Despite what you might have heard, the foreclosure crisis is far from over. Economics correspondent Paul Solman talks to people in Florida who have lost their homes, and considers whether a wave of new foreclosures is on the horizon.
By PBS NewsHour
The number of U.S. workers filing for unemployment benefits dipped to 639,000 last week, and the House of Representatives moved forward on a bankruptcy home loan bill. Also, the president of Sudan expelled more aid organizations after the International Criminal…
One day after signing the stimulus bill, President Barack Obama unveiled a plan Wednesday to stem the foreclosure crisis. White House adviser Lawrence Summers offers insight on the recovery strategy.
President Barack Obama unveiled a $75 billion plan to ease the mortgage crisis that helped trigger the country's economic crisis. Kwame Holman reports on the president's announcement and other economic news of the day.
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.
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