Dec 06 Watch Paulson: No ‘Silver Bullet’ in Bid to Ease Mortgage Crisis As home foreclosures reached a record high Thursday, President Bush announced a deal with mortgage lenders to freeze interest rates on some subprime mortgages due to move sharply higher soon. Treasury Secretary Henry Paulson discusses the details of the proposal. Continue watching
Nov 28 Now that it appears rates will be dropping, where is the best place to keep the bulk of my savings? Question/Comment: As a long time observer of the mortgage market, particularly the subprime segment, I have been anticipating the current economic crunch for some time. Accordingly, I have been keeping a large amount of my savings ($85K) in an FDIC… Continue reading
Nov 28 When can we expect to break even, or at least recover some of the value that we lost due to the declining real-estate market? Question/Comment: Everyone mentions all of those unfortunate people who are defaulting on their home loans due to the sluggish economy. Nobody mentions, however, the many hardworking Americans who saved and struggled to buy their dream homes and they are now… Continue reading
Nov 02 Watch Mixed Reports Emerge on U.S. Economy A panel of economic analysts disusses recent reports on the nation's economy and unemployment, which paint a mixed picture about the country's financial health. Continue watching
Oct 31 Watch Fed Makes Another Rate Cut to Boost Economy For the second time in two months, the Federal Reserve cut key interest rates Wednesday. A financial analyst describes what the Fed's decision may mean for the American economy. Continue watching
Sep 18 Watch Greenspan Examines Federal Reserve, Mortgage Crunch In the first half of a two-part conversation, Jim Lehrer talks with former Federal Reserve Chairman Alan Greenspan about the recent actions of the Federal Reserve, the country's mortgage crunch and his new book, "The Age of Turbulence."… Continue watching
Sep 18 Watch Federal Reserve Cuts Interest Rates The Federal Reserve cut interest rates by half a point Tuesday, causing major gains in the stock market. Financial analysts discuss the move and what it means for the U.S. economy. Continue watching
Sep 17 Watch Federal Reserve Plans Interest Rate Cut to Revive Economy The Federal Reserve is expected to cut interest rates to help shore up the nation's economy. The NewsHour's Paul Solman examines the Federal Reserve's plans and what they mean for the economy. Continue watching
Aug 31 Watch President Bush, Bernanke Weigh In on Credit Crisis President Bush announced a series of measures Friday intended to help ease the credit crunch caused by mortgage defaults, while Federal Reserve Chairman Ben Bernanke said he would monitor the situation. Continue watching
Aug 17 Watch Federal Reserve Cuts Discount Rate to Steady Market Acknowledging a period of increased economic risk that could restrain growth, the Federal Reserve on Friday cut the discount rate at which it makes loans to banks. An economic consultant and a business journalist explain the move. Continue watching