Democrats say the $35 million jobs bill that passed the Senate Wednesday could create a quarter of a million jobs. The legislation would temporarily suspend payroll taxes for businesses that hire unemployed workers. Margaret Warner talks to a Washington Post…
Ending speculation that he might appoint a new central bank chief, President Obama said he would nominate Fed Chairman Ben Bernanke for a second term Tuesday as the administration continues its efforts to stabilize the embattled U.S. economy.
Leaders of the Group of Eight industrialized nations gathered in Italy on Wednesday to assess risks to the global economy and other key issues at their annual meeting. Margaret Warner reports from the summit.
In other news, stocks dipped to their lowest levels in more than two months on doubts about the strength of the economic recovery, and the president of Costa Rica agreed to mediate the political crisis in Honduras.
Treasury Secretary Timothy Geithner details the Obama administration's economic recovery plan and clarifies how the government plans to address the banking crisis.
President-elect Barack Obama met with state leaders at the National Governors Association conference Tuesday to help shape an economic recovery plan. A panel of governors describes how states are handling the financial downturn.
By PBS NewsHour
Paul Solman looks at the recession's effect on the changing world of manufacturing, where heavy losses have left many machinists with few options.
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