Sep 03 Watch Stress, Burnout Taking Toll on Many Still in U.S. Workforce As part of his ongoing series of reports on Making Sense of financial news, Paul Solman's reports how economic woes aren't just hard on the unemployed. As the recession drags on, many of those who are employed say they're overworked… Continue watching
Sep 03 Watch Romer: Stimulus Was Effective; Economy Could Have Used More Help The outgoing head of the president's Council of Economic Advisers, Christina Romer, speaks with Judy Woodruff on her last day at the White House about the administration's efforts to revive the economy, why she said the stimulus was a good… Continue watching
Sep 03 Watch Jobs Report for August Gives Mixed Reading for U.S. Economy The August jobs report released Friday showed that the private sector added 67,000 jobs but jobless numbers still remain grim with the U.S. unemployment rate rising slightly to 9.6 percent. All the while, President Obama urges the public to be… Continue watching
Sep 03 Karzai Urges Calm Over Kabul Bank Woes Nervous Afghanis are rushing to withdraw money from Afghanistan's largest bank following the resignation of two top executives and allegations of mismanagement and corruption. The New York Times reported this week Kabul Bank's losses could exceed $300 million, an… Continue reading
Sep 03 For Maryland Public Defender, Economic Crisis Means More Work Editor’s Note: On Friday’s NewsHour, Paul Solman looks at the issue of worker burnout as a side effect of the recession. As companies have reduced their workforce, the remaining employees are having to do more with less. Below, Maryland public… Continue reading
Sep 03 Louisiana Shrimp, Petroleum Festival Draws Attention Amid Oil Woes MORGAN CITY, La. | Some people might find it odd that this city near Louisiana's southern coast has a Shrimp and Petroleum Festival. Somehow the two don't seem to go together. But some local citizens get a bit… Continue reading
Sep 03 Track Hurricane Earl's Atlantic Journey Kellie Maier kayaks Friday on water-covered Highway 12 in Kill Devil Hills, N.C. (Photo by Mark Wilson/Getty Images) Hurricane Earl continued to churn along the East Coast Friday, heading north from North Carolina and expected to reach southeastern Massachusetts… Continue reading
Sep 03 Paul Solman Explains: How Is a Jobless Recovery Possible? By Paul Solman On a day when new jobs numbers indicate that U.S. unemployment is continuing to edge up, Paul Solman answers a viewer question on the Business Desk about how it's possible to have a jobless recovery. Name: Mohammad Khan… Continue reading
Sep 03 How is a "Jobless Recovery" Possible? Question: I have a hard time understanding “Jobless Recovery.” If there are few jobs and businesses are suffering, how are the Wall Street indicators (DJIA etc.) recovering from lows just two years ago? Paul… Continue reading
Sep 03 August Job Numbers Show Economy Still in a Funk Updated 3:00p.m.ET President Obama called Friday's jobs numbers evidence that the "economy is moving in a positive direction" but that more work was needed. Find a transcript and video here. Posted 9:30a.m.ET The unemployment report for August released… Continue reading