Oct 20 Nonprofit Bank Buys Foreclosed Homes, Then Sells Them Back to Former Owners By Paul Solman // We have the third installment of our Making Sen$e foreclosure series on Wednesday's NewsHour. The focus: Boston Community Capital, a privately and publicly funded "community development finance institution." In this web video exclusive, we talk to… Continue reading
Oct 19 One Producer's Take on Putting a Human Face on the Foreclosure Story By Elizabeth Shell Editor’s note: Here on Making Sen$e, we like to highlight great and interesting work, tools and multimedia that are circulating the Web. While those usually involve the bylines of economists or business experts, that’s not always the case. Continue reading
Oct 15 Consumer Lawyer Max Gardner to Answer Your Foreclosure Questions By Paul Solman On the NewsHour Thursday, Paul Solman had the first in a series of reports on the foreclosure debacle. In "Show Me the Mortgage," Solman looked at some of the legal issues being raised about the validity of… Continue reading
Oct 12 This Year's Nobel Prize Winners in Economics: Skeptics and Supporters By Paul Solman A few words about the Nobel Prize in economics and this year's winners. First, the skeptics. They are eager to point out that the prize in economics is actually the Sveriges Riksbank Prize in Economic Sciences… Continue reading
Oct 08 September Job Losses Steeper, Worse for Economy Than Expected By Paul Solman Disturbing September job numbers out Friday showed a net loss in total employment of 95,000 jobs, as the federal government dropped 76,000 positions, mainly Census workers, and state and local governments lost 83,000. In the private sector, jobs increased… Continue reading
Oct 07 Upcoming: Ways To Deal With the Foreclosure Crisis By Paul Solman The past week's revelations of bank insouciance with regard to the legal niceties of foreclosure and eviction, most notably the robo-signers who admitted they did not read what they signed off on, have led to a national push… Continue reading
Oct 05 With Such High Unemployment, Should the Foreign Worker Program End? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news every day on his Making Sense page. Here's Tuesday's query: Name: John Carter Question: Given current employment, why is there still an H1-B program… Continue reading
Oct 04 What's The Best 'Spending Yourself Out Of Recession' Argument? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news every day on his Making Sense page. Here's Monday's query: Question: You recently answered a question about why stimulus spending is the government's responsibility. I… Continue reading
Sep 28 Watch News Wrap: Consumers, CEOs Hold Gloomier Economic Outlook A business research group reported that U.S. consumers and business executives have a pessimistic outlook for the future, noting consumer confidence was the lowest since February. Continue watching
Sep 23 Watch News Wrap: Small Business Bill Ready for Obama Signature In other news Thursday, the House approved a long-delayed bill designed to help small businesses get lending from community banks. Republicans opposed the loan fund, calling it another bailout. Continue watching