednesday. And on the Gulf Coast, BP plans to stop accepting claims from people and businesses hurt by the Gulf oil disaster as it prepares to transfer that role to a government-appointed administrator.
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| Aug. 17, 2010
More on 99ers: Reactions and Stories
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 17, 2010
'Strategic Defaulters' Skip Mortgage Payments as Home Values Tumble
As part of his continuing series of reports making sense of economic news, Paul Solman tells the story of some homeowners who have stopped paying their mortgages even though they can still afford them.
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| Aug. 17, 2010
Are Fundamental Changes for Mortgage Giants Fannie, Freddie Ahead?
The Obama administration is calling for some fundamental changes at mortgage giants Fannie Mae and Freddie Mac. Jim Lehrer discusses the possible changes with William Poole, former Federal Reserve Bank of St. Louis president, and John Taylor of the National Community Reinvestment Coalition.
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| Aug. 17, 2010
China's War on Illegal Buildings
In an effort to rid the country of unsafe, illegal and aging structures, the Chinese Ministry of Housing and Urban-Rural Development plans to demolish more than half of the country's residential buildings in the next 20 years.
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| Aug. 17, 2010
China's War on Illegal Structures
In an effort to rid the country of unsafe, illegal and aging structures, the Chinese Ministry of Housing and Urban-Rural Development plans to demolish half of the country's residential buildings in the next 20 years. Illegal structures in China have a legacy of poor construction quality and dangerous conditions, especially during earthquakes or storms. But, relocating millions of residents is no small task for a country that is urbanizing at one of the fastest rates in history--and battling corruption at nearly every level of government.
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| Aug. 17, 2010
Oil Well Is Almost Dead, but Legal Wrangling Just Beginning for BP
In the coming years, BP will face a complex stew of litigation, fines and penalties stemming from the Gulf oil spill.
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| Aug. 17, 2010
We're Looking for Stories of Worker Burnout
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 16, 2010
Why Can't the Fed Refuse to Loan Money to Banks That Pay Lavish Salaries?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 16, 2010
News Wrap: 130 Survive Airliner Crash in Caribbean; 1 Dead
In other news Monday, a Colombian airliner, carrying 131 passengers, crashed and broke into three parts on a resort island Monday but only one person was killed. In Iraq, former premier Iyad Allawi and his alliance called off talks to form a new government with Prime Minister Nouri Al-Maliki's Shiite bloc.
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| Aug. 16, 2010
Iraq's Best and Brightest Gone Missing
On her way to Iraq for a reporting trip, Margaret Warner reports from Amman, Jordan, about how Iraqi exiles view the prospects of ever returning to their homeland.
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| Aug. 16, 2010
New Political Groups Face Few Spending and Donation Limits
In the wake of the landmark Citizens United v. FEC campaign finance ruling, unions and corporations are now allowed to spend unlimited amounts of their own money to support candidates via advertising. But those are not the only changes to the campaign finance landscape likely to have an impact on this year's elections.
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| Aug. 16, 2010
Monday: Karzai Sets Exit Deadline for Contractors; Gulf Shrimp Season Opens
Afghan President Hamid Karzai is setting a four-month deadline for private security companies to cease operations in the country, a government spokesman said Monday.
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| Aug. 13, 2010
Gulf Fishermen Debate Whether to Risk Selling Seafood Again
No oil has leaked from the broken Gulf well since July, and the federal government is reopening some waters for fishing. But some fishermen are split over whether to start trawling the waters again when there may be a risk of seafood being contaminated with oil and dispersants. Tom Bearden reports.
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| Aug. 13, 2010
99ers: Update on Gregg Rosen, Why Some Companies Say They Can't Find Workers
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 13, 2010
Debate Over Reopening Gulf Fishing Grounds Falls Along Surprising Lines
The state of Louisiana is about to reopen several state-controlled fishing grounds that were closed because of the Macondo oil well disaster. You'd think that fishermen would be thrilled with that idea. You'd be wrong.
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| Aug. 13, 2010
BP May Have Already Sealed Well for Good; Decision on Plug Expected
Officials hope to know early Friday if BP's oil well in the Gulf of Mexico has been sealed for good. Retired Coast Guard Adm. Thad Allen, the federal government's person in charge of the effort, scheduled a news conference for 1:45 p.m. EDT to give an update on the operation.
