Jan 16 Dodge Foundation Cancels Poetry Festival The largest poetry festival in North America has just become the latest victim of the financial crisis. The Geraldine R. Dodge Foundation announced Friday in a letter to supporters that it will cancel the next Dodge Poetry Festival. Continue reading
Jan 16 Are You Moving in With Friends to Save Money? Question/Comment: I heard Paul Solman say yesterday… wait, you are Paul Solman… that the economy is so bad, lots of people are now moving in with friends to save money. Is this really true? Paul Solman: In the interests of… Continue reading
Jan 14 Watch Economists Place Their Bets With Predictions for 2009 In the second of his new series on making sense of financial news, Paul Solman asks economists for predictions for the year ahead and interviews "standup economist" Yoram Bauman, who mines financial news for comedic material. Continue watching
Jan 13 Watch Energy, Education Nominees Begin Confirmation Hearings Along with Secretary of State nominee Hillary Clinton, the nominees for Secretary of Education and Secretary of Energy began their Senate confirmation hearings Tuesday on Capitol Hill. Ray Suarez reports on the process. Continue watching
Jan 13 Can We Really Compare Today's Unemployment Numbers With Those During the Great Depresssion? Question/Comment: After the rebroadcast of your interview with Robert Solow I had a discussion with my daughter, who is a high school junior. She noted that Solow mentioned the unemployment rate in the Great Depression was 25 to 30… Continue reading
Jan 12 Why Can't We Bail Out Americans Who Have Overcharged Their Credit Cards? Question/Comment: Sir, I am curious why no one is talking about a sure-fire way to assist over one hundred million Americans and put over one hundred billion dollars back into the economy every month. I am talking about a bail… Continue reading
Jan 09 Watch Shields and Brooks Mull Obama's Intel Picks, Stimulus Plan Syndicated columnist Mark Shields and New York Times columnist David Brooks assess the week's news, including Obama's new intelligence team and his push to get a new economic stimulus package through Congress. Continue watching
Jan 09 Watch Economists Explain Why Hints of the Economic Crisis Eluded Them Some of the nation's brightest economists failed to predict the foreclosure crisis and economic recession that followed. Paul Solman asks them why no one connected the dots in time to warn the public. Continue watching
Jan 09 Watch December Job Losses Compound Economic Woes Unemployment rose to 7.2 percent in December, the highest since 1993, according to a new report from the Labor Department. Employers cut 524,000 jobs, and some economy-watchers fear more cuts are still to come. Ray Suarez reports. Continue watching
Jan 09 Unemployment Rate Hits Highest Point in 16 Years By Admin, PBS News Hour A day after President-elect Barack Obama warned that the recession could "linger for years" unless Congress pumps money into the economy, a government report released Friday underscored the toll the downturn is having on workers and companies. Continue reading