Nov 18 The New GM: Good Bet for Long Haul? As soon as the stock market opened Thursday, there was plenty of excitement surrounding GM's initial public offering and its return to the open market, exceeding even the rising expectations of just a few days ago. But there's a big… Continue reading
Nov 17 Watch In Maine, Service Time Swapped to Help Stretch Dollars in Recession Special correspondent David Brancaccio traveled across America to find people who are creating new jobs and opportunities in their communities to stay afloat during the recession for a PBS documentary called "Fixing the Future." In this excerpt, he reports how… Continue watching
Nov 17 The Many Ways to Trim a Deficit: More Debt-Cutting Proposals Unveiled Two more plans to cut the federal deficit and rein in debt landed Wednesday. The problem, as laid out by former Sen. Pete V. Domenici and Alice M. Rivlin, who led President Bill Clinton's budget office, is long-term… Continue reading
Nov 16 Watch News Wrap: Markets on Edge Over Ireland's Growing Debt Crisis In other news Tuesday, European Union finance ministers met to discuss a possible bailout for Ireland, whose banks have more than $60 billion in real estate debt. In Haiti, the death toll from cholera passed 1,000 as two died in… Continue watching
Nov 15 Watch News Wrap: Irish Officials Confirm Debt Talks, Say Bailout Not Needed In other news, Ireland's debt soared after it rescued five banks from huge real estate losses, but officials there insist the country doesn't need a bailout. Meanwhile, European Union officials reported the Greek government has much more debt than first… Continue watching
Nov 12 Watch At G-20, Loose Goals Set for Trade Imbalances; U.S. Prods China on Currency World leaders at the G-20 summit in South Korea set broad guidelines for the global economy but left out details on how key issues will be resolved. Jeffrey Brown speaks with Sewell Chan of the New York Times, who covered… Continue watching
Nov 12 Watch G-20 Leaders Leave With Few Specifics on Trade, Currency The Group of 20 summit in South Korea concluded with some broad goals but many lingering questions over currency disagreements and trade imbalances. Judy Woodruff gets more on what happened -- and what didn't happen -- with Eswar Prasad of… Continue watching
Nov 10 Fiscal Commission Proposes Big Cuts, Tax Reform to Reduce U.S. Debt By Chris Amico The Fiscal Commission charged with charting a path toward a balanced federal budget released a draft report Wednesday, calling for cuts… Continue reading
Nov 10 Watch Obama to Face Concerns Over Dollar Deflation, Fed Move at G-20 As President Obama meets global leaders in South Korea to tackle currency and trade disputes, he will face concerns over U.S. actions that could drive down the value of the dollar and hurt the price of exports. Judy Woodruff speaks… Continue watching
Nov 05 Watch Krugman: Jobs Report Shows Labor Market 'Going Sideways' Private-sector job growth in October surprised analysts, but U.S. unemployment held steady at 9.6 percent. "This is not progress," economist Paul Krugman told Judy Woodruff, while Douglas Holtz-Eakin said job growth has hit an "unacceptable anemic pace."… Continue watching