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
Nov 06 Freelancers Lack Safety Net When Jobs Are Scarce By Business Desk Editor’s note: Tonight on the NewsHour, Paul explores the changing nature of work in a tough economy: Companies may be shedding jobs left and right, but they are increasingly looking for short-term employees to provide work they still need to… Continue reading
Nov 06 U.S. Jobless Rate Hits 10.2%, Highest in 26 Years U.S. unemployment rose more than expected to a 26-year high of 10.2 percent, shedding 190,000 jobs in October, according to figures released by the Department of Labor Friday. Continue reading
Nov 05 Watch Obama Expected to Sign Extended Unemployment Benefits, Homebuyer Credit The House voted overwhelmingly Thursday to extend aid to jobless workers and offer tax breaks to homebuyers. President Obama was expected to sign the measure on Friday. Ray Suarez reports. Continue watching
Nov 05 Watch Other News: Stocks Rally on Falling Jobless Claims In other news, falling weekly jobless claims contributed to a Wall Street rally, and there are new warning signs that the U.S. might be facing a shortage of the seasonal flu vaccine. Continue watching