Jan 28 New Home Sales Drop by Record Amount By PBS News Hour New home sales plummeted last year by the largest amount on record while home prices fell sharply in December. Analysts foresee more trouble this year as the housing market tries to emerge from its worst slump in 20 years. Continue reading
Dec 26 Watch Journalists Reflect on Tumultuous Year for U.S. Economy After a report by Jeffrey Brown on the year in economic news, business writers from across the country reflect on how the ups and downs of the business world have impacted local communities. Continue watching
Dec 07 Watch U.S. Job Growth Held Steady in Nov., Labor Dept. Says The U.S. Labor Department announced Friday that both job growth and unemployment remained steady in the month of November, despite problems in the housing and credit markets. New York Times economy reporter David Leonhardt evaluates the new job numbers and… Continue watching
Nov 29 White House Lowers Economic Outlook for 2008 By Admin, PBS News Hour U.S. economic news hit a downbeat note Thursday as the White House lowered its outlook for 2008 and a mortgage research company announced that last month's foreclosure filings nearly doubled those in October 2006. Continue reading
Nov 28 Why should the taxpayers bailout the major lending institutions due to poor lending practices? Question/Comment: Housing prices skyrocketed to double in 3 years and everyone thought they were rich, and went out and spent the money. Now the market corrects 30 percent and everyone discovers that it wasn't real. Why should the taxpayers bailout… Continue reading
Aug 27 Watch Housing Problems Persist Two Years After Katrina Two years after Hurricane Katrina's battered New Orleans, the city still faces lingering housing problems, particularly in low- and middle-income neighborhoods that were abandoned. Correspondent Tom Bearden begins a three-part series on the Gulf Coast's recovery. Continue watching
Apr 09 Watch Controversy Continues over Post-Katrina Spending on Trailers After Hurricane Katrina ravaged the Gulf Coast in August 2005, FEMA spent billions of dollars on trailers that served as temporary housing. As many of the trailers now sit vacant, the NewsHour reports on maintenance expenses and criticism of FEMA. Continue watching
Mar 01 Watch New Orleans Struggles to Revamp Public Education Hurricane Katrina damaged more than 100 of New Orleans' 128 public schools and led to a state takeover of the district. As a result, schools, teachers and students have had to start from the beginning to improve the state of… Continue watching
Feb 07 Watch Worker Shortages Post-Katrina Send Businesses out of Mississippi Facing a housing shortage along the Gulf Coast, many companies are finding it difficult to find employees and as a result, are being forced to relocate. The NewsHour reports on how Mississippi businesses are grappling with the economic aftermath of… Continue watching
Nov 30 Watch Presidio National Park Must Become Self-sufficient The Presidio of San Francisco, a former military base, is the only national park mandated by Congress to become financially self-sufficient. Continue watching