Nov 11 Ask the FDIC's Sheila Bair Your Questions Paul Solman: We’re interviewing Sheila Bair, head of the Federal Deposit Insurance Corporation, this Friday. And she’s agreed to answer your questions as well as mine. Her answers will be posted here on the Business Desk in a special… Continue reading
Nov 11 Student Questions: Measuring the Economy & Stimulus Editor’s note: This week, the Business Desk will feature questions from students in three high schools around the country. Question: How is the economy measured? — Alex, senior, Judge Memorial Catholic High School, Salt Lake City, Utah (pictured right,… Continue reading
Nov 11 Watch States' Budget Woes Threaten Broad Economic Recovery With the national economy beginning to see glimmers of a comeback, the budget woes of at least 10 states threaten to derail a broad economic recovery. Gwen Ifill reports. Continue watching
Nov 11 Watch Fed's Regulatory Powers Challenged Under Senate Plan More than a year after the economic crisis hit, legislators continue to work on how to reform financial regulation and stave off a future crisis. The latest proposal comes from Sen. Chris Dodd of the Senate finance committee. Financial experts… Continue watching
Nov 10 Competing Senate, House Financial Reform Bills Differ Over Fed's Role Senate Banking Committee Chairman Chris Dodd, D-Conn., unveiled legislation Tuesday that would dramatically reform how U.S. banks are regulated. The bill differs from legislation moving through the House of Representatives on several key issues. Continue reading
Nov 10 How Will the Downturn Affect the Gambling Economy? Question: Will the downturn in the economy have a lasting effect on the Las Vegas gambling economy? I am a “low roller” and even I am receiving many free offers for rooms in Las Vegas. Paul Solman: Let’s hope so. Continue reading
Nov 09 Student Questions: Is the Recession Over? Editor’s note: This week, the Business Desk will feature questions from students in three high schools around the country. Question: Because of the current economic conditions are we going to experience deflation or inflation in the future? —… Continue reading
Nov 09 Watch News Wrap: G-20 Stimulus Pledge Boosts Markets In other news, the Dow Jones industrial average closed at a 13-month high after G-20 nations pledged to continue stimulus efforts, and Iraq set a date for national elections. Continue watching
Nov 06 Watch Unemployment Hits 26-Year High Despite Economic Growth The U.S. Labor Department announced that unemployment jumped to over 10 percent on Friday, the highest it's been since 1983. Jeffrey Brown talks to an economist for more. Continue watching