Editor’s note: Last night on the NewsHour, Paul filed a compelling report on the fall of Lehman Brothers one year after the firm’s descent into bankruptcy. He traces Lehman’s fall from storied Wall Street investment bank to catalyst for the…

Editor’s Note: For the next week, we’ll be featuring video conversations here on the Business Desk with one of our favorite economists, Simon Johnson, former chief economist at the IMF, now at the…

Foreclosure filings in the United States jumped in July, again setting a record for the third time in five months. The increase was due to falling home prices and the recession, which kept some homeowners from making payments or refinancing.

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