Jul 21 Watch Airplanes Scale Back Service as Oil Prices Soar Despite efforts to ease the burden of soaring fuel costs by adding luggage fees and slashing flights, major airlines continue to suffer losses and predict fare hikes this fall. Tom Bearden reports on the latest woes of the airline industry. Continue watching
Jul 18 Watch Bailout of Mortgage Firms Could Set Risky Precedent As the nation's housing woes continue, the government announced a plan this week to shore up mortgage-giants Fannie Mae and Freddie Mac. Paul Solman weighs the role of government intervention and the possible ramifications of rewarding risky financial behaviors. Continue watching
Jul 18 Is there any way we can hedge against the energy and commodities as an individual investor? Question/Comment: As an individual investor/consumer, it’s really hard to adjust to sudden increases in gas and food prices. Is there any way we can hedge against the energy and commodities as an individual investor? Paul Solman: It might be a… Continue reading
Jul 17 Watch Fannie Mae CEO Defends Mortgage Giant’s Stability Fannie Mae CEO Daniel Mudd reacts to questions about the stability of the mortgage-lending giant after the government took steps earlier this week to back Fannie Mae and Freddie Mac in order to maintain stability and confidence in U.S. financial… Continue watching
Jul 17 Watch Reporters Measure Economy’s Health Across the U.S. Business reporters and columnists from across the country assess how recent economic troubles, including inflation and housing market problems, have impacted local communities. Continue watching
Jul 17 Tax Hike Dispute Reveals Chink in Argentine President’s Popularity By PBS News Hour Argentina's President Cristina Fernandez, elected in a landslide vote in October, has started to encounter the country's economic and political realities, as evidenced in Thursday's legislative rejection of a proposed tax hike. Continue reading
Jul 17 Gore Aims High on Renewable Energy Goal for U.S. By Admin, PBS News Hour Former Vice President and Nobel laureate Al Gore outlined a bold climate goal for the nation Thursday, challenging the U.S. to create every kilowatt of electricity through renewable energy sources within 10 years. Continue reading
Jul 16 Watch Rising Fuel Costs Damage Viability of Fishing Industry Rising fuel costs are reaching far into the pockets of tuna fisherman, who are struggling to keep their businesses alive as the price of fuel skyrockets. Continue watching
Jul 16 Watch Consumer Price Index Report Adds to Economic Woes Rising consumer prices are raising Americans' cost of living, adding to economic woes, according to a new economic report. Analysts discuss the recent report and what it means for American consumers. Continue watching
Jul 16 Consumer Prices Rise at Fastest Rate Since ’82 By Admin, PBS News Hour The Labor Department reported Wednesday that consumer prices jumped 1.1 percent in June, marking the fastest rise in more than a quarter century and fueling further concerns over inflation levels in the jittery U.S. economy. Continue reading