Jul 27 Watch With Trade Hub History, K.C. a Crossroads for Commerce Economics correspondent Paul Solman explores Kansas City, Mo., home to one of 12 regional Federal Reserve banks and a crossroads for the U.S. economy. Continue watching
Jul 27 Watch Bernanke Reflects on Fed’s Aggressive Actions In the first of a three-part discussion, Fed Chairman Ben Bernanke warned that jobless rates may continue to rise and discussed his fears of another Great Depression. Continue watching
Jul 21 Bernanke: Fed has Stimulus Exit Strategy By PBS News Hour Federal Reserve Chairman Ben Bernanke looked to assure lawmakers and Wall Street that the central bank will be able to scale down its massive stimulus efforts and avoid inflationary concerns when the economic recovery is more certain. Continue reading
Jul 17 Watch Other News: Troops Killed in Iraq, Summers Says Economic Catastrophe Avoided In other news, three American soldiers were killed when their base was attacked, and reports showed that unemployment climbed to double digits in 15 states last month. Continue watching
Jul 16 Watch Paulson Defends Bank of America-Merrill Lynch Deal Former Treasury Secretary Hank Paulson testified Thursday in the third and final House hearing looking into the government's role in the Bank of America purchase of Merrill Lynch. Jim Lehrer discusses the hearings with Binyamin Appelbaum of the Washington Post. Continue watching
Jul 15 Watch Other News: Markets Jump, Plane Crashes in Iran In other news, large gains in the banking and tech sectors led markets higher, and a passenger plane crashed in Iran, killing all 168 people on board. Continue watching
Jul 15 Reader Response: What Will Drive America’s Future Growth? Paul Solman: Viewer John David wrote these questions in an email back in April, responding positively to an interview with marketing expert Paco Underhill, which aired again last night. I only just got around to answering him, which began… Continue reading
Jul 13 Watch Global Recession Impacts Dairy Prices, Farmers Amid the economic slowdown, the dairy industry is being hit with high costs and lower profits, forcing many farmers to make tough decisions. NewsHour special correspondent Jeffrey Kaye looks at how some California farmers are responding to depressed global demand. Continue watching
Jul 10 GM Emerges From Bankruptcy Protection Facing Tough Car Market By PBS News Hour General Motors Corp. CEO Fritz Henderson announced Friday that the company emerged from bankruptcy and now begins the task of remaking the struggling American carmaker that was once the world's largest and most powerful. Continue reading
Jul 02 Employers Shed More Jobs Than Expected in June, Unemployment Reaches 9.5 Percent By Admin, PBS News Hour Employers cut more jobs than expected in June, nudging the unemployment rate closer to double digits and quashing hopes for a quick economic recovery. Continue reading