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| Aug. 12, 2010
Chinese Capital: Good or Bad Influence in Greece?
As part of his ongoing reports on Making Sense of financial news, business and economics correspondent Paul Solman examines the pros and cons of a massive infusion of Chinese capital into Greece.
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| Aug. 12, 2010
Online Crime a Cat-and-Mouse Game for Hackers, Security Companies
Spencer Michels wraps up his cybersecurity series with a look at online crimes and the technology being used to stop them.
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| Aug. 12, 2010
Public Media Reporters Offer Read on Housing Market Across U.S.
Foreclosures have gone up 9 percent since June, according to RealtyTrac Inc. But Marketplace's Jeff Horwich says despite the bleak numbers there are signs that foreclosure rates could ease up soon. Public media reporters assess the state of the housing market across the country.
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| Aug. 12, 2010
With General Motors Back in Black, Interim CEO Steps Aside
As General Motors announced a $1.3 billion quarterly profit Thursday, CEO Edward Whitacre announced he will step down on Sept. 1. Jim Lehrer talks to David Shepardson from The Detroit News and George Magliano of IHS Automotive about the company's turnaround.
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| Aug. 12, 2010
More from 99ers: Unemployment Leads to Foreclosure
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 12, 2010
More from 99ers: Unemployment Leads to Foreclosure
Given today's news that foreclosures jumped 9 percent in July, we've posted the last of our 99er interview outtakes, in which Faith Phillips tells a striking story: She'll be paying off condo fees on her foreclosed house for years, mainly for the other side's legal fees.
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| Aug. 12, 2010
More from 99ers: A Life's Savings Lost to Swindle
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 12, 2010
Thursday: Foreclosures, Jobless Claims Increase; GM Earns $1.3 Billion Profit
The number of U.S. homes lost to foreclosure rose in July, foreclosure listing firm RealtyTrac Inc. said Thursday. Lenders repossessed 92,858 properties last month, up 9 percent from June and an increase of 6 percent from July 2009.
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| Aug. 11, 2010
Olives and Omens: Did Greek Cuisine Portend Economic Problems?
In Greece, where a popular toast is drinking "to health and cash flow," one food writer sees parallels in between the country's crushing economic problems and its departure from its simple, humble culinary roots. Paul Solman reports.
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| Aug. 11, 2010
What Happens to Debris From Gulf Oil Cleanup?
Piles of plastic bags containing tar balls from Gulf Coast shorelines are packed up each day and millions of gallons oily water have been skimmed. But where is the debris from the Gulf oil disaster being taken? Tom Bearden reports.
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| Aug. 11, 2010
Wall Street Suffers Bad Day Over Fears of Stalling Recovery
Major indexes on Wall Street gave back more than two percent of their value Wednesday over concerns about the strength of the U.S. economy. Gwen Ifill discusses the plunge and the Federal Reserve's acknowledgment that the recovery has slowed with The Washington Post's Neil Irwin and Nightly Business Report's Tom Hudson.
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| Aug. 11, 2010
Making Sense: More From the '99ers'
There's been quite a bit of reaction to our story last Friday on the extension of unemployment insurance benefits past 99 weeks.
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| Aug. 11, 2010
Pew Report: U.S. Broadband Adoption Slows, but Blacks Gain Ground
The Pew Internet & American Life Project released its Home Broadband 2010 Report Wednesday, revealing a dramatic slowing of broadband adoption by Americans this year, but showing notable growth in use by blacks.
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| Aug. 11, 2010
Where the Stimulus Went and the Economic Headwind It Faces
How much money does it take to restart a sputtering economy? That's the question the federal government has been trying to figure out for the last year and a half.
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| Aug. 11, 2010
More from 99ers: How Long-term Unemployment Affects the Rest of the Economy
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 11, 2010
Wednesday: BP Crews Wait Out Storm; Pakistani President Defends Trip
Crews in the Gulf of Mexico drilling the final feet of a relief well intended to permanently plug BP's oil well will have to wait two to three days as a tropical depression passes over the site.
