Feb 20 World Markets Slide Over Ongoing Economic Woes By PBS News Hour Continuing concerns over the depth and breadth of the economic meltdown rippled through world markets Friday, pushing U.S. stocks to extend deep losses and sending overseas markets tumbling. Continue reading
Feb 20 Why Can’t We Make Better Economic Predictions? Question/Comment: Why isn’t economics more of a science? I’ve seen pundits on TV say the Great Lesson of the Great Depression is to have jobs programs and get people back to work, but other pundits say the Depression would’ve been… Continue reading
Feb 19 In Case You Missed It: The Amazing Adventures of ‘Savings Man’ Paul Solman speaks to the founder of an organization funding creative public service ads on saving money. You can listen to the audio or read the transcript of the segment here. ]>… Continue reading
Feb 19 Web Extra: Finland’s Unusual Take on the Recession And now for something almost completely different: an advertising campaign that urges consumers to SPEND their way out of the recession, instead of save their way through it. We ran a snippet of it… Continue reading
Feb 19 Watch The Amazing Adventures of ‘Savings Man’ In the latest of his series of reports on the financial crisis, Paul Solman speaks to the founder of an organization funding creative public service ads on saving money. Continue watching
Feb 19 Watch Public, Bankers, Analysts Debate Merits of Obama’s Foreclosure Plan Reaction in the banking world and among the public to President Barack Obama's plan to ease home foreclosures has proven mixed. Analysts debate the plan's merits and examine what the measure may mean for homeowners and lenders. Continue watching
Feb 19 Watch Hanesbrands Relocates Manufacturing to Asia Hanesbrands underwear company has closed 30 plants in North and South America, putting thousands out of work, while relocating its factories to Asian countries. Jeffrey Kaye of KCET-Los Angeles reports. Continue watching
Feb 19 Watch In Bad Economy, Countries Contemplate Protectionist Measures Across the globe, many countries are taking protectionist measures to buffer national economies from the ongoing economic downturn. Experts debate the potential effects of a trend toward protectionism. Continue watching
Feb 19 Watch Other News: Stocks Sink, California Approves Budget Stocks plummeted after bleak unemployment and manufacturing reports, and the California legislature approved and sent a budget to Gov. Arnold Schwarzenegger after a long political deadlock. Jim Lehrer recaps the day's other news headlines. Continue watching
Feb 19 Stanford Group Leaves Houston High and Dry This week the Securities and Exchange Commission charged Texas banking billionaire R. Allen Stanford with over $8 billion in fraud, leaving depositors throughout Latin America wondering where their money is and whether they'll get it back. Continue reading