In the first part of a series on Peru, Ray Suarez reports on a growing and business friendly environment in a country rebounding from economic instability and deep debt just twenty years ago.
In the latest installment in his series of reports making sense of financial news, Paul Solman explains how interest rates are set, with a little help from economic country musician Merle Hazard.
By Carolyn O'Hara
As the end of a tumultuous economic year approaches, the PBS NewsHour asked several economists and financial experts to look ahead to 2010 and answer one question: What economic development would surprise you most?…
As part of his series Making Sense of the financial crisis, Paul Solman looks at how the dollar's weakness has spurred a new gold rush.
By PBS NewsHour
Economics correspondent Paul Solman takes his Business Desk blog inside classrooms across the United States to respond to high school students' most pressing questions about Wall Street, the recession and unemployment.
Question: Why is the price of gold at a record high? And how does that affect the dollar? Paul Solman: Gold is denominated in dollars. So if gold goes up, it means the dollar has gone down, because it takes…
The cost of employer-sponsored health care insurance has risen by about 5 percent this year, according to a new report, outstripping overall inflation and workers' wages.
Question: With the FDIC’s funds diminishing, what are the chances it will tap its credit line to the Treasury? And what does that mean for inflation? Paul Solman: The more the…
As the nation looks for more signs of economic recovery, there were mixed signals on Friday as reports showed consumer spending rose slightly last month thanks in part to an increase in auto sales but incomes remained flat.
Ending speculation that he might appoint a new central bank chief, President Obama said he would nominate Fed Chairman Ben Bernanke for a second term Tuesday as the administration continues its efforts to stabilize the embattled U.S. economy.
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