Mar 25 Why Use 100 Days to Evaluate a New President? By Admin, PBS News Hour From rescuing the U.S. from a deepening recession to re-examining U.S. strategy in Iraq and Afghanistan, President Barack Obama has set a busy agenda -- earning praise from some and questions from others on its ambitious scope. Continue reading
Mar 25 After 6-Month Slide, Durable Goods Orders Jumped in Feb. By PBS News Hour U.S. factories saw new orders for big-ticket manufactured goods rise unexpectedly in February following a record six months of decline, the Commerce Department reported Wednesday. Continue reading
Mar 25 Democrats Plan to Cut Billions From Obama’s Budget Request By Admin, PBS News Hour In budget blueprints they plan to formally release Wednesday, House and Senate Democrats said they plan to cut billions from President Obama's spending request while preserving some of his most significant domestic programs. Continue reading
Mar 25 Can the Dow Fall Into Negative Numbers? By Business Desk Question: My high school daughter asked me a question I can’t answer. Can the Dow fall to zero or into negative numbers? Paul Solman: Ah, at last. A question I can definitively answer: ABSOLUTELY… Continue reading
Mar 24 Watch Other News: Wall Street Loses Some Gains In the day's other news, Wall Street lost some of its gains from the previous day's trading and the Environmental Protection Agency issued a tentative finding stating that global warming is a threat to public health. Continue watching
Mar 24 Watch Calls Intensify for Expanded Financial Regulation Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke testified before Congress Tuesday on the flap over AIG bonuses and called for increased regulatory powers. Analysts assess the real-world impacts of strengthening financial regulation. Continue watching
Mar 24 Watch Geithner and Bernanke Testify on AIG, Regulation Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke testified before Congress on the administration's handling of executive compensation for companies receiving federal loans and asked for expanded federal regulatory powers. Jeffrey Brown reports. Continue watching
Mar 24 Who Qualifies as Middle Class These Days? Question: What dollar figure or income is in mind when all the politicians and news media speak of the middle class? Who is the middle class at this point in time? Paul Solman: “Middle class” has long been a fuzzy… Continue reading
Mar 24 Geithner, Bernanke Testify Amid Bid to Calm Furor Over AIG By Admin, PBS News Hour In an essay published Tuesday and Capitol Hill appearances, President Barack Obama and Treasury Secretary Timothy Geithner worked to cool anger over the bonuses paid to executives at rescued insurance giant American International Group. Continue reading
Mar 23 Watch Glut of Foreclosed Homes Encourages Scams, Desperation With the national foreclosure rate still climbing, some chose to live in foreclosed homes while others have been the victims of "rent skimmers," people who pretend to own a foreclosed property and scam tenants out of thousands of dollars in… Continue watching