Jul 15 Reader Response: What Will Drive America’s Future Growth? Paul Solman: Viewer John David wrote these questions in an email back in April, responding positively to an interview with marketing expert Paco Underhill, which aired again last night. I only just got around to answering him, which began… Continue reading
Jun 18 Watch Geithner Defends Plan for Regulatory Overhaul In an interview with Jim Lehrer, Treasury Secretary Timothy Geithner details the administration's case for a sweeping overhaul of the financial regulation system and discusses the government's role in shaping an economic recovery. Continue watching
Jun 18 How Will the Regulatory Reforms Affect Consumers? Paul Solman: We asked a number of people in the personal finance business and others close to the credit crisis to weigh in on the Obama administration’s new consumer protection proposal. I’m struck by Doug Elliott’s admonitions, especially his last… Continue reading
May 19 Why Are Credit Card Companies Raising Rates on Good Borrowers? Question: My wife’s credit card has been paid off in full, every month, for at least 10 years running (since we have been married). In fact, there usually is a 2-3 dollar “credit” balance every month. (I always round up… Continue reading
May 15 Watch Other News: Markets Fall on Auto Dealership Closings In other news, the markets fell on news of auto dealership closings, and consumer prices were unchanged in April. Continue watching
May 14 Watch Senate Moves Closer to Reining in Credit Card Companies The Senate neared approval Thursday of a bill to rein in credit card companies, which could mean new rules will be in place by early next year. Ray Suarez reports. Continue watching
Apr 24 Watch In Slumping Economy, a Shift in Shopping Habits Economics correspondent Paul Solman speaks with author Paco Underhill about how consumer habits have changed during this recession. Continue watching
Apr 15 Watch Paul Solman Breaks Down The ‘Paradox of Thrift’ During the economic downturn, the American savings rate is rising fast, with some unexpected consequences. Paul Solman examines how the economy might suffer when thrifty consumers decide to save their money instead of spending it. Continue watching
Apr 15 Are Americans Becoming Savers? Tonight’s NewsHour features a piece called “The Paradox of Thrift.” The phrase refers to the potential downsides of squirreling money away, especially if all of us do it at once. While saving is often a good thing – and something… Continue reading
Apr 14 Watch Obama Voices Both Caution, Optimism on Economy Retail sales in March showed the economy has not yet recovered on the same day President Obama delivered a speech cautioning Americans to be patient as the government tries to turn things around. Kwame Holman provides a report. Continue watching