As frustration continues over extravagant pay to executives of companies receiving billions of dollars in taxpayer aid, Paul Solman travels to AIG headquarters and Washington to explore options for getting some of the money back.
The U.S. economy has lost millions of jobs over the past year. And in order to avoid further layoffs, many organizations are asking employees to make painful sacrifices – wage cuts, fewer benefits, and unpaid leave. We’ll explore this in…
Question/Comment: A basic truth in economics is that wages drive demand. Yet for the last 30 years wages have been stagnant or decreasing. Why do I hear only talk of easing credit, not increasing wages? Easy credit is what caused…
Question/Comment: I am writing this with my mom’s permission. I am 12 years old and my question is if companies like Freddie and Fannie needs government help to bail them out, then how come the…
Chancellor Michelle Rhee's mission to reform D.C.'s troubled schools -- by firing ineffective teachers and offering a new pay system for those who increase students' results -- has met resistance from the teachers' union. Special correspondent John Merrow reports on…
Additional Support Provided By:
