Nov 28 Now that it appears rates will be dropping, where is the best place to keep the bulk of my savings? Question/Comment: As a long time observer of the mortgage market, particularly the subprime segment, I have been anticipating the current economic crunch for some time. Accordingly, I have been keeping a large amount of my savings ($85K) in an FDIC… Continue reading
Nov 28 When can we expect to break even, or at least recover some of the value that we lost due to the declining real-estate market? Question/Comment: Everyone mentions all of those unfortunate people who are defaulting on their home loans due to the sluggish economy. Nobody mentions, however, the many hardworking Americans who saved and struggled to buy their dream homes and they are now… Continue reading
Nov 23 Watch Holiday Shopping Brings Economic Concerns into Focus The Friday after Thanksgiving kicked off what most consider to be the beginning of the holiday shopping season, with retailers hoping for a robust consumer turnout. Financial analysts discuss how consumers' concerns over the housing slump and falling dollar may… Continue watching
Nov 22 Watch Local Foods Have Impact Beyond Kitchen Table Amid increased promotion of organic foods and pushes to support local growers, an agricultural analyst and a New York City chef discuss the broader economic impact of buying local, in-season foods. Continue watching
Nov 20 Watch Probe Sheds Light on Working Conditions in China Reporter Loretta Tofani spent fourteen months in China researching working conditions in Chinese factories. Tofani details her investigation and the risks some Chinese workers face in the manufacturing sector. Continue watching
Nov 13 Study: Income Gap Grows Between Black, White Families By PBS News Hour Black children born to middle-class parents in the 1960s are far more likely than whites to have slipped down the socioeconomic ladder into poverty, according to a study published Tuesday. Continue reading
Nov 08 Watch Bernanke: U.S. Economy Faces ‘Sluggish’ Growth Outlook Federal Reserve Chairman Ben Bernanke on Thursday predicted "sluggish" U.S. economic growth after the dollar reached an all-time low against the euro and jittery investors kept close watch on surging oil prices. A business journalist and an economist offer analysis… Continue watching
Nov 05 Watch Film, Television Screenwriters Go on Strike Thousands of screenwriters in Hollywood and New York went on strike for the first time since 1988 on Monday. A reporter who covers the entertainment business describes the issues that led up to the strike, including how profits are divided… Continue watching
Nov 05 Watch Citigroup Faces Fallout from Subprime Market Citigroup, the nation's largest bank, faces both a downgraded credit rating and the resignation of CEO Charles Prince. A business journalist describes the company's struggles. Continue watching
Nov 02 Watch Mixed Reports Emerge on U.S. Economy A panel of economic analysts disusses recent reports on the nation's economy and unemployment, which paint a mixed picture about the country's financial health. Continue watching