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
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