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
Jul 05 Reporter's Notebook: One-on-One in Houston With BP's Bob Dudley By Ray Suarez Ever since our hour-long, live-streaming interview with BP executive Bob Dudley last week, which featured questions from the public submitted via YouTube and Google, people have been asking me questions about how the conversation unfolded and the… Continue reading
Jul 05 Across Patchwork Nation, Harsh Economic Realities Hit Home By Dante Chinni For those hoping for a quick economic turnaround, the last few weeks have been a cold splash of water in the face. A string of bad housing reports and bad unemployment news have even optimistic economic forecasters… Continue reading
Jul 05 Monday: BP's Costs Reach $3 Billion; Petraeus Takes Over in Afghanistan By Tom LeGro An oil spill cleanup crew works on July 4 in Pass Christian, Mississippi. Photo by Joe Raedle/Getty Images. BP's costs for the Gulf of Mexico oil spill disaster has reached just over $3 billion for capping the well, cleanup… Continue reading
Jul 02 Watch Alabama's Oiled Beach Towns Brace for Big Tourist Season Losses As the remnants of Hurricane Alex dissipated over Mexico, a bigger influx of crude from the churning waves washed onto Gulf shores. Correspondent Tom Bearden reports from Alabama, where beaches and nearby businesses now sit nearly empty. Continue watching