Apr 19 Watch Louisianans Still Struggling One Year After the Gulf Oil Spill Hari Sreenivasan talks to Shauna Sanford and Charlie Whinham of LPB about the oil spill. Continue watching
Apr 19 S&P's Dire Warning: Of Any Significance At All? Call me a contrarian -- or just your garden-variety journalist/skeptic -- but when I read the much-ballyhooed Standard & Poor's announcement yesterday, I shook my shiny head. "Because the U.S. has, relative to its AAA peers, what we consider… Continue reading
Apr 18 Watch In Downgrading U.S. Rating, Standard & Poor's Fires 'Warning Shot' Jitters in Markets After Ratings Agency Downgrades U.S. Debt… Continue watching
Apr 18 Making Sen$e: How Much Did President Obama Make in 2010? By Paul Solman Editor's Note: The First Family's 2010 tax return was released today. We've pulled out some of the more interesting numbers in a graphic. Here's the snapshot: the Obamas reported an adjusted gross income of $1,728,096, about $3.78… Continue reading
Apr 18 How Much Did President Obama Make in 2010? By Elizabeth Shell Editor's Note: The First Family's 2010 tax return was released today and we've pulled out some of the more interesting numbers in a graphic for you. Here's the snapshot: the Obamas reported an adjusted gross income of $1,728,096, about… Continue reading
Apr 15 House Passes Ryan 2012 Budget Proposal A united House Republican conference voted overwhelmingly to pass budget Chairman Paul Ryan's sweeping budget plan that would cut $5.8 trillion in spending over the next ten years, lowering corporate tax rates and transforming Medicare into a voucher system for… Continue reading
Apr 15 Making Sen$e: How Does Investing Create Jobs? By Paul Solman Financial professionals work the phones on the floor of the New York Stock Exchange in New York City. Photo by Chris Hondros/Getty Images. Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days… Continue reading
Apr 15 How Does Investing Create Jobs? By Elizabeth Shell Name: Scott Question: If my company's stock is currently $10 and then in a month goes to $20, how does this doubling show up on a company's balance sheet? And if it does not show up on a firm's balance… Continue reading
Apr 14 Patchwork Nation: 'Good News' on Foreclosures Not All Good When is good news not as good as it seems? Well, the foreclosure numbers from the first quarter of 2011 offer a good example. The news seems positive at first blush, as headlines declare declining foreclosure activity: Foreclosure filings hit… Continue reading
Apr 14 House, Senate Pass Bipartisan Budget Deal to Fund Government Update 6:10 p.m. ET | The Senate passed the budget bill late Thursday afternoon, sending the legislation to President Obama's desk for a signature. The 81-19 vote ensures the government will remain funded for the rest of the fiscal year,… Continue reading