A new report from the London School of Economics claims that the current economic model used to calculate an effective carbon tax underestimates the true cost of climate disruption.
The best-case and worst-case scenarios for the Wall Street rescue bill recently signed into law by President Bush.
Treasury Secretary Henry Paulson came into office two years ago with plans to remake the U.S. economy. Instead he's become enmeshed historic government interventions in the economy -- including yesterday's failed $700 billion dollar bailout proposal.
For an update on how the $700 billion bailout package is playing out on the Hill, The Takeaway turns to Chairman of the House Financial Services Committee, U.S Representative Barney Frank, who answered your questions.
Treasury Secretary Henry Paulson has asked Americans for $700 billion to bailout financial institutions. This morning The Takeaway asked listeners and readers how they would ask for that much money. How would you ask for $700 billion?
The government's takeover of mortgage lenders Fannie Mae and Freddie Mac very real effects on mortgage holders and seekers, and taxpayers.
Treasury Secretary Henry Paulson described mortgage lenders Fannie Mae and Freddie Mac as 'interwoven into our financial system.' The government's takeover of the two giants will have very real effects on mortgage holders, mortgage seekers, and taxpayers. Guest: Ron Lieber, reporter for the New York Times
Federal Reserve Board chair Ben Bernanke and Treasury Secretary Henry Paulson are taking their biggest steps to regulate a problematic economy. What is it about this former Goldman-Sachs CEO that makes him ready to take on the next big challenge, and so powerful? Guest: Sudeep Reddy, Wall Street Journal economics reporter