Jun 15 In Defense of Borrowed Money Photo by Philip Taylor PT via Flickr Creative Commons. Paul Solman frequently answers questions from the NewsHour audience on business and economic news on his Making Sen$e page. Here is Friday's query: Name: Jason Copping Question: Has… Continue reading
Jun 14 CBO Director Cautiously Optimistic About U.S. Outlook By Alex Bruns Graphic by CBO Doug Elmendorf has a lot on his mind these days. As director of the Congressional Budget Office, Elmendorf is responsible for reviewing and analyzing all the budgets and legislation making their way through… Continue reading
Jun 13 Breaking Down the Finer Points of Jamie Dimon’s Testimony President and CEO of JPMorgan Chase, Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill Wednesday. The committee is hearing testimony from Dimon on how JPMorgan Chase lost over $2 billion in stock market trades. Photo… Continue reading
Jun 13 Breaking Down the Finer Points of Jamie Dimon’s Testimony President and CEO of JPMorgan Chase, Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill Wednesday. The committee is hearing testimony from Dimon on how JPMorgan Chase lost over $2 billion in stock market trades. Photo… Continue reading
Jun 13 Watch JPMorgan Chase’s Big Losses, Big Risk: Blip on Radar or Systemic? JPMorgan Chase's Big Losses, Big Risk: Blip on Radar or Systemic?… Continue watching
Jun 13 Verizon Wants You to Share Everything but Data Plans Verizon Wireless, the nation's largest mobile carrier, announced they are changing up how they will bill for data services across devices. The new plan, called Share Everything, means new customers and current customers who choose to… Continue reading
Jun 13 Jamie Dimon: ‘I Am Absolutely Responsible’ A New York City Police officer stands at the entrance to the JP Morgan Chase World Headquarters in New York. The U.S. Justice Department, FBI and others have opened an investigation into JPMorgan Chase's more than $2 billion trading… Continue reading
Jun 13 Share Your Insight: Do We Create Our Own Luck? Updated, 6:40 p.m. In author Michael Lewis' speech at a Princeton University Baccalaureate ceremony earlier this month, he said, "You owe a debt, not just to your Gods. You owe a debt to the unlucky." Lewis' writing career… Continue reading
Jun 12 Watch Families’ Plummeting Wealth Reflects ‘Deep Mess’ Americans Face Families' Plummeting Wealth Relects 'Deep Mess' Americans Face… Continue watching
Jun 12 Betting on Death: Creepy or Not? EmbedVideo(3617, 620, 386); Monday night the NewsHour featured my discussion with Harvard professor Michael Sandel about his new book, "What Money Can't Buy," born from his famed, regularly mobbed Harvard course, "Justice," most of which is… Continue reading