Feb 13 Watch Final Stimulus Package Aimed at Jolting Sluggish Economy The stimulus bill neared final approval in Congress Friday after weeks of tough debate. After a recap of the developments, Obama economic adviser Christina Romer discusses the plan. Continue watching
Feb 13 Mich. Budget Would Eliminate Arts Funding When Michigan Gov. Jennifer Granholm announced her 2010 budget proposal on Thursday, there was something missing: money for the arts. Continue reading
Feb 13 Latest Stimulus Package Restores Arts Funding The House of Representatives approved a compromise $787 billion economic stimulus package Friday afternoon that would provide $50 million to the National Endowment for the Arts for projects across the country. Continue reading
Feb 13 If Our Economy is More Global, Does That Change Our Strategies? 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 Should the Government Give Money to Consumers to Pay Off Credit Cards, Mortgages? 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 12 Watch Zimbabwe Power-sharing Agreement Finalized Longtime Zimbabwe President Robert Mugabe and opposition leader Morgan Tsvangirai entered into a formal power-sharing agreement Wednesday. NPR correspondent Ofeibea Quist-Arcton updates the story from Harare. Continue watching
Feb 12 Watch Other News: Wall Street Slumps, Satellites Collide In Thursday's other news, stocks fell on Wall Street and a Russian and U.S. satellite collided over Siberia in the largest accident of its kind. Continue watching
Feb 12 What is the Worst Case Scenario if the Consumer Becomes a Saver? Question/Comment: What is the worst case scenario if the consumer becomes a saver? Or if nations, including United States, raise trade barriers? Or if the financial bailout fails? Paul Solman: Hmmm. Well, the first is happening as we speak:… Continue reading
Feb 12 New Jobless Claims Drop; Retails Sales Up Slightly By Admin, PBS News Hour Government reports show the number of new jobless benefit claims dropped to a seasonally adjusted 623,000, from 631,000 the previous week, while U.S. retail sales jumped 1 percent in January, reversing a six-month downward trend. Continue reading
Feb 11 Congress Reaches Agreement on $789 Billion Stimulus Bill By Admin, PBS News Hour House and Senate negotiators have reached an agreement Wednesday on a $789 billion economic stimulus plan aimed at creating millions of jobs and providing tax cuts for millions of lower and middle income taxpayers, lawmakers say. Continue reading