Dec 17 Watch News Wrap: $7 Billion Recouped for Madoff Victims In other news Friday, the widow of a wealthy investor who was a friend of Bernard Madoff is returning $7.2 billion to victims of Madoff's massive Ponzi scheme from money her husband received from him over three decades. Continue watching
Dec 13 Watch Two Years Later, Madoff Scheme Fallout Continues Saturday marked the deadline for victims of Bernard Madoff's massive Ponzi scheme to file a lawsuit with the court's bankruptcy trustee. Ray Suarez discusses the latest developments with New York Times reporter Diana Henriques, who has covered the story from… Continue watching
Dec 02 Watch Fed Disclosure Sheds Light on Scope, Risk of $3 Trillion Safety Net The Federal Reserve has released documents detailing $3.3 trillion worth of emergency efforts to prop up failing banks, Wall Street firms and large companies during the height of the financial crisis. Jeffrey Brown breaks down the new disclosures with Neil… Continue watching
Dec 02 Watch Minnesota Photographer Soth Finds Beauty in the Unexpected Photographer Alec Soth is preparing to showcase his work in Minneapolis' Walker Art Center, including exhibits entitled "33 Movie Theaters and a Funeral Home" and "Broken Manual." Twin Cities Public Television profiled him, and it's part of our NewsHour Connect… Continue watching
Dec 01 Million Dollar Question: How Can ‘Europe’ Bail Out ‘Europe’? By Paul Solman I'm OK, EuroK? Maybe not. Here's an Australian parody video of what you might call "EuroK thinking." It's making the rounds in Europe at the moment. (The link was sent by a friend in Spain.)… Continue reading
Dec 01 Million Dollar Questions: Who’s Bailing Who Out? By Elizabeth Shell I'm OK, EuroK? Maybe not. Here's an Australian parody video of what you might call "EuroK thinking." It's making the rounds in Europe at the moment. (The link was sent by a friend in Spain.)… Continue reading
Nov 29 Doesn’t Social Security Pay For Itself, Since it’s Taken Out of My Paycheck? By Elizabeth Shell The following email comes via the PBS Ombudsman: Name: Phyllis Koch Question: I am constantly frustrated as I listen to your interviewers and commentators talk about deficits/budgets/where to cut and always including Social Security. Social Security is always mentioned… Continue reading
Nov 29 Doesn’t Social Security Pay for Itself, Since It’s Taken Out of My Paycheck? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: The following email comes via the PBS Ombudsman: Name: Phyllis Koch Question:… Continue reading
Nov 26 Watch As Holiday Shopping Kicks Off, Middle Class Appears ‘Marginally Better’ Major retailers like Best Buy and Toys "R" Us are seeing longer lines this year and hoping it translates into higher sales for the holiday shopping season. But Yahoo! Finance economics editor Daniel Gross says it takes more than good… Continue watching
Nov 25 Watch The Rise and Fall of Tom DeLay On Wednesday a Texas jury found former House Majority Leader Tom DeLay (R-Texas) guilty of laundering corporate money into political donations. Texas reporter Laylan Copelin discusses DeLay's fall from leading the U.S. House to being convicted of money laundering. Continue watching