May 14 Watch Other News: House Approves Additional War Funding In other news, the House approved another $97 billion in war funding for Iraq and Afghanistan through September, and House Speaker Nancy Pelosi again denied she knew about terror suspects being waterboarded amid mounting criticism. Continue watching
May 13 After Layoffs, More Time to Focus on Art At the end of last year, "Joe Claus":http://www.joeclaus.com was working at a small electronics company in Silicon Valley doing photography, marketing and design. And then he got laid off. "I was pissed," he said. But there was an unforeseen upside… Continue reading
May 12 Social Security, Medicare Weakened by Recession By Admin, PBS News Hour The financial health of Social Security and Medicare, the government's two biggest benefit programs, has eroded amid the deep economic recession, according to reports released Tuesday. Continue reading
May 08 Watch Shields and Brooks Mull Economic Expectations, Afghan Policy Columnists Mark Shields and David Brooks examine the outcome of the banking stress test results, U.S. policy toward Afghanistan and Pakistan and remember the life of Jack Kemp. Continue watching
May 08 Watch Geithner Weighs Pace of Job Losses, Defends Stress Tests Treasury Secretary Timothy Geithner defends the stringency of the banking stress tests and offers insight on the pace of U.S. job losses as unemployment reaches 8.9 percent. Continue watching
May 08 Watch Black Unemployment in East St. Louis Highlights Disparities Economics correspondent Paul Solman reports on the high unemployment numbers among blacks in East St. Louis, where painful memories of the Great Depression still persist. Continue watching
May 08 Watch U.S. Unemployment Climbs to 8.9% Kwame Holman reports on the latest unemployment numbers and how the White House plans to aid the jobless. Continue watching
May 08 Making Sen$e of Business, Finance, and Economics No more posts for today or the weekend as we debut (drum roll here, even trumpets, perhaps, or maybe a French overture)…our new Making Sen$e Web site, made possible by a grant from the Alfred P. Sloan Foundation,… Continue reading
May 08 Jobs Reports Shows Layoff Pace Slowed in April By PBS News Hour The pace of layoffs slowed in April as employers cut 539,000 jobs, the fewest in six months, according to a Labor Department report released Friday. But the unemployment rate climbed to 8.9 percent, the highest since late 1983. Continue reading
May 05 Reader Response: Robert McElvaine on the Great Depression By Business Desk Comment: The coverage of the Great Depression by Robert McElvaine was so one sided it was unbelievable. [Editor’s note: You can watch the segment below.] Yes, the Great Depression was horrible, millions of people were out of work and… Continue reading