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| Aug. 10, 2010
News Wrap: Economic Growth 'More Modest' Than Previous Projection
In other news Tuesday, the Federal Reserve projected U.S. economic growth will be "more modest" than its June estimate.
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| Aug. 10, 2010
Democrats: $26 Billion Bill Spared Thousands of Teacher, Service Jobs
The House of Representatives passed a $26 billion jobs bill in a rare August session. Democrats say it will save 300,000 jobs, but Republicans object to the way that it will be funded -- partially by raising taxes on U.S. companies who have businesses overseas. Gwen Ifill has more.
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| Aug. 10, 2010
Fed Signals New Concerns on Economic Growth With Debt Move
We started this day by saying markets, investors, economists and politicians were watching the Fed's actions Tuesday to see just how worried Chairman Ben Bernanke and his colleagues are about the state of a sluggish economy.
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| Aug. 10, 2010
'99ers' Story Elicits Viewer Reactions, Tales
There's been quite a bit of reaction to our story last Friday on the extension (or non-extension) of unemployment insurance benefits past 99 weeks.
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| Aug. 10, 2010
The Fed and a Sputtering Economy: What to Do Next?
With fresh signs that a weak recovery is sputtering, the Fed's Open Market Committee meets Tuesday to consider whether to take more actions to boost the economy in a session that will be among the more closely watched in months.
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| Aug. 10, 2010
Tuesday: Federal Reserve Meets, Weighs Options; Afghan Civilian Deaths Rising
As the Federal Open Market Committee meets Tuesday to decide on interest rate and monetary policy, U.S. investors will be waiting for possible action by Fed Chairman Ben Bernanke, who most believe is thinking of ways to jumpstart the economy.
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| Aug. 9, 2010
News Wrap: Smoggy Moscow's Daily Death Toll Doubles
In other news, heavy smog from wildfires and other related causes have doubled Moscow's daily death toll bringing it up to 700. In Pakistan, more than 13 million people have now been affected by the monsoon flooding as the water continues to move south.
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| Aug. 9, 2010
What Part Did Olympics Expenses Play in Greece's Financial Crisis?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 9, 2010
Internet Policy Experts React to Google/Verizon Regulation Proposal
Google and Verizon released a joint set of principles for Internet regulation Monday that would enshrine some aspects of net neutrality principles in law, but would largely exempt the wireless Internet from regulation.
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| Aug. 9, 2010
Property Taxes Emerge as Latest Front in Housing Crisis
Foreclosures make headlines. They are a big focus of the media's attention as the troubled economy continues to dominate the news. But even where banks aren't taking over properties, the collapse of the real estate market is having profound effects on local politics and county and city policymaking.
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| Aug. 9, 2010
Monday: Drilling to Resume on Oil Relief Well; Aid Group to Stay in Afghanistan
Retired Coast Guard Adm. Thad Allen said Monday that cement forced down the top of BP's blown-out well last week has hardened enough so that workers can begin drilling the final 100 feet of the relief well and seal the well for good. An aid group says it will stay in Afghanistan after 10 people were killed on a medical mission.
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| Aug. 6, 2010
Target's Foray Into Politics Met With Protest From MoveOn.org
Liberal advocacy group MoveOn.org delivered a direct message to Target Corp. Friday: stop spending money on political campaigns. MoveOn.org delivered a petition with 260,000 signatures to company headquarters in Minneapolis demanding that it stop influencing campaigns.
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| Aug. 6, 2010
Marcus and Gerson on Jobless Numbers, Prop 8, Divisive Kagan Vote
Washington Post columnists Ruth Marcus and Michael Gerson -- sitting in for David Brooks and Mark Shields -- discuss the mostly partisan Elena Kagan's confirmation vote, the U.S. job outlook and the same-sex marriage ruling in California.
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| Aug. 6, 2010
Charlotte Looks to Remake Banking Economy
As a part of NewsHour Connect, which showcases some of the best public broadcasting reporting from around the country, Rob Holliday of UNC-TV brings some good news on the jobs front in North Carolina.
