Jun 03 Watch Detroit Feels Ripple Effects From GM's Bankruptcy Economics correspondent Paul Solman talks to Detroit residents about the "collateral damage," or ripple effects, from General Motors' bankruptcy filing earlier in the week. Continue watching
Jun 03 Watch Other News: Fed Chairman Warns of Rising U.S. Deficits In other news, Federal Reserve Chairman Ben Bernanke warned of the detrimental effects of long-term soaring deficits, and the Brazilian military found more wreckage from an Air France jetliner that disappeared over the Atlantic Ocean Sunday. Continue watching
Jun 03 Smart Design for a Complicated Crisis A short and simple story of the credit crisis? Do you have 11 minutes? That's how long it takes designer Jonathan Jarvis to break down one of the most complicated financial news stories of the year in his video, "The… Continue reading
Jun 03 Manufacturing Declines in St. Louis; Financial Industry Looks Promising By Anna Shoup While Detroit gets most of the attention as the center of the American auto industry, the St. Louis area, which had prided itself in being the largest auto manufacturer outside of Detroit, is also taking a big hit. Continue reading
Jun 03 Familiar with Unemployment, Edgecombe County Weathers Recession By Rob Holliday, UNC-TV Unemployment rates of 8 percent and higher are uncharted territory for most communities across the nation, but in Edgecombe County, N.C., those sorts of numbers are familiar ground. Continue reading
Jun 03 Obama Seeks Saudi King's Counsel on Eve of Address to Muslim World By PBS News Hour President Barack Obama began his latest effort to open a dialogue with the Muslim world with a visit to King Abdullah of Saudi Arabia on Wednesday. Continue reading
Jun 03 What's the Collateral Damage of GM's Bankruptcy? Question: What’s the collateral damage or ripple effects of GM’s bankruptcy? Paul Solman: Funny you should ask. We’re in the process of scripting a brief story for tonight’s NewsHour addressing this very question. (Brief for us, that is: For the… Continue reading
Jun 02 Watch Political Stakes High in GM Bankruptcy Plan The political stakes are high for the Obama administration in guiding General Motors into bankruptcy -- and allowing the government to take a majority stake in the company. Analysts examine the political and economic implications of the decisions. Continue watching
Jun 02 Watch GM Making New Plans Under Reorganization One day after General Motors filed for bankruptcy, the company is poised to sell its Hummer brand and make other changes as it attempts to reorganize itself. Jeffrey Brown reports. Continue watching
Jun 02 Geithner in China: How Is China Weathering the Economic Crisis? By Business Desk Question: How is China weathering the economic crisis? And does China want to remain the United States’ largest creditor? Paul Solman: With Treasury Secretary Tim Geithner in Beijing for the past few days, the financial world has been watching and… Continue reading