Apr 02 Watch Florida Struggles to Keep Up With Demands on Unemployment System In the latest in a series of reports making sense of the economy, Paul Solman examines troubles for both those receiving and those paying for jobless benefits in Florida, where jobless rates are the sixth highest in the country. Continue watching
Mar 30 Watch Peru Nurtures Growth Amid Economic Uncertainty 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. Continue watching
Mar 26 Obama to Announce Major Expansion of Mortgage Relief Program Updated 11:00am ET The Treasury Department has posted this press release with more details on the mortagage aid plan. With estimates showing more than 3 million households may file for foreclosure by year's end, the Obama administration is… Continue reading
Mar 23 Coming Soon to Hollywood: Movie Derivatives Moviegoers will soon be able to decide which films to see based not on stars or tomatoes, but on how well they're being traded by investors. Two investment firms are working to develop a futures market for movie derivatives that… Continue reading
Mar 16 Fed Holds Key Interest Rate Near Zero The Federal Reserve repeated its pledge on Tuesday to hold its key interest rate near zero "for an extended period." In a statement, the central bank said, "Information received since the Federal Open Market Committee met in January suggests… Continue reading
Mar 16 Watch Payday Lenders Face Increasing Scrutiny Starting off a two-part look at plans to overhaul the nation's financial industries, Ray Suarez reports on the call for more regulation of payday lenders. These businesses have been criticized for preying on the poor by offering short-term, high-interest loans. Continue watching
Mar 11 Foreclosures Drop to Slowest Pace in Four Years By Jason Breslow Foreclosure data released Thursday offer a glimmer of hope for the U.S. housing market. But make that a qualified glimmer. Foreclosures slowed to their slowest pace in four years in February, but were still 6 percent higher than a year… Continue reading
Mar 05 For Many Part-Timers, Underemployment Is a Full-Time Concern By Maureen Hoch Since the start of the recession, more Americans have been thrust into part-time work either due to economic concerns or because they can't pin down a full-time job. Continue reading