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| Aug. 6, 2010
Long-Term Joblessness Takes Emotional, Spiritual Toll on '99ers'
July's jobs reading came as bad news for job seekers and the U.S. economy. The Labor Department reports that 6.6 million people have been unemployed for 27 weeks or longer. Paul Solman talks to people who have been out of work for 99 weeks or longer as part of his ongoing series on making sense of financial news.
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| Aug. 6, 2010
News Wrap: Wall Street Up for the Week Despite Bleak Jobs Report
Amid the grim job numbers from the Labor Department Friday, Wall Street managed to come out of the week ahead. The Dow is up nearly 2 percent and the NASDAQ rose 1.5 percent. Also, BP is waiting for cement to harden on its plugged Gulf oil well.
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| Aug. 6, 2010
'Disappointing' Jobs Report Shows Uphill Climb for Unemployed Americans
The latest job numbers show the economy is struggling to get back on track. In July, the government cut 131,000 temporary Census jobs and only about 71,000 jobs were gained in the private sector. Ray Suarez sits down with economist Lisa Lynch and New York Times writer David Leonhardt to assess the latest numbers.
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| Aug. 6, 2010
The '99ers' Share Their Stories
Last month, Congress extended federal unemployment benefits for people who had been out of work up to 99 weeks. But for the millions of Americans who have been jobless longer than that -- the "99ers" -- there will be no more checks coming. Read letters from some of the 99ers.
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| Aug. 6, 2010
Russia Wheat Export Ban Pushes Prices Near 2-Year High
Wheat prices retreated slightly but held near a two-year high Friday in reaction to a Russian announcement banning grain exports through the end of the year due to severe drought and wildfires.
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| Aug. 6, 2010
Jobs Report Brings More Bad News for the Unemployed
Heading into Friday morning, no one was expecting much good news from the July jobs report. Unfortunately, the picture it provided of the jobs market is even worse than many expected.
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| Aug. 6, 2010
Friday: Unemployment Unchanged at 9.5%; BP Closer to Sealing Well
Private employers added 71,000 jobs in July, up from a revised 31,000 in June but not nearly enough to help the unemployment rate, which remained unchanged at 9.5 percent.
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| Aug. 6, 2010
The Morning Line: It's All About Jobs, Jobs, Jobs
The Labor Department released its much-awaited monthly jobs report Friday, showing 131,000 jobs were lost in July, more than economists had expected.
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| Aug. 5, 2010
News Wrap: Supermodel Campbell Testifies in Taylor War Crimes Trial
In other news Thursday, Senate Democrats passed a $26 billion aid package for state and local governments, supermodel Naomi Campbell testified at the war crimes trial of former Liberian leader Charles Taylor, and several U.S. citizens were charged for supporting a terrorist group in Somalia.
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| Aug. 5, 2010
What Would Happen if the U.S. Government Defaulted on its Debt?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 5, 2010
BP Begins Cementing Well in Final 'Static Kill' Step
BP began pumping cement into its blown-out well in the Gulf of Mexico Thursday morning, the final step in the "static kill" maneuver that began Tuesday afternoon.
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| Aug. 5, 2010
Missouri's Primary Results: the Effects of the Tea Party and Pizza Coupons
As this blog has noted in many posts, despite the media coverage of the political movement known as the tea party, it is difficult to tell what its impact is or will be in the fall. But let's look at what we can tell from Missouri's primary results.
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| Aug. 5, 2010
Gulf Residents Ask: Will Promises Be Broken on the Oil Spill Response?
A lot of people in south Louisiana think the rest of the country is about to abandon them.
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| Aug. 4, 2010
New Orleans Getting Stronger, but Katrina's Problems Linger 5 Years Later
A new report from the Brookings Institution shows New Orleans' population and economy are rebounding five years after Hurricane Katrina, plus the city now has better schools, better access to health care and a stronger criminal justice system. Gwen Ifill speaks with Mayor Mitch Landrieu and scholar Amy Liu about findings.
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| Aug. 4, 2010
Browner: Static Kill 'Good News' for Gulf, But Relief Wells Still Needed
Political leaders welcomed BP's report of success in the static kill operations on the Gulf oil well, while some Gulf residents remained apprehensive about a report saying that roughly three-quarters of the leaked oil was gone. Judy Woodruff speaks with the president's chief assistant on energy and climate change, Carol Browner.
