Aug 26 Health Insurance Rates Rise, Poverty Unchanged in 2007 By PBS News Hour The number of people without health insurance in the United States fell last year for the first time since the beginning of the Bush administration, according to a report released by the Census Bureau Tuesday on poverty, income and health… Continue reading
Aug 26 Home Prices Dip, but Market Signals Improvement By Admin, PBS News Hour While the U.S. housing market continues to suffer from a slide, new statistics released Tuesday show some evidence that the situation is improving as reluctant buyers return to the market to snatch up bargains. Continue reading
Aug 22 Does the U.S. export domestic oil? If so, how much, to where and why? Question/Comment: Does the U.S. export domestic oil? If so, how much, to where and why? Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining… Continue reading
Aug 20 The “Whale Oil Myth” This post is hopelessly long-winded, and not even prompted by a viewer question, but by a criticism I stumbled upon while scouring the Internet. As I searched for something economist Lester Lave had said about oil prices in one of… Continue reading
Aug 20 Watch Wall Street’s Role in the U.S. Mortgage Crisis Examined As part of an ongoing series of conversations on recent U.S. economic woes, Paul Muolo co-author of "Chain of Blame: How Wall Street Caused The Mortgage and Credit Crisis" discusses his investiation into Wall Street's connection to the current housing… Continue watching
Aug 19 Wholesale Inflation Rises, Home Construction Falls By Admin, PBS News Hour Wholesale inflation surged in July, leaving prices for the past year rising at the fastest pace in 27 years, while construction of homes and apartments fell to the lowest level in more than 17 years, the government reported Tuesday. Continue reading
Aug 18 Watch Americans’ Reliance on Credit Leads Many Into Debt The ease with which Americans can make purchases using credit cards and loans has led to increased personal debt. Jeffrey Brown speaks with Stuart Vyse, author of "Going Broke: Why Americans Can't Hold On To Their Money," about the roots… Continue watching
Aug 15 Watch Struggling Economy Hitting America’s Middle Class Hard In the second installment in a series of conversations about the struggling economy, Ray Suarez speaks with author Nan Mooney about what she found to be troubling America's middle class. She interviewed more than 100 people for latest book, "(Not)… Continue watching
Aug 15 How do speculators affect the price of crude oil? Question/Comment: I would like to understand how speculators affect the price of crude oil. I’d like to know who these people are (in general) and how they operate. Paul Solman: I’m on record on this page (and elsewhere)… Continue reading
Aug 15 How can the U.S. government be continuously providing billions of dollars to various countries (we have trillions of dollars in debt)? Question/Comment: I have always enjoyed your professional discussions and news coverage. Could you please help me understand how the U.S. government can continuously be providing billions of dollars to various countries (we have trillions of dollars in debt)?… Continue reading