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
Jan 18 Watch Bush Calls For $150 Billion Economic Stimulus Package President Bush Friday proposed a $150 billion economic stimulus package to address the nation's mounting economic woes. NewsHour correspondent Kwame Holman reports on the announcement, then the NewsHour listens to the analysis of Brooks and Shields. Continue watching
Jan 18 Bush Calls for $145 Billion Economic ‘Shot in Arm’ By PBS News Hour President Bush called for about $145 billion worth of tax relief for individuals and businesses Friday to give the U.S. economy a "shot in the arm" and hopefully avert a recession. Continue reading
Jan 17 Watch Amid Economic Woes, Push Intensifies for Stimulus Package President Bush spoke with congressional leaders Thursday about an economic rescue package as Fed chief Ben Bernanke testified on Capitol Hill that it is "critically important" that a stimulus effort take effect quickly. Members of the House budget panel detail… Continue watching
Jan 17 Quick Implementation Best for Economic Boost, Fed Chair Says By Admin, PBS News Hour Federal Reserve Chairman Ben S. Bernanke told lawmakers Thursday it is "critically important" that an economic stimulus package take effect quickly to ward off a recession, recommending the government get cash into peoples' hands as soon as possible. Continue reading
Jan 04 President Weighs Economic Options As Unemployment Tops 2 Year High By Admin, PBS News Hour President Bush met with economic advisers Friday to consider possible stimulus packages, as the Labor Department announced that low hiring in December pushed the U.S. unemployment rate to 5 percent, a two-year high. Continue reading
Dec 26 Watch Journalists Reflect on Tumultuous Year for U.S. Economy 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. Continue watching
Dec 10 I read that the drop of sales in the RV market could signal the possibility of a recession. How? 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… Continue reading
Dec 07 Watch U.S. Job Growth Held Steady in Nov., Labor Dept. Says 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… Continue watching