Sep 30 Thursday: AIG to Repay Government; Pakistan Blocks NATO Supply Route AIG said Thursday it has reached a deal to repay the Federal Reserve Bank of New York billions of dollars it received during the credit crisis. The plan announced Thursday could return a sizable profit to taxpayers. The… Continue reading
Sep 30 Watch Rural Transit Options Sought in Miss. Despite 'Welfare on Wheels' Criticism One Mississippi community is using stimulus money to bring mass transit to rural areas around the clock. Special correspondent Miles O'Brien of has our "Blueprint America" series report. Continue watching
Sep 29 Update | Round Two in the Lehman Art Auction By Paul Solman The Lehman art auction, part II, took place today at Christie's in London. Several works we covered in our popular slide show sampler of the auction -- Lucian (grandson of Sigmund) Freud's portrait etching and Gary Hume's "Madonna" --… Continue reading
Sep 29 Watch Former Labor Secretary Reich: Bush-Era Tax Cuts 'Hurt Quite a Lot' In the last of the series of conversations about whether to extend Bush-era tax cuts for any, all or some Americans, Robert Reich, who served as secretary of labor in the Clinton administration, explains why he believes they should not… Continue watching
Sep 29 Watch Release of Fisherman Reflects China's Rising Economic, Military Power Over the weekend, China flexed its economic and military power when Japan gave into demands by releasing a trawler captain. Margaret Warner examines China's growing assertiveness in the region. Continue watching
Sep 29 In Europe, Protesters Rail Against Budget Cuts By Larisa Epatko Tens of thousands of protesters marched Wednesday in Brussels and trade unions planned strikes in Spain over planned austerity measures that are aimed at preventing an economic crisis in Europe, though critics say they would harm the poor. Continue reading
Sep 29 Is Life Expectancy Changing Due to Our Terrible Economy? Name: Curt Carpenter Two questions: 1. Does the economic disaster of the last two years show up in our demographic data yet? (Life expectancies, birth rates and so on.) 2. What would a real economic collapse in the U.S. Continue reading
Sep 29 Wednesday: In Europe, Terror Plot Uncovered, Anti-Austerity Protests British police officers on patrol in London on Wednesday. Photo by Ben Stansall/AFP/Getty Images. Security officials is Europe say a terror plot to wage a shooting spree in Britain, France and Germany is still a threat and authorities are… Continue reading
Sep 28 On The No-Brainer Issue of Owning a Home Paul Solman: Since the 70s, it’s been a no-brainer. Buy or rent? Buy, of course. You’ll be making an investment instead of just paying off some landlord. And besides, you’ll get an income tax break on the money you borrow… Continue reading
Sep 28 Watch Recession Ushers in Widest Income Inequality Gap on Record The U.S. now has the greatest disparity between the rich and the poor within Western industrialized countries, new Census data show. Timothy Noah of Slate magazine and Howard University professor Roderick Harrison looks at the growing income gap in America. Continue watching