U.S. auto companies reported deep losses in sales Tuesday, while a key supply route was bombed in Pakistan. Judy Woodruff reports on these developments and other news headlines of the day. Continue reading
The John F. Kennedy Center for the Performing Arts announced Tuesday the creation of a program to provide non-profit organizations free counseling in fundraising, marketing and budgeting to help them weather the current economic crisis.
Question/Comment: Could you explain where all the money went that supposedly vanished during the Wall Street meltdown? Who has it? Was it imaginary or did it really exist? Paul Solman: All Wall Street values are imaginary. All money is imaginary. … Continue reading
As Congress shapes the stimulus package, the debate rages on over what parts of the bill will be most effective in reviving the country’s ailing economy. Business reporters analyze the plan’s components. Continue reading
The Senate resumed debate on the $900 economic stimulus package that hit snags among Republicans concerned about the rising costs of the package. Jim Lehrer reports on this and other top news of the day. Continue reading
In a special online-only video, Paul Solman examines how the company “Not Your Daughter’s Jeans” is faring as currency values, trade alliances and consumer spending shift in the global economic crisis. You can find the answers to all the “rag … Continue reading
Consumers cut spending for a sixth straight month in December and, heeding the impact of the recession-laden economy, boosted their savings rates to the highest level since May, according to the latest round of government reports. Continue reading
Paul Solman revisits the port of Long Beach, Calif., just a year after first reporting there, and finds fields of unsold Mercedes and tracts of Toyotas. Read the transcript here.