The Census Bureau reports 47 million people in the U.S. live below the poverty line — 7 million more than the official government estimate. Kai Ryssdal talks to professor Sheldon Danzinger about why we need to gauge poverty differently in a new era.
Hugh Johnson, chief economist from Johnson Illington Advisors, talks with Bill Radke about what corporate profits hit the most impact and what President Obama wants to get out of Wall Street.
In the 1990s, most people didn't know the Commodity Futures Trading Commission's chairman was warning about derivatives and being ignored. Frontline's Michael Kirk reports on Brooksley Born's fight against Washington's economic establishment.
Pfizer, Caterpillar, Wells Fargo and DuPont are among companies reporting better-than-expected profits this quarter. Analysts say there are more to come. Does good news for corporations mean a recovering economy? Alisa Roth reports.
Apple's earnings topped Wall Street forecasts, but it says the weak dollar didn't help. Reporter Jeremy Hobson talks with Bill Radke about how a number of companies reporting earnings might tell a different story.
Why didn't more people see the current financial crisis coming? It's not the first financial meltdown the world has seen. Harvard economist Kenneth Rogoff has a new book with Carmen Reinhart that addresses that question. He talks with Kai Ryssdal.
Obama administration officials are talking about the importance of a strong greenback. But people in the currency markets say it's pretty obvious the White House is saying one thing while doing another. Bob Moon reports.
When the Fed bought trillions of dollars worth of assets and debt from struggling banks, it never divulged where the money went. Next week, the House Financial Services Committee will vote on whether to change that. John Dimsdale reports.
General Electric is expected to make a profit from its third-quarter earnings. But earnings are likely to be down over the same time as last year. Ashley Milne-Tyte reports.
