Feb 26 Consumer Confidence Drop Among Economic Woes By Admin, PBS NewsHour Consumer confidence and home prices plunged while wholesale inflation and home foreclosures jumped, a swath of new negative U.S. economic reports showed Tuesday. Continue reading
Feb 20 Watch Consumer Price Index Reports Unexpected Inflation Rise The Consumer Price Index, the Labor Department's yardstick of inflation, indicated greater inflation in January than had been anticipated. Paul Solman discusses how the CPI determines inflation and the meaning of this new report. Continue watching
Feb 15 What is better, inflation or a recession? Question/Comment: I am a saver whose income is mostly CDs. We seem to be facing both a recession and inflation. Which of those two is better for me? I assume it is recession? Paul Solman: Neither is better for you… Continue reading
Feb 08 Bush Set to Sign $168B Economic Stimulus Bill By PBS NewsHour President Bush said Friday he would sign the $168 billion economic stimulus bill that was passed Thursday by both houses of Congress in a bipartisan effort intended to ward off a possible recession. Continue reading
Jan 25 Watch Paul Solman Walks Through Wall Street’s Wild Week Wall Street and global financial markets took a dive this week, fueled largely by concerns over a slowing U.S. economy. Economics correspondent Paul Solman explains the wild week on Wall Street, and explores the larger causes behind the turmoil. Continue watching
Jan 24 Lawmakers Reach Deal on Economic Stimulus By PBS NewsHour Congressional leaders and the White House announced Thursday that they reached a deal on an economic stimulus package that would give most U.S. taxpayers refunds ranging from $600 to $1,200 and roll out tax breaks for businesses. Continue reading
Jan 22 Watch Amid Economy Woes, Americans Weigh Finanical Options As fears of a U.S. economic downturn stir tumult in global finanical markets, two financial experts examine the impact of the market turmoil on the average American consumer and how the week's events may fit into the broader U.S. economic… Continue watching
Jan 22 Fed Slashes Key Rate as World Markets Tumble By Admin, PBS NewsHour After many world financial markets suffered their biggest losses Monday since the Sept. 11 terrorist attacks, the Federal Reserve slashed a key interest rate by three-quarters of a percentage point on Tuesday -- its biggest cut in more than 23… Continue reading
Jan 21 Watch L.A. Times Fires Another Editor Amid Dispute Over Cost-cutting For the third time in less than three years, the Los Angeles Times has fired its top editor -- this time ousting James O'Shea -- for rejecting an order to impose $4 million in budget cuts. Media experts offer analysis… Continue watching
Jan 21 Watch Bernanke Put to Test as U.S. Economy Struggles Federal Reserve Chairman Ben Bernanke has called for government action to revive the slowing U.S. economy, in a key test of his tenure as the head of the central bank. Two business reporters consider how Bernanke is responding to the… Continue watching