Oct 21 Why Not Use Financial Revenues to Pay Down the National Debt? 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: Missy Rodey Question: Paul - I understand that about 50 percent… Continue reading
Oct 21 A Closer Look at Herbal Supplements UPDATE | Oct. 22, 2010 from Paul Solman: Apologies to all who know biology: this story identified A,C,G and T as AMINO acids. They’re… Continue reading
Oct 21 Toyota Recall Affects Lexus and Avalon Models According to Toyota, there maybe a problem with the brake master cylinder cup in nearly 1.5 million of its vehicles around the world. Without getting too technical, if you have the problem, you'll notice your brakes feel a bit… Continue reading
Oct 21 Why Not Use Financial Revenues to Pay Down the National Debt? Name: Missy Rodey Question: Paul – I understand that about 50 percent of U.S. revenues are generated through financial services. Can these revenues be used to pay down the national debt, or is such payment dependent upon industrial production? Paul… Continue reading
Oct 21 Thursday's Art Notes In today's arts and culture headlines, the arts are not escaping historic government spending cuts in Britain as Arts Council England is having its budget cut by almost 30 percent. Continue reading
Oct 20 Watch UK Rolls Out Austerity Cuts 'Not Seen for Generations' Gary Gibbon of Independent Television News reports on Britain's decision to dramatically cut the budget to tackle the country's mounting deficit. Continue watching
Oct 20 Watch Boston Firm Offers Homeowners a Second Chance After Foreclosure For those who have lost a home they could have afforded at market rate, Boston Community Capital offers an avenue to regain ownership. Paul Solman reports. Continue watching
Oct 20 Watch News Wrap: Sarkozy Seeks to Reopen Refineries as Protests Drain Gas Stations In other news Wednesday, French President Nicolas Sarkozy made orders for riot police to clear blockades from the country's oil refineries while more gas stations ran dry due to protests. Union members also blocked access to several airports causing flight… Continue watching
Oct 20 Nonprofit Bank Buys Foreclosed Homes, Then Sells Them Back to Former Owners By Paul Solman // We have the third installment of our Making Sen$e foreclosure series on Wednesday's NewsHour. The focus: Boston Community Capital, a privately and publicly funded "community development finance institution." In this web video exclusive, we talk to… Continue reading
Oct 20 Watch HUD Secretary Donovan on Foreclosure Snags: 'This is Not a Systemic Problem' Housing and Urban Development Secretary Shaun Donovan discusses Obama administration efforts to combat major problems with foreclosures. Donovan says the government is reviewing concerns that some banks did not comply with FHA requirements before evicting homeowners. Continue watching