Dec 03 Rising Tuition, Credit Crunch Threaten Affordability of Higher Education By PBS News Hour A new study on American higher education gave all but one state a failing grade on affordability, and warned that college could soon be out of reach for most Americans. Continue reading
Dec 02 Why Didn’t Bankruptcy Work For Lehman Brothers? Question/Comment: Dear Mr Solman, Many of the “experts” I hear on PBS and NPR think that bankruptcy would be a workable solution for the auto companies. I agree,… Continue reading
Dec 02 Big Three Automakers Submit Plans to Congress By PBS News Hour The three biggest U.S. automakers -- Ford Motor Co., General Motors Corp., and Chrysler LLC -- submitted plans to Congress on Tuesday, in hopes of getting a line of credit from the government to keep their companies in business. Continue reading
Dec 02 Are These Economic Problems Caused By Too Many People on Earth? Question/Comment: Is the final answer to all these economic problems the fact that there are now too many people on Earth? For example, how can U.S. labor make any money when Chinese workers will work for a nickel an hour?… Continue reading
Dec 01 Stocks Pummeled as Recession Becomes Official By Admin, PBS News Hour A group of academic economists confirmed on Monday suspicions that the troubled U.S. economy is in a recession, saying the economic downturn began in December 2007. Continue reading
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