Jan 23 Watch Fallout Continues Over Banking Sector Woes, Forced Mergers In the midst of September's Wall Street meltdown, Bank of America agreed to buy the troubled Merrill Lynch -- a buyout that has proved troublesome. Analysts assess what may come next for the struggling industry. Continue watching
Jan 23 Obama Targets February to Pass Stimulus Plan By Admin, PBS News Hour President Barack Obama said Friday that he expected Congress to approve a proposed $825 million economic stimulus package by mid-February, setting up the first big test of his promise to set a new tone of bipartisanship in Washington. Continue reading
Jan 22 Watch Congress Moves on Stimulus Package, Kennedy Withdraws From N.Y. Senate Race Caroline Kennedy withdrew her name from consideration for New York's Senate seat and the House made plans to vote on a proposed stimulus package next week. Jim Lehrer reports on these developments and other news of the day. Continue watching
Jan 22 Watch Tech Industry Faces Struggles Amid Economic Slump Microsoft announced a drop in earnings and unprecedented job cuts, and the Intel Corporation revealed plans to shutter five plants and lay off thousands of workers Thursday. Lee Hochberg examines how the technology industry is weathering the economic crisis. Continue watching
Jan 22 Watch Obama's Day Two Brings Policy Changes, New Staff President Barack Obama's second full day in office brought more policy decisions and staffing moves, including the naming of two diplomatic envoys for the Middle East and Afghanistan and Pakistan. Kwame Holman reports. Continue watching
Jan 22 Microsoft Cuts 5,000 Jobs As New Unemployment Claims Rise By Admin, PBS News Hour In another sign of how bad the economy is getting for even the biggest companies, Microsoft Corp. announced Thursday that it is cutting 5,000 jobs over the next 18 months. Continue reading
Jan 22 Is There An "Economic Event" That Will Change the Economics Profession? Question/Comment: Dear Mr. Solman, Is there an “economic event”, or re-discovery of economic history that can impact the incredible ideological stranglehold on the economics “profession?” In my opinion we have sacrificed rigorous econometrics on the altar of existence theorems, Diophantine… Continue reading
Jan 21 Watch Clinton Confirmed for State, Congress Works on Stimulus Congress officially began working on the $825 billion stimulus package offered by House Democrats today and Hillary Clinton was confirmed as Secretary of State. Jim Lehrer reports on these events and the other news of the day. Continue watching
Jan 21 Watch On First Day in Office, Obama Tackles the Economy, Iraq On his first full day in office, President Barack Obama set to work on the top issues facing his administration including the economy and the war in Iraq and signed an executive order on ethics for White House employees. Kwame… Continue watching
Jan 20 Watch Senate Confirms Several Obama Nominees on Inauguration Day The Senate confirmed several of the Obama administration's Cabinet choices but delayed voting on Hillary Clinton for secretary of state. Jim Lehrer reports on the day's events. Continue watching