Apr 16 Housing Market Continues to Stumble By PBS News Hour New home starts fell more than 10 percent in March, according to new government numbers released Thursday, while foreclosures surged 24 percent in the first quarter of the year. Continue reading
Apr 15 Public Insurance Concept May Prove Sticking Point in Health Care Reform By PBS News Hour As the outlines of a health care reform package begin to emerge in Washington, one of the central dividing lines is quickly taking shape: whether the government will create a public insurance plan that would compete with private insurers. Continue reading
Apr 15 Watch Paul Solman Breaks Down The ‘Paradox of Thrift’ During the economic downturn, the American savings rate is rising fast, with some unexpected consequences. Paul Solman examines how the economy might suffer when thrifty consumers decide to save their money instead of spending it. Continue watching
Apr 15 Watch Other News: Markets Rise on New Signs of Growth In the day's other news, the stock market rose on new signs of life in the recession-weary economy and Somali pirates unsuccessfully tried to attack another U.S. ship. Continue watching
Apr 15 Are Americans Becoming Savers? Tonight’s NewsHour features a piece called “The Paradox of Thrift.” The phrase refers to the potential downsides of squirreling money away, especially if all of us do it at once. While saving is often a good thing – and something… Continue reading
Apr 15 Can We Prepare for Inflation? Editor’s Note: The government reported Wednesday that consumer prices fell in March, indicating a weakened demand for goods and services. But while this price drop raises the specter of deflation, many economists contend that the real risk to… Continue reading
Apr 15 Tax Havens Hamper Development in Poor Countries By Admin, PBS News Hour Tax havens are typically thought of as enclaves where the world's rich can shelter their fortunes from the prying eyes of governments. But citizens of developing countries may be tax havens' hidden victims. Continue reading
Apr 15 Consumer Prices Fall in March on Energy Costs By Admin, PBS News Hour Consumer prices fell in March, the government reported Wednesday, indicating that weakened demand for goods and services during the economic downturn has kept a damper on energy and food costs. Continue reading
Apr 14 Watch Solar Energy Industry Maintains Footing Amid Recession Amid the economic slump, there may be a silver lining for solar energy businesses that have withstood the recession so far. NewsHour special correspondent Spencer Michels reports. Continue watching
Apr 14 Watch After Infusion of Aid, Some Banks Return Bailout Funds As the government invests billions to shore up the financial sector, some banks are returning rescue funds earlier than expected. A banking chief and a reporter explain the latest. Continue watching