May 13 Treasury Seeks More Regulation of Risky Derivative Trades By Admin, PBS News Hour The Obama administration is seeking new authority to oversee the virtually unregulated market for derivatives, a class of exotic financial instruments that includes the risky contracts that helped cripple insurance giant American International Group. Continue reading
May 13 Why Doesn't the Government Set Up a New Bank to Get the Economy Moving Again? Question: I’ve been watching the difficulties the government has had propping up the banks — the lack of control, the salaries, the fact that they’re trying to fix entities with a lot of toxicity on their balance sheets. The following… Continue reading
May 13 Watch Senators Expect Obama's Supreme Court Nominee 'Soon' President Barack Obama met Wednesday with key senators to discuss the selection of a Supreme Court nominee to succeed retiring Justice David Souter. Ray Suarez speaks with representatives from three groups trying to influence his nomination. Continue watching
May 12 Social Security, Medicare Weakened by Recession By Admin, PBS News Hour The financial health of Social Security and Medicare, the government's two biggest benefit programs, has eroded amid the deep economic recession, according to reports released Tuesday. Continue reading
May 11 Health Industry Vows to Trim Costs By PBS News Hour Six leaders of the health care industry have told the White House they are willing to dramatically cut spending in order to assist the Obama administration in its goal of overhualing the American health care system. Continue reading
May 08 Watch Shields and Brooks Mull Economic Expectations, Afghan Policy Columnists Mark Shields and David Brooks examine the outcome of the banking stress test results, U.S. policy toward Afghanistan and Pakistan and remember the life of Jack Kemp. Continue watching
May 08 Watch Thousands of Pakistanis Flee as Taliban Clashes Continue Margaret Warner recaps the latest developments on clashes between Pakistani military forces and Taliban fighters. Continue watching
May 08 Watch Zardari Assesses War on Taliban, Appeals for Aid Pakistan's President Asif Ali Zardari describes his country's offensive against the Taliban and other militant threats, and calls for more aid in this new "war of the world."… Continue watching
May 08 Conversation: Daniyal Mueenuddin By Arts Desk Daniyal Mueenuddin new book, "In Other Rooms, Other Wonders," comprises a series of linked stories that explore the lives of peasants and landowners in Pakistan's Punjab. Continue reading
May 08 Jobs Reports Shows Layoff Pace Slowed in April By PBS News Hour The pace of layoffs slowed in April as employers cut 539,000 jobs, the fewest in six months, according to a Labor Department report released Friday. But the unemployment rate climbed to 8.9 percent, the highest since late 1983. Continue reading