Dec 13 What’s Causing U.S. Personal Spending to Drop: Job Losses, Fear or Both? By Paul Solman Paul Solman answers questions from NewsHour viewers and site visitors on business and economic news most days on his Making Sen$e page. Here's Monday's query: Name: Michael Cassady Question: Paul, If the U.S. consumer market is the… Continue reading
Dec 13 What’s Causing US Personal Spending to Drop- Job Loss, Fear? By Elizabeth Shell Name: Michael Cassady Question: Paul, If the U.S. consumer market is the economic driver of the U.S. economy, and that of China too, with middle-class incomes stagnant, and consumer debt more controlled following the housing market bubble, how many jobs… Continue reading
Dec 10 Loan Modifications: A Question of Economic Injustice? By Elizabeth Shell Three questions today, one answer. Name: James Tracey Question: On a recent program, you interviewed a lady from the New York city area, who works in the public education field. She was about to lose the house that her family… Continue reading
Dec 09 Good Ideas to Save the Economy Can Have Bad Unintended Consequences By Elizabeth Shell Name: Fred Damato Question: Would this work to jump start the economy? Give all citizens (with incomes up to $250,000) the option to withdraw some or all of their retirement savings tax free if they pay all cash for a… Continue reading
Dec 08 Looking To the Past To See the Future: More Anxiety May Await Us By Elizabeth Shell Name: Sophia Shelko Question: What does the future hold for people that have lost or have been victims of this economic crisis? An example: those who faced foreclosures of their homes and had their credit ruined. Paul Solman: If the… Continue reading
Dec 07 Two Retirement Planning Tool$ to Use NOW By Elizabeth Shell Retirement tools. The questions they ask you to fill in seem designed to scare your pants off: How much do you expect to earn on your assets? When are you planning to retire? When are you going to die? Sadly,… Continue reading
Dec 06 Malemployed College Graduates Cope with Discouragement By Elizabeth Shell Headline unemployment (U-3) was up to 9.8 percent in November, and the government's broadest indicator, U-6, which includes all who worked at all last month, even if just for an hour -- is holding steady at 17 percent. Add… Continue reading
Dec 03 Unemployment Verdict: Worse Than it Appears By Elizabeth Shell The verdict on today's unemployment numbers is unequivocal. Conservative economist Peter Morici writes: "Terrible! Only 39,000 new jobs created is awful. After we back out health care and social services, which are largely government funded, the private sector… Continue reading
Dec 02 Tips and Where to Go For Help With Your Home Loan Modification By Elizabeth Shell Name: Ben Roman Question: I am having a problem with trying to get a modification loan for my home which may soon be going into foreclosure. Where and to whom should I go to ask for assistance? Paul Solman: For… Continue reading
Dec 01 Million Dollar Questions: Who’s Bailing Who Out? By Elizabeth Shell I'm OK, EuroK? Maybe not. Here's an Australian parody video of what you might call "EuroK thinking." It's making the rounds in Europe at the moment. (The link was sent by a friend in Spain.)… Continue reading