Jan 13 More Than One Million Homes Foreclosed on in 2010 By Paul Solman We've devoted a fair portion of our reporting over the past year to home ownership and foreclosure. Some of those stories ran again, with updates, during the last week of the year. Today comes the official tally for… Continue reading
Jan 12 Is the Fed a Scam? Name: Charles, San Francisco Question:The Fed Chairman and President Obama often complain that the banks are just not making enough private loans, while at the same time offering banks a strong incentive to buy risk-free T-Bonds with money borrowed from… Continue reading
Jan 12 Making Sen$e: Is the Fed a Scam? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's today's query: Name: Charles, San Francisco, Calif. The Fed Chairman and President Obama often… Continue reading
Jan 11 What IF the Banking System Failed? Name: Paul, El Cerrito, Calif. Question: I have been a dedicated viewer of your segments on the NewsHour for years. Unfortunately, even with your fine reporting, I am still confused about the ramifications of the financial meltdown in 2008. I… Continue reading
Jan 11 Making Sen$e: What IF the Banking System Failed? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's today's query: Name: Paul, El Cerrito, Calif. I have been a dedicated viewer of… Continue reading
Jan 10 Brown on California Budget Cuts: ‘Better to Take Our Medicine Now’ While the nation was transfixed by the tragedy in Tucson, California's new governor, Jerry Brown, announced Monday a plan that could dramatically alter the state's welfare, health care, education and other programs. In office only a… Continue reading
Jan 10 Moral AND Ethical to Strategically Default? Rounding out our series today, those of you considering strategic default might find particular encouragement from the web chat with law professor Brent White of the University of Arizona, who thinks it both legally and morally okay. "It's interesting… Continue reading
Jan 07 Watch Jobless Reading Holds Bright Spots, But Many Quit Searching Employers added 103,000 new jobs in December and unemployment dropped to 9.4%, but the recovery fell short of forecasts. Judy Woodruff looks behind the numbers with Catherine Mann of Brandeis University and John Challenger, CEO of Challenger, Gray & Christmas,… Continue watching
Jan 07 December’s Job Numbers: Do They Represent All Job Seekers? By Paul Solman I was all set to label our monthly post on the unemployment data "Hold Your Horses" or "Not So Fast," a warning not to overplay the apparently sizable drop in the official unemployment rate from 9.8 percent to 9.4. But… Continue reading
Jan 07 Today’s Job Numbers I was all set to label our monthly post on the unemployment data "Hold Your Horses" or "Not So Fast," a warning not to overplay the apparently sizable drop in the official unemployment rate from 9.8 percent to 9.4. But… Continue reading