As fears over the economic crisis continue to erode investors' confidence, markets at home and abroad are feeling the effects. Financial analysts discuss how the markets relate to the realities of the economic turmoil.
One day after signing the stimulus bill, President Barack Obama unveiled a plan Wednesday to stem the foreclosure crisis. White House adviser Lawrence Summers offers insight on the recovery strategy.
In California, one in 25 homes faces foreclosure. Areas such as Inland Empire, known as "the affordable Orange County," are particularly hard-hit. KCET's "SoCal Connected" program reports on the crisis.
The Treasury Department outlined an overhaul of the financial rescue plan Tuesday as the stimulus bill moved forward. Economists and analysts react to the developments.
While awaiting a response to my answers to your questions from MIT’s Simon Johnson, who is about to become this quanda’s newest guest vetter, perhaps it would be interesting to read a bit…
Business correspondent Paul Solman explores the problem of banks holding toxic assets and explains how the Swedes successfully emerged from a similar economic crisis by splitting banks into "good" and "bad" categories.
Jobless claims rose and Supreme Court Justice Ruth Bader Ginsburg underwent surgery after a diagnosis of pancreatic cancer. Jim Lehrer reports on these and other news developments of the day.
President Obama announced Monday new caps on executive pay for those firms receiving federal bailout aid. Analysts examine the new guidelines.
In one of the worst economic years in history, Wall Street executives received more than $18 billion in bonuses. Experts examine how such bonuses work, followed by the analysis of Mark Shields and David Brooks.
Some of the nation's brightest economists failed to predict the foreclosure crisis and economic recession that followed. Paul Solman asks them why no one connected the dots in time to warn the public.
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