Paul Solman reflects on the life and work of economist Paul Samuelson, who died Sunday at the age of 94. He was the first American to win the Nobel Prize in economics.
America's understanding of the Great Depression has, in large part, been shaped by the photography of Dorothea Lange. With the nation once again steeped in financial turmoil, Lange's images have taken on new relevance. Jeffrey Brown reports.
World leaders plan to announce Friday the Group of 20 will replace the Group of Eight as the main forum for coordinating global economic policy, a reflection of the increasing importance of fast-growing economies such as Brazil, China, and India.
One year after the fall of Lehman Brothers' brought the global economy to the brink of collapse, questions remain as to whether the government has been tough enough on Wall Street. Experts explain why.
Editor’s note: Last night on the NewsHour, Paul filed a compelling report on the fall of Lehman Brothers one year after the firm’s descent into bankruptcy. He traces Lehman’s fall from storied Wall Street investment bank to catalyst for the…
Lehman Brothers survived the Civil War, the Great Depression, two World Wars, and the attacks of 9/11, yet under the leadership of Richard Fuld the investment bank went from storied Wall Street firm to catalyst of last year's economic crisis.
On the one-year anniversary of the collapse of Lehman Brothers, President Obama visited Wall Street to urge financial firms to remember the lessons of the economic crisis and to press for regulatory reforms.
Question: Chairman Bernanke mentioned in the News Hour forum back in July that the key trigger to Depression 1.0 was the failure of a large central European bank. With Austrian and other banks in deep distress (I believe Austrian banks…
Artists today have a number of safety nets to help ease the pain brought on by a battered economy, but during the Great Depression it took a federal stimulus program of sorts to protect many of the nation's painters and…
Judy Woodruff speaks with journalists about federal deficit projections and President Obama's nomination of Federal Reserve chief Ben Bernanke for a second term.
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