Jan 12 Across the U.S., a ‘Volatile Situation’ for States’ Budgets By Hari Sreenivasan On tonight's NewsHour, we're examining the budget crisis in state capitals across the country, focusing on New York, Colorado, Louisiana, Oklahoma, Idaho and, of course, California. For an overview of the budget crisis facing many states, we spoke with… Continue reading
Jan 12 Should We Cut Taxes in this Economic Climate? Question: Since the beginning of the Reagan revolution, there has been a strong effort at state and local levels by both Republicans and Democrats to cut taxes in order to spur economic growth. Given the fact that many state governments… Continue reading
Jan 12 Andrew Moore: ‘Detroit Disassembled’ An exhibition of photographs by Andrew Moore is on display at the Yancey Richardson Gallery in New York that captures the lost world of Detroit -- abandoned auto plants taken over by plants, burned out high schools frozen in time. Continue reading
Jan 12 Tuesday’s Headlines: Federal Reserve Made Record Profit in 2009 UPDATED 12:57 p.m. ET What bad economy? The Federal Reserve posted record profits in 2009, positioning itself to return $46.1 billion to the U.S. Treasury, the central bank announced Tuesday. According to an analysis this morning in… Continue reading
Jan 12 Watch Detroit Carmakers Look to Expand Reach Across Globe Gwen Ifill looks at how Detroit's "Big Three" carmakers plan to expand into markets such as China. Continue watching
Jan 12 Watch Automobile Industry on the Road to Recovery? In Detroit, automakers hope to lure customers back into showrooms with new models and better financing options. Are consumers ready?… Continue watching
Jan 12 Watch States Grapple with Tight Budgets, Growing Deficits As legislators return to work after the holidays, a troubling picture is emerging in almost every state in the nation. Budget woes and big deficits will mean tough decisions for lawmakers. Jeffrey Brown reports. Continue watching
Jan 12 Watch Obama Administration Eyes Tax Hikes for Bailout Banks Word trickled down that the federal government will impose tax hikes on major financial institutions. Judy Woodruff speaks with experts about what this could mean for the economy. Continue watching
Jan 11 Obama Weighs Bank Fee to Repay Bailout, Cut Deficit The Obama administration is considering levying a new fee on financial institutions to help reduce the federal deficit and to recoup taxpayer dollars used to finance the $700 billion bank rescue. According to a report first published by… Continue reading
Jan 11 Which Econ Textbooks Are the Most Popular? Question: How would one find out what upper division macro-econ textbooks have been used in the last decade, which are used currently or are planned for use in the coming year(s) at the big shot departments of economics in the… Continue reading