Feb 23 Obama Strives for Long-term Fiscal Fix at Summit By Admin, PBS News Hour President Barack Obama took a step toward cutting the nation's budget deficit at a White House summit, a difficult task facing the new president a week after he signed a $787 billion stimulus bill. Continue reading
Feb 23 Keynes’ Economic Theories Re-emerge in Government Intervention Policies By Admin, PBS News Hour Amid a flurry of activity by the Obama administration to help lift the economy out of recession, the ideas of the late renowned British economist John Maynard Keynes on the government's role in helping ease an economic crisis are in… Continue reading
Feb 23 Regulators Move to Revamp Program to Boost Troubled Banks By PBS News Hour Federal regulators said Monday they are prepared to launch a revamped program to bolster troubled U.S. banks, including the option of increasing government ownership in financial institutions. Continue reading
Feb 23 Will the Next Generation Be Better Off? Question/Comment: Will the next generation be better off? Paul Solman: Who knows? But an interesting skeptic is Dallas Salisbury, head of the Employee Benefits Research Institute. I interviewed him recently for a story on what’s known as “the… Continue reading
Feb 20 In Case You Missed It: The Upside of the Downturn On Friday’s NewsHour, Paul Solman examined how some are finding the bright side of the economic downturn. You can listen to the audio or read the transcript of the segment here. ]>… Continue reading
Feb 20 Watch Some Find Silver Lining in Dark Economic Cloud The economic downturn isn't all bad for everyone. Paul Solman reports on some Americans who have seen their quality of life increase. Continue watching
Feb 20 Watch Investors’ Hopes for Turnaround Dim as Markets Plummet As fears over the economic crisis continue to erode investors' confidence, markets at home and abroad are feeling the effects. Financial analysts discuss how the markets relate to the realities of the economic turmoil. Continue watching
Feb 20 Watch Other News: New Details on Madoff, Clinton Tours Asia Accused Wall Street investor Bernard Madoff may not have bought securities for customers in 13 years, and Secretary of State Hillary Clinton called for pragmatic diplomacy in China. Continue watching
Feb 20 Watch Stocks Markets Plummet Further in U.S. and Abroad Global markets sank and the Dow Jones industrial average sank to a six-year low on fears over bleak job reports and the fragile state of the economy. Kwame Holman reports. Continue watching
Feb 20 Web Extras: Upside of the Downturn Editor’s Note: On Friday’s NewsHour, we aired another in our series of reports on making sense of the recession. The segment is about the “upside of the downturn,” which looks at the silver lining of the economic slump. Paul Solman:… Continue reading