Oct 22 Watch Stimulus Money Plows Through Tractor Country Ray Suarez speaks with Dante Chinni of the Patchwork Nation project about tracking federal stimulus money as it is dispersed through America. Continue watching
Oct 21 Obama: Small Businesses to Be Offered TARP Help By Carolyn O'Hara President Barack Obama unveiled plans Wednesday to shift government bailout efforts from Wall Street's banks to Main Street's small businesses by increasing lending and access to credit. Continue reading
Oct 21 What's the Difference Between a Recession and a Depression? Question: What is the difference between a recession and a depression? I have been out of work since last November. It seems like a depression for me. I worked for a civil/structural consulting engineering firm for the past 11 1/2… Continue reading
Oct 21 Watch Former Car Czar Rattner: No Reason GM Can't Succeed "People will start buying cars again," former car czar Steve Rattner tells Judy Woodruff. He also discusses ousting GM's CEO and how the auto industry will evolve. Continue watching
Oct 21 Watch Barofsky: TARP Program Fueled Public Distrust The biggest cost of the TARP program might be the public's distrust of the government, according to inspector general Neil Barofsky. Ray Suarez reports. Continue watching
Oct 21 Stimulus Bill Data Offer Glimpse of Effectiveness Americans and government watchdogs are getting their first glimpse at the results of the massive economic stimulus package heralded by President Barack Obama soon after taking office. Continue reading
Oct 20 How Can the Economy Be Growing While Unemployment Is Rising? Question: Your work on the economy is discussed at our dinner table, with my 15 and 16 year old sons, almost every night. You have made such a difference to our family in understanding the Global Economic Meltdown. My children… Continue reading
Oct 19 Retraining Workers Sounds Great. But For What Jobs? Question: Why does nobody discuss the fact that all the working and many middle class jobs have gone to China and the rest of Asia? Retrain workers — great — but retrain them for what? Paul Solman: You know… Continue reading
Oct 19 Arrests, Scrutiny Put Hedge Fund Sector on Edge The arrests of a prominent Wall Street hedge fund founder and five others on Friday have unsettled the hedge fund world and could spur calls for new rules governing the largely unregulated financial sector. Continue reading
Oct 16 Loan Losses Drive Down Bank of America Earnings Bank of America reported Friday that it lost more than $2.2 billion in the third quarter, largely due to loan defaults and credit card delinquencies. Continue reading