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| Aug. 4, 2010
Report Says Oil Mostly Gone, But Some Along Gulf Remain Skeptical
BP reports the static kill on the Gulf oil well is a success so far, but some Gulf Coast residents are questioning a new government report that states around three-quarters of the spilled oil is already gone. Gwen Ifill reports on the latest developments in the Gulf.
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| Aug. 4, 2010
News Wrap: Senate Democrats Advance $26B Medicaid, Education Package
In other news Wednesday, Senate Democrats broke a Republican filibuster to advance a $26 billion measure that would provide states with funding for Medicaid and education. Also, another incumbent member of Congress lost a re-election bid.
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| Aug. 4, 2010
Pelosi Calls House Back to Work Next Week for Funding Bill
Democrats overcame a Republican filibuster Wednesday to move legislation that would provide states with funding for Medicaid and education.
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| Aug. 4, 2010
Why is Stimulus Spending the Government's Responsibility?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 4, 2010
BP's 'Static Kill' Holding Back Oil Flow
Nearly four months after the worst accidental oil leak in history began in the Gulf of Mexico, BP is claiming a victory in its effort to plug its blown-out oil well.
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| Aug. 3, 2010
BP Starts 'Static Kill': Beginning of the End for Gulf Oil Well?
Senate Majority Leader Harry Reid hit a stumbling block in an effort to pass a bill that would have lifted an oil spill liability cap. Judy Woodruff speaks with Washington Post reporter Joel Achenbach about the latest on efforts to permanently seal the Gulf oil well.
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| Aug. 3, 2010
BP Could Be Fined Billions for Largest Oil Accident in History
A federal task force of scientists released a new estimate that more than 200 million gallons of oil have spewed into the Gulf since late April -- the largest accidental oil spill in history. It could also mean BP could be fined billions if cited for gross negligence or willful misconduct.
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| Aug. 3, 2010
What Impact Does High-Frequency Trading Have on Market Volatility?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 3, 2010
BP Begins 'Static Kill' Attempt
BP began the static kill attempt of the Gulf oil well at 4 p.m. ET Tuesday, according to a statement by the company.
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| Aug. 3, 2010
Katrina 5 Years Later: The Monumental Tasks of Clean-up and Recovery
Upon the fifth anniversary of Hurricane Katrina's landfall, the NewsHour is looking back at some our coverage of what people in New Orleans and the Gulf Coast have done to clean up from the storm and rebuild their homes, businesses and lives.
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| Aug. 3, 2010
In Honduras, Whispers of Political Unrest Remain Amid Mayan Beauty
In Honduras, the tourism industry is coming back to life after last year's political unrest, but the situation still has some people worried about the country's political and economic future.
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| Aug. 3, 2010
Tuesday: BP to Attempt 'Static Kill'; Floods Spreading in Pakistan
Crews hoped to begin pumping mud and cement into the blown-out oil well at the bottom of the Gulf of Mexico on Tuesday in what BP officials said could be the permanent fix to the spill.
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| Aug. 2, 2010
New England Fisheries Build New Business Model
Commercial fishing, one of northern New England's iconic industries, is threatened. There are fewer boats on the water, more regulations and declining markets. How are the men and women who catch fish reacting to the challenges? New Hampshire Public TV reports.
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| Aug. 2, 2010
News Wrap: Six Children Killed in Afghan Car Bombing
In other news Monday, a car bomb went of in a market area and killed six children in Afghanistan. Also, the Netherlands became the first NATO country to pull troops out of the Afghan war.
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| Aug. 2, 2010
Why Can't the Government Resurrect 'Workfare' Programs Like the WPA?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| Aug. 2, 2010
Going Aboard the Drillship Discoverer Enterprise in the Gulf
For months, the eyes of the world were focused on the images of the Gulg oil leak coming from the drillship Discoverer Enterprise. On Saturday, the NewsHour was part of the first media tour of the ship.
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| Aug. 2, 2010
Monday: BP Set for 'Static Kill' on Well
BP is poised to begin a new procedure as early as Monday to plug its broken well in the Gulf of Mexico.
