Mar 14 Watch Americans Feel Economic Pains Despite Government Efforts President Bush and Federal Reserve Chairman Ben Bernanke sought to bolster confidence Friday that U.S. economic growth will recover despite a recent string of bleak economic reports. Two financial reporters examine how the slowdown is impacting American consumers. Continue watching
Jan 30 Should we have a central registry of mortgage lending so that trading can be more transparent? Question/Comment: As it is with all financial crisis, I guess, a lot of the damage stems from uncertainty. No one knows how much bad debt is out there and who’s holding it. My question is: why is it not possible… Continue reading
Jan 28 Is there anything positive for the small investor in Wall Street these days? Question/Comment: Can you give any positive commentary to help reassure small investors that there is a reasonable chance to expect integrity when dealing with Wall Street? Paul Solman: More than in the past, say? I don’t see why. Here’s an… Continue reading
Jan 25 Watch Paul Solman Walks Through Wall Street’s Wild Week Wall Street and global financial markets took a dive this week, fueled largely by concerns over a slowing U.S. economy. Economics correspondent Paul Solman explains the wild week on Wall Street, and explores the larger causes behind the turmoil. Continue watching
Jan 22 Watch Amid Economy Woes, Americans Weigh Finanical Options As fears of a U.S. economic downturn stir tumult in global finanical markets, two financial experts examine the impact of the market turmoil on the average American consumer and how the week's events may fit into the broader U.S. economic… Continue watching
Jan 22 Watch Rate Cut, Market Turmoil Add to Unease Over Economy Amid fears of a U.S. economic downturn, global markets suffered steep losses and the Federal Reserve slashed a key interest rate by three-quarters of a percentage point Tuesday -- its biggest cut in over 23 years. Financial experts examine why… Continue watching
Jan 11 Watch Bank of America Buys Struggling Mortgage Lender Bank of America plans to acquire Countrywide Financial, the nation's largest home loan lender, as part of a "rescue deal" intended to help ease the impact of the subprime mortgage crisis. BusinessWeek senior writer Roben Farzad explains the ins and… Continue watching
Nov 30 Watch New Data Adds to U.S. Economic Anxieties The government released several new economic reports and Wall Street endured a roller coaster week of trading -- all of which served to underscore recent uncertainty about the state of the U.S. economy. Two finance reporters discuss the reports and… Continue watching
Nov 29 White House Lowers Economic Outlook for 2008 By Admin, PBS News Hour U.S. economic news hit a downbeat note Thursday as the White House lowered its outlook for 2008 and a mortgage research company announced that last month's foreclosure filings nearly doubled those in October 2006. Continue reading
Nov 05 Watch Citigroup Faces Fallout from Subprime Market Citigroup, the nation's largest bank, faces both a downgraded credit rating and the resignation of CEO Charles Prince. A business journalist describes the company's struggles. Continue watching