Feb 09 Watch Greek Deficit Sends Financial Tremors Through EU The financial markets remain unstable as disagreement persists within the European Union about how to deal with swelling debt levels in Greece, Portugal and Spain. Jeffrey Brown talks to an economist for insight. Continue watching
Feb 08 Stand-up Economist Yoram Bauman Makes Money Funny By Business Desk Paul Solman: We've gotten such a great response to last week’s segment on comedy at the annual economics convention that we’d like to showcase a few more outtakes from stand-up economist Yoram Bauman’s routine. Enjoy. Continue reading
Feb 08 Goldman CEO Takes Home 'Modest' $9 Million Bonus; Thain Goes to CIT As the mid-Atlantic region was hunkering down for a massive winter storm Friday afternoon, Goldman Sachs and JPMorgan Chase ended weeks of speculation on Wall Street and announced their CEOs' bonuses: $9 million in stock for Goldman Sachs… Continue reading
Feb 05 Two Takes on Unemployment By Business Desk Paul Solman: Harry Truman may have longed for a one-handed economist, but it’s probably good that he didn’t get one. Economies, like weather systems, are simply too chaotic to make prediction — much less prescription — unambiguous. It should come… Continue reading
Feb 05 Breaking Down the Latest Jobless Numbers A mixed message on the jobless front today: The overall unemployment rate fell from 10 percent to 9.7 percent. But the Labor Department also released revisions to some monthly data from last year showing the economy has shed far more… Continue reading
Feb 05 Toyota's President Apologizes to Customers for Recall Worries Toyota's* president apologized Friday for problems that have led to millions of recalled vehicles worldwide, tarnished the automaker's reputation for safety and put the company "in crisis." "I would like to take this opportunity to apologize from the bottom… Continue reading
Feb 05 Unemployment Rate Drops to 9.7%, but 2009 Was Worse Than Reported Employers cut 20,000 jobs in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to the Labor Department's monthly report on Friday. The jobless rate was 10 percent in November and December. The… Continue reading
Feb 05 What Is Needed to Spur Job Creation? By Carolyn O'Hara With the unemployment level still hovering near double digits, the PBS NewsHour asked a handful of economists and small business owners for their thoughts on the one thing Washington should do to jumpstart job creation. Continue reading
Feb 05 Watch Jobless Rate Drops, but Fuller Recovery Still Appears Distant The economy shed 20,000 jobs in January, but there were new hopes of economic growth as the nation's unemployment rate ticked down to 9.7 percent. Jim Lehrer speaks with a pair of experts about the latest numbers, as well as… Continue watching
Feb 05 Watch News Wrap: Toyota President Apologizes for Recall In other news Friday, Toyota's president Akio Toyoda apologized for the brake problems that triggered a worldwide recall, and at least 40 people are dead in Iraq from two bomb blasts targeting Shi-ite pilgrims. Continue watching