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| JULY
July 30, 2010
Brooks and Marcus Talk Bush Tax Cuts and WikiLeaks
New York Times columnist David Brooks and Washington Post columnist Ruth Marcus -- who's sitting in for Mark Shields this week -- stopped by The Rundown Friday to discuss the debate over the expiring Bush tax cuts and what impact the WikiLeaks document dump might have on the war in Afghanistan.
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| July 30, 2010
Will U.S. Auto Industry Manage to Survive Recession?
On a day that President Obama touted his administration's efforts to save the U.S. auto industry, Judy Woodruff assesses the state of the industry with Micheline Maynard, senior editor of Changing Gears, a new public media project focusing on the future of the industrial Midwest, and economist Martin Bailey.
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| July 30, 2010
President Obama Takes Chevy Volt Electric Car for a Test Drive
It might go down as the shortest joyride in history. President Obama got behind the wheel of a black Chevrolet Volt, GM's new electric car, and drove it a distance of about 10 feet, topping out at at a few miles per hour.
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| July 30, 2010
"Socionomic" Theory Predicts Market Catastrophe
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| July 30, 2010
Obama Touts Auto Industry Recovery in Detroit Speech
President Obama rallied autoworkers at a Chrysler plant in Detroit Friday, telling workers that his administration's decision to rescue the ailing auto industry in 2009 kept their jobs alive and was the right decision.
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| July 30, 2010
China's Nuclear Power Building Boom
The demand for emission-free nuclear electricity in China is growing as quickly as its megacities and middle-class.
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| July 30, 2010
Conversation: Exclusive E-Books Deal Stirs Publishing World
On July 22, literary agent Andrew Wylie announced an exclusive partnership with retailer Amazon to begin selling digital versions of many classic backlist titles by authors that would be accessible only on Amazon's Kindle e-reader.
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| July 30, 2010
Friday: BP to Detail Gulf Plan; July Now Deadliest Month for U.S. in Afghanistan
Newly-named BP CEO Bob Dudley will outline the company's long-term plans to aid Gulf recovery efforts on Friday and announce the addition of former FEMA chief James Lee Witt as a new leader in the oil spill response effort. Also, three U.S. troops were killed in Afghanistan in separate bombings in the last 24 hours.
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| July 30, 2010
The Morning Line: Unfinished Business
House members head home Friday for the August recess and to begin the campaign season in earnest. But there is much unfinished business that prevents Democrats from wrapping a bow around their desired tidy messaging.
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| July 29, 2010
Did Stimulus Funding Help or Hurt U.S. Economy in the Long Run?
A new study by economists Mark Zandi and Alan Blinder showed the U.S. government's nearly $800 billion economic stimulus and the Wall Street bailout likely steered the American economy away from another depression. Jeffrey Brown moderates a debate between Zandi and Stanford University economist John Taylor.
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| July 29, 2010
Timeline: The Oil Spill at 100 Days
As the Deepwater Horizon oil leak surpasses the 100-day mark, here is a timeline of some key events from the past few months with links to NewsHour coverage.
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| July 29, 2010
Does the President's Jobs Policy Conflict With His Climate Policy?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| July 29, 2010
Thursday: Supporters, Opponents Gear Up for Arizona Immigration Fight
Supporters, Opponents Gear Up for Long Fight Over Arizona Immigration LawOne day after a federal judge blocked key provisions of Arizona's new immigration law from going into effect, both supporters and opponents of the law are gearing up for a long fight.
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| July 28, 2010
One Man Takes on -- And Funds -- Mission to Clean Up Gulf
A man who made his money in the construction crane business is now leading and funding a small operation to clean up the Gulf Coast and assist with other disasters around the world. Spencer Michel reports from Buras, Louisiana.
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| July 28, 2010
100 Days Into Oil Disaster, What's in the Gulf Waters?
The oil has stopped gushing from the BP's damaged Gulf of Mexico well -- at least for now -- but the damages are apparent along the beaches and marshlands. However, little oil can be seen on the water. Jim Lehrer speaks with a professor about dispersants and water quality in the Gulf.
