Aug 03 With Debt Deal Done, Markets See Little to Rally About By Paul Solman Traders work on the floor of the New York Stock Exchange during afternoon trading on August 3, 2011 in New York City. The Dow closed 29 points up after a late afternoon rally, recovering from an eight day slump. Photo… Continue reading
Aug 02 No Cylons, No Caprica, But Still Pretty Fracking Cool By Paul Solman Pretty fracking cool, if you'll pardon our Battlestar Galactica reaction to this video from Studio 20 at New York University. Whether or not the method of natural gas extraction known as "fracking" is more costly than beneficial is the… Continue reading
Aug 01 Watch Amid Debt-Ceiling Drama, Interest Rates Have Hardly Followed the Script On Wall Street, stocks initially rallied Monday on the news of a debt-ceiling deal, but a weak report on manufacturing killed the surge. Economics correspondent Paul Solman reports on the financial world's reactions to the drama over a debt deal… Continue watching
Aug 01 Default by Debt Ceiling? 'Complete Nonsense' By Paul Solman // Editor's Note: On Monday's NewsHour Paul Solman reports from the trading floor of Natixis CIB Americas to see how the stock market was reacting to news of the debt-ceiling deal. Turns out the market is reacting… Continue reading
Aug 01 Default by Debt Ceiling? 'Complete Nonsense' EmbedVideo(1145, 514, 320); Editor's Note: On Monday's NewsHour Paul Solman reports from the trading floor of Natixis CIB Americas to see how the stock market was reacting to news of the debt ceiling deal. Turns out the… Continue reading
Jul 29 How Did the U.S. Get $14 Trillion in Debt? A fascinating set of graphic debt data, courtesy of the New York Times. Meanwhile, amidst all the scare talk of a bond rate crisis, has anyone noticed that the bond market is rallying mightily today? As… Continue reading
Jul 29 How the U.S. Racked Up $14 Trillion in Debt By Paul Solman A fascinating set of graphic debt data, courtesy of the New York Times. Meanwhile, amidst all the scare talk of a bond rate crisis, has anyone noticed that the bond market is rallying mightily… Continue reading
Jul 29 Fancy a Pint? Brew Throughout the World By Paul Solman Photo by Flickr user hakaider. Has all the talk about the debt ceiling left you wanting to reach for a cold one? Or several? How likely are they to be drowning their sorrows elsewhere in the world? You might… Continue reading
Jul 27 China's Communism and Capitalism: The New Yin Yang? By Paul Solman The short third installment of Yoram Bauman's vlog from China is well worth the watching, highlighting the tension between the "official" China and what's really going on there. Communist Party founder Mao AND $300,000 Porsche's? Yoram asks. "Do… Continue reading
Jul 27 China's Communism and Capitalism: The New Yin Yang? By Paul Solman The short third installment of Yoram Bauman's vlog from China is well worth the watching, highlighting the tension between the "official" China and what's really going on there. Communist Party founder Mao AND $300,000 Porsches? Yoram asks. "Do… Continue reading