Jul 08 Unexpected Economic Consequences in Arizona's Immigration Law By Dante Chinni No one doubted Arizona's new immigration law was going to have far-reaching repercussions - in areas ranging from law enforcement to unemployment. But as its implementation date approaches, some communities in the state are feeling new pains where their… Continue reading
Jul 07 How Can China Control the Exchange Rate for Its Currency? Question: I’d like to understand the mechanics behind how China will allow their currency to appreciate against the dollar. How will they do this? What will they stop doing? There are numerous articles about the politics and impacts of this… Continue reading
Jul 07 In Louisiana, 'Toxic Trailers' Return to House Oil Workers A resident of New Orleans' Lower Ninth Ward mows his lawn in front of a FEMA trailer in 2006. (Photo by Justin Sullivan/Getty Images) It was just a couple of weeks ago when I looked out the window of… Continue reading
Jul 07 Ray Suarez: Returning to the Scene of the Quake in Haiti By Ray Suarez Haitian washes clothes in tent camp. Photo by Thony Belizaire/AFP/Getty Images When I left Haiti in February, just three weeks after the earthquake that took 250,000 lives, I knew I would have to come back. The destruction had been so… Continue reading
Jul 07 Watch France Deliberates Financial Reforms in Face of European Debt Crisis As part of his ongoing series of reports on making sense of economic news, Paul Solman speaks with French Finance Minister Christine Lagarde about the European debt crisis, as France examines new calls for austerity and reforming its retirement system. Continue watching
Jul 06 Geithner: Scars of Financial Crisis Continue to Linger By News Desk Treasury Secretary Timothy Geithner told Jim Lehrer in a newsmaker interview Tuesday that scars of the financial crisis are continuing to drag on the economy but said steps taken by the administration helped stabilize business conditions and home prices. _pap_embed_custom('news01s413bqf06',482,304,"");… Continue reading
Jul 06 Paul Solman: In Greece, Underground Economy Fuels Financial Crisis By Paul Solman Paul Solman is reporting from Europe this week about economic woes abroad and tough choices those problems pose. This entry is cross posted on his Business Desk page. My travels have taken me to France to talk with the… Continue reading
Jul 06 Oil Spill Update: Skimming Efforts Falling Short By Chris Amico Skimming efforts haven't proven nearly as effective at removing oil from the Gulf of Mexico as BP told federal regulators just before the Deepwater Horizon exploded, the Washington Post reports: In a March report that was not questioned by… Continue reading
Jul 06 In Greece, Underground Economy Fuels Financial Crisis Editor’s Note: Paul Solman is reporting from Europe this week about the economic problems there and the tough choices ahead. Paul Solman: I’m heading to France to talk with the Finance Minister Christine Lagarde — champion synchronized swimmer back when,… Continue reading
Jul 06 Watch As Economy Jitters Persist, Geithner 'Confident We're Going to Continue to Grow' Concerns about the economic recovery lingered on Wall Street as the service industry grew at a slower rate than expected last month. Jim Lehrer talks with Treasury Secretary Timothy Geithner about the state of the U.S. economy, a tough housing… Continue watching