Oct 14 Can We Identify Bills that Led to Deregulation Over the Past 30 Years? Question: I’m amazed that we have not seen an historical listing of the series of federal bills from Reagan’s administration, as well as Clinton’s and Bush II, that would identify a series of “deregulating” events that contributed to the current… Continue reading
Oct 14 Watch Wall Street Set for Record Payouts a Year After Crash Despite heightened scrutiny from both the public and regulators in the wake of the AIG bonus scandal, compensation on Wall Street is set for a record year in 2009. Jeffrey Brown reports. Continue watching
Oct 14 Retail Sales Up, but Auto Sales Sag Without 'Clunkers' By Dave Gustafson Retail sales for September fell by the largest amount this year, though most of the drop is attributed to cars sales plummeting at the end of the government's popular 'cash for clunkers' program. Continue reading
Oct 14 Watch Dow Closes Above 10,000 for First Time in a Year The Dow Jones industrial average closed Wednesday above 10,000 for the first time since Oct. 3, 2008. Ray Suarez speaks with a Washington Post reporter about the significance. Continue watching
Oct 14 Watch Cash Strapped California Towns Eye Tax Hikes for Medical Marijuana With budget woes causing cuts to essential services across California, several communities in the state are weighing whether to raise additional revenue through tax hikes on medical marijuana. Spencer Michels reports. Continue watching
Oct 13 What Is a Jobless Recovery? Question: You have talked about a jobless recovery. What does it mean? Paul Solman: Boy, have we ever! Indeed, we did a whole series on the so-called “jobless recovery” back in 2003, one of whose stories was our… Continue reading
Oct 12 Battle of the Stand-Up Economists By Business Desk Paul Solman: The NewsHour and then the Business Desk were, so far as we know, the first national stages for the self-professed “world’s first and only stand-up economist,” Yoram Bauman. We have henceforth taken what might be… Continue reading
Oct 09 Why Is the Price of Gold So High? Question: Why is the price of gold at a record high? And how does that affect the dollar? Paul Solman: Gold is denominated in dollars. So if gold goes up, it means the dollar has gone down, because it takes… Continue reading
Oct 08 Senate Committee Set for Health Reform Vote The Senate Finance Committee will vote Tuesday on a sweeping revamp of the U.S. health care system as the debate over President Barack Obama's top domestic policy enters a new stage. Continue reading
Oct 08 Will the New G-20 Eclipse the United Nations? Question: Your exuberance the other day in discussing the addition of several countries to the G-8 — now G-20 — led me to speculate whether the new G-20 could, in a real sense, eclipse the United Nations. Can the… Continue reading