Mar 10 Oversight for Thriving Payday Lending Unclear in Financial Reform Sen. Bob Corker, R-Tenn., is denying that payday lenders will receive an exemption in financial reform legislation being crafted in the Senate, refuting reports that he has been pressing the Senate Banking Committee to "scale back substantially"… Continue reading
Mar 10 Millennials Face a Dark Economic Present, but See a Bright Future If there was any doubt that the recession has had a big impact on Americans who are 18 to 29 years old, two national polls done in January and February shed new light on the issue. According to… Continue reading
Mar 09 Pentagon Weighs In on Consumer Protections By Carolyn O'Hara The Pentagon has thrown its hat into the ring over a new consumer protection agency. Politico reports Tuesday that military leaders want a consumer watchdog to oversee auto dealers and prevent them from making predatory sales to servicemembers. The… Continue reading
Mar 09 Shiller: The Best Econ Books I've Read Recently This week, we are running guest posts from some of our favorite economists about the best economics book they’ve read in recent months. Robert Shiller: I have two books here, that came out in the last couple months with similar… Continue reading
Mar 08 Colorado Moves to Steer Aid Toward Closed Car Dealers A lot of new car dealers have been looking for other work in the past year in the wake of the bankruptcies of General Motors and Chrysler. In Denver, GM told several local dealers to start winding down their… Continue reading
Mar 08 EU Considers European Monetary Fund to Help Countries Like Greece By Carolyn O'Hara Greece is preparing for a fresh round of strikes and protests this week, after the government unveiled a $6.5 billion austerity program that includes a sales tax hike, cuts in benefits and salaries for the public sector, and… Continue reading
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