Jan 12 Watch Obama Administration Eyes Tax Hikes for Bailout Banks Word trickled down that the federal government will impose tax hikes on major financial institutions. Judy Woodruff speaks with experts about what this could mean for the economy. Continue watching
Jan 11 Obama Weighs Bank Fee to Repay Bailout, Cut Deficit The Obama administration is considering levying a new fee on financial institutions to help reduce the federal deficit and to recoup taxpayer dollars used to finance the $700 billion bank rescue. According to a report first published by… Continue reading
Jan 11 Which Econ Textbooks Are the Most Popular? Question: How would one find out what upper division macro-econ textbooks have been used in the last decade, which are used currently or are planned for use in the coming year(s) at the big shot departments of economics in the… Continue reading
Jan 08 California's Budget on the Brink, Again California's budget crisis has turned another page. Gov. Arnold Schwarzenegger declared another budget emergency and called a special legislative session Friday morning, announcing a spending plan that would cut pay for state workers, slash services and seek help from… Continue reading
Jan 08 Are the Jobless Finding Jobs? Given that Friday marked the first unemployment number of the new decade, or technically the last one of the old, we thought we'd contact some of the jobless we've interviewed over the past year and see how they're faring. Continue reading
Jan 08 Watch Jobless Rate Holds Steady, Dashing Hopes for Speedy Recovery The U.S. economy shed 85,000 jobs in December, keeping the unemployment rate at 10 percent and dampening the outlook for a quick economic recovery. Continue watching
Jan 08 NYT's Leonhardt: Unemployment Figures 'Worse Than Expected' By Hari Sreenivasan After news today that the U.S. unemployment rate held steady around 10 percent in December, we spoke with New York Times columnist David Leonhardt of the Economix blog for more context on the numbers: _pap_embed_custom('news01s385dqce7',482,304,"");… Continue reading
Jan 08 Where Are They Now: Are the Jobless Finding Jobs? Paul Solman: Given that today marked the first unemployment number of the new decade, or the last one of the old, we thought we’d contact some of the jobless we’ve interviewed over the past year and see how they’re… Continue reading
Jan 08 Friday's Headlines: U.S. Loses 85,000 Jobs, Unemployment Rate Holds at 10% The U.S. unemployment rate remained steady at 10 percent for the second straight month, according to a report from the Labor Department. Although that might signal some economic stability, U.S. employers cut 85,000 jobs in December, suggesting that broader… Continue reading
Jan 08 Watch News Wrap: Stocks Muted on Weak Job Numbers In other news, stocks rose slightly Friday despite news that the economy shed 85,000 jobs in December, and the FBI arrested two men suspected of planning terror attacks in New York. Continue watching