Apr 27 Watch Bernanke Spotlights Political, Economic Challenges in Historic News Conference In hopes of further revamping the Fed's secretive image, Chairman Ben Bernanke held the first-ever regularly scheduled news conference in its 98-year history. Jeffrey Brown discusses his remarks with Columbia University's Joseph Stiglitz and Matthew Slaughter, who served on the… Continue watching
Apr 27 The Obamas Gave $131,000 to Fisher House Foundation in 2010; What Is It? By Paul Solman Photo of President Obama by Jewel Samad/AFP/Getty Images Editor's Note: The Obama document du jour may be the President's birth certificate, but here on the Business Desk we've been looking into another document: the First Family's tax return. Last… Continue reading
Apr 27 The Obamas Gave $131,000 to the Fisher House Foundation Last Year. What Is It? By Elizabeth Shell Editor's Note: The Obama document du jour may be the President's birth certificate but here on the Business Desk we've been looking into another document: the First Family's tax return. Last week we ran an infographic illustrating their… Continue reading
Apr 27 5 Questions About the Federal Reserve and Bernanke's News Conference File photo by Alex Wong/Getty Images Updated 6:24 p.m. | OK, we did get answers to the questions our experts raised earlier, some more interesting than others. What was perhaps most compelling during this first news conference was the… Continue reading
Apr 26 Suppose You Want to Pay Down the National Debt, All by Yourself? By Paul Solman Photo by Flickr user CarbonNYC Slate, the online magazine, has a fascinating explainer of an oft-asked question: can individuals help pay down the debt and if so, how? From Slate's Brian Palmer: There are several ways for… Continue reading
Apr 26 Suppose You Want to Pay Down the National Debt All by Yourself? By Elizabeth Shell Slate, the online magazine, has a fascinating explainer of an oft-asked question: can individuals help pay down the debt and if so, how?… Continue reading
Apr 25 Should Banks Modify Home Loans to Today's Home Values? By Paul Solman Photo: Getty Images. Paul Solman answers questions from NewsHour viewers and readers on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Charles Robertson Question: The media estimate 5 to 8 million houses… Continue reading
Apr 25 Should Banks Modify Home Loans to Today's Home Values? Name: Charles Robertson Question: The media estimates 5 to 8 million houses are currently underwater or at some point in the foreclosure process, and housing values have declined 25 percent. If one million homes were put on the market in… Continue reading
Apr 22 Our National Debt: Political Gamesmanship or a Game of Chicken? By Paul Solman A graphic chronicle of debt ceiling hikes from Bloomberg Businessweek. For the record, it doesn't seem like either 'political gamesmanship' or a game of chicken, so much as a vivid illustration of how and why the national… Continue reading
Apr 22 Our National Debt: Political Gamesmanship or a Game of Chicken? A graphic chronicle of debt ceiling hikes from Bloomberg Businessweek. For the record, it doesn't seem like either 'political gamesmanship' or a game of chicken, so much as a vivid illustration of how and why the national debt has… Continue reading