Sep 14 Obama Urges Sweeping Overhaul of Financial Regulation By Carolyn O'Hara A year after the collapse of Lehman Brothers set off one of the toughest weeks in Wall Street's history, President Barack Obama delivered a speech Monday outlining "the most ambitious overhaul of the financial system since the Great Depression."… Continue reading
Sep 14 Reporting the Crisis By Business Desk Paul Solman: This week marks the anniversary of the collapse of Lehman Brothers and one of the most extraordinarily tumultuous weeks Wall Street has ever had. So, in reflecting on those events and the subsequent year, I thought I’d offer… Continue reading
Sep 11 If the FDIC Asks for More Credit from Treasury, What Happens to Inflation? Question: With the FDIC’s funds diminishing, what are the chances it will tap its credit line to the Treasury? And what does that mean for inflation? Paul Solman: The more the… Continue reading
Sep 10 Watch Even in Tough Times, Innovation Flourishes Despite the recession, one Boston-based company is creating new technology that could redefine the auto industry. Continue watching
Sep 10 Watch Other News: White House Says Stimulus Has Saved 1 Million Jobs In other news, White House economic advisers reported Thursday that stimulus efforts have already created or saved more than 1 million jobs. Also, the Labor Department reported that first time unemployment claims fell last week. Continue watching
Sep 10 Presidential Heckling Quite Rare, Historian Says South Carolina Rep. Joe Wilson's interruption of President Obama's address to Congress Wednesday night was a rare instance of presidential heckling, but it was not the first. Historian Richard Norton Smith discusses past instances and the context. Continue reading
Sep 10 How Can I Preserve, Protect, and Grow My Savings? Question: How should 65-year-olds be preserving their finances in order to make it to 90 without going into the poor house? We’ve lost a big chunk in the market; the savings we have is getting no interest. How can we… Continue reading
Sep 10 U.S. Poverty Rising, Family Incomes Fall The poverty rate increased in 2008 to its highest point since 1997 and median household income declined 3.6 percent as the effects of the recession set in, according to new census data released Thursday. Continue reading
Sep 09 Full Text: GOP Response to Obama Reform Speech Following is the text of Louisiana Rep. Charles Boustany's GOP response to President Obama's health reform address to a joint session of Congress Wednesday, as distributed to news organizations. Continue reading
Sep 09 Wednesday on the NewsHour: Beatlemania By Arts Desk Wednesday on the NewsHour, Jeffrey Brown talks to Tim Riley, a contributing music critic for NPR, about the release of the Beatles Remastered. Earlier Wednesday, Michelle Steele of Bloomberg News gave the business angle on the Beatles' releases. Continue reading