Feb 17 Watch Amid State Struggles, Calif. Faces Deep Budget Shortfall As the stimulus goes into motion, states around the nation are facing budget shortfalls. California is facing a particularly dire situation, with thousands of jobs on the line. Continue watching
Feb 17 Watch Obama Signs Economic Stimulus Package Into Law President Barack Obama signed the landmark $787 billion economic stimulus package Tuesday. Kwame Holman reports on the president's latest efforts to communicate his economic plans in visits to cities around the country. Continue watching
Feb 16 Watch Foreclosure Crisis in California Devastates Some Neighborhoods In California, one in 25 homes faces foreclosure. Areas such as Inland Empire, known as "the affordable Orange County," are particularly hard-hit. KCET's "SoCal Connected" program reports on the crisis. Continue watching
Feb 16 Watch Referendum Results Empower Chavez to Continue 'Socialist Revolution' Venezuelans voted to lift a two-term constitutional limit on the presidential term, allowing Hugo Chavez to run for office again in 2012. Analysts discuss what this means for the future of Venezuelan politics. Continue watching
Feb 16 Watch States Hope Stimulus Will Boost Sagging Local Economies With state officials scrutinizing the stimulus plan for funding they hope will revive regional economies, four business writers examine what the real impact may look like. Continue watching
Feb 16 Watch Global Markets Sputter as U.S. Focuses on Stimulus The economy continued its decline, with Japan reporting a worse recession than in Europe and America. Tom Bearden gives an update on the world economic outlook. Continue watching
Feb 16 Why Won't Banks Lend Money? Editor’s Note: Paul recently answered “Five Good Questions” on the economy for the PBS Engage blog. You will also be able to find those answers here on the Business Desk all week. Question/Comment:… Continue reading
Feb 13 In Case You Missed It: Society's Ability to Weather Crisis Largely Depends on Leaders' Positions By Business Desk As the country struggles through an economic crisis, Paul Solman talked to author Jared Diamond about his book “Collapse: How Societies Choose to Fail or Succeed” on Friday’s NewsHour. Read the transcript here. // ]> // ]]>… Continue reading
Feb 13 Watch Society's Ability to Weather Crisis Largely Depends on Leaders' Positions Nations with leaders who are keenly affected by their own decisions may weather crises better than those whose leaders are further removed, according to author Jared Diamond. Diamond discusses his new book "Collapse: How Societies Choose to Fail or Succeed"… Continue watching
Feb 13 Watch Stimulus Battle, Obama Cabinet Top Week's News Columnists Mark Shields and David Brooks mull the political news of the week, including the battle in Congress over the stimulus bill and Sen. Judd Gregg's decision to drop his bid to become the Obama administration's commerce chief. Continue watching