In the first part of a series on Peru, Ray Suarez reports on a growing and business friendly environment in a country rebounding from economic instability and deep debt just twenty years ago.
Question: How reliable is unemployment data as a guide to future economic growth? Paul Solman: Not much at all, I wouldn’t think. For one thing, employment tends to FOLLOW growth — for the obvious…
Paul Solman: The blizzard of response to the Andrews/McArdle affair has thinned to a flurry, but flakes keep coming, affording me an opportunity to respond to the persistent inclemency and continue the multi-logue, a first for this page.
Global Financial Leaders, including World Bank President Robert Zoellick and U.S. Treasury Secretary Timothy Geithner, are gathering in London for a G-20 summit and are expected to discuss global financial regulation and taxation issues. Faisal Islam of Independent Television News…
By PBS NewsHour
Consumers cut spending for a sixth straight month in December and, heeding the impact of the recession-laden economy, boosted their savings rates to the highest level since May, according to the latest round of government reports.
House Minority Leader John Boehner outlined his views of President-elect Barack Obama's stimulus plan Thursday, criticizing the size of the spending packages and saying the focus should be on providing quick relief to families and small businesses.
With Congress set to revisit reaching a compromise over the proposed $700 billion bailout that failed in the House on Monday, a panel of lawmakers debate the plan and future efforts to alleviate the economic meltdown.
Sens. John McCain and Barack Obama focused their campaigns on the sluggish U.S. economy this week amid voter concerns over economic troubles and a looming record budget deficit. Campaign advisers debate the effectiveness of the rivals' plans.
Question/Comment: Paul, in 1965, my dad bought our house in a suburb of Los Angeles for about $3,000. In 1979, he sold it for about $80,000. Why did the market jump so much in just 14 years? This has been…
Question/Comment: Can you elaborate on the pro and con arguments behind our current account deficit? How much of a drag is it on GDP growth? Paul Solman: Pro: We get to buy more now…
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