Mar 05 Watch News Wrap: Jobless Claims Boost Confidence on Wall Street In other news Friday, positive unemployment numbers from Labor Department helped Wall Street rally, and General Motors announced it will reinstate 600 dealerships it had planned to close. Continue watching
Mar 05 Watch Unemployment Rate Holds Steady, but Minorities Still Worse Off The nation's unemployment rate held steady at 9.7 percent in February, but jobless rates for blacks and Latinos remain high. Judy Woodruff talks to two financial and policy experts about the disparity. Continue watching
Mar 04 Citigroup's Pandit: We Owe Taxpayers 'Debt of Gratitude' Citigroup's CEO Vikram Pandit appeared before the congressional TARP watchdog Thursday and said American taxpayers still hold 27 percent of Citi's common stock, and "we look forward to helping them realize value on that investment." The bank, which he… Continue reading
Mar 04 Has the Stimulus Been Effective? Question: I read Robert Barro’s analysis of the net effectiveness of stimulus spending recently in the Wall Street Journal and clearly he concludes it’s not. Why is there not more public debate about this? What’s not being said?… Continue reading
Mar 03 Should the Government Encourage More Americans to Purchases Treasuries? Question: I have a question about servicing the national debt. Would it make economic sense for the federal government to encourage more Americans to purchase Treasury instruments, thereby returning huge interest payments to our economy instead of paying foreign governments?… Continue reading
Mar 03 Watch Incumbent Texas Gov. Perry Rides High in GOP Primary In Texas, Gov. Rick Perry edged out Sen. Kay Bailey Hutchison to win the state's three-way Republican gubernatorial primary on Tuesday. Gwen Ifill talks to a political expert from the University of Texas at Austin about the general election ahead. Continue watching
Mar 03 Watch News Wrap: Iraq Bombings Kill 32, Days Ahead of Vote In other news Wednesday, three suicide bombings in Iraq killed at least 32 people, just four days before national elections, and President Obama signed a stop-gap extension of jobless benefits after a budget impasse in the Senate. Continue watching
Mar 02 Postal Service Moves to End Saturday Delivery Neither snow nor rain will stop the mail, but red ink might. Facing as much as $238 billion in losses over the next decade, the Postal Service announced Tuesday it will move to scale back its delivery schedule to five… Continue reading
Mar 02 Ford Outsells GM for the First Time Since 1998 Ford Motor Company announced Tuesday a 43 percent increase in U.S. sales of light-vehicles for February versus a year ago, edging out rival GM, which posted a 12 percent gain for the month. It is the first time Ford… Continue reading
Mar 02 Was Social Security Doomed From Its Inception? Question: Was Social Security doomed from its inception as it began by paying benefits to a generation that had never put anything into the fund? Paul Solman: No. It is a pay-as-you-go system, meaning future generations pay for current retirees. Continue reading