Sep 22 Why Can’t New Jobs Be Created Immediately? This entry is cross-posted on the Business Desk, where business and economics correspondent Paul Solman answers your questions on economic news. Follow Paul on Twitter. Question: First of all, thank you for the articles on the 99ers. We… Continue reading
Sep 21 Obama Economic Team Turning Over as Larry Summers Departs By Murrey Jacobson It's official now: With the midterms fast approaching, President Obama's economic team is turning over. The latest departure: Larry Summers, the president's chief adviser on economic matters and director of the National Economic Council, who announced Tuesday afternoon that… Continue reading
Sep 21 Paul Solman on Emotions of Job Loss and Foreclosure, Meaning Of ‘The Hat’ By Elizabeth Shell Hari Sreenivasan recently spoke with business and economics correspondent Paul Solman about the emotional responses people have had when interviewed about losing their homes, their jobs or both in the economic downturn. Also, "The Hat" makes a special appearance. Continue reading
Sep 21 Watch Examining the Effects of Economic Sanctions on Iran How are Iranians being affected by economic sanctions put on the country by other nations, including the U.S.? Margret Warner reports on how the sanctions are taking hold. Continue watching
Sep 20 Recession Was Longest in Modern Record, Report Reveals With an unemployment rate stuck well above 9 percent, it may not feel like an accurate diagnosis to many Americans, but economists say the longest recession since World War II finally ended in June 2009. At least that's the judgment… Continue reading
Sep 17 Watch Shields and Brooks on Role of Values Voters, New Watchdog Agency Syndicated columnist Mark Shields and New York Times columnist David Brooks analyze the week's top news including what role "values voters" are playing in this year's midterm elections and what effect Elizabeth Warren's new consumer protection agency will have on… Continue watching
Sep 17 Sizing Up Wall Street Critic Elizabeth Warren as Your Consumer Advocate By Paul Solman Today, Elizabeth Warren was put into de facto control of the Consumer Financial Protection Bureau she helped conceive. Opposition from America's banks was the widely reported reason she wasn't formally nominated to run it. One might wonder that the U.S. Continue reading
Sep 16 Watch Record Poverty Level: ‘Long Slog Ahead’ for Poor Americans? The Census Bureau released a report showing that one in seven Americans lived in poverty last year, and more than 50 million are not insured. Ray Suarez discusses the record poverty numbers and the recession's effects on the poor with… Continue watching
Sep 16 Watch Arianna Huffington Zeroes in on Declining Middle Class in New Book Gwen Ifill speaks with liberal commentator, online media magnate and author Arianna Huffington about her new book, which concentrates on the declining U.S. middle class. Continue watching
Sep 16 Watch Fidel Castro Reveals Doubts in Cuba’s Troubled Economic System A healthier Fidel Casto recently granted an audience with an American journalist and Latin America scholar, revealing his concerns with Cuba's economic system. Continue watching