Oct 21 When the Treasury Department is repaid the money it lent, shouldn’t that be used to pay down the national debt? Question/Comment: When the day comes that the banks and other financial institutions start to repay the vast amounts of money that have been borrowed by the Treasury Department, shouldn’t that money be used to pay down the additional national debt… Continue reading
Oct 21 Pakistan Looks to Raise Billions in Foreign Loans By Admin, PBS News Hour Pakistan must raise between $10 billion to $15 billion over the next few weeks in order to keep making debt payments and pay for imports, the country's new economic affairs adviser Shaukat Tarin has said. Continue reading
Oct 21 Why are we not focusing on stimulating consumer spending? Question/Comment: Hello, Paul. I am certainly no economist (as my question will show), but I learned in business school (to my surprise at the time) that two-thirds of GDP is the result of consumer… Continue reading
Oct 20 Watch Fed Chairman Signals Support for New Stimulus Package Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan. Continue watching
Oct 20 Stocks Rise on Signs of Credit Thaw, News of Global Summit By PBS News Hour U.S. stocks rose Monday following word from President Bush, French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso over the weekend that they plan to hold a series of summits on the global financial crisis. Continue reading
Oct 17 President Bush Stands by Government Action; Housing Starts Fall in September By Admin, PBS News Hour President Bush sought to reassure Americans that moves taken by the federal government would be bold enough to ease the financial crisis even as new reports showed further declines in the housing market. Continue reading
Oct 17 Watch Economic Crisis Takes Toll on Pursuit of American Dream NewsHour Essayist Richard Rodriguez reflects on the impact of the global financial meltdown on the value of wealth in the U.S. and how greed and envy devalued the American dream. Continue watching
Oct 16 Watch U.S. Stocks Up, But Unease Ripples Across Global Markets Although U.S. stocks surged in the final moments, stocks in Europe and Asia dropped Thursday as fears of a worldwide recession grow. Journalists and an economics analyst discuss. Continue watching
Oct 15 European Leaders Call for Summit to Overal Global Financial System By Admin, PBS News Hour As the world's industrialized nations continued to roll out more plans to bolster flagging economies, European leaders called for a review of the global financial system. Continue reading
Oct 15 A response to viewer questions and comments on my segment about Los Alamos, N.M. I received many responses on my segment on Los Alamos, N.M. the other night. I wanted to respond to some of them. No names are used because the emailers wrote to the NewsHour, not this page. There were several… Continue reading