Jun 16 Does Studying Economics Make You Republican? Paul Solman: There’s a fascinating post up on the New York Times economics blog that touches on a question explored first, as far as I know, by the great Cornell economist Robert Frank with collaborators Tom Gilovich and Dennis Regan. Continue reading
Jun 16 BP, Obama Agree on $20 Billion Fund for Oil Leak Claims By News Desk President Obama and BP agreed Wednesday on a $20 billion fund to compensate victims of the oil leak damaging the Gulf Coast's environment and economies. BP Chairman Carl-Henric Svanberg apologized to Americans for the worst spill in U.S. history… Continue reading
Jun 16 Is Gulf Disaster a Political Problem for Obama? Yes, But Not Everywhere By Dante Chinni Somewhere in the 50-plus days that raw crude has been spewing from a hole in the floor of the ocean, the Gulf oil spill became a political problem for the White House. But the problems for the president aren't the… Continue reading
Jun 16 Ask Roubini and Taleb Your Questions on Stimulus Spending, U.S. Debt By Paul Solman Back in 2006, economist Nouriel Roubini and scholar Nassim Taleb shared some words of warning about the state of the financial and housing markets. On Tuesday night's NewsHour, we spoke with both of them again… Continue reading
Jun 16 Wednesday: President Obama to Meet With BP Executives for First Time By Tom LeGro People at a bar in Grand Isle, Louisiana, watch President Barack Obama's address to the nation about the oil spill disaster. Photo by Spencer Platt/Getty Images. President Obama will meet with BP executives at the White House on Wednesday,… Continue reading
Jun 15 Shields and Brooks: Will Obama's Oil Disaster Speech Change Minds? By News Desk After President Obama's Oval Office address on the ongoing Gulf disaster, columnists Mark Shields and David Brooks joined Judy Woodruff to review the substance of the primetime speech. "I thought the windup was stronger than the pitch," Shields said. Continue reading
Jun 15 Full Video: President Obama's Oval Office Address on Gulf Oil Disaster By News Desk Watch all of President Obama's Oval Office address on the federal response to the ongoing Gulf Coast oil leak disaster: // Also, make sure to check out analysis and opinion from a variety of experts in Obama's Annotated… Continue reading
Jun 15 Q&A: Ask Roubini and Taleb Your Questions on Stimulus Spending, U.S. Debt Back in 2006, economist Nouriel Roubini and scholar Nassim Taleb shared some words of warning about the state of the financial and housing markets. On Tuesday night's NewsHour, we speak with both of them again… Continue reading
Jun 15 Oil Execs Grilled Over Spill Readiness; Fire Delays Containment Effort *Updated 4:47 p.m. ET *| BP PLC spokesman Bill Salvin told The Associated Press Tuesday afternoon that a drillship resumed capturing oil about five hours after a fire caused an emergency shutdown. He said there was no damage reported… Continue reading
Jun 15 Watch Economists Examine Potential for Longer Recession As part of his ongoing series of reports making sense of economic news, Paul Solman checks back in with two economists who remain pessimistic about the chances of an economic recovery to discuss recent market volatility and the possibility of… Continue watching