Mar 27 Economy's Growth Nearly Halted By End of 2007 By Admin, PBS News Hour New numbers released by the government Thursday highlighted the continued weak performance of the national economy, with the Commerce Department reporting an anemic 0.6 percent increase in the gross domestic product in the final three months of 2007. Continue reading
Mar 26 Watch Paulson Urges Oversight in Wake of Bear Stearns Bailout Treasury Secretary Henry Paulson said Wednesday that investment banks may require the same government oversight that commercial banks face if they will borrow federal money. Economic analysts weigh the pros and cons of increased federal regulation. Continue watching
Mar 26 Iraq Leader Gives Basra Gunmen Ultimatum By PBS News Hour As fighting continued between Iraqi security forces and Shiite militia fighters in the oil-rich port city of Basra, Prime Minister Nouri al-Maliki gave an ultimatum Wednesday for gunmen to lay down their arms and forsake violence by week's end. Continue reading
Mar 25 Watch Housing Crisis Draws Attention from Candidates Presumptie GOP nominee Sen. John McCain warned Tuesday against hasty government involvement in the U.S. mortgage crisis, while both Democratic candidates have called for increased regulation of lenders. An analysts considers the state of the housing market. Continue watching
Mar 25 Watch Foreclosure Rates Reflect Human Cost of Mortgage Meltdown The city of Baltimore has lately seen skyrocketing foreclosure rates and slumping home prices. The housing shake-up led the city to sue its largest lender -- Wells Fargo -- over allegations that it gave black homebuyers higher loan rates than… Continue watching
Mar 24 Watch JP Morgan Raises Bear Stearns Buyout Bid Amid stockholder discontent, JP Morgan Chase raised its bid to buy investment bank Bear Stearns Monday from $2 a share to $10 a share. A New York Times financial reporter helps explain the buyout. Continue watching
Mar 24 JP Morgan Hikes Offer for Troubled Bear Stearns By PBS News Hour Stock indexes rose in early Monday trading after banking giant JP Morgan Chase & Co. confirmed reports that it had quadrupled its offer for troubled investment bank Bear Stearns Co. Continue reading
Mar 21 Watch Rubin: 'Complexity, Uncertainty' Shade Economic Issues Robert Rubin, who served as treasury secretary during the Clinton administration and is currently the chairman of the board of directors at Citigroup, evaluates the state of the U.S. economy and the role of government intervention in recent economic troubles. Continue watching
Mar 21 How much weight does the U.S. president have on interest rate changes? By Paul Solman Question/Comment: How much weight does the U.S. president have on interest rate changes? The news talks about the Federal Reserve, but it seems it was Bush’s idea to bring them down low, so everyone can own a home. I know… Continue reading
Mar 21 How much national debt is a good thing? By Paul Solman Question/Comment: Paul, please keep up your enlightening NewsHour segments. My question: How much national debt is a good thing? Generational fairness clearly calls for limits, but despite the many voices weighing in on this issue, I have yet to hear… Continue reading