Jan 29 Watch 5:36 News Wrap: U.S. economy slowed at end of 2015 By PBS News Hour Friday on the NewsHour, new data from the government shows that American consumers spent less, businesses invested less and companies exported less at the end of last year. Overall, growth was about the same as in 2014. Also, the State… Continue watching
Aug 12 Watch 8:04 Sudden Chinese currency devaluation has global consequences By PBS News Hour Following market forces, China again devalued the yuan, rocking world stock and currency markets for a second straight day. According to some analysts, the change could hurt U.S. companies that do a lot of business inside China, like Apple and… Continue watching
Jan 30 Economy slowed in final quarter of 2014 By Simone Pathe The U.S. economy grew 2.6 percent in the last three months of 2014, more slowly than in the previous two quarters of the year. Continue reading
Sep 18 From Golden Retrievers to ‘Grand Theft Auto’ — 10 exports you didn’t know were Scottish By Lorna Baldwin You might know that golf, Scotch and haggis come from Scotland, but did you know the blockbuster video game "Grand Theft Auto" does as well? As Scots go to the polls today to vote on whether to stick with the… Continue reading
Sep 15 Stop pretending you know what the Export-Import Bank is By Simone Pathe You've heard of it. It has something to do with jobs, and maybe Boeing. But what exactly is the Export-Import Bank, and what are its prospects for survival beyond its Sept. 30 expiration date?… Continue reading
Feb 12 Watch Growing Demand for Palm Oil Drives Malaysia to Employ Child Migrant Workers Growing Demand for Palm Oil Drives Malaysia to Employ Child Migrant Workers… Continue watching
Nov 12 Passing the Buck: China, Dollars and Debt A bit more about the interplay between China's holding of currency and U.S. debt. First, a simple graphical explainer as to how the Chinese government gets so many dollars in the first place, using Ford Motor… Continue reading
Nov 12 Passing the Buck: China, Dollars and Debt Editor's Note: A bit more about the interplay between Chinese currency and U.S. debt. First, a simple graphical explainer as to how the Chinese government gets so many dollars in the first place, using Ford Motor Company and… Continue reading
Jul 16 China’s Economy Rebounds With Sizable Growth By PBS News Hour The Chinese government reported that the country's economy grew by 7.9 percent in the second quarter of this year, fueled by massive stimulus spending and more than $1 trillion in lending by state-run banks. Continue reading
Feb 04 Will a Stimulus Fix Our Problems? A question from various sources: “Will a stimulus fix our problems?” Paul Solman: Let’s begin with a prior question: What’s the economic justification for a stimulus? The answer is that an economy’s annual output — its Gross Domestic Product (… Continue reading