Sep 06 Watch Mott's Strike Illustrates Labor Union Dilemma Amid an ailing economy, labor unions find themselves struggling to compromise with employers on wages and benefits. Paul Solman reports. Continue watching
Sep 06 Obama Details Infrastructure Plan, Slams GOP as 'Party of No' By News Desk President Obama announced his latest effort to kick-start the economy and create jobs on Monday: a $50 billion infrastructure proposal that would improve the nation's roads, railways and airport runways. The president announced the plan at a town-hall… Continue reading
Sep 06 Will Government Spending Lead to Inflation? Question: Roubini and Taleb may have gotten the crash right, but they apparently believe in letting the middle class do the penitence the banks refuse. I hope you intend to rectify this exaggerated debt fear with something from Paul Krugman,… Continue reading
Sep 06 10 Labor Day-Inspired Readings Happy Labor Day! Here's a roundup of some labor-inspired reading (and a slide show, too) on what -- we hope -- is your day off from work. Or if you're one of the 14.9 million unemployed Americans looking for… Continue reading
Sep 06 Africa Hopes to Close Broadband Gap Men surf the Internet at a cyber cafe in Abidjan, Ivory Coast. File photo by Sia Kambou/AFP/Getty Images. According to recent studies by the International Telecommunications Union, only 10.9 percent of Africa's population uses the Internet. By contrast,… Continue reading
Sep 06 Trumka: 'Stay Tuned' for Fall Congressional Action on Card Check By Quinn Bowman In the lead up to Labor Day, labor unions, a critical component of the Democratic Party's base, began to reveal their political plans for the fall campaign season. The AFL-CIO, for instance, promised again this Labor Day to activate its… Continue reading
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