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| July 28, 2010
News Wrap: Afghan Passenger Bus Bombing Kills at Least 25
In other news Wednesday, a roadside bomb killed at least 25 passengers and wounded 20 others when it hit a bus in southern Afghanistan. Also, due to furloughs, California state workers will be forced to take an extra three unpaid days off every month until the Legislature adopts a budget.
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| July 28, 2010
Would a Budget Surplus Bring Manufacturing Jobs Back to the U.S.?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| July 28, 2010
House Democrats Stage Silent Protest Over Jobs in Senate Chamber
Five House Democrats entered the Senate chamber Wednesday afternoon and took seats on the backbench of the Republican side of the aisle.
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| July 28, 2010
The Morning Line: Taking Care of Small Business
President Obama will meet with small business owners at the Tastee Sub Shop in Edison, N.J., this afternoon, hoping to put a human face on his effort to get the Senate to pass a small business jobs bill before the August recess.
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| July 27, 2010
WikiLeaks Documents Go Public: Where Should Journalists Draw the Line?
Some have questioned whether WikiLeaks and major news organizations publishing the secret documents compromised the safety of American lives. Judy Woodruff gets perspective from two journalists on what is considered when publishing sensitive information.
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| July 27, 2010
Feinberg: Indirect Oil Claims Will Be Tougher to Resolve
Kenneth Feinberg, who was chosen to administer the $20 billion fund established by BP to settle near-term oil disaster claims, faces both skepticism from Gulf Coast residents and a daunting task in deciding which direct and indirect claims to approve. Tom Bearden reports from Alabama.
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| July 27, 2010
Risk Analyst: Oil Liability Tough to Tally, But BP Will Likely Survive
Soon-to-be CEO of BP, Bob Dudley, is set to take over for Tony Hayward on Oct. 1. Gwen Ifill speaks with Holly Pattenden of Business Monitor International in London about the leadership switch, the company's liability in the oil disaster and prospects for survival.
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| July 27, 2010
BP Finalizes Leadership Shakeup, Replacing Hayward With Dudley
BP confirmed that Bob Dudley will take over as CEO of the embattled oil giant in October and announced a $17 billion loss in earnings, saying it paid out at least $32 billion for compensation and cleanup of the Gulf of Mexico oil disaster.
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| July 27, 2010
News Wrap: $9 Billion for Iraq Rebuilding Missing
In other news Tuesday, an inspector general's report shows that the U.S. Defense Department can't find $9 billion of Iraqi oil money earmarked for rebuilding. Also, the campaign financial bill stalled in the Senate.
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| July 27, 2010
Coast Guard Photos of Newest Oil Leak
Earlier Tuesday, a barge collided with an abandoned oil well in Barataria Bay, La., just north of an area already hit by oil from the Deepwater Horizon leak. The 20-foot gusher of oil and natural gas is reportedly hampering efforts to move oil-cleaning equipment through the bay.
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| July 27, 2010
Why do Companies "Stretch Out Their Payables?"
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| July 27, 2010
Tuesday: BP's Hayward Exits as CEO as Company Reports $17B Loss
After days of speculation, BP made it official early Tuesday: embattled CEO Tony Hayward will step down from his post and be replaced by American Robert Dudley.
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| July 26, 2010
Is a Stockbroker Better Than a Dart-Throwing Monkey?
Paul Solman answers your questions on business and economic news on "The Business Desk."
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| July 26, 2010
News Wrap: BP CEO Hayward Expected to Take Russia Job
As oil cleanup crews head back to work after a disruption from Tropical Depression Bonnie, embattled BP CEO Tony Hayward is expected to head out to take a job with BP's joint venture in Russia.
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| July 26, 2010
President Obama Urges Senate Action on Campaign Finance Disclosure
President Obama spoke in the White House Rose Garden Monday to urge the U.S. Senate to join the House of Representatives in passing the DISCLOSE Act -- aimed at making political advertising more transparent after the Supreme Court decision that eliminated campaign advertising spending limits for corporations and unions.
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| July 26, 2010
BP Could Begin Final Oil Well Kill Procedure Next Week
BP could begin taking the final steps to try to kill its blown-out oil well in the Gulf of Mexico as soon as next week, Coast Guard Adm. Thad Allen said Monday.
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BUSINESS & ECONOMY