Jun 14 Obama: 'Things Are Going to Return to Normal' for Gulf Region Workers clean oil off the beach in Grand Isle, La. (Photo: Spencer Platt/Getty Images) Updated 4:51 p.m. ET | President Barack Obama struck an optimistic tone over the ongoing oil disaster Monday afternoon, saying that "things are going to… Continue reading
Jun 11 Shields and Brooks: Is California's Election Reform a Good Idea? By Hari Sreenivasan New York Times columnist David Brooks and, eventually, syndicated columnist Mark Shields, joined us on the Rundown Friday to discuss the effects of President Obama's stimulus plan, California Gov. Arnold Schwarzenegger's Proposition 14 election reform and the NBA Finals. Continue reading
Jun 11 BP Aims to Double Capture of Leaking Oil by Mid-July A day after a the federal government doubled its estimate of the amount of oil flowing into the Gulf of Mexico, Coast Guard Adm. Thad Allen outlined BP's plan to raise its capacity to capture and process more… Continue reading
Jun 11 Is it Time for a Resurgence of the Austrian School of Economics? Question: Hello Paul! Do you ever plan to present the ideas of economists that adhere to the Austrian School of Economics (Students of Von Hayek or Von Mises)? Their understanding of the nature and causes of the business cyle… Continue reading
Jun 11 Friday: Obama Administration Requests White House Meeting With BP Execs Updated at 2 p.m. ET In a press conference Friday, U.S. Coast Guard Adm. Thad Allen said that BP will seek to nearly double its oil-collecting ability by mid-July. On questions around the newly revised estimates on the amount of… Continue reading
Jun 10 BP Says It Will Speed Up Payments for Gulf Businesses, Workers BP will speed up its claims payments to the shrimpers, fisherman, business owners and others affected by the Gulf coast oil spill, government officials said Thursday. The company will change its practice of waiting to… Continue reading
Jun 10 Paul Solman: How Do Oil Imports and 'Oil Independence' Intersect? By Paul Solman This entry is cross-posted on the Business Desk blog, where economics correspondent Paul Solman answers your questions on economic news. Question: I'm befuddled by the "oil independence" movement that is neatly summarized by the slogan "drill baby drill." This… Continue reading
Jun 10 Is Oil Drilling in the U.S. Necessary for 'Oil Independence'? Question: I’m befuddled by the “oil independence” movement that is neatly summarized by the slogan “drill baby drill.” This somehow tries to persuade the nation that foreign oil is the enemy. I believe that the vast majority of our foreign… Continue reading
Jun 10 Watch News Wrap: Army Admits Mismanagement at Arlington Cemetery In other news Thursday, a report indicated that some of the nation's military dead may have been misidentified or misplaced at Arlington National Cemetery, and an American servicemember was killed in Afghanistan, marking the 20th U.S. death there this month. Continue watching
Jun 09 Economics and Emily Dickinson Paul Solman: As longtime viewers of the NewsHour may recall, our economics team has very occasionally ventured off the beaten beat to cover other issues. When headed to New York last week for an upcoming story, we found ourselves within… Continue reading