The latest unemployment numbers are dismal. Almost 600,000 jobs were lost last month. The new unemployment rate is 7.6%. With job losses mounting, will more companies add to the pile up?
In this recession, layoffs are mounting. And 82% of the workers who have been let go from their jobs are men. How are these layoffs changing family dynamics? Steve Henn reports.
Treasury Secretary Timothy Geithner will announce on Monday new plans to cope with the financial crisis and how the remaining bailout funds from TARP will be distributed. John Dimsdale offers a preview of what to expect.
As demand for goods has dropped, so too has the amount of pollution produced by manufacturing plants. In European carbon markets, pollution permits are down nearly 70%. Now some are questioning if carbon markets are worth the price to reduce global emissions. Sam Eaton reports.
Amid all the job losses, there's a lot of talk about how to ignite consumers spending. Kai Ryssdal speaks with Fortune Magazine editor Leigh Gallagher and Businessweek's chief economist Mike Mandel about whether we should be concerned about deflation as consumers wait for prices to fall to buy again.
Council of Economic Advisers Chair Christina Romer co-authored President Obama's plan for economic recovery. Kai Ryssdal discusses the stimulus and its prospects for jump-starting the economy with Romer.
President Obama is pressing Congress to approve his stimulus package. As lawmakers debate the plan, commentator Susan Lee says one argument they should consider is that a stimulus won't work.
Americans are having a tough time paying off their debts in this recession. That's good news for debt collection call centers in India, where business is booming. Raymond Thibodeaux reports.