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
Jan 30 Watch Global Trade Freezes Amid Economic Downturn Economics correspondent Paul Solman returns to the trade hub of Long Beach, Calif., to check on how the import and export business has been impacted by the global economic crisis. Continue watching
Jan 30 Watch Backlash Continues Over Billions Paid in Wall Street Bonuses in 2008 In one of the worst economic years in history, Wall Street executives received more than $18 billion in bonuses. Experts examine how such bonuses work, followed by the analysis of Mark Shields and David Brooks. Continue watching
Jan 30 Watch Shrinking GDP, Obama Task Force Cap Week's Economic News There was more evidence Friday the recession is getting worse, a fact that President Obama and his economic team continued to confront. Columnists Mark Shields and David Brooks mull Mr. Obama's approach. Continue watching
Jan 30 Are We Headed to a Shorter Work Week? Question/Comment: The Independent mentions that the United Kingdom might move to a three day work week. While some companies have resorted to this kind of solution, most have not. Would this kind of measure be of any help if… Continue reading