Nov 12 Democrats Press for Billions in Aid to Auto Industry By PBS News Hour Democrats continued to push for aid for struggling U.S. automakers, calling for Congress to act during its lame-duck session next week to give the industry a much-needed financial boost as it confronts weak sales and plummeting stock prices. Continue reading
Nov 10 Watch Parties Seek Consensus on New Financial Stimulus Plan Congressional leaders and both President Bush and President-elect Obama have stressed the need for another financial stimulus package to jump-start the stalled economy. Economists weigh in on what steps they would take. Continue watching
Nov 06 Watch Newly Elected Senators Assess Priorities en Route to Capitol Hill After Tuesday's election, a handful of newly elected U.S. senators will help reshape the Congress. Senators-elect Jim Risch, R-Idaho, Mark Udall, D-Colo., and Sen. Jeff Merkley, D-Ore. assess their goals and what influence they will have on the 111th Congress. Continue watching
Oct 22 Foreclosure Rates for 3rd Quarter Up 70% From Last Year By Admin, PBS News Hour New data released Thursday show the number of homeowners caught in the foreclosure crisis grew by more than 70 percent in the third quarter compared with the same period last year. Continue reading
Oct 14 Watch Independent Candidate Ralph Nader Discusses Bid for Presidency Presidential candidate Ralph Nader speaks with the NewsHour's Ray Suarez about his latest bid for the White House and discusses his platform on the critical issues facing the country this election year. Continue watching
Oct 13 Watch World Leaders Pledge Aid to Curb Global Financial Turmoil As global markets try to steady themselves amid an economic crisis, world leaders pledged to pump billions of dollars into U.S. and European economies to allay the problems. A panel of financial experts discuss the move. Continue watching
Oct 10 Did anyone ever propose regulation or restrictions on credit default swaps? Question/Comment: Excellent report on credit default swaps. Did anyone, Congress or the Administration, or the Clinton Administration, ever propose any regulation or restrictions on these financial instruments? Paul Solman: Ah, regulation. The “genius” of these contracts was that they functioned… Continue reading
Oct 06 Watch Bailout Fails to Stem Credit Fears in Financial Markets Despite the approval of a sweeping $700 billion bailout bill on Capitol Hill, the downward march of the financial sector continued Monday as major world and U.S. markets plummeted. Continue watching
Oct 03 Watch After Week of Debate, House Passes Bailout Plan Members of the House approved a modified federal rescue plan Friday, moved by the Senate's support and mounting concerns over the stability of the U.S. financial sector. Kwame Holman reports on the bill's passage. Continue watching
Oct 02 Watch Questions Remain on Bailout Plan as House Prepares to Vote Anew The Senate on Wednesday approved a financial rescue package that could cost up to $700 billion -- the largest government intervention in U.S. history. Analysts discuss whether the plan will be enough to fix the ailing economy. Continue watching