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.
A new government report cites continued oversight problems for the $700 billion federal rescue plan. Ray Suarez examines emerging views on regulation’s role in the U.S. economy and the possible creation of a government-run “bad bank” that would help take soured assets off the books of U.S. institutions. Continue reading
In one of the worst economic years in history, Wall Street executives received more than $18 billion in bonuses. Experts examine how such bonuses work, followed by the analysis of Mark Shields and David Brooks. Continue reading
There was more evidence Friday the recession is getting worse, a fact that President Obama and his economic team continued to confront. Columnists Mark Shields and David Brooks mull Mr. Obama’s approach. Continue reading