Jun 02 Geithner in China: How Is China Weathering the Economic Crisis? By Business Desk Question: How is China weathering the economic crisis? And does China want to remain the United States’ largest creditor? Paul Solman: With Treasury Secretary Tim Geithner in Beijing for the past few days, the financial world has been watching and… Continue reading
Apr 29 Economy Shrank by 6.1% in First Quarter By Admin, PBS News Hour The Commerce Department released numbers Wednesday estimating the economy contracted during the first three months of the year at nearly the same rate as the final quarter of 2008, marking the third straight quarter of decline since the late 1950s. Continue reading
Mar 31 New GM CEO Predicts ‘Deeper’ Restructuring By PBS News Hour The new chief of General Motors Corp. said Tuesday that the struggling automaker will likely shutter more U.S. plants and cut jobs as it embarks on a "deeper" company restructuring. Continue reading
Mar 27 Was Depression-Era Debt as High as It Is Now? Question: When we hear comparisons between today’s economy and that of the Great Depression, I wonder: Had as many people and institutions been as highly leveraged then as now? Were personal and institutional debt as high then as they are… Continue reading
Mar 06 Unemployment Rate Soars to 8.1% in February By Admin, PBS News Hour U.S. employers cut 651,000 jobs in February, the Labor Department reported Friday, pushing the nation's unemployment rate to 8.1 percent, the highest it has been since 1983. Continue reading
Oct 03 Employers Slash 159,000 Jobs in September By Admin, PBS News Hour Employers cut payrolls by 159,000 in September, the most in more than five years, the Labor Department reported Friday, raising new fears that the economy has lost its footing and is sliding into a recession. Continue reading
May 01 Watch Book Investigates Public Transparency Policies Author Mary Graham discusses her new book, "Full Disclosure: The Perils and Promise of Transparency," on the government's ability and challenges to providing vital information to the public. Continue watching
Dec 28 Milk and Meat from Cloned Animals Safe to Eat, FDA Says By PBS News Hour The Food and Drug Administration issued a preliminary decision Thursday saying that food products from cloned animals are safe to eat. Under the proposed guidelines, the products would also not be required to carry a special label. Continue reading
Sep 25 Watch Intelligence Report Finds War Increasing Terrorist Threat Following the leak of the National Intelligence Estimate, a report from U.S. intelligence agencies that found the Iraq war is fueling Islamic radicalism and emboldening terrorists, Democrats reiterated the call for a new plan in Iraq. A CIA veteran discusses… Continue watching