Nov 04 Watch News Wrap: Qantas Plane Shoots Flames During Flight, Lands Safely In other news Thursday, Australian airline Qantas grounded its fleet of Airbus A-380s after one of them blew an engine mid-flight. The plane, which was carrying 459 passengers, made an emergency landing safely in Singapore. Continue watching
Nov 04 Midterm Election Pitted Keynesians vs. Hayekians, Again By Paul Solman This entry is cross-posted on the Making Sen$e page, where correspondent Paul Solman answers your economic and business questions "It's the economy, stupid." (Bill Clinton, 1992) "Are you better off now than you were four years ago?" (Ronald Reagan,… Continue reading
Nov 04 Economic Theory -- And Jim Lehrer -- in Song By Elizabeth Shell You know baby, in the years I've been your central banker We've done a lot of overnight repo lending And it's been good, it's been so good But the economic situation has gotten serious now And baby, one night just… Continue reading
Nov 04 Haiti Bracing for Tropical Storm; Jobless Claims Rise; Qantas Grounds A380s After Flames Shoot from Plane A red flag at a relocation camp in Port-au-Prince warns Haitians of approaching Tropical Storm Tomas. Photo by Spencer Platt/Getty Images. The Haitian government has called for the voluntary evacuation of all its earthquake zone camps ahead of… Continue reading
Nov 03 Watch Fed Announces $600 Billion Economic Stimulus In an effort to boost the slow economic recovery, the Federal Reserve announced a bold move to buy $600 billion more in government bonds by the middle of next year. Jeffrey Brown talks to David Wessel of The Wall Street… Continue watching
Nov 03 Midterm Election Pitted Keynesians Vs. Hayekians, Again "It's the economy, stupid." Bill Clinton, 1992 "Are you better off now than you were four years ago?" Ronald Reagan, 1980 "Defeat the New Deal and its reckless spending."Alf Landon, 1936 "Hoover we trusted, now we're busted." FDR campaign,… Continue reading
Nov 03 Fed to Engage in Second Round of Quantitative Easing The Fed wants you to stop saving and start spending. That's the takeaway from today's Federal Reserve announcement, in which Chairman Ben Bernanke, as expected, announced that the Fed will be investing hundreds of billions of dollars to… Continue reading
Nov 03 A Lighter Look at Campaign Ads in a Record-Breaking Midterm Race By Elizabeth Shell Just a few hours ago, polls across the country closed, election races were called, and the most expensive mid-term election cycle in U.S. history came to an end. And the television and radio airwaves will no longer be deluged with… Continue reading
Nov 03 Wednesday: Fed Meets Over Stimulus; Greece Suspends Airmail Due to Bombs By Larisa Epatko The Federal Reserve is expected to meet Wednesday afternoon over plans to stimulate the economy, pushing stock futures up slightly as investors await the Fed's moves. Continue reading
Nov 01 A Side Note on Herbal Supplements By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Dick Levinson Question: While I admire your intelligence and integrity, your… Continue reading