Jun 18 How Will the Regulatory Reforms Affect Consumers? Paul Solman: We asked a number of people in the personal finance business and others close to the credit crisis to weigh in on the Obama administration’s new consumer protection proposal. I’m struck by Doug Elliott’s admonitions, especially his last… Continue reading
Jun 17 Watch Jobless Find a Creative Voice in Southern California In Southern California, a photographer has been documenting the stories of the jobless -- the irony being that he himself was laid off at the end of 2008. Spencer Michels reports on the stories behind the unemployed. Continue watching
Jun 17 Watch Obama's Regulatory Reform Plan Stirs Mixed Reaction Gwen Ifill speaks with a banking expert and an economist about what the administration's plans for reforming financial oversight mean for businesses and consumers alike. Continue watching
Jun 17 Watch Other News: Chrysler to Reopen 7 Plants In other news, Chrysler said it will reopen seven auto plants, and the National Security Administration's domestic surveillance program may have been broader than first realized, according to The New York Times. Continue watching
Jun 17 Watch Regulatory Reform Plan Aimed at Protecting Larger Economy President Barack Obama proposed a major overhaul of financial industry regulation Wednesday. White House adviser Christina Romer explains the administration's plans. Continue watching
Jun 17 President Obama Seeks Overhaul of Financial Market Oversight By Admin, PBS News Hour President Barack Obama proposed Wednesday sweeping changes to the way the government oversees financial institutions in an attempt to remedy the regulatory system that failed to detect the global economic crisis. Continue reading
Jun 17 Will the Administration's Regulatory Overhaul Work? Question: How serious is the administration about true reform of the financial system? Are its plans likely to work? Or is regulation a can of worms, a Pandora’s box, and every other cliche that might be subsumed under the… Continue reading
Jun 16 Why Doesn't the Government Simply Give Households Lots of Money to Stimulate the Economy? Question: One of the most popular suggestions I’ve heard for stimulating the economy is the federal government should give every household one or two million dollars. Would that work or would it create hyperinflation? Paul Solman: Let’s not be profligate… Continue reading
Jun 15 Watch Business Students Rethink Wall Street Plans After the economic slump scuttled their plans to enter the financial sector, business students at Duke University look at different alternatives, such as graduate school, or rethink their career paths altogether. Judy Woodruff talks to some recent graduates in the… Continue watching
Jun 15 Why Is the Cost of Gasoline Increasing? Question: With U.S. oil stocks high and refiners at a low production rate, why is the cost of gasoline increasing at such a high rate? It makes you think that there is more to it than supply and demand. Continue reading