Jul 01 Several States Fail to Pass Budgets for Fiscal Year By PBS News Hour With revenues dwindling in the recession, legislators in several states frantically worked Tuesday to avoid government shutdowns and service cuts. Continue reading
Jun 26 Amid Recession, U.S. Savings Rate Hits Highest Mark Since 1993 By PBS News Hour As the longest recession since World War II drags on, Americans are responding by shying away from spending, opting instead to save money at the fastest pace in 15 years, a new report shows. Continue reading
Jun 25 Watch California Lawmakers Struggle With $24B Budget Gap Spencer Michels reports on California's struggles to address a $24 billion shortfall in the state budget, which lawmakers say puts the state in danger of running out of money. Continue watching
Jun 24 Fed Keeps Key Rate at Record Low By PBS News Hour The Federal Reserve said Wednesday that the recession is easing, but that the U.S. economy likely will remain fragile and limit the threat of inflation. Continue reading
Jun 24 In Case You Missed It: The Shape of the Recovery On last night’s NewsHour, Paul examined the debate raging over which shape the economic recovery might take. Some economists are predicting a V-shaped recovery — a steep period of decline followed by an equally steep period of growth. Others are… Continue reading
Jun 23 Watch Deciphering the Shape of Economic Recovery When economists discuss economic recovery, it's often in terms of the alphabet. In the latest installment of his Making Sen$e series, Paul Solman explains what phrases such as "V-shaped recovery" or "U-shaped recession" say about the economic outlook. Continue watching
Jun 22 Watch 9:28 Generation Next: Young Grads Turn to Service Amid Tight Job Market By PBS News Hour At community resource centers across the country, young people like Brian Marroquin, a recent graduate of VCU, are deferring their careers to focus on community service. Judy Woodruff examines the trend as part of the Generation Next series. Continue watching
Jun 15 Watch Business Students Rethink Wall Street Plans After the economic slump scuttled their plans to enter the financial sector, business students at Duke University look at different alternatives, such as graduate school, or rethink their career paths altogether. Judy Woodruff talks to some recent graduates in the… Continue watching
Jun 09 Watch Amid Rush to Repay Rescue Funds, Banks Face New Scrutiny Big U.S. banks passed key government "stress tests" and are now working to repay federal rescue funds. Does that mean they're out of the woods and the government rescue plan worked? Financial experts offer insight. Continue watching
Jun 08 Watch GM Woes Hit Close to Home for Young Graduates In the first of a new set of reports for the Generation Next series, Judy Woodruff traveled to Detroit to profile recent graduates from a GM training program who are now facing the prospect of finding a new career. Continue watching