Watch 9:29
What trends distinguished the U.S. economy over the past decade?
As the year comes to a close, we look back at the past decade in the American economy -- the first without a recession since record-keeping began in the 1950s. While unemployment remains at a historic low, wage growth has…
Watch 9:12
Americans are drowning in medical debt, so this nonprofit is buying — and forgiving — it
Collectively, Americans owe nearly a trillion dollars of medical debt, and Congress is trying to figure out a policy response. But in the meantime, economics correspondent Paul Solman reports on an unusual non-profit’s effort to relieve the burden of medical…
Watch 11:27
China’s massive Belt and Road initiative builds global infrastructure — and influence
China’s Belt and Road Initiative is the most expensive infrastructure project in history. Chinese companies are constructing roads, pipelines and railroads across the globe. But they are also building China’s influence, and critics in the U.S. and Asia worry Belt…
Watch 4:27
Consumers may lose protections in proposed payday lending changes
In a major win for the payday lending industry which gives quick loans at exorbitant interest rates, the Consumer Financial Protection Bureau is proposing changes to regulations that protect borrowers from being trapped in long-term debt. Ken Sweet, Associated Press’…
American corporations have elevated their debt loads to potentially risky levels, the Federal Reserve said Wednesday in a report that raised concerns about the financial system 10 years after the 2008 crisis erupted.
Eight years ago, Greece’s financial crisis threatened the value of the euro and led to the world’s largest bailout in history. As the country approaches the end of the bailout program next month, unemployment rates remain high and foreclosures loom…
The nation’s $1.4 trillion student debt burden doesn’t just fall on young graduates, it’s affecting older Americans, too. The number of people age 60 and older with student loans has quadrupled in the last 10 years. NewsHour Weekend’s Megan Thompson…
Illinois is on track to become the first U.S. state to have its credit rating downgraded to "junk" status, which would deepen its multibillion-dollar deficit and cost taxpayers more for years to come.
Puerto Rico essentially filed for bankruptcy this week in order to restructure more than $120 billion in debt and pension obligations. With the economy mired in a slump, the government is reducing public services, pensions are likely to be cut…
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