Apr 06 Removing Risk Taking from the Banking Industry Editor’s Note: On the NewsHour tonight, leaders of the Move Your Money movement explain why they think Americans should move their money from large “too-big-to-fail” banks to small community institutions. “I hope it sends a warning to the big… Continue reading
Apr 06 Economist Advocates Removing Risk Taking from the Banking Industry Editor's note: On the NewsHour tonight, leaders of the "Move Your Money" movement explain why they think Americans should move their money from large "too-big-to-fail" banks to small community institutions. "I hope it sends a warning to the big… Continue reading
Apr 06 Tuesday: Mine Rescue Hampered by Fumes; 49 Dead in Baghdad Bombings A truck passes a sign Tuesday morning in Whitesville, W.Va., near the explosion at the Massey Energy Company's Upper Big Branch Coal Mine. (Photo by Matt Sullivan/Getty Images.) Unsafe levels of toxic gases forced rescue teams in West Virginia… Continue reading
Apr 06 Watch Should Consumers Move Their Money From Megabanks to Smaller Banks? In the latest in a series of reports making sense of the economy, Paul Solman explores the differences for consumers between small community banks and the "too-big-to-fail" financial giants. Continue watching
Apr 05 iPad Roundup: What the Bloggers Have Said So Far Senior correspondent Jeffrey Brown takes the NewsHour's new iPad for a spin on the set. Photo by Kate Gardiner. Sixty-five days after it was announced, the iPad went on sale Saturday, selling more than 300,000 units… Continue reading
Apr 05 Silicon Valley Story: Applied Materials Executive Relocating to China By Spencer Michels SAN FRANCISCO | Silicon Valley is looking deeply inward and finding things are not as they were. The valley, where firms like Google, Apple, Intel and Applied Materials have their headquarters, is losing steam and perhaps the innovative spirit… Continue reading
Apr 05 Watch News Wrap: U.S. Expresses Concerns Over Karzai's Taliban Remarks In other news Monday, the Obama administration voiced continuing concerns over relations with Afghanistan's President Hamid Karzai, and gunman in Iraq killed a Shiite family of six on the heels of a violent weekend in Baghdad. Continue watching
Apr 02 Patchwork Nation: Unemployment Rate Stories From Very Different Places By Anna Shoup A lot of economic numbers and letters have been flying around this recession: unemployment rates, foreclosure rates, and L-, U- and W-shaped recessions. Patchwork Nation even has its own Economic Hardship Index. On Friday, the March unemployment report… Continue reading
Apr 02 U.S. Adds 162,000 Jobs; Unemployment Rate Remains 9.7% Khalifah Varnado reads employment information at a job expo in Arizona earlier this week. (Photo by Joshua Lott/Getty Images.) The U.S. economy showed signs of life in March as employers added the most workers to their payrolls in three… Continue reading
Apr 02 Watch Florida Struggles to Keep Up With Demands on Unemployment System In the latest in a series of reports making sense of the economy, Paul Solman examines troubles for both those receiving and those paying for jobless benefits in Florida, where jobless rates are the sixth highest in the country. Continue watching