Aug 27 Watch FDIC Losing Money as Many More Banks Face Collapse The FDIC reported that its insurance fund shrank 20 percent in the second quarter. Jeffrey Brown speaks with a reporter and analyst about troubled banks. Continue watching
Aug 27 GDP Reading May Signal Stability for Economy By Anna Shoup The U.S. economy contracted only slightly in the second quarter with gross domestic product decreasing by an annual rate of 1 percent, another sign that the nation's economic situation could be stabilizing. Continue reading
Aug 26 Simon Johnson on Consumer Protection By Business Desk Editor’s note: Today’s segment in our continuing series of video conversations with economist Simon Johnson, author of the popular Baseline Scenario blog, focuses on the Obama administration’s plan to reform consumer protections for financial products. At one point,… Continue reading
Aug 26 Why Isn't Single Payer on the Table in the Health Care Debate? Question: I am the slightly nervous person who you interviewed recently on Broadway and 30th Street. We spoke briefly about jobs, the economy, and when and if the green shoots will sprout. I wanted to tell you that the… Continue reading
Aug 25 White House Projects U.S. Debt Will Nearly Double in Coming Decade Fallout from the recession is expected to drive up the government's budget deficit by $9 trillion over the next decade, $2 trillion higher than a May estimate, according to a report issued Tuesday by the White House. Continue reading
Aug 25 Simon Johnson on Bank Bonuses and 'Too Big to Fail' By Business Desk Editor’s note: The clip today in our continuing series of video conversations with economist Simon Johnson, author of the popular Baseline Scenario blog, which Paul Krugman calls a “must read,” concerns whether bank bonuses are deserved and whether… Continue reading
Aug 25 Obama Taps Bernanke for Second Term at Fed Ending speculation that he might appoint a new central bank chief, President Obama said he would nominate Fed Chairman Ben Bernanke for a second term Tuesday as the administration continues its efforts to stabilize the embattled U.S. economy. Continue reading
Aug 25 Watch Across the U.S., All Eyes on Health Reform, Economy At the end of an especially eventful August recess, Jeffrey Brown speaks with reporters and analysts from around the nation about how the economy and health care debates are shaping up. Continue watching
Aug 25 Watch As Bernanke Tapped for a Second Term, U.S. Deficits Appear Likely to Soar Judy Woodruff speaks with journalists about federal deficit projections and President Obama's nomination of Federal Reserve chief Ben Bernanke for a second term. Continue watching
Aug 24 Simon Johnson on Jobs in the Recovery By Business Desk Editor’s note: As part of our continuing series of video conversations with economist Simon Johnson, author of the popular Baseline Scenario blog, which Paul Krugman calls a “must read,” today’s clip features a discussion between Paul and Simon… Continue reading