Mar 08 Ray Suarez: Peru Making Gains Despite Global Economic Crisis By Talea Miller Just back from a reporting trip to Peru, Ray Suarez sat down with Hari Sreenivasan to share his observations of the South American country, which is experiencing economic growth despite the global recession. He previews his upcoming series on Peru's… Continue reading
Mar 08 The Best Economics Book I've Read Recently Paul Solman: The most memorable book of the past month or so has been Yale historian Adam Tooze’s Wages of Destruction, an economic history of the Third Reich. Many striking facts — such as that the Volkswagen Beetle, ordered… Continue reading
Mar 08 Watch Greek Budget Crisis Could Stagnate U.S. Recovery As Greece seeks support of its plan to bring its finances back from the brink of collapse, there are fears the weakening euro could impact the U.S. in its own economic recovery. Judy Woodruff talks to Greek Prime Minister George… Continue watching
Mar 08 Watch Slighted Car Dealers Take Fight to Colorado Legislature Car dealers are struggling to stay open, even though manufacturers GM and Chrysler have rescinded plans to close hundreds of dealerships across the U.S. Tom Bearden reports on how dealers in Colorado are fighting for survival at the state level. Continue watching
Mar 08 Watch Greece Seeks Washington's Support to Curtail Market Speculation Greece's Prime Minister George Papandreou visited Washington and several other nations this week to ask for support cracking down on speculative trading to help Athens employ reforms to help its budget crisis. Continue watching
Mar 05 Spending Big for an Oscar By Hari Sreenivasan The Oscar race this year, like most years - recession or not, has a lot to do with money: big-budget films up against small independent releases, and deep-pocketed studios ready to spend big to win Oscars, hoping awards will give… Continue reading
Mar 05 Are Financial Institutions Exempt from Antitrust Laws? Question: Given the current size and concentration of financial activities in the hands of few financial institutions, wouldn’t antitrust laws apply to their activities? Are financial institutions exempt from anti-trust laws? Paul Solman: No, they’re not. But remember, the government… Continue reading
Mar 05 For Many Part-Timers, Underemployment Is a Full-Time Concern By Maureen Hoch Since the start of the recession, more Americans have been thrust into part-time work either due to economic concerns or because they can't pin down a full-time job. Continue reading
Mar 05 Latest U.S. Unemployment Report 'Better than We Feared' By Carolyn O'Hara With the unemployment rate holding steady in Friday's jobs report, we turned to Joel Naroff, founder and president of the consulting firm Naroff Economic Advisors, for a deeper look at the numbers and the health of the overall… Continue reading
Mar 05 Friday's Headlines: Jobless Rate Holds at 9.7%; Obama Presses for Health Bill The U.S. unemployment rate remained unchanged at 9.7 percent in February, as employers cut a smaller than expected 36,000 jobs, the Labor Department said Friday. The report also revised job loss figures for December and January to show 35,000 fewer… Continue reading