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
Sep 03 The Morning Line: Van Hollen: Tax Cuts for Rich 'Can Be Part of the Mix in the Very Short Term' By Terence Burlij The man charged with saving the Democratic majority in the House seems to be providing an opening on a short-term extension for the Bush tax cuts targeted at the wealthiest two percent of Americans. "We know from economists on… Continue reading
Sep 03 Watch Pride Prevalent, but Wounded, at Louisiana Shrimp and Oil Festival Even after the BP oil spill all but canceled this year's shrimp harvest in the Gulf of Mexico, the 75th Annual Shrimp and Petroleum Festival in Morgan City, Louisiana, is proceeding full-steam ahead.Pride Prevalent, But Wounded at Louisiana Shrimp and… Continue watching
Sep 02 BP Removes Cap From Well, Moves Toward Final Well Kill BP engineers on Thursday removed the cap that first stopped the blown-out Macondo oil well from spewing oil and gas back in mid-July. The removal brings BP one step closer to permanently killing the well, which has… Continue reading
Sep 02 Which Countries are Doing a Good Job Managing Their Economies? Question: Please name some countries who seem to be doing a good job of managing their economies and social programs. What are they doing right and what can we learn from them? Paul Solman: Superb question. But what does “good… Continue reading
Sep 02 In Hampton Roads, a Military Bastion Meets 'Austerity' By Dante Chinni What the military giveth, the military can taketh away. It's not a happy lesson, but it is one that many Military Bastions, counties around armed services installations, have learned in the recent years through rounds of base closings. Continue reading
Sep 02 Another Gulf Oil Rig Explodes; 13 Workers Rescued By News Desk Updated 5:11 p.m. ET | Another offshore oil rig has exploded in the Gulf of Mexico, sending 13 workers into the water. After initial reports of a 100-foot-wide oil sheen and at least one worker injury, Coast Guard said Thursday… Continue reading
Sep 01 A Useful Refinancing Calculator Paul Solman: With all the hullabaloo about low interest rates and refinancing of mortgages, I’d been looking around for reliable refinancing calculators on the Web and have found one with an excellent pedigree. It’s the product of a well-known… Continue reading