Aug 01 Default by Debt Ceiling? 'Complete Nonsense' By Paul Solman // Editor's Note: On Monday's NewsHour Paul Solman reports from the trading floor of Natixis CIB Americas to see how the stock market was reacting to news of the debt-ceiling deal. Turns out the market is reacting… Continue reading
Aug 01 Default by Debt Ceiling? 'Complete Nonsense' EmbedVideo(1145, 514, 320); Editor's Note: On Monday's NewsHour Paul Solman reports from the trading floor of Natixis CIB Americas to see how the stock market was reacting to news of the debt ceiling deal. Turns out the… Continue reading
Aug 01 Watch Default by Debt Ceiling? 'Complete Nonsense' Paul Solman reports on how the stock market was reacting to news of the debt ceiling deal… Continue watching
Aug 01 With Debt Ceiling Agreement In Place, Can Leaders Find Enough Votes? It's a new morning in Washington as Congress prepares to vote on extending the debt limit while cutting spending. Photo by Mark Wilson/Getty Images. If members of Congress from both parties and in both chambers follow their leaders,… Continue reading
Jul 31 President Obama Announces Debt Deal 9:25 p.m. ET | President Obama announced Sunday evening that he had reached an agreement with party leaders in Congress that will cut the deficit, raise the debt ceiling and create a bipartisan, bicameral committee of members of… Continue reading
Jul 29 Boehner Bill Passes House, Focus Shifts to Senate Updated 8:30 p.m. ET with Senate vote House Republicans rallied enough conservatives Friday evening to pass House Speaker John Boehner's debt-limit bill after days of delay that put into question whether the speaker could secure votes in his caucus. The… Continue reading
Jul 29 How Did the U.S. Get $14 Trillion in Debt? A fascinating set of graphic debt data, courtesy of the New York Times. Meanwhile, amidst all the scare talk of a bond rate crisis, has anyone noticed that the bond market is rallying mightily today? As… Continue reading
Jul 29 How Will New Fuel Efficiency Rules Affect Consumers? President Obama, flanked on stage by executives from the country's leading automakers, announced new fuel economy standards for cars and light trucks Friday that would double the current requirement to 54.5 miles per gallon (mpg) by 2025. The new rules… Continue reading
Jul 29 How the U.S. Racked Up $14 Trillion in Debt By Paul Solman A fascinating set of graphic debt data, courtesy of the New York Times. Meanwhile, amidst all the scare talk of a bond rate crisis, has anyone noticed that the bond market is rallying mightily… Continue reading
Jul 29 Tying the Debt to Jobs? Not So Fast Lincoln City, Ore., relies heavily on a tourism economy, which many business owners say is flat this year. Photo by Flickr user Anne S. Lucas. LINCOLN CITY, ORE. | Politicians like to make linkages. They like to take a… Continue reading