Nov 27 Watch Dubai's Debt Crisis Shakes World Economy The Middle East is roiling with news that Dubai will postpone repaying $60 billion in loans to international banks. Faisal Islam of Independent Television News has the story. Continue watching
Nov 26 Student Questions: The Recession and the Middle Class Editor’s note: This week, the Business Desk continues to feature questions from students in three high schools around the country. Question: What can the average middle class person do to improve their finances during a recession? — Melissa, senior,… Continue reading
Nov 25 Conversation: T.J. Stiles, National Book Award Winner for Nonfiction The winner of this year's National Book Award for nonfiction tells the story of Cornelius "Commodore" Vanderbilt, who rose from humble means to amass a vast fortune, build the country's largest fleet of steamships and control a railroad empire. Continue reading
Nov 25 Jobs Claims Down, Hopeful Economic News on America's Heaviest Travel Day By Travis Daub The number of people seeking unemployment insurance for the first time fell to its lowest point since September 2008, the Labor Department reported Wednesday. Continue reading
Nov 25 Student Questions: A Global Currency and Getting Out of a Recession Editor’s note: This week, the Business Desk continues to feature questions from students in three high schools around the country. Question: Would the world economy be better if all countries used the same currency? — Kevin, senior, Carle Place… Continue reading
Nov 25 Watch Dollar's Weakness Inspires Modern-day Gold Rush As part of his series Making Sense of the financial crisis, Paul Solman looks at how the dollar's weakness has spurred a new gold rush. Continue watching
Nov 24 Watch Military Debt Protection Could Hold Lessons for Congress, Consumers By PBS News Hour Continue watching
Nov 24 Report: 23% of Mortgaged Homes 'Underwater' The number of U.S. homes worth less than the mortgages owed on them reached 10.7 million, or 23 percent of all mortgaged homes, in the third quarter, according to a new report. Continue reading
Nov 24 Student Questions: Obama's Economic Policies Editor’s note: This week, the Business Desk continues to feature questions from students in three high schools around the country. Question: What changes has President Obama made to American economic policy? — Anthony, senior, Carle Place High School, Carle… Continue reading
Nov 23 Exactly Who Is the FDIC? Question: Exactly who is the FDIC? Who sits on the board? Who do they answer to? What crystal ball do they use to make their decisions? What authority, if any, do they have over… Continue reading