Mar 19 Reimagining Nanotechnology By Business Desk Editor’s note: On Friday’s NewsHour, Paul speaks to Felice Frankel and George Whitesides, authors of an extraordinary new book, No Small Matter: Science on the Nanoscale. Frankel and Whitesides bring the virtually invisible world of nanotech to life… Continue reading
Mar 17 Miller Center Debate: Does the U.S. Need More Grads? Editor’s note: Paul recently moderated a Miller Center debate on whether the United States must dramatically increase its number of college-educated citizens to remain a leading economic power. Former Secretary of Education Margaret Spellings and Michael Lomax, president of… Continue reading
Mar 17 From the Archive: The Fed and the Financial Crisis Editor’s note: Over at the Rundown, we’re watching Fed Chairman Ben Bernanke’s appearance on the Hill today to defend the Fed’s ability to oversee banks of all sizes — a role that could be altered significantly under financial… Continue reading
Mar 17 Bernanke to Defend Fed's Oversight Powers Fed Chairman Ben Bernanke will defend the central bank's ability to oversee small and large banks alike in an appearance before the House Financial Services Committee Wednesday, according to prepared testimony. Bernanke's position takes on financial reform legislation unveiled… Continue reading
Mar 16 Fed Holds Key Interest Rate Near Zero The Federal Reserve repeated its pledge on Tuesday to hold its key interest rate near zero "for an extended period." In a statement, the central bank said, "Information received since the Federal Open Market Committee met in January suggests… Continue reading
Mar 16 Geithner Profile: 'A Creature of Washington' By Carolyn O'Hara Treasury Secretary Tim Geithner is on the Hill before a House committee Tuesday to testify about the budget and economy. Geithner will also be making the media rounds to plug Sen. Dodd's financial reform bill that was unveiled… Continue reading
Mar 16 Peru: Growth in a Time of Recession By Ray Suarez Old Peru: bloated state sector, runaway borrowing, hyperinflation, presided over by President Alan Garcia. New Peru: trimmed-down state sector, privatization, solid currency, presided over by President Alan Garcia. Peru was once a stereotypical victim of multiple Latin American diseases. Poorly… Continue reading
Mar 16 Watch News Wrap: Fed Keeps Interest Rate Low In other news Tuesday, the Federal Reserve kept interest rates low and gave an optimistic view of the economy and Honda launched a recall on several vehicle models because of brake problems. Continue watching
Mar 16 Watch GOP: Financial Reform Bill Needs Closer Look The Senate Banking Committee is considering a new plan for regulating large banks and financial firms and the amount of risk they assume. Judy Woodruff talks to the committee's top Republican, Sen. Richard Shelby of Alabama, about why Republicans want… Continue watching
Mar 16 Watch Payday Lenders Face Increasing Scrutiny Starting off a two-part look at plans to overhaul the nation's financial industries, Ray Suarez reports on the call for more regulation of payday lenders. These businesses have been criticized for preying on the poor by offering short-term, high-interest loans. Continue watching