Jul 31 U.S. Economy Shrinks Less Than Expected By Dave Gustafson The U.S. economy sank at a pace of just 1 percent in the second quarter of the year, the Commerce Department reported Friday, in a better-than-expected showing that the recession could be winding down. Continue reading
Jul 29 Watch In Forum, Bernanke Says Fed Was Late Addressing Subprime Crisis The third and final installment of a special forum with Federal Reserve chief Ben Bernanke, moderated by Jim Lehrer in Kansas City, Mo. Continue watching
Jul 29 Tales From the Fed: Rivlin on Popular Misunderstandings of the Fed Paul Solman: The Federal Reserve is one of the least understood government entities in the United States. When I spoke to Alice Rivlin, former vice chair of the Fed Board and now a senior fellow at Brookings, about what… Continue reading
Jul 29 U.S., China End Two Days of Talks With Few Concrete Results By Carolyn O'Hara The United States and China ended two days of high-level talks Tuesday, pledging to improve cooperation on economic and security issues, including on policies aimed at economic recovery and international non-proliferation agreements. Continue reading
Jul 28 Watch At Forum, Fed Chairman Calls for Patience on Stimulus In part two of Jim LehrerÆs conversation with Ben Bernanke, the Federal Reserve chief discusses the state of the Obama administrationÆs economic recovery efforts, and the central bank's efforts to help homeowners facing foreclosure. Continue watching
Jul 28 U.S. Home Prices Rise Slightly, Consumer Confidence Drops Again By Carolyn O'Hara A key measure of the housing market shows that U.S. home prices rose slightly in May, posting the first monthly increase since the summer of 2006. Meanwhile, consumer confidence continued to decline, according to another closely watched measurement. Continue reading
Jul 27 Watch With Trade Hub History, K.C. a Crossroads for Commerce Economics correspondent Paul Solman explores Kansas City, Mo., home to one of 12 regional Federal Reserve banks and a crossroads for the U.S. economy. Continue watching
Jul 27 Watch Bernanke Reflects on Fed's Aggressive Actions In the first of a three-part discussion, Fed Chairman Ben Bernanke warned that jobless rates may continue to rise and discussed his fears of another Great Depression. Continue watching
Jul 22 Watch Bernanke Signals Slow Recovery, Defends Fed's Powers Fed chief Ben Bernanke told a Senate panel on Wednesday that economic recovery should begin soon, albeit slowly at first. A financial analyst and a lawmaker speak with Ray Suarez about the testimony. Continue watching
Jul 22 Bumping Along the Economic Bottom By Anna Shoup Patchwork Nation's Hardship Index -- a short-term barometer of how communities are faring each month -- rose in July, indicating that the country's not out of the downturn quite yet. Continue reading