American Morning

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July 8th, 2010
10:00 AM ET

Does unemployment money help or hurt?

(CNN) – By the time Congress returns to work next week, 2.1 million unemployed Americans will have lost their jobless benefits. That's because lawmakers failed to pass an extension before taking their summer break. That has a lot of Americans angry. But some economists insist unemployment extensions have to stop, claiming they add to the deficit and keep people out of work longer. Others call that perspective cruel, considering this economy. On Thursday's American Morning we were joined by two experts who squared off over the issue; Michael Tanner, a senior fellow at the Cato Institute, and Lawrence Mishel, president of the Economic Policy Institute. Watch Video

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Filed under: Economy • Politics
July 5th, 2010
01:00 PM ET

Time runs out for 1.2 million on unemployment

(CNN) – Last week, the House passed a bill to extend benefits to those who have been unemployed longer than six months. But by then, the Senate had already taken off for a week-long break. The stalled bill is making life difficult for more than a million out-of-work Americans, including Debra Rousey. She lost her job as a bank branch manager in November and her last unemployment check cleared about two weeks ago. She joined us on Monday's American Morning to share her story.


Filed under: Economy
June 28th, 2010
10:00 AM ET

Schools out of stimulus cash cut teaching jobs

(CNN) – When the economy tanked, there were a few jobs that people considered to be recession-proof. Teaching was one of them. But as our Mary Snow reports, with stimulus dollars running out in school districts across the nation, thousands of teachers are finding themselves without a class to teach.


Filed under: Economy • Education
June 8th, 2010
02:00 PM ET

End of the road for legendary gas-guzzling Hummer

(CNN) – After a taxpayer bailout, things are starting to look up for General Motors. In fact, the Wall Street Journal is reporting the automaker will start airing Super Bowl ads next year after a two year hiatus. Part of its recovery means the end of the road for some memorable GM brands, including the biggest one of them all. Our Allan Chernoff has the report.


Filed under: Business • Economy
May 24th, 2010
09:00 AM ET

The Cost of College: Families placing premium on value

(CNN) – With college costs skyrocketing and a recession raging, it's not just about getting in to the best school these days. For many students and their cash-strapped parents, prestige is taking a back seat to price. Our Alina Cho reports for the first part of a week-long series, "The Cost of College."

Program Note: Tomorrow on American Morning, in part 2 of "The Cost of College," our Alina Cho profiles a young man who turned down a scholarship at one university to attend a more expensive and prestigious school. He says that decision left him buried in debt that will take decades to pay off.


Filed under: Cost of College • Economy • Education
May 13th, 2010
11:00 AM ET

'Mr. President, I need a freakin' job...'

(CNN) – Unemployment is part of everyday life for millions of Americans and one man finally decided to do something about it. He created a grassroots organization, "I need a freakin' job," to give a voice to the fifteen million unemployed.

There's also a billboard on display in Buffalo with the same message directed at President Obama, and that's where he'll be today as part of his "White House to Main Street" tour. Jeff Baker, the creator of "I need a freakin' job," joined us on Thursday's American Morning.

Read more: Obama's 'Main Street' tour heads to NY


Filed under: Economy
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