Jul 16 How is the U.S. Savings Rate Determined? Question: How is the U.S. savings rate, which has gone from near zero percent in the past to 6.9 percent recently, determined? And a more elaborate question: Is it truly the difference between what is earned and what is… Continue reading
Apr 15 Watch Paul Solman Breaks Down The ‘Paradox of Thrift’ During the economic downturn, the American savings rate is rising fast, with some unexpected consequences. Paul Solman examines how the economy might suffer when thrifty consumers decide to save their money instead of spending it. Continue watching
Apr 15 Are Americans Becoming Savers? Tonight’s NewsHour features a piece called “The Paradox of Thrift.” The phrase refers to the potential downsides of squirreling money away, especially if all of us do it at once. While saving is often a good thing – and something… Continue reading
Feb 19 In Case You Missed It: The Amazing Adventures of ‘Savings Man’ Paul Solman speaks to the founder of an organization funding creative public service ads on saving money. You can listen to the audio or read the transcript of the segment here. ]>… Continue reading
Feb 19 Watch The Amazing Adventures of ‘Savings Man’ In the latest of his series of reports on the financial crisis, Paul Solman speaks to the founder of an organization funding creative public service ads on saving money. Continue watching
Feb 04 Why is Credit Extended to Companies and How Do They Make Their Payments? Question/Comment: Can you explain the how and why of credit that is extended to companies and how they make their payments? I understand credit to start new ventures, buy new equipment, hire a workforce, and the like but how do… Continue reading
Dec 19 Which Is It: Spend or Save? By Business Desk Question/Comment: We’re told that lower consumer spending will make economic recovery much more difficult. We’re admonished that we don’t save nearly enough, and are among the lowest among industrialized nations. So which is it: spend or save? Paul Solman: The… Continue reading
Oct 20 Watch Fed Chairman Signals Support for New Stimulus Package Wall Street saw a boost Monday as Fed Chairman Ben Bernanke told Congress that a second stimulus bill might help the economy. Experts examine the prospects for a new stimulus plan. Continue watching
Oct 15 Watch After Brief Euphoria in Markets, Investors Sell Amid Weak Sales, Rising Prices Following a brief upswing in world markets this week, investors and analysts see growing signs of a global recession in weak earnings and troubling manufacturing figures. Economists discuss the ongoing problems and the forces driving them. Continue watching
Aug 18 Watch Americans’ Reliance on Credit Leads Many Into Debt The ease with which Americans can make purchases using credit cards and loans has led to increased personal debt. Jeffrey Brown speaks with Stuart Vyse, author of "Going Broke: Why Americans Can't Hold On To Their Money," about the roots… Continue watching