Jan 18 The Answer to the Exchange Rate Debate: Chinese Inflation By Paul Solman The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday's broadcast, is that the rise… Continue reading
Jan 18 The Answer to the Exchange Rate Debate: Chinese Inflation By Elizabeth Shell The Chinese currency debate has developed a new twist in recent months: Chinese inflation. The argument, made by Columbia University economics professor Geng Xiao in an updated story of ours running on Tuesday's broadcast, is that the rise in… Continue reading
Jan 17 Desolate Detroit- The Forsaken City For a city that was once electrified by Motown, the auto industry and nearly two million people, much of Detroit has now been resigned to dereliction. While pockets of growth and refurbishment spring up across the city, more than 60,000… Continue reading
Jan 17 Promises, Promises: The Public Pension Pinch By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Sharon McDonnell Question: I am so very sorry we do not have a… Continue reading
Jan 14 What Worries Economists in 2011: From Lower Housing Prices To a Crisis in Europe This will not come as news to our Twitter followers (tweetees?), but we spent last weekend at the annual economics convention, held this year in Denver. Every January we buttonhole economists of various stripes and political persuasions to… Continue reading
Jan 14 What Worries Economists in 2011: From Lower Housing Prices To a Crisis in Europe This will not come as news to our Twitter followers (tweetees?), but we spent last weekend at the annual economics convention, held this year in Denver. Every January we buttonhole economists of various stripes and political persuasions to pose… Continue reading
Jan 13 More Than One Million Homes Foreclosed on in 2010 We've devoted a fair portion of our reporting over the past year to home ownership and foreclosure. Some of those stories ran again, with updates, during the last week of the year. Today comes the official tally for 2010:… Continue reading
Jan 13 More Than One Million Homes Foreclosed on in 2010 By Paul Solman We've devoted a fair portion of our reporting over the past year to home ownership and foreclosure. Some of those stories ran again, with updates, during the last week of the year. Today comes the official tally for… Continue reading
Jan 12 Is the Fed a Scam? Name: Charles, San Francisco Question:The Fed Chairman and President Obama often complain that the banks are just not making enough private loans, while at the same time offering banks a strong incentive to buy risk-free T-Bonds with money borrowed from… Continue reading
Jan 12 Making Sen$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