Jun 22 Watch Is Your Pension Safe? States Struggle With Pricey Challenges As part of his continuing coverage of Making Sen$e of financial news, economics correspondent Paul Solman reports from Rhode Island on the struggles that states are facing over how to calculate investment returns for public pension funds to keep them… Continue watching
Jun 22 Can Investment Assumptions Worsen the State Pension Fund Crisis? By Diane Lincoln Estes Well, no. Investment assumptions themselves don't worsen the crisis, but as we explain in our story on Rhode Island on Wednesday's broadcast, decisions about pension fund investment assumptions can mean higher taxes, lower pensions and bitter politics. Why?… Continue reading
Jun 22 Can Investment Assumptions Worsen the State Pension Fund Crisis? By Elizabeth Shell By Diane Lincoln Estes Well, no. Investment assumptions themselves don't worsen the crisis but as we explain in our story on Rhode Island on Wednesday's broadcast, decisions about pension fund investment assumptions can mean higher taxes, lower pensions and bitter… Continue reading
Jun 22 McConnell: We Shouldn't Talk About Default Consequences Sen. Mitch McConnell, R-Ky., walks through the halls of the U.S. Capitol November 15, 2010. Chip Somodevilla/Getty Images Senate Minority Leader Mitch McConnell said Wednesday he wasn't interested in discussing the negative economic consequences that Federal Reserve Chairman Ben… Continue reading
Jun 21 Watch JPMorgan to Pay $153 Million to Settle SEC Fraud Charges The Securities and Exchange Commission announced Tuesday that JPMorgan Chase agreed to pay $153 million to settle charges of misleading investors in the housing market. Judy Woodruff discusses the settlement and back story with Pulitzer Prize-winning reporter Jesse Eisinger of… Continue watching
Jun 21 Mad Hatter v. Baaad Hatter: You Voted and the Winner Is... By Paul Solman ...that Hero of Haberdashery, Champ of Chapeaux, el Senor de Sombreros and Fliest of Fedoras -- my hat! In a poll so scientific Bill Nye might turn green with envy, the Making Sen$e readership has spoken as one. Well,… Continue reading
Jun 21 Mad Hatter v. Baaad Hatter: You Voted and the Winner Is... By Elizabeth Shell ...that Hero of Haberdashery, Champ of Chapeaux, el Senor de Sombreros and Fliest of Fedoras -- my hat!… Continue reading
Jun 20 Making Sense: Not-So-Simple Solman By April Brown Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Monday's query considers whether Paul's audience understands what he's talking about. Continue reading
Jun 17 Watch Boeing Battle: Was Dreamliner Move to S.C. Legal or Strike Retaliation? A new $750 million Boeing factory in South Carolina is at the heart of a controversial National Labor Relations Board case. It was opened as a second location to build 787 Dreamliner jets after a series of union strikes in… Continue watching
Jun 17 Watch News Wrap: Greek PM Reshuffles Cabinet, Hoping to Pass New Austerity Measures In other news Friday, Greek Prime Minister George Papandreou shook up his government in a bid to defuse the country's debt crisis and get new austerity measures through Parliament. Also in Yemen, officials announced that President Ali Abdullah Saleh, who… Continue watching