Apr 15 Are Americans Becoming Savers? Tonight’s NewsHour features a piece called “The Paradox of Thrift.” The phrase refers to the potential downsides of squirreling money away, especially if all of us do it at once. While saving is often a good thing – and something… Continue reading
Apr 15 Can We Prepare for Inflation? Editor’s Note: The government reported Wednesday that consumer prices fell in March, indicating a weakened demand for goods and services. But while this price drop raises the specter of deflation, many economists contend that the real risk to… Continue reading
Apr 15 Tax Havens Hamper Development in Poor Countries By Admin, PBS News Hour Tax havens are typically thought of as enclaves where the world's rich can shelter their fortunes from the prying eyes of governments. But citizens of developing countries may be tax havens' hidden victims. Continue reading
Apr 15 Consumer Prices Fall in March on Energy Costs By Admin, PBS News Hour Consumer prices fell in March, the government reported Wednesday, indicating that weakened demand for goods and services during the economic downturn has kept a damper on energy and food costs. Continue reading
Apr 14 Watch Solar Energy Industry Maintains Footing Amid Recession Amid the economic slump, there may be a silver lining for solar energy businesses that have withstood the recession so far. NewsHour special correspondent Spencer Michels reports. Continue watching
Apr 14 Watch After Infusion of Aid, Some Banks Return Bailout Funds As the government invests billions to shore up the financial sector, some banks are returning rescue funds earlier than expected. A banking chief and a reporter explain the latest. Continue watching
Apr 14 Watch Other News: Markets Fall, Somali Pirates Renew Attacks In the day's other news, markets fell on news of poor retail sales in March, and Somali pirates attacked four more ships in the Gulf of Aden since the rescue of a U.S. sea captain Sunday. Continue watching
Apr 14 Watch Obama Voices Both Caution, Optimism on Economy Retail sales in March showed the economy has not yet recovered on the same day President Obama delivered a speech cautioning Americans to be patient as the government tries to turn things around. Kwame Holman provides a report. Continue watching
Apr 14 Why Don't We Tax the Buying and Selling of Stocks? Question: How much revenue would a 1 percent federal tax on the buying and selling of stocks produce? We have federal taxes on gasoline, so why not the selling of stocks? Surely, someone who is spending $1,000 can afford a… Continue reading
Apr 14 Obama Says Economy 'Not Out of the Woods' By Admin, PBS News Hour President Barack Obama renewed the case for his domestic and economic agenda on Tuesday, warning Americans eager for better news on the economy that "by no means are we out of the woods."… Continue reading