Dec 07 Watch Ireland’s Woes: Onetime Celtic Tiger Now ‘Nation of Beggars’ Ireland's finance minister announced severe budget cuts Tuesday as its economy reels from a real estate boom and bust that have left the country with massive debt. Emma Alberici reports from Dublin for the Australian Broadcasting Corporation. Continue watching
Dec 07 Two Retirement Planning Tool$ to Use NOW By Paul Solman Retirement tools. The questions they ask you to fill in seem designed to scare your pants off: How much do you expect to earn on your assets? When are you planning to retire? When are you going to die?… Continue reading
Dec 07 Two Retirement Planning Tool$ to Use NOW By Elizabeth Shell Retirement tools. The questions they ask you to fill in seem designed to scare your pants off: How much do you expect to earn on your assets? When are you planning to retire? When are you going to die? Sadly,… Continue reading
Dec 03 Watch Brooks, Marcus Tackle Tax Reform, Deficits, and Don’t Ask, Don’t Tell Columnists David Brooks and Ruth Marcus sort through the week's top political headlines, including the November job numbers, the future of "don't ask, don't tell" and President Obama's surprise trip to Afghanistan. Continue watching
Dec 03 Watch Deficit Plan Dealt Setback, But Austerity Ideas to Live On The president's deficit commission voted 11-7 Friday on a combination of spending cuts and tax increases recommended by its co-chairmen, falling short of the 14 votes needed to send the plan to Congress. Co-chair Alan Simpson still showed optimism, saying… Continue watching
Dec 03 Breaking Down the November Unemployment Numbers By Elizabeth Shell Unemployment rose little in November, with the official rate edging up slightly from 9.6 percent to 9.8 percent. The government's broadest measure of unemployment stayed steady at 17 percent. This figure includes the unemployed plus all who are only marginally… Continue reading
Dec 02 Watch Fed Disclosure Sheds Light on Scope, Risk of $3 Trillion Safety Net The Federal Reserve has released documents detailing $3.3 trillion worth of emergency efforts to prop up failing banks, Wall Street firms and large companies during the height of the financial crisis. Jeffrey Brown breaks down the new disclosures with Neil… Continue watching
Dec 01 Watch Simpson and Bowles: Era of ‘Deficit Denials’ Is Over Fiscal commission co-chairs Alan Simpson and Erskine Bowles have revised and trimmed a deficit proposal in an effort to win bipartisan support. But will it move beyond the proposal stage? The chairmen talk to Judy Woodruff about the controversial cost-cutting… Continue watching
Nov 29 Obama’s Call for Pay Freeze Stirs Up Debate on Federal Workers President Obama's call to freeze federal workers' pay for two years marks the biggest moment yet in an escalating debate over whether government employees are overpaid and often protected from the worst of economic conditions -- or whether… Continue reading
Nov 26 Watch As Holiday Shopping Kicks Off, Middle Class Appears ‘Marginally Better’ Major retailers like Best Buy and Toys "R" Us are seeing longer lines this year and hoping it translates into higher sales for the holiday shopping season. But Yahoo! Finance economics editor Daniel Gross says it takes more than good… Continue watching