Feb 27 Economy Shrank 6.2% at End of 2008, Fastest Since 1982 By Admin, PBS News Hour The U.S. economy contracted at a sharp 6.2 percent pace at the close of 2008, its worst showing since 1982, as exports plunged and consumers and businesses cut back spending. Continue reading
Feb 17 Should the Government Spend or Give Out Tax Cuts? Editor’s Note: Paul recently answered “Five Good Questions” on the economy for the PBS Engage blog. You will also be able to find those answers here on the Business Desk all week. Question/Comment: There seems to be… Continue reading
Jan 30 Watch Rethinking Regulation's Role in a Struggling Economy A new government report cites continued oversight problems for the $700 billion federal rescue plan. Ray Suarez examines emerging views on regulation's role in the U.S. economy and the possible creation of a government-run "bad bank" that would help take… Continue watching
Jan 26 Watch Supreme Court Rules for Workers in Retaliation Case The Supreme Court ruled Monday that employees who speak out against discrimination in the workplace are entitled to legal protection from retribution. Marcia Coyle explains the court's decision. Continue watching
Jan 25 Why Are People Now Encouraged To Buy? By Business Desk Question/Comment: Is this economic downturn really related to so many U.S. citizens buying themselves into big debt with credit cards? Why then, are people now encouraged to buy? Paul Solman: Citizens, corporations and government… Continue reading
Jan 22 Microsoft Cuts 5,000 Jobs As New Unemployment Claims Rise By Admin, PBS News Hour In another sign of how bad the economy is getting for even the biggest companies, Microsoft Corp. announced Thursday that it is cutting 5,000 jobs over the next 18 months. Continue reading
Dec 31 Are Ethics Taught in Finance and Business? By Business Desk Question/Comment: At one point during your report on teaching job skills to at-risk urban youth, I noticed a wall behind a student displayed a list of qualities to embrace: be honest, be accountable, among others. It almost seems cruelly… Continue reading
Dec 02 Watch India's Government Under Scrutiny After Mumbai Attacks The terror attacks in Mumbai, India, have shaken the city's citizens and raised questions on the government's response. Simon Marks reports from Mumbai on how residents across the city are reacting to the deadly siege. Continue watching
Dec 01 Watch Amid Shock Over Attacks, Mumbai Residents Question City's Security Mumbai residents returned to work Monday for the first time since last week's terrorist attacks. But Indians remained shocked and angry at the newly-evident holes in the city's security. Simon Marks reports from Mumbai on the aftermath of the attacks. Continue watching
Nov 26 Watch London Shopkeepers Struggle to Stay in Business Amid Economic Troubles Britain's famous shops are reeling from troubles in the country's banking sector and hoping that a new stimulus plan will provide a much-needed boost. Margaret Warner reports from London on how businesses are coping with the crisis. Continue watching