Jun 05 What’s Your Take on the New Unemployment Numbers? Question: What’s your take on the new unemployment numbers? Paul Solman: First Friday: That time of the month again. Time for the official unemployment number, that is. Today’s is being trumpeted as yet another “green shoot.” A net job loss… Continue reading
Jun 02 Watch GM Making New Plans Under Reorganization One day after General Motors filed for bankruptcy, the company is poised to sell its Hummer brand and make other changes as it attempts to reorganize itself. Jeffrey Brown reports. Continue watching
May 28 Watch Chicago Transit Agency Gets An Upgrade Thanks to Stimulus Money In Chicago, stimulus funds provide a transit agency with a much-needed upgrade. NewsHour correspondent Elizabeth Brackett reports. Continue watching
May 28 New Jobless Claims Fall, Manufacturing Orders Rise By Admin, PBS News Hour In new signs that the recession may be ebbing, orders for big-ticket manufactured goods rose by 1.9 percent and the number of new jobless claims fell, although the number continuing to receive unemployment remained at the highest level since 1967. Continue reading
May 27 Watch GM Bankruptcy Would Mark Milestone in Industrial America After the rejection of General Motors' offer to trade bond debt for company stock, analysts consider what a GM bankruptcy says about the company and the auto industry generally. Continue watching
May 22 Watch As Deadline Nears, GM May be Headed for Bankruptcy Kwame Holman provides an update on reports that General Motors is likely to file for bankruptcy and that Chrysler is looking to conclude its bankruptcy proceedings. Continue watching
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