Jul 08 Obama Gets His Monthly Report Card On Friday morning, President Obama will speak about the jobless rate, which rose to 9.2 percent. Photo by Brendan Smialowski/Getty Images. A jobs report does not an election make, but the Obama economy is in a rut and… Continue reading
Jul 07 Watch Will News of the World's Shuttering Change British Journalism Tactics? News Corp. announced Thursday that its tabloid, News of the World, will cease to publish after 168 years, but reports have surfaced that sister publication, The Sun, might publish a Sunday edition in its place. Margaret Warner discusses the phone-hacking… Continue watching
Jul 07 Pelosi: House Democrats Won't Support Entitlement Cuts in Debt-Limit Deal While Republicans in the House and Senate have been declaring for weeks that they won't support any type of tax increase as part of a debt-limit deal, House Minority Leader Nancy Pelosi drew her own line in the sand Thursday:… Continue reading
Jul 07 As Tourists Return, How Will Service Worker Centers Feel in 2012? Lincoln City, Oregon; photo by Dante Chinni, Patchwork Nation If you want a scorecard for the behemoth we call the American economy, there is no shortage of measurements. Every week brings reports on everything from jobless claims to gas… Continue reading
Jul 07 Obama: White House Debt Limit Meeting 'Constructive,' But No Deal Yet President Obama speaks Thursday in the Brady Briefing Room following a meeting on the debt ceiling with congressional leaders. Photo by Saul Loeb/AFP/Getty Images President Obama said Thursday that he had a very constructive meeting with congressional leaders about… Continue reading
Jul 07 How an English Investor Dabbled in Cleveland Real Estate...and Got Burned By Paul Solman Video edited by Elizabeth Shell. As a follow-up to Tuesday's story on abandoned housing demolition in Cleveland, we're posting a short video. A show-and-tell about one vacant property, it covers all the bases - from… Continue reading
Jul 07 Watch How an English Investor Dabbled in Cleveland Real Estate... and Got Burned A show-and-tell about a vacant property from the bank unloading it to a buyer in England. Continue watching
Jul 07 How an English Investor Dabbled in Cleveland Real Estate...and Got Burned By Paul Solman // Video edited by Elizabeth Shell. As a follow-up to Tuesday's story on abandoned housing demolition in Cleveland, we're posting a short video: A show-and-tell about one vacant property, it covers all the bases - from the… Continue reading
Jul 07 Obama, Congress Search for Grand Bargain on Debt Ceiling On Thursday, House and Senate leaders will meet with President Obama at the White House. Photo by Mandel Ngan/AFP/Getty Images. At his news conference last week, President Obama called on members of Congress to "do something big" when… Continue reading
Jul 06 Amid All the Debate Over Debt, Where Does Job Growth Fit In? I came away from my interview with Republican Sen. John Cornyn of Texas on Tuesday's NewsHour still curious about the answer to this question: Why aren't employers hiring more people? Discussing the budget and debt ceiling showdown gripping… Continue reading