Jul 20 Watch News Wrap: Spain Passes Austerity Measures to Fix Debt Crisis, Citizens Protest In other news Friday, Spaniards gathered in 80 Spanish cities to protest austerity measures. Also, the U.S. Treasury Department warns benchmarks for global interest rates are still flawed. This announcement comes three weeks after Barclays Bank admitted to falsifying 2007… Continue watching
Jul 19 Is Campaign Spending a Lousy Idea, or Does it Help the Economy? By Paul Solman President Barack Obama and Republican presidential candidate Mitt Romney were both campaigning in the swing state of Ohio earlier this summer. Both sides are poised to spend $1 billion each in the race to the White House. Paul Solman answers… Continue reading
Jul 19 Is Campaign Spending a Lousy Idea, or Does it Help the Economy? President Barack Obama and Republican presidential candidate Mitt Romney were both campaigning in the swing state of Ohio earlier this summer. Both sides are poised to spend $1 billion each in the race to the White House. Paul Solman… Continue reading
Jul 18 A Flaw in Our College Costs vs. Income Calculator? Paul Solman frequently answers questions from the NewsHour audience on business and economic news here on his Making Sen$e page. Here is Wednesday's query:… Continue reading
Jul 18 A Flaw in Our College Costs vs. Income Calculator? Paul Solman frequently answers questions from the NewsHour audience on business and economic news on his Making Sen$e page. Here is Wednesday's query: Name: Carol Christen Question: Paul, the calculator is great. But it has a serious… Continue reading
Jul 17 Watch States Plagued by Fiscal Problems, Pension Payments Grim findings from a task force come amid further setbacks to the nation's economic health. Jeffrey Brown discusses eroding revenues, state budget cuts and steep pension obligations with former New York Lt. Gov. Richard Ravitch, the report's co-chair, and Susan… Continue watching
Jul 17 States May Face Their Own ‘Fiscal Cliff’ Soon Enough In March, thousands of students converged on Sacramento to protest budget cuts and fee hikes for the University of California system. Photo by Randy Pench/Sacramento Bee via Getty Images. Undoubtedly, the debate over the federal debt will continue to… Continue reading
Jul 17 The U.S. as the New Saudi Arabia: An Environmentalist’s Nightmare? A flame from a Saudi Aramco (the national oil company) oil installation known as 'Pump 3' burns brightly during sunset in the Saudi Arabian desert. According to Forbes, Saudi Aramco generates more than $1 billion a day in… Continue reading
Jul 17 The U.S. as the New Saudi Arabia: An Environmentalist’s Nightmare? A flame from a Saudi Aramco (the national oil company) oil installation known as 'Pump 3' burns brightly during sunset in the Saudi Arabian desert. According to Forbes, Saudi Aramco generates more than $1 billion a day in… Continue reading
Jul 16 Chinese Identity Amid an Economic Slowdown A security guard patrols outside the headquarters of the Bank of China in the Xidan shopping area of Beijing. Photo by Mark Ralston/AFP/Getty Images. With all the talk of a Chinese economic slowdown there, I have a suggestion:… Continue reading