Mar 31 Watch G20 Countries Seek Ways to Resolve Economic Crisis President Barack Obama joined leaders of the world's most powerful and developing economies for the G20 economic summit in London Tuesday. NewsHour correspondent Kwame Holman reports. Continue watching
Mar 31 G20 Leaders to Meet in London By PBS News Hour Heads of state from the Group of 20, comprised of leaders from industrial and developing countries along with the European Union and other invited countries and organizations, will meet in London April 1-2 to discuss the global financial crisis. Continue reading
Mar 31 New GM CEO Predicts ‘Deeper’ Restructuring By PBS News Hour The new chief of General Motors Corp. said Tuesday that the struggling automaker will likely shutter more U.S. plants and cut jobs as it embarks on a "deeper" company restructuring. Continue reading
Mar 31 What’s the Purpose of the G20 Meeting? Question: What scenarios are associated with the G20 conference for the U.S. and global economy? Paul Solman: We want the rest of the world to spend more money stimulating their economies. Except for China, most countries seem to be… Continue reading
Mar 30 Watch Bankruptcy Option Looms as U.S. Automakers Face Shaky Future The Obama administration's call for drastic reforms of GM and Chrysler has sparked new debate on the future of Detroit's "Big Three" automakers. Analysts discuss what the restructuring effort may mean for the auto industry's future. Continue watching
Mar 30 Why Is the Trade Deficit Important? Question: Please explain the trade deficit. What is it? Why is it important? Is it an indicator like taking someone’s temperature or is it a debt that has to be paid? Does it relate directly to our national debt?… Continue reading
Mar 30 Watch Obama Unveils Tough Terms for GM, Chrysler Recovery Efforts President Barack Obama outlined tough terms Monday for continued federal aid for ailing auto giants GM and Chrysler. White House adviser Austan Goolsbee, a member of the auto task force, details the plan. Continue watching
Mar 30 GM CEO Ousted as Obama Details Auto Plan By Admin, PBS News Hour After months of dire sales predictions and billions loaned in government aid, President Barack Obama laid out a series of tough terms for ailing U.S. automakers, including the ouster of General Motors CEO Rick Wagoner. Continue reading
Mar 30 Will We Still Reject Materialism After the Downturn? Question: I enjoyed your recent interview with Robert McElvaine. (Editor’s note: Watch the interview below.) His thesis that the downturn will lead us away from consumption as a way of life to what really matters is interesting. Am I… Continue reading
Mar 27 Watch Historian Discovers Positive Lessons, Community Values From Great Depression Great Depression historian Robert McElvaine found that economic downturns can lead people away from conspicuous consumption to a more community-oriented way of life. Continue watching