Jul 15 Watch Financial Reform Clears Senate After More Than Year of Wrangling After countless battles and revisions, the financial reform bill passed the Senate Thursday on near-party line votes, with the help of a few Republicans who broke ranks. Continue watching
Jul 14 Haiti Aims to Move Residents Out of Tents, Back Into Habitable Homes By Talea Miller With 1.5 million Haitians still living in tent camps, international organizations and the government are struggling to find legally available land for new settlements and ways to decongest the existing camps. The government is now advising people who can return… Continue reading
Jul 14 More Thoughts on Cleveland and LeBron James Question: Paul, I saw your story on LeBron’s economic impact on the city of Cleveland. I thought you might be interested in seeing some other efforts that are aimed at keeping Lebron in town. Here is a link… Continue reading
Jul 14 Fed to Gulf Coast Banks: Help Those Hurt by the Spill By Chris Amico The Federal Reserve urged Gulf Coast banks Wednesday to help customers get through what is sure to be a tough road ahead economically due to the ongoing oil disaster. In response to this disaster, financial institutions can… Continue reading
Jul 14 Wednesday: BP Delays Test on New Cap; Eight Americans Killed in Afghanistan By Tom LeGro Oil continued to flow into the Gulf of Mexico on Wednesday as the plan to start slowly shutting off valves on the new cap over the well was suddenly halted. Government officials and BP said further analysis must… Continue reading
Jul 14 Watch News Wrap: Federal Reserve Lowers Economic Growth Forecast In other news Wednesday, the Federal Reserve said that its latest estimate for economic growth will not be as high as it predicted in April. Continue watching
Jul 13 Are Banks Carrying Overvalued Commercial Real Estate Loans? Question: I have read some comments that commercial real estate is the next bubble soon to burst. Are banks carrying overvalued loans on their books and the borrowers not being foreclosed on so that these banks will seem to be… Continue reading
Jul 13 Oil Spill, Day 84: The Cap Comes Down By Chris Amico BP locked down its new sealing cap -- "the 3 ram stack" -- around 7 p.m. CST last night and a new container ship connected to the ruptured Deepwater Horizon well an hour later, raising hopes that more oil --… Continue reading
Jul 13 Watch Around the Country, Economic Starts and Stops Gwen Ifill talks to PBS correspondents from New York, Virginia and California about the state of local economies. Continue watching
Jul 13 Watch News Wrap: BP Begins Testing New Oil Cap In other news Tuesday, BP began testing a new containment cap and the Obama administration unveiled a new strategy to combat the spread of HIV and AIDS in the U.S. Continue watching