Jan 27 Country Crooner Merle Hazard Sings the Recession Blues By Paul Solman Merle Hazard, who calls himself the “first and only country singer to write about mortgage-backed securities, derivatives, and physics,” provides the soundtrack to our segment Wednesday night about whether the Fed’s interest rate policies will drive us toward inflation… Continue reading
Jan 27 Geithner Faces Tough Questioning Over AIG On Capitol Hill to testify at a House committee hearing about his role in the bailout of AIG, Treasury Secretary Timothy Geithner defended government actions to rescue the insurance giant as "in the best interests of the American people," but… Continue reading
Jan 27 Wednesday’s Headline: Obama to Focus on Economy in State of the Union President Barack Obama will deliver his first State of the Union address Wednesday night to a nation and Congress that have become increasingly frustrated and concerned with the foundering economy and health care reform. In his speech, scheduled for 9… Continue reading
Jan 27 Watch News Wrap: Davos Meeting Focuses on Big Banks In other news, reigning in big banks led the agenda at the annual economic forum in Davos, Switzerland, while in London world leaders met to map out a strategy for fighting extremism in Yemen. Continue watching
Jan 27 Watch Unmasking Interest Rates, Honky-Tonk Style In the latest installment in his series of reports making sense of financial news, Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard. Continue watching
Jan 27 Watch Toyota Halts Sales Amid Renewed Safety Fears In an unprecedented move caused by faulty gas pedals, Toyota has halted the sale and production of eight of its top-selling models. Judy Woodruff reports. Continue watching
Jan 26 Business, Environmental Coalition Among Players Pushing for Climate Change Bill By Judy Woodruff We’re starting a series of conversations here on the Rundown about where climate change legislation stands in Congress. Among the players: A large consortium of American corporations and environmental groups, who are pushing Congress to adapt new laws to regulate… Continue reading
Jan 26 Home Prices Up Slightly in November Case and Shiller, the economists of the fabled Standard & Poor's/Case-Shiller Housing Index, appear together for the first time on the NewsHour tonight, taking us all on a tour of Atlanta, Ga., and its housing woes. Continue reading
Jan 26 At Factory in Haiti, Garment Work Becomes Lifeline By Ray Suarez Here's a crash course in Haitian economics: Stores in the country's biggest city are closed, and don't appear ready to open very soon. Their employees and the employees of thousands of enterprises around the city haven't been to work… Continue reading
Jan 26 Home Prices Up Slightly in November Paul Solman: Case and Shiller, the economists of the fabled Standard & Poor’s/Case-Shiller Housing Index, appear together for the first time on the NewsHour Tuesday night, taking us all on a tour of Atlanta, Georgia, and its housing woes. Continue reading