Jul 28 U.S. Home Prices Rise Slightly, Consumer Confidence Drops Again By Carolyn O'Hara A key measure of the housing market shows that U.S. home prices rose slightly in May, posting the first monthly increase since the summer of 2006. Meanwhile, consumer confidence continued to decline, according to another closely watched measurement. Continue reading
Jul 28 Tales From the Fed: Blinder on the Fallout from Lehman's Failure By Business Desk Paul Solman: All this week, we’re posting excerpts of interviews we did with former Fed officials on the economic crisis and the Fed’s evolving role in the economy. The series is in conjunction with the NewsHour’s hour-long public forum… Continue reading
Jul 28 Thaler Responds to Posner on Consumer Protection Paul Solman: Earlier this month, I was pleased to learn that one of the most intriguing economists of my career span, the University of Chicago’s Richard Thaler, had entered the rotation of the… Continue reading
Jul 27 Watch With Trade Hub History, K.C. a Crossroads for Commerce Economics correspondent Paul Solman explores Kansas City, Mo., home to one of 12 regional Federal Reserve banks and a crossroads for the U.S. economy. Continue watching
Jul 27 Watch Bernanke Reflects on Fed's Aggressive Actions In the first of a three-part discussion, Fed Chairman Ben Bernanke warned that jobless rates may continue to rise and discussed his fears of another Great Depression. Continue watching
Jul 27 Tales From the Fed: Rivlin on the Perfect Storm By Business Desk Paul Solman: In preparation for our NewsHour event with Ben Bernanke in Kansas City last night, we interviewed a variety of former Fed officials to discuss the past, present, and future of the central bank. Two especially intriguing interviewees… Continue reading
Jul 27 Bernanke Reflects on Fed's Actions in Forum In a forum on the Fed's role in the handling of the economic crisis and recovery, Federal Reserve Chairman Ben Bernanke reflected on his desire not to be the Fed chief who "presided over the second Great Depression."… Continue reading
Jul 27 Watch At Forum, Bernanke Defends Fed's Aggressive Moves At a forum in Kansas City, Mo., Federal Reserve Chairman Ben Bernanke discussed the central bank's actions in handling the economic crisis, saying he did not want to be the Fed chief who "presided over the second Great Depression." Here… Continue watching
Jul 27 Watch Other News: New Home Sales Surge 11% in June In other news, new home sales leapt 11 percent in June, the largest monthly gain in nearly nine years, and the U.S. warned Iran it could face tough sanctions if it rejects talks on its nuclear program. Continue watching
Jul 24 Should the Government Set Up a National Lottery? Question: No one wants to pay higher taxes. But at the same time, many people don’t think twice about spending a few dollars a week on a lottery ticket. Why doesn’t the government set up a National Lottery to supplement… Continue reading