Jul 22 Are Geithner and Summers Too Close to Wall Street? By Business Desk Question: Are Timothy Geithner and Larry Summers too close to the players that produced this economic crisis — so close that they will not have the vision, values, or mindset that will allow them to take the difficult steps that… Continue reading
Jul 21 Watch Bernanke Details Stimulus Exit Plan to Congress Despite recent improvements in the economy, the Federal Reserve will keep interest rates near zero, chairman Ben Bernanke told lawmakers Tuesday. Greg Ip of "The Economist" examines the chairman's testimony with Gwen Ifill, and discusses the central bank's plans to… Continue watching
Jul 21 Bernanke: Fed has Stimulus Exit Strategy By PBS News Hour Federal Reserve Chairman Ben Bernanke looked to assure lawmakers and Wall Street that the central bank will be able to scale down its massive stimulus efforts and avoid inflationary concerns when the economic recovery is more certain. Continue reading
Jul 20 Watch Obama Outlines Expectations for Health Reform Timeline, Economic Recovery In an interview with Jim Lehrer, President Barack Obama said he could be flexible on the August deadline for a health care reform plan if most details are in place and discussed the state of the economy. Continue watching
Jul 20 Ask Fed Chief Ben Bernanke About the Economy By Business Desk Paul Solman: My longtime motto: There is no big time. But if there were, this might be your chance to become part of it. You can pose an economic question here — not to me or even one of my… Continue reading
Jul 17 Bank of America, Citigroup Report Strong Profits By PBS News Hour Two ailing banks that just a few months ago symbolized many of the troubles afflicting the American banking system posted strong second-quarter profits Friday, exceeding analysts' expectations. Continue reading
Jul 16 China's Economy Rebounds With Sizable Growth By PBS News Hour The Chinese government reported that the country's economy grew by 7.9 percent in the second quarter of this year, fueled by massive stimulus spending and more than $1 trillion in lending by state-run banks. Continue reading
Jul 14 Simon Johnson on China and the U.S. Economy By Business Desk Paul Solman: The second in this week’s series of video exchanges with Simon Johnson of the Peterson Institute of Economics, MIT, and (formerly) the IMF, concerns China. Continue reading
Jul 10 Watch Brooks, Marcus Mull Court Politics, Health Care Reform Columnists Ruth Marcus and David Brooks discuss top political news, including next week's hearings on Sonia Sotomayor's Supreme Court nomination, the pace of health care reform and President Obama's trip abroad. Continue watching
Jul 10 Watch Post-Bankruptcy, GM CEO Pledges New Course After the announcement that General Motors Corp. had completed its 40-day stay under bankruptcy protection, CEO Fritz Henderson speaks to Judy Woodruff about the company's goals for remaking the struggling auto maker. Continue watching