May 11 Shanghai World Expo: Serious Business with a Side of Campy Fun World's fairs are fun. There, I've said it. Campy fun, perhaps, but fun all the same. Traditional music and native dress. Buildings that attempt to boil down the essence of a country's identity into a striking, but affordable structure. Continue reading
May 11 Even in Tough Times, Realtor Offers Helping Hand By Business Desk Editor's note: While reporting on the real estate crisis in Florida recently, Paul spoke with realtor Kevin Jarrett, who is about to lose his fourth home to foreclosure. What struck Paul was how even as Jarrett struggles with his own… Continue reading
May 10 Is Limited Purpose Banking Being Considered a Possible Reform? Question: Is ‘limited purpose banking’ an idea under consideration in the new financial reform legislation? Paul Solman: I assume you’re talking about Boston University economist Larry Kotlikoff’s notion of turning bank accounts into mutual funds, featured here recently. If… Continue reading
May 10 Markets React Positively to EU's $960 Billion Bailout Agreement After 11 hours of negotiations that stretched into early Monday, EU finance ministers have agreed to an enormous 750 billion euro (about U.S. $960 billion) bailout plan aimed at preventing the Greek financial crisis from spreading further into the… Continue reading
May 10 Monday: Obama to Pick Kagan for Supreme Court; Setbacks in Gulf Spill By Jason Breslow Former Supreme Court Justice Sandra Day O'Connor, left, gets the attention of Solicitor General Elena Kagan at a 2009 forum at Georgetown University Law Center. Photo by Chip Somodevilla/Getty Images. President Barack Obama on Monday is expected to nominate… Continue reading
May 10 Watch News Wrap: Bombings Mark Deadly Day in Iraq In other news Monday, at least 99 people were killed in a series of violent attacks across Iraq, with hundreds more wounded. Also, Gordon Brown agreed to step aside as Britain's prime minister in a bid to keep his party… Continue watching
May 10 Watch IMF Deputy Outlines European Bailout Package, What's Ahead for Spain, Portugal Gwen Ifill talks to John Lipsky, first deputy managing director of the International Monetary Fund, about the $1 trillion aid package to steady Greece and insulate other eurozone countries from a spreading debt crisis. Continue watching
May 09 How Much Oil Has Leaked Into the Gulf of Mexico? By Chris Amico, Vanessa Dennis View ticker with live video feed. Last updated 11 a.m. ET on May 27. Nobody knows for certain how much oil has leaked into the Gulf of Mexico since last month's oil rig explosion. What we do have… Continue reading
May 09 Dispatch From Alabama: Watching, Waiting for Impact of Oil Spill By Tom Bearden Correspondent Tom Bearden has been reporting from Louisiana and Alabama on the impact of the Gulf Coast oil spill and filed this dispatch for the Rundown. There's a new feature on the local TV weather forecast in Mobile, Ala.:… Continue reading
May 07 Analysts See Signs of Recovery in Latest Jobs Report Editor’s note: According to the latest jobs numbers released Friday, the U.S. economy added 290,000 jobs in April, a welcome sign that an economic recovery may be taking root. But the unemployment rate also rose to 9.9 percent. We asked… Continue reading