Dec 30 Consumer Confidence Hits Record Low By Admin, PBS News Hour More gloomy news emerged on the U.S. economic front Tuesday as consumer confidence fell to a record low in December and new data showed home prices dropped by the sharpest annual rate on record in October. Continue reading
Dec 29 Where Should I Spend My Hard Earned Money? Question/Comment: Ok, so being a good dog, I need to keep spending to help the economy. What are some of the best things to spend my hard earned, devalued money on? Paul Solman: That’s a very interesting question and not… Continue reading
Dec 26 Researchers Hope Obama Team Will Reinvigorate Role of Science Adviser By PBS News Hour Scientists and scientific organizations hailed President-elect Barack Obama's choice of top science advisers as a "dream team" this week. Continue reading
Dec 26 Watch Weak Holiday Shopping Season Brings Little Cheer for Struggling Retailers The holiday season was anything but merry for retailers this year; sales fell by double-digits in several categories, making this shopping season one of the worst in decades. An analyst examines the impact on the economy. Continue watching
Dec 26 Watch Nobel Laureates Trace How the Economy Began to Fall Apart The subprime mortgage meltdown and subsequent downward spiral caught some officials and the public off guard. Yet there were some clear indicators of the impending crisis. Paul Solman speaks to two Nobel award-winning economists about how the economy began to… Continue watching
Dec 26 Watch Economic Downturn Threatens California's Health Care System Recent economic problems have created budget shortfalls in many states, but California is worse off than most. Faced with a massive deficit, state lawmakers might have to raise taxes or cut health care services. Betty Ann Bowser reports. Continue watching
Dec 25 Watch Charities Feel the Pinch During Economic Crisis Charitable groups across the country are feeling the pinch as the economic crisis has frozen people's pocketbooks and slowed rates of charitable giving. Philanthropy executives give an update. Continue watching
Dec 25 Watch Foreclosure Crisis Brings Challenges, Opportunities to Stockton, Calif. The economic downturn in Stockton, Calif., one of the first communities in the country to experience the foreclosure crisis, is bringing challenges and opportunities there. Spencer Michels reports from the central California city. Continue watching
Dec 25 How Do Senate vs. Detroit Worker Wages Compare on an Hourly Basis? Question/Comment: Hi Paul! I’ve heard certain senators opining about our ‘hourly’ wage earners here in Detroit. I’ve also heard senators earn tiptop health & retirement bennies. How do Senate vs ‘Detroit worker’ wages compare, converted to an hourly… Continue reading
Dec 24 Watch Following the Bailout Money Trail Yields Few Answers With about half of the federal bailout allocation spent, questions remain about how exactly recipient banks used the money. Analysts give an update on where this $350 billion has gone. Continue watching