Feb 17 How Can the Unemployment Rate Go Down if Jobs Are Still Lost? Question: C-Span reports that in January, the unemployment rate declined by 0.3 percent, yet also that 20,000 jobs were lost. If jobs were lost how could the unemployment rate decline? Paul Solman: Technically, it actually… Continue reading
Feb 17 Wednesday Headlines: Stimulus Act Turns 1; Obama to Create Debt Panel One year and $787 billion later, Wednesday marks the first anniversary of the American Recovery and Reinvestment Act, otherwise known as the stimulus. To highlight the occasion, the Obama administration is gearing up for a public relations blitz… Continue reading
Feb 17 Watch Former Regulator Talks Fraud and the Big Bank Getaway Paul Solman sits down with former bank regulator and author Bill Black as part of his continuing series of reports examining bank reform and the future of Wall Street. Continue watching
Feb 17 Watch News Wrap: Toyota Considering Corolla Recall In other news Wednesday, Toyota is considering a recall of its best-selling Corolla model after complaints of steering problems. Also, NATO troops in Afghanistan continued their offensive against the Taliban resistance in the southern town of Marjah. Continue watching
Feb 17 Watch One Year Later, Stimulus Appears to Yield Mixed Results President Barack Obama touted the one-year-old stimulus legislation for continuing to create jobs, even as many Americans question the potency of the recovery. Jeffrey Brown speaks with John Cochrane of the University of Chicago and Lawrence Mishel, president of the… Continue watching
Feb 16 Greece Faces EU Deadlines on Debt and Swaps EU finance ministers have given Greece a one month deadline to demonstrate that it is making dramatic cuts to its budget, and just days to provide more information on the country's use of currency swaps to potentially hide… Continue reading
Feb 16 How Does the Current Deficit Compare to Past Deficits? Question: How does the current deficit compare to past deficits as related to the economy as a whole? Is this really a historically large deficit when adjusted for inflation? How different is it really, especially when you consider huge executive… Continue reading
Feb 16 Watch In Cairo's Trash City, School Teaches Reading, Recycling For generations, the Zabaleen people have hauled away Cairo's refuse and lived on the fringes of society. But thanks to an enterprising recycling school, the poor and mostly illiterate inhabitants of "Trash City" are receiving education and job training for… Continue watching
Feb 16 Watch Greece Faces Debt Deadlines as Financial Markets Watch the EU Greece has one month to take urgent measures to rein in its debt problems and less time to share information about its currency swaps, EU finance ministers said Tuesday. Jeffrey Brown talks to finance experts Scheherazad Rehman and Simon Johnson. Continue watching
Feb 16 Watch News Wrap: Iran Threatens Reprisal for Nuclear Sanctions In other news Tuesday, Iranian President Mahmoud Ahmadinejad warned that Tehran would swiftly counter any new sanctions placed against it and Russia joined the U.S. and France to urge Iran to stop enriching uranium. Continue watching