Economy Mar 01 Judge Decides Some Madoff Investors Not Entitled to Recovered Funds A federal bankruptcy judge in Manhattan has sided with a trustee appointed by the court that investors with Bernard Madoff who took out more money from Madoff's investment firm than they put in over the years are not eligible…
Economy Feb 17 The Stimulus at One: How Effective Has $787B Bill Been? On the first anniversary of President Obama's signing of the $787 stimulus bill, Hari Sreenivasan spoke with Michael Grabell of ProPublica about how much has been spent, how much is left and how hard it is to count…
Economy Feb 05 What Is Needed to Spur Job Creation? With the unemployment level still hovering near double digits, the PBS NewsHour asked a handful of economists and small business owners for their thoughts on the one thing Washington should do to jumpstart job creation.
Economy Feb 04 Reflections on the Housing Market Economist Karl Case co-developed the S&P/Case-Shiller Home Price Index, today the most widely watched source of housing market prices in the U.S. Here, in a PBS NewsHour online exclusive, is his summation of the housing crisis -- in verse form.
Economy Feb 02 Volcker to Press Lawmakers to Restrict Activities of Big Banks White House adviser and former Fed chairman Paul Volcker will testify before the Senate Banking Committee Tuesday and press its members to restrict the activities of big banks and limit their overall size. In making the case for what's…
Politics Feb 01 Obama: Changing Spending-as-Usual Depends on Changing Politics-as-Usual In remarks this morning about his newly unveiled budget for fiscal 2011, President Barack Obama defended his administration’s fiscal record as preventing further economic disaster but declared that “budget common sense” should now guide Washington’s spending. “I’m…
Economy Jan 20 Bank Bonuses to Exceed Pre-Crisis Levels _pap_embed_custom('news01s3928qd89',482,304,""); With Wall Street banks poised to offer record paydays for employees, Wall Street Journal columnist Dennis Berman explains the latest bank earnings reports and Wall Street's reaction to the Obama administration's proposed tax on big banks.
World Jan 18 Donations to Haiti Relief Effort Top $150 Million Charitable and relief organizations have been inundated with donations since last week's devastating earthquake struck Haiti, and a report by the Chronicle of Philanthropy on Saturday suggests that the money raised thus far vastly exceeds what was raised immediately…
Health Jan 01 Eye Hospital in India Restores Sight With Free Surgeries Friday on the NewsHour, a second look at a Fred de Sam Lazaro report from India on the Aravind system of eye hospitals and clinics, the largest such system in the world. These clinics subsidize sight-restoring surgery for impoverished patients…
Economy Dec 22 Chicago Community Mourns Loss of Local Bank On the West side of Chicago, the loss of a bank that invested widely in local neighborhoods is being mourned by residents, who question why a bank's commitment to community is not considered part of its bottom line.