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
Mar 03 Why Does AIG Need Yet Another Bailout? Question: Why does AIG need yet another bailout? Paul Solman: As Joe Nocera and Frank Partnoy explained on Monday’s show, it’s all about the “counterparties.” These are the large financial institutions with whom… Continue reading
Feb 27 Economy Shrank 6.2% at End of 2008, Fastest Since 1982 By Admin, PBS News Hour The U.S. economy contracted at a sharp 6.2 percent pace at the close of 2008, its worst showing since 1982, as exports plunged and consumers and businesses cut back spending. Continue reading
Feb 26 Watch Obama Administration Rolls Out $3.5 Trillion Budget Plan President Obama's $3.5 trillion federal budget plan for the fiscal year includes both record spending and deficits for a wide range of programs, including health care, education and bank rescues. Kwame Holman reports. Continue watching
Feb 26 What About the Recession's Effects on the Arts? Question/Comment: Is there a possibility that you would do a piece on the Brandeis decision to close the Rose Art Museum and sell the collection? I know you’re a graduate, as I am. It strikes me a bad decision… Continue reading