Jan 28 Why don’t auto-manufacturers sell cars built to the customers’ needs? Question/Comment: As long as I can remember, automobile companies have always pushed their products, by, in one way or another, indicating that they are burdened by surplus inventory. So, given that all the auto-manufacturers now have Web sites where the… Continue reading
Jan 25 How much can I expect from the economic stimulus plan’s tax rebate? We've received dozens of questions about the proposed economic stimulus plan and the rebates for taxpayers and businesses. The deal includes rebate checks for most U.S. taxpayers, but it must still be approved by the Senate and signed by President… Continue reading
Jan 25 Watch Paul Solman Walks Through Wall Street’s Wild Week Wall Street and global financial markets took a dive this week, fueled largely by concerns over a slowing U.S. economy. Economics correspondent Paul Solman explains the wild week on Wall Street, and explores the larger causes behind the turmoil. Continue watching
Jan 24 Watch Stimulus Plan Focuses on Rebate Checks, Incentives Congressional leaders and the White House reached an agreement Thursday for an economic stimulus package that would include rebate checks for millions of taxpayers and incentives for businesses to invest in new capital. A panel of economic experts examines how… Continue watching
Jan 24 Lawmakers Reach Deal on Economic Stimulus By PBS News Hour Congressional leaders and the White House announced Thursday that they reached a deal on an economic stimulus package that would give most U.S. taxpayers refunds ranging from $600 to $1,200 and roll out tax breaks for businesses. Continue reading
Jan 23 Watch Market Turmoil Highlights China’s Impact on U.S. Economy Global stocks largely rebounded on Tuesday after concerns over a weakened U.S. economy sent international markets tumbling. Jim Fallows of the Atlantic Monthly discusses how China's lending and asset buying impact the U.S. markets and economic stability. Continue watching
Jan 23 Watch Congress, White House Hammer out Stimulus Package Details U.S. House leaders met with Treasury Secretary Henry Paulson Wednesday to shape the details of a economic stimulus package amid fears of a recession and concerns over volatile financial markets, both in the U.S. and abroad. Two economists assess the… Continue watching
Jan 23 I always hear about the Chinese keeping their currency at an artificial rate to help exports. Where would the cost of doing that show up? Question/Comment: I always hear about the Chinese keeping their currency at an artificial rate to help exports, but I know from trying to hold a lid on a boiling pot that the pressure is going to come out somewhere. If… Continue reading
Jan 22 Watch Amid Economy Woes, Americans Weigh Finanical Options As fears of a U.S. economic downturn stir tumult in global finanical markets, two financial experts examine the impact of the market turmoil on the average American consumer and how the week's events may fit into the broader U.S. economic… Continue watching
Jan 22 Watch Rate Cut, Market Turmoil Add to Unease Over Economy Amid fears of a U.S. economic downturn, global markets suffered steep losses and the Federal Reserve slashed a key interest rate by three-quarters of a percentage point Tuesday -- its biggest cut in over 23 years. Financial experts examine why… Continue watching