Apr 08 As the Amount of Money in Circulation Increases Rapidly, How Does the Fed Prevent Hyperinflation? By Business Desk Question: If the Fed and Treasury have increased the amount of money in circulation by $1.6 trillion in an effort to stave off deflation in the near term, how does the Fed take this money back out of circulation to… Continue reading
Apr 07 Watch Americans' Attitude Toward Recession Shows Mix of Optimism, Despair A new poll reveals that many Americans are more optimistic and confident about the general economy's recovery than they are about their own personal financial situations. The Hotline's Amy Walter assesses the new data. Continue watching
Apr 07 Why Does the United States Have to Borrow Money From Other Countries? Question: If the federal government (and/or Treasury) can just create money, why does it have to borrow it from other countries? Paul Solman: Great question. Because it’s so cheap to do so right now, the thinking goes, why… Continue reading
Apr 06 Weekly Poem: 'Weebles wobble but they don't fall down' Bob Hicok is the author of five collections of poems, including "This Clumsy Living" (2007), which won the 2008 Bobbitt Prize from the Library of Congress. Continue reading
Apr 03 Watch Shields and Brooks on Economy's Moves, Obama's Trip Columnists Mark Shields and David Brooks weigh the news of the week, including what new unemployment numbers say about the economy, tough talk on the auto industry and President Obama's trip to Europe. Continue watching
Apr 03 Watch Jobless Rate Climbed to 8.5 Percent in March The latest report from the Labor Department showed the unemployment rate climbed to 8.5 percent in March. Christine Owens, executive director of the National Employment Law Project, offers insight on the numbers. Continue watching
Apr 03 Unemployment Climbs to 8.5% in March By Admin, PBS News Hour The nation's unemployment rate climbed to 8.5 percent in March, marking its highest level since 1983, as employers slashed a net total of 663,000 jobs, according to government figures released Friday. Continue reading
Apr 02 Watch Other News: Jobless Claims Rise; FDA May be Allowed to Regulate Tobacco Products The Labor Department reported another increase in new jobless claim benefits, and the House voted to give the Food and Drug Administration authority to regulate tobacco products for the first time. Continue watching
Apr 01 Text: Joint U.S.-Russia Statement By Admin, PBS News Hour Following a meeting between President Barack Obama and Russian President Dimtry Medvedev in London ahead of the G20 economic summit, the following joint statement from the two leaders was released by the White House Press Office. Continue reading
Mar 31 Watch Schools Cope With Rising Numbers of Homeless Students Amid the economic downturn, schools are struggling to cope with a growing number of homeless children and families. Special correspondent John Tulenko of Learning Matters reports from Wisconsin. Continue watching