May 13 Watch Tracking Inflation: How Fast Are Prices Rising? As part of his continuing coverage of Making Sense of financial news, Paul Solman reports on the growing rate of inflation and how Americans are dealing with the extra costs. According to the government's latest figures, prices made the biggest… Continue watching
May 13 Medicare, Social Security May Exhaust Funds Sooner Than Expected The trustees who oversee the finances of Medicare and Social Security said Friday that both programs will exhaust their trust funds sooner than previously expected. The Medicare Trustees report projected funds for the Medicare hospital insurance fund… Continue reading
May 13 Extremist Economics and Printing Dollars By Paul Solman John Williams is an economic extremist. He thinks a collapse of the U.S. dollar and hyperinflation are just around the corner and that gold is therefore the best bet around. He thinks the government manipulates the economic data to… Continue reading
May 13 Foreclosures Are Down. How Is That Bad News? Looking at the housing market is enough to give anyone a serious dose of cognitive dissonance. Take the April foreclosure numbers. The data, just released this week from RealtyTrac, shows what could only be labeled, at first blush anyway,… Continue reading
May 13 Inflation, Extremist Economics and Printing Dollars By Elizabeth Shell John Williams is an economic extremist. He thinks a collapse of the U.S. dollar and hyperinflation are just around the corner and that gold is therefore the best bet around. He thinks the government manipulates the economic data to… Continue reading
May 12 Watch 'Wizard of Lies' Author Details Madoff's Fall Into Massive Financial Fraud In the new book, "The Wizard of Lies," New York Times' Diana Henriques chronicles the massive Wall Street Ponzi scheme of the '90s led by Bernie Madoff. Jeffrey Brown talks to Henriques about her reporting. Continue watching
May 12 Watch Tax Breaks for Oil Companies: Good for Business or Unfair Advantage? Lawmakers targeted the oil industry's tax breaks and profits in budget debates Thursday. Judy Woodruff discusses the debate over tax breaks for oil production and other rules with The Energy Program at Public Citizen's Tyson Slocum and The American Petroleum… Continue watching
May 12 McConnell Rules Out Tax Increases In Debt Limit Deal Senate Minority Leader Mitch McConnell, R-Ky., was upbeat Thursday after he and other Republican senators met with President Obama at the White House to discuss the conditions under which Congress will vote on increasing the country's debt limit, but repeated… Continue reading
May 12 Making Sense: Are Taxes Lower Now Than the 1950s? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Thursday's query: Name: Peter Anderheggen Question: I recently heard that in 2011, the nation,… Continue reading
May 12 Are Taxes Lower Now Than the 1950s? By Elizabeth Shell Name: Peter Anderheggen Question: I recently heard that in 2011, the nation, on the whole, is paying substantially less in taxes than it did in the nineteen fifties. I do not know if this is true or just a spin. Continue reading