Dec 20 In Cuba, Questions About Economic Change Persist By Ray Suarez Ray Suarez's three-part Cuba series begins Monday night on the NewsHour. When I returned from Cuba recently, I was struck by the intense level of curiosity about the place, and the air of mystery the United States trade embargo and… Continue reading
Dec 20 Watch Cubans Grapple With Challenges, Promises of Economic Change Ray Suarez and the NewsHour Global Health Unit kick off a three-part series from Cuba with a report from Havana on how the country's economy is adapting to the gradual economic reforms of President Raul Castro -- while maintaining a… Continue watching
Dec 17 Madoff Settlement Will Bring Over $7 Billion Back to Victims By Murrey Jacobson DetectFlashDecision_Blog('news01s465fqff1', 'Lcu3bs1RibI', '29'); In what has turned out to be the largest civil forfeiture case in United States history, the widow of a wealthy investor and philanthropist, who was also a friend of Bernard Madoff, is returning $7.2… Continue reading
Dec 17 President Obama Signs Tax Cut Extension into Law President Obama signs bipartisan tax legislation that extends tax cuts signed by former President George W. Bush and renews benefits for the unemployed during a ceremony on Dec. 17, 2010. (Saul Loeb/AFP/Getty Images) President Obama signed $858 billion tax… Continue reading
Dec 17 EU Backs Long-Term Debt Management, Richardson in Meetings in North Korea In light of recent financial crises in the European Union, including in Greece, Spain and Ireland, EU leaders agreed to an amendment -- yet to be ratified by the 27 member states -- that would install a bailout… Continue reading
Dec 17 Tax Cut Deal Passes in Late-Night Vote, Heads to President Obama House Majority Leader Steny Hoyer speaks to reporters Thursday at the Capitol. Photo by Brendan Smialowski/Getty Images. At 11:59 p.m. EST Thursday, moments before the House's consideration of President Obama's $858 billion tax cut package was about to… Continue reading
Dec 16 Foreclosure Reading Shows Some Good News, But Brace for 2011 In the three years since the great American housing collapse became a big story, there is good news to report. The numbers are down. But maybe not for long. The latest home foreclosure data from RealtyTrac show that… Continue reading
Dec 16 Will the U.S. Follow Europe's Austerity Lead? By Paul Solman Paul Solman answers questions from the NewsHour audience on business and economic news most days on his Making Sen$e page. Here's Thursday's query: Name: Sharon McDonnell Question: Paul, I apologize if I missed a step in the… Continue reading
Dec 15 On Wednesday's NewsHour: BP Sued, CEOs Meet Obama, Afghan Intel BP LAWSUIT| The Justice Department filed a major lawsuit against BP and eight other companies involved in the Gulf oil spill disaster. Ray Suarez has more. OBAMA URGES COMPANIES TO HIRE | President Obama invited top business executives to a… Continue reading
Dec 15 DOJ Sues BP, Transocean Over Gulf Oil Spill By News Desk A pelican rests on an oil retention boom on July 25, 2010 near Grand Isle, Louisiana. Photo by Mario Tama/Getty Images. Attorney General Eric Holder and EPA Administrator Lisa P. Jackson announced a major lawsuit against BP, Transocean and other… Continue reading