Mar 06 Unemployment Woes Hit Cities, Suburbs Harder than Most of U.S. By Admin, PBS News Hour As the country absorbs the newest round of national unemployment data Friday, the real-world effect in local communities is proving a mixed picture. Continue reading
Mar 05 Watch Other News: Jobless Claims Drop, Homes Plan Advances The number of U.S. workers filing for unemployment benefits dipped to 639,000 last week, and the House of Representatives moved forward on a bankruptcy home loan bill. Also, the president of Sudan expelled more aid organizations after the International Criminal… Continue watching
Mar 05 What Would Happen if Washington Let Big Banks Fail? By Business Desk Question: What would happen if the government let Citibank and Bank of America, et al., just fail? Paul Solman: The possibilities are various, intriguing, and terrifying. Let’s say Citi goes under. The government has to honor all of the company’s… Continue reading
Mar 04 Watch Other News: Markets Rise, Bombing Targets U.S. Air Base in Afghanistan World markets reacted positively to news of China's planned stimulus, and a suicide bomber targeted a U.S. air base in Afghanistan. Jim Lehrer recaps the day's other news headlines, including a report from Margaret Warner in Afghanistan. Continue watching
Mar 04 Watch Obama Vows to Cut Waste in Government Spending Kwame Holman recaps the day's economic news, including President Barack Obama's new campaign against wasteful government spending and reactions to a plan for massive new spending on the economy. Continue watching
Mar 04 New Details Emerge on Mortgage Relief Plan By Admin, PBS News Hour The Obama administration on Wednesday announced new details on its $75 billion mortgage relief plan to help those in danger of losing their homes to foreclosure. Continue reading
Mar 03 Watch Europe Struggles for Consensus on Economic Recovery Britain's Gordon Brown met with President Barack Obama Tuesday and urged international cooperation to stem the global economic crisis. Analysts examine Europe's financial fallout. Continue watching
Mar 03 Watch Government Officials Defend Economic Recovery Plans Facing criticism from some lawmakers, government officials defended their economic recovery plans. Kwame Holman reports. Continue watching
Mar 03 Obama, Brown Praise Relations, Assess the Economic Crisis By Admin, PBS News Hour President Barack Obama and British Prime Minister Gordon Brown on Tuesday hailed the "special relationship" between their countries as the two held talks on how to solve the economic crisis reverberating around the globe. Continue reading
Mar 03 What’s the Significance of the Dow Dropping Below 7,000 Points? By Business Desk Question: What’s the significance of the Dow dropping below 7,000? Paul Solman: Just another number. To the extent that people focus on it, however, it can have the effect of increasing the anxiety over stock prices, and lead to more… Continue reading