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After a report by Jeffrey Brown on the year in economic news, business writers from across the country reflect on how the ups and downs of the business world have impacted local communities.
Question/Comment: I read that the drop of sales in the RV market could signal the possibility of a recession. How? Paul Solman: At the simplest level, a drop in the sales of anything could signal a recession. RVs = leisure…
The U.S. Labor Department announced Friday that both job growth and unemployment remained steady in the month of November, despite problems in the housing and credit markets. New York Times economy reporter David Leonhardt evaluates the new job numbers and…
President Bush tried to quell concerns over the recent housing slump and credit crunch Tuesday, saying "The basics in the economy are good." Two former treasury secretaries examine the state of the economy and whether the U.S. is facing a…
For the second time in two months, the Federal Reserve cut key interest rates Wednesday. A financial analyst describes what the Fed's decision may mean for the American economy.
Treasury Secretary Henry Paulson delivered a somber assessment of the U.S. economy Tuesday, calling the housing and credit crunch "the most significant current risk" to the economy. Financial experts look at the factors affecting the nation's economic health, including sky-high…
White House deputy chief of staff Karl Rove announced his resignation, while the Federal Reserve took its most decisive action yet to help an uncertain economy. Political analysts David Brooks and Harold Meyerson discuss the week's top stories.
Federal Reserve Chairman Alan Greenspan told Congress Wednesday that there are increasing signs the current recession is coming to an end.
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