Feb 03 Was the Wall Street Money Real or Imagined? Question/Comment: Could you explain where all the money went that supposedly vanished during the Wall Street meltdown? Who has it? Was it imaginary or did it really exist? Paul Solman: All Wall Street values are imaginary. All money is imaginary. Continue reading
Feb 03 How Much of My Investments Should Be in Gold? Question/Comment: How much of my investments should be in gold? Paul Solman: Unfortunately, I can’t possibly give you an answer to your question, except to say that none of my investments are in gold (or ever have been). Thus,… Continue reading
Feb 02 Watch Reporters Assess Effectiveness of Proposed Stimulus Plan As Congress shapes the stimulus package, the debate rages on over what parts of the bill will be most effective in reviving the country's ailing economy. Business reporters analyze the plan's components. Continue watching
Feb 02 Watch In Other News, Senate Debates Stimulus Plan as Pittsburgh Heralds Super Bowl Win The Senate resumed debate on the $900 economic stimulus package that hit snags among Republicans concerned about the rising costs of the package. Jim Lehrer reports on this and other top news of the day. Continue watching
Feb 02 Daschle Cabinet Bid Hits Trouble Over Tax Issue By PBS News Hour Tom Daschle, President Barack Obama's choice to spearhead a reform effort of the costly U.S. health care system, fought Monday to salvage his appointment by apologizing for failing to pay back taxes. Continue reading
Feb 02 Special Online Video: Tummy Tuck Jeans in a New Economic Landscape In a special online-only video, Paul Solman examines how the company “Not Your Daughter’s Jeans” is faring as currency values, trade alliances and consumer spending shift in the global economic crisis. ]> You can find the answers to all the… Continue reading
Feb 02 Consumer Spending Drops in December While Savings Rates Increase By PBS News Hour Consumers cut spending for a sixth straight month in December and, heeding the impact of the recession-laden economy, boosted their savings rates to the highest level since May, according to the latest round of government reports. Continue reading
Jan 31 In Case You Missed It: The End of Globalization? Paul Solman revisits the port of Long Beach, Calif., just a year after first reporting there, and finds fields of unsold Mercedes and tracts of Toyotas. Read the transcript here. ]>… Continue reading
Jan 30 Watch Value’s Meaning Shines Through as Economy Falters In this time of economic crisis, essayist Anne Taylor Fleming reflects on how difficult it is to gauge the real value of things. Continue watching
Jan 30 Watch Rethinking Regulation’s Role in a Struggling Economy A new government report cites continued oversight problems for the $700 billion federal rescue plan. Ray Suarez examines emerging views on regulation's role in the U.S. economy and the possible creation of a government-run "bad bank" that would help take… Continue watching