Apr 10 Flight Cancellations Continue Amid FAA Checks By PBS News Hour Flight delays continued Thursday as American Airlines moved to cancel another 900 flights and expectations grew that cancellations are likely to spread to other U.S. carriers as regulators tighten their safety audits of airlines. Continue reading
Apr 09 Watch Economics Writer Examines Oil’s Shifting Market Position In the first in a series of NewsHour interviews on oil's standing in the rapidly changing world economy, author Vijay Vaitheeswaran discusses the causes and effects of the recent rise in oil prices and how energy technologies will impact future… Continue watching
Apr 07 If deficit spending stimulates the economy then won’t imminent plans to wind down the war and trim spending offset any stimulus packages? Question/Comment: If deficit spending stimulates the economy then won't imminent plans to wind down the war and trim spending offset any stimulus packages? Paul Solman: Hmmm, interesting point: an argument for continuing the war might be its stimulating… Continue reading
Apr 04 Watch 80,000 Jobs Lost in March As Economy Continues To Slow The economy continued its slump in March, sloughing off 80,000 jobs. An economic consultant assesses the latest set of job numbers and what it indicates about the health of the U.S. economy. Continue watching
Apr 04 Why is the price in oil rising and who is getting the money? Question/Comment: Oil has gone up in price per barrel a huge amount during the last few weeks. Neither the cost of producing that oil nor our falling dollar value could have made much of a difference in that short term. Continue reading
Apr 04 Did the credit agencies, such as S&P, overrate the bundles of mortgages? This installment’s “guest vetter” is Larry Koltikoff with Boston University. He is perhaps the best-known American economist on the issue of intergenerational conflict over entitlement spending on programs like Social Security and Medicare. You can check out his full bio… Continue reading
Apr 04 U.S. Economy Lost 80,000 Jobs in March By Admin, PBS News Hour U.S. employers cut 80,000 jobs in March, the most in five years and the third straight month of losses, according to new Labor Department figures released Friday. Continue reading
Apr 03 Watch Bernanke Says Bear Stearns Rescue Was ‘Necessary’ Federal Reserve Chairman Ben Bernanke defended the agency's rescue of Bear Stearns in a Senate hearing Thursday, saying the move was necessary to prevent further impact on the general economy. Financial experts weigh the Fed's response to recent economic turmoil. Continue watching
Apr 03 Bernanke Defends Fed’s Role in Bear Stearns Deal By Admin, PBS News Hour Federal Reserve Chairman Ben Bernanke defended Thursday his agency's decision to assist the ailing investment firm Bear Stearns, calling it a move to prevent a corporate collapse that could have reverberated through the U.S. economy. Continue reading
Apr 02 Watch Fed Chairman Bernanke Says Recession Is ‘Possible’ Federal Reserve Chairman Ben Bernanke on Wednesday told Congress that while the current downturn might be temporary, "a recession is possible."… Continue watching