Sep 11 If the FDIC Asks for More Credit from Treasury, What Happens to Inflation? 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… Continue reading
Aug 28 Consumer Spending Rises Slightly, But Confidence Falls Again 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. Continue reading
Aug 25 Obama Taps Bernanke for Second Term at Fed 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. Continue reading
Aug 24 More on Our Correction to Friday's Segment Paul Solman: There’s more to add to our earlier correction to Friday’s segment: We have heard from Social Security and it is indeed the case that benefits do NOT go… Continue reading
Aug 23 Correction to Friday's Segment on Inflation Paul Solman: On Friday night’s program, in a story on inflation (you can see the clip below), I reported the following: “The traditional measure of inflation, the Consumer Price Index, is DOWN over the… Continue reading
Aug 21 Simon Johnson on the Falling Dollar By Business Desk Editor’s Note: This week, we’re featuring video conversations with Simon Johnson, former chief economist at the IMF, now at the Peterson Institute and MIT, and author of… Continue reading
Aug 21 Watch Reviving the Economy Tests Convential Views on Inflation With the economy showing hints of a recovery, the threat of inflation is testing policy makers at the Federal Reserve as they work to determine how quickly to unwind emergency moves taken during the height of the financial crisis. Paul… Continue watching
Aug 21 Watch Fed Chairman Upbeat on Prospects for Economy Ben Bernanke offered a hopeful forecast for the U.S. economy Friday, saying "prospects for a return to growth in the near term appear good." Economists weigh in on the outlook. Continue watching
Aug 14 Consumer Prices Go Unchanged in July By Online DA The cost of living in the United States went unchanged in July, easing concerns among many experts that economic recovery will be hampered by rising inflation. Continue reading
Aug 12 Watch Fed Decision Signals Optimism for Economy The Fed decided Wednesday to keep short-term interest rates at a record low to help stabilize the economy. Jeffrey Brown speaks with a Washington Post reporter about the economic outlook. Continue watching