Feb 07 How Can My Family Protect Itself in Case of Total Economic Meltdown? 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 Monday's query: Name: Kimberly Foster Question: I am scared. My impression of our country's… Continue reading
Feb 07 How Can My Family Protect Itself in Case of Total Economic Meltdown? By Elizabeth Shell Name: Kimberly Foster Question: I am scared. My impression of our country's economic situation now is that we are bumping along the bottom of the ocean. Neither my husband nor I have any faith in this economy. What is also… Continue reading
Feb 07 Obama Faces the Opposition in Speech to Chamber of Commerce Updated 1:30 p.m. ET Originally posted 9 a.m. ET The U.S. Chamber of Commerce. Photo by Public Citizen via Flickr. It will be a very short trip across Lafayette Park Monday morning as President Obama makes… Continue reading
Feb 04 Watch What Clues Does 'Strange' Unemployment Report Hold? January unemployment numbers sent mixed signals for economic recovery. The jobless rate dipped to 9 percent, but a survey of businesses found only a net gain of 36,000 jobs last month. Jeffrey Brown assesses those numbers with New York Times… Continue watching
Feb 04 A Disjointed Jobs Report and U-7, Month Two By Paul Solman Today's unemployment data are a muddle. The two surveys - of individuals and of employers - seem to say very different things. Unemployment dropped - to 9 percent, according to the "household survey." Three cheers. But the "payroll… Continue reading
Feb 04 A Disjointed Jobs Report and U-7, Month Two By Elizabeth Shell Today's unemployment data are a muddle. The two surveys - of individuals and of employers - seem to say very different things. Unemployment dropped - to 9 percent, according to the "household survey." Three cheers. But the "payroll survey" reports… Continue reading
Feb 04 Watch Paul Solman and Hari Sreenivasan Talk Unemployment Paul talks about a much broader measure of unemployment: his own U-7. Continue watching
Feb 04 Unemployment Dips in January, Australia Cleans Up from Cyclone The unemployment rate fell by 0.4 percent from December, settling at 9 percent in January. According to the Bureau of Labor Statistics, 36,000 new jobs were added, the gains were the smallest in four months. Industries affected by… Continue reading
Feb 03 AIG and Credit Default Swaps: A Clarification 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: Merritt Dunn Question: Since the Treasury Department bailed out AIG and… Continue reading
Feb 03 AIG and Credit Default Swaps: A Clarification By Elizabeth Shell Name: Merritt Dunn Question: Since the Treasury Department bailed out AIG and AIG had underwritten a large number of credit default swaps (that I understand pay up if a certain percentage of mortgages in a portfolio go into foreclosure), then… Continue reading