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
Sep 23 Could Small Stuff Be Good Indicators the Economy is Turning Around? Question: In trying to understand how to read the signs that we might be in a more robust recovery, I hear a lot about business expansion, hiring, product development and other growth-oriented factors that would serve as key indicators. Continue reading
Sep 22 Why Can’t New Jobs Be Created Immediately? This entry is cross-posted on the Business Desk, where business and economics correspondent Paul Solman answers your questions on economic news. Follow Paul on Twitter. Question: First of all, thank you for the articles on the 99ers. We… Continue reading
Sep 17 Sizing Up Wall Street Critic Elizabeth Warren as Your Consumer Advocate By Paul Solman Today, Elizabeth Warren was put into de facto control of the Consumer Financial Protection Bureau she helped conceive. Opposition from America's banks was the widely reported reason she wasn't formally nominated to run it. One might wonder that the U.S. Continue reading
Sep 14 Update | Mott’s Strike Settled: Workers Returning to Apple Sauce Factory By Paul Solman There was considerable viewer interest in last week's story on increased U.S. productivity being caused by a reservoir of unemployed workers, allowing firms to pressure workers to toil longer and harder for the same or lower wages. Our… Continue reading
Sep 08 Geithner: Past Policy Choices, Politics Making It Harder to Fix U.S. Economy By News Desk In a newsmaker interview with Jim Lehrer, Treasury Secretary Timothy Geithner said Wednesday afternoon that economic policy decisions made before this administration took office -- and the current political climate -- are teaming up to make it harder to fix… Continue reading