Dec 01 Should We Raise the Price of Gas and Use the Extra to Fund the Big Three Bailout? Question/Comment: There was an article in the New York Times suggesting we peg gas prices at $3.50 and use the income to fund the Big Three bailout and future alternative energy research. This would also keep the pressure on to… Continue reading
Nov 28 Watch Retailers Look to Holiday Season for Needed Sales Boost Amid the shopping frenzy of "Black Friday" -- the traditional after-Thanksgiving kick off to the holiday shopping season -- retailers are looking to holiday sales to boost their sagging balance books. Jeffrey Brown talks to analysts about how the retail… Continue watching
Nov 28 ‘Black Friday’ Shoppers, Retailers Cautious Amid Weak Economy By PBS News Hour Scores of shoppers began arriving at stores early Friday to grab deals on the traditional start of the Christmas shopping season. Many shoppers and retailers, however, remained cautious about holiday spending over concerns about the sluggish economy. Continue reading
Nov 26 Watch London Shopkeepers Struggle to Stay in Business Amid Economic Troubles Britain's famous shops are reeling from troubles in the country's banking sector and hoping that a new stimulus plan will provide a much-needed boost. Margaret Warner reports from London on how businesses are coping with the crisis. Continue watching
Nov 26 Watch Obama’s Economic Strategy Begins to Emerge as Team Takes Shape In an attempt to combat the economic crisis, President-elect Barack Obama has appointed key members of his economic team, including former Fed Chair Paul Volcker, to lead an economic advisory panel. Two financial writers assess his team and financial recovery… Continue watching
Nov 26 What is Islamic Banking? Question/Comment: I was reading an article about Islamic banking in Malaysia, and I was surprised to find out that these Islamic banks were affected little if any with this bad lending that is going on in U.S. and in the… Continue reading
Nov 25 Watch Obama Pledges New Effort to Tighten Federal Budget President-elect Barack Obama named Peter Orszag as his budget director Tuesday and pledged the rein in the federal budget. Financial experts mull his proposals and weigh in on the complex process of trimming federal programs. Continue watching
Nov 25 Watch Government Widens Support for Home Loans, Credit In an effort to boost economic activity, the Fed and the Treasury announced new plans to boost consumer spending and aid the housing market. Economic analysts examine the Fed's expanding role in managing the crisis. Continue watching
Nov 25 Fed Commits $800 Billion to Unfreeze Credit Markets, Boost Consumer Spending By PBS News Hour The Federal Reserve announced two new programs Tuesday aimed at unfreezing credit for homebuyers, small businesses and consumers. Continue reading
Nov 25 Have We Ever Been This Close to Socialism Before? By Business Desk Question/Comment: Have we ever been this close to socialism before? Referring, of course, to all of the bail outs and attempted influence on the “free” market. Paul Solman: It’s an intriguing question, Dave. Yes, I think the New Deal was… Continue reading