Aug 24 Watch Popular ‘Cash for Clunkers’ Program Winds Down The government is ending its popular 'Cash for Clunkers' program two months early due to dwindling funds. Jeffrey Brown speaks with an automotive journalist about its impact on the auto industry and the economy. Continue watching
Aug 23 Correction to Friday’s Segment on Inflation Paul Solman: On Friday night’s program, in a story on inflation (you can see the clip below), I reported the following: “The traditional measure of inflation, the Consumer Price Index, is DOWN over the… Continue reading
Aug 21 Simon Johnson on the Falling Dollar By Business Desk Editor’s Note: This week, we’re featuring video conversations with Simon Johnson, former chief economist at the IMF, now at the Peterson Institute and MIT, and author of… Continue reading
Aug 21 Taking a Lesson from Cash for Clunkers, Why Don’t We Recycle Old Cars? Question: With the success of the cash for clunkers program coupled with all of the auto plants that had to close this past year, why doesn’t the auto industry, the government, or some young entrepreneur reopen some of these plants… Continue reading
Aug 21 Watch Reviving the Economy Tests Convential Views on Inflation With the economy showing hints of a recovery, the threat of inflation is testing policy makers at the Federal Reserve as they work to determine how quickly to unwind emergency moves taken during the height of the financial crisis. Paul… Continue watching
Aug 21 Watch Fed Chairman Upbeat on Prospects for Economy Ben Bernanke offered a hopeful forecast for the U.S. economy Friday, saying "prospects for a return to growth in the near term appear good." Economists weigh in on the outlook. Continue watching
Aug 21 Bernanke: U.S. Economy Poised for Recovery By Carolyn O'Hara Federal Reserve Chairman Ben Bernanke offered an optimistic assessment of the U.S. economy's chances for recovery Friday in a much-anticipated speech to fellow central bankers and top economists. Continue reading
Aug 20 Watch Tougher Credit Card Rules Offer New Consumer Guards New rules for credit card companies took effect Thursday, the first in a series of measures designed to protect consumers from changes to the terms of their card agreements. Jeffrey Brown gets perspective from a consumer advocate and a banking… Continue watching
Aug 20 Simon Johnson on Economic Green Shoots By Business Desk Editor’s Note: For the next week, we’ll be featuring video conversations here on the Business Desk with one of our favorite economists, Simon Johnson, former chief economist at the IMF, now at the… Continue reading
Aug 20 Is GDP a Good Metric for Gauging Economic Health? Question: Do you consider GDP a realistic metric for gauging economic health and prosperity? I have some skepticism because two of the three main factors are consumer and government spending, and both can be… Continue reading