Jul 10 GM Emerges From Bankruptcy Protection Facing Tough Car Market By PBS News Hour General Motors Corp. CEO Fritz Henderson announced Friday that the company emerged from bankruptcy and now begins the task of remaking the struggling American carmaker that was once the world's largest and most powerful. Continue reading
Jul 10 By Saving on Cheap Goods and Services, Do We Pay More in the End? Question: During a recent story about the demise of the auto industry, there was clip of a Model T Ford driving through the Ford Museum. The narration made the point that one of the things that made Henry Ford successful… Continue reading
Jul 09 Why Do Tube Drivers Earn More than Bus Drivers in the UK? Robert Frank: A British reader posted the following query on my UK publisher’s web site: “Why do tube drivers get paid so much more than bus drivers?” An American economist trying to field questions about markets in the UK… Continue reading
Jul 09 In Case You Missed It: Finding Work in a Down Market On last night’s NewsHour, Paul Solman got some perspective on the difficult job market from two very distinct groups: former executives and former prison inmates. What was striking when he met with the two groups of job seekers was… Continue reading
Jul 08 Watch Questions Surface on Impact of Stimulus Plan Five months after President Obama signed the $787 billion stimulus package, some of the money has begun making its way to states. Experts measure the impact the funds have had on local communities. Continue watching
Jul 08 Watch For Ex-Cons and Laid-off Execs Alike, Dim Job Hopes In the next in his series on making sense of the financial news, economics correspondent Paul Solman reports on those in society -- such as executives or ex-convicts -- who are struggling to find employment. Continue watching
Jul 08 Foreclosures in Wealthier Monied 'Burbs May Signal Trouble Ahead By Anna Shoup As economists search for signs that the recession is abating, a look at the breakdown of foreclosures in Patchwork Nation's community types finds that a new wave may be impacting the U.S. differently and could stall recovery. Continue reading
Jul 08 Why Does the London Tube Charge More If You Use a Paper Ticket? Robert Frank: Why does the public transport system in London charge significantly more for a tube or bus journey if you buy a paper ticket than it does if you use their Oyster prepaid card? In most cities… Continue reading
Jul 08 The Cap & Trade Debate Paul Solman: Sometimes described as a “centrist” Democrat, Congressman Eric Massa, a former Republican, represents a district of New York state that includes Rochester. Recently, this press release of his came our way. Since part of what we’re… Continue reading
Jul 07 Watch Other News: Stocks Drop on Economic Recovery Doubts In other news, stocks dipped to their lowest levels in more than two months on doubts about the strength of the economic recovery, and the president of Costa Rica agreed to mediate the political crisis in Honduras. Continue watching