In the latest of his series of reports on the financial crisis, Paul Solman speaks to the founder of an organization funding creative public service ads on saving money.
By Admin, PBS NewsHour
More gloomy news emerged on the U.S. economic front Tuesday as consumer confidence fell to a record low in December and new data showed home prices dropped by the sharpest annual rate on record in October.
By PBS NewsHour
Despite an uptick in consumer confidence in December due to declining prices, most of Tuesday's economic news was gloomy, led by a shrinking economy and falling corporate profits and home sales.
The Fed's dramatic interest rate cut is an attempt to increase borrowing and spending. While the government tries to tamp down fears that are lowering consumer confidence, Paul Solman examines what it takes to report the economic indicator.
U.S. employers cut 533,000 jobs in November, the most in 34 years, pushing the unemployment rate to 6.7 percent. Columnist Steven Pearlstein and economist Lakshman Achuthan examine what the new job figures indicate.
After a two-day rally, U.S. stock prices plunged Wednesday as investors worldwide expressed concerns the global efforts to inject liquidity and restore confidence to the battered financial system may not be enough to stave off a widespread recession.
Rising consumer prices are raising Americans' cost of living, adding to economic woes, according to a new economic report. Analysts discuss the recent report and what it means for American consumers.
Residents of a once-prosperous California community are feeling an economic pinch as home foreclosures, the credit crunch, low consumer confidence and high oil prices have hurt the U.S. economy.
The Dow Jones dropped Thursday to its lowest point since September 2006, due to economic woes and soaring oil prices across the country. A chief investment officer examines the impact of the bleak news on the national economy.
By PBS NewsHour
U.S. home prices extended their record slide in April, with every top metropolitan area now posting annual losses and many showing double-digit declines, according to the Standard & Poor's/Case-Shiller home price index report released Tuesday.
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