Charlie Herman is the Business and Economics Editor for WNYC News and the national morning news program, The Takeaway. He regularly reports on local and national business stories at the station. Charlie hosts WNYC's weekly finance segment, Money Talking and edits and produces the weekly tech segment New Tech City. Charlie joined the station in April 2010.
Prior to coming to WNYC, Charlie worked at ABC News for nearly 16 years. For more than five years, he oversaw the Business News Unit during the financial meltdown and recession. Prior to this position, he was the Deputy Bureau Chief in the Los Angeles Bureau overseeing news coverage for the western region of the U.S.
Before that, he was the Miami Bureau Producer from 2001 to 2003 where he covered events in Florida, the southern United States and in Latin America in countries such as Colombia, Cuba and Venezuela.
In 2003, Charlie helped set up ABC News’ operations in Baghdad. He began his career at ABC News in the Washington Bureau in 1994.
During his time at ABC News, Charlie won a Business Emmy for a series of stories for World News Tonight with Peter Jennings entitled “The Broken Pension Promise,” and shared an Alfred I. DuPont and a Peabody Award with the news division for coverage of September 11, 2001.
Why did it take GM over a decade to respond to a defect the carmaker has linked to 13 deaths and dozens of accidents? And has high-frequency trading rigged the stock market? Joe Nocera of the New York Times and Rana Foroohar of Time discuss.
As President Obama tightens the screws on wealthy Russians, they might have to chose between their love for the motherland land or their pocketbooks.
The 1 percent pushes back against the rise of populism.
Congress moves to get the government out of the mortgage business.
In Ukraine, what started as an economic crisis has turned political. What will it take to resolve the stalemate?
The looming crisis is getting closer — and it’s keeping elected officials like Chris Christie up at night. Here’s how cities and states are finding billions to fix the problem.
The FCC is renewing its efforts to pass net neutrality rules to keep the internet free and open. These days, we can't live without the web, just like we can't live without water or power. So, should the government regulate internet access like a utility?
Also on Today's Show: A new report out by the Congressional Budget Office shows that increasing the federal minimum wage would mean an increase in family income but also the elimination of some low-wage jobs...The top five in the world sounds pretty impressive everywhere from academics, to wealth or life expectancy. It's impressive everywhere except the Olympics. What is it like for an Olympic athlete to finish in fourth place?
Friday is the final day of voting for what could be a different type of relationship between management and labor in this country, and it's happening in a place not usually associated with unions: Tennessee.
This week on Money Talking, what's up with the recent slide in the stock market? And is hosting a Super Bowl a good financial bet for the host city?
It seems totally contradictory, but that distracting device in your hand can also be your salvation for focusing your mind through meditation.
Today the New York Department of Financial Services begins its first of two days of hearings on digital currencies like Bitcoin. Charlie Herman, economics editor for WNYC, discusses how today's hearings could change our understanding of virtual currency. While Bitcoin may be on the rise, the currencies in emerging markets are on the decline. Gillian Tett, assistant managing editor and columnist at The Financial Times, predicted the early months of 2014 would bring this sort of turbulence.
Bitcoin. It's the latest tech "disruption" because if it's successful it could upend banks, Wall Street and good-old, cold-hard cash. But if it's not all about the Benjamins, then what's it all about?
It isn't traded on the New York Stock Exchange — not yet, at least — but it does have a brand new "center" just down the street. It's not backed by any government, but its growing popularity is prompting regulators to step in and ask if they should turn on the lights and pull back the punch bowl. It's the virtual currency "bitcoin," and it's coming to a digital wallet near you.
The President announces new guidelines for NSA surveillance. Tech CEOs prepare gather with other business and world leaders at the World Economic Forum in Davos, Switzerland. And Target tries to soothe customers’ fears after hackers obtain millions of credit and debit card accounts. What's the connection? It’s all about our personal data. On Money Talking, why everyone – governments, companies, and hackers – want it: Privacy, people and the bottom line.
Tech entrepreneurs say a federal court ruling will have a profound and negative impact on the Internet. "You may find that your Internet service provider is functioning more like a cable company," says On The Media's Brooke Gladstone.
Janet Yellen will be the first woman to head the the Federal Reserve when she takes over at the end of January. How much will the world's most powerful central bank change under her leadership?
It's a chance for de Blasio to move away from his reputation as a "wild-eyed socialist," says the Atlantic's Molly Ball.
A tax break enacted at the start of the financial crisis to help Americans whose home values have dropped sharply comes to an end tomorrow because Congress didn't extend it.
The tall buildings rising up along 57th Street are going through without public review or environmental input—and will soon cast long shadows over some of the park’s most popular spots.