Jan 19 Watch Auto Industry Shows Small Signs of Recovery at Annual Detroit Show At the annual Detroit auto show, car enthusiasts were not letting the frigid weather or drab economic climate deter them. Fred de Sam Lazaro gives an update from Detroit on the state of the auto industry and its efforts to… Continue watching
Jan 19 Watch Recession Hurts Ranchers Who’ve Seen Price of Stock Plummet The recession is squeezing cattlemen on all sides, with the costs of supplies rising and beef prices down. Tom Bearden reports from the National Western Stock Show on how the plummeting economy is hurting ranchers. Continue watching
Jan 15 Watch Boehner Outlines GOP Views on Obama’s Stimulus Plan House Minority Leader John Boehner outlined his views of President-elect Barack Obama's stimulus plan Thursday, criticizing the size of the spending packages and saying the focus should be on providing quick relief to families and small businesses. Continue watching
Jan 14 Watch Economists Place Their Bets With Predictions for 2009 In the second of his new series on making sense of financial news, Paul Solman asks economists for predictions for the year ahead and interviews "standup economist" Yoram Bauman, who mines financial news for comedic material. Continue watching
Jan 09 Unemployment Rate Hits Highest Point in 16 Years By Admin, PBS News Hour A day after President-elect Barack Obama warned that the recession could "linger for years" unless Congress pumps money into the economy, a government report released Friday underscored the toll the downturn is having on workers and companies. Continue reading
Jan 08 Watch Pelosi: Congress Must Move Quickly on Stimulus Package In response to President-elect Barack Obama's economy speech, House Speaker Nancy Pelosi outlined her concerns about getting an economic stimulus plan through the 111th Congress. Continue watching
Jan 08 Obama Makes Case for Economic Stimulus By Admin, PBS News Hour President-elect Barack Obama made his case for a large-scale economic stimulus plan in a speech Thursday morning. Mr. Obama warned the recession could "linger for years" unless Congress pumps unprecedented sums into the weakened economy. Continue reading
Jan 07 Watch Unrest Spreads in China as Economy Worsens Chinese leaders are facing new pressures amid fears that a national social crisis is looming, brought on by millions of job losses and a surge in public protests. Nick Paton Walsh of Independent Television News reports. Continue watching
Jan 07 Watch Federal Budget Deficit Projected to Skyrocket in 2009 New Congressional Budget Office figures released Wednesday predict the federal budget deficit will hit $1.2 trillion in 2009. Analysts mull what the numbers mean. Continue watching
Jan 07 Deficit Projected to Soar to $1.2 Trillion By Admin, PBS News Hour The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, new Congressional Budget Office figures show. Continue reading