Feb 19 Watch Public, Bankers, Analysts Debate Merits of Obama's Foreclosure Plan Reaction in the banking world and among the public to President Barack Obama's plan to ease home foreclosures has proven mixed. Analysts debate the plan's merits and examine what the measure may mean for homeowners and lenders. Continue watching
Feb 19 Watch In Bad Economy, Countries Contemplate Protectionist Measures Across the globe, many countries are taking protectionist measures to buffer national economies from the ongoing economic downturn. Experts debate the potential effects of a trend toward protectionism. Continue watching
Feb 19 Watch Other News: Stocks Sink, California Approves Budget Stocks plummeted after bleak unemployment and manufacturing reports, and the California legislature approved and sent a budget to Gov. Arnold Schwarzenegger after a long political deadlock. Jim Lehrer recaps the day's other news headlines. Continue watching
Feb 19 Watch Economy Tops Agenda as Obama Visits Canada President Barack Obama attended talks on the economy, trade and the environment during his trip to Canada Thursday. Kwame Holman reports. Continue watching
Feb 19 Stanford Group Leaves Houston High and Dry This week the Securities and Exchange Commission charged Texas banking billionaire R. Allen Stanford with over $8 billion in fraud, leaving depositors throughout Latin America wondering where their money is and whether they'll get it back. Continue reading
Feb 18 Watch Obama's Mortgage Plan Marks Next Step in Recovery Effort One day after signing the stimulus bill, President Barack Obama unveiled a plan Wednesday to stem the foreclosure crisis. White House adviser Lawrence Summers offers insight on the recovery strategy. Continue watching
Feb 18 Watch Other News: Markets Flat, Calif. Budget Deal in Peril In Wednesday's other news, Wall Street was flat, and controversy in the California state Senate has endangered a fragile deal over the state's budget crisis. Continue watching
Feb 18 Watch Obama Unveils Plan to Curb Home Foreclosures President Barack Obama unveiled a $75 billion plan to ease the mortgage crisis that helped trigger the country's economic crisis. Kwame Holman reports on the president's announcement and other economic news of the day. Continue watching
Feb 18 At What Point Does Increasing Productivity Damage a Consumption-Based Economy? Question/Comment: At what point does increasing Productivity damage a consumption-based economy? Can this be discussed with respect to the recent historically high levels of productivity in “modern industrialized” economies with relatively inelastic labor pools? Paul Solman: Most economists will tell… Continue reading
Feb 18 GM, Chrysler Paint Dire Picture in Plea for More Federal Aid By Admin, PBS News Hour Nine weeks after automakers made their first plea to Congress for emergency aid, General Motors and Chrysler submitted new restructuring strategies and requests for additional federal funds that could bring the government's total tab to $39 billion. Continue reading