Charlie Herman appears in the following:
Friday, December 03, 2010
Hopes that the businesses have hired more people as the economy recovers were scuttled Friday after the government reported anemic job growth in November. The government reported this morning that the nation’s payrolls increased by on by 39,000 jobs. Economists had been expecting an increase closer to 150,000.
Monday, November 29, 2010
While the nation's largest retailer Walmart considers opening a store in New York City, the city council has decided to take a closer look at the retailer.
Monday, November 29, 2010
Looking ahead to the week's agenda: Unemployment benefits for an estimated two million Americans is set to expire by tomorrow; Congress will decide whether or not to extend them. Time is running out to pass the new START agreement with Russia, as well. Two days of debate have been scheduled for Thursday and Friday that will address the Pentagon's soldier survey on "Don't Ask Don't Tell," and whether or not the repeal, backed by the White House, will go through. Also, the highly debated Bush Tax Cuts are set to expire in January for both middle and upper-income brackets...both sides seem to be adamantly sticking to their guns with no compromise in sight.
Tuesday, November 23, 2010
Monday, November 22, 2010
With Thanksgiving approaching, how many notches you'll have to relax that belt buckle won't be the only question people will be asking. Much of the focus will be on air safety and retail sales. Many travelers are not happy about the latest security measures the TSA is using for secondary screening, including full-body scans and thorough pat-downs. Many see both as extremely invasive, but the TSA says that both measures will stay. Callie Crossley, host of "The Callie Crossley Show" at WGBH in Boston, will see if any changes will come as Thanksgiving quickly approaches.
Sunday, November 21, 2010
Your morning cup of coffee could start costing a bit more as prices for green-coffee, or unroasted beans, are now more than 50 percent higher than they were a year ago. The increase has already led to price hikes for many coffee brands and even higher prices are expected in the months ahead.
Monday, November 15, 2010
The 110th Congress begins its lame duck session today, and the question remains: how much can lawmakers get done before the new members step in? Charlie Herman, economics editor for The Takeaway and WNYC looks at how this session of Congress handles the Bush tax cuts, "Don't Ask, Don't Tell," and the new START treaty.
Thursday, November 11, 2010
Government spending, according to some conventional wisdom, is out of control. That battle cry rallied many politicians during the mid-term elections, helped elect Tea Party and conservative Republican candidates, while putting Democrats on the defensive over the deficit. But now that elections are over, do politicians have the stomach for real change? Yesterday, the co-chairs of President Obama's non-binding fiscal commission on deficit reduction released a draft plan to curb spending ... but the plan met with general dismay in Washington. Why?
Monday, November 08, 2010
After the beating Democrats took in last week's mid-term elections, all eyes, including those of our managing producer, Noel King, will be looking at what the GOP's initial moves will be this week. She'll also look at President Obama's continued trip through Asia, along with Charlie Herman, business and economics editor for The Takeaway and WNYC Radio.
Friday, November 05, 2010
The U.S. economy added jobs in October for the first time since last spring due to hiring in the private sector.
The private sector hired 159,000 employees last month. That is the tenth consecutive month of job gains for the nation’s businesses. Since the start of the year, private sector employers have hired 1.1 million employees.
Friday, October 29, 2010
Despite the recession, New York City balanced its budget and even eked out a $5 million surplus. It helped that the City put aside nearly $3 billion last year to offset expected budget gaps for the fiscal year that ended on June 30.
Thursday, October 28, 2010
Higher sales taxes this year are not deterring shoppers in New York City. State comptroller Tom DiNapoli says sales tax collections increased 20.6 percent in the first nine months of the year compared to the same time a year ago. During the first nine months of 2009, sales tax collections fell 11.4 percent.
Monday, October 25, 2010
Sales of existing homes shot up in September, but are still below levels economists consider indicative of a healthy economy.
According to the National Association of Realtors, existing homes sold at an annual rate of 4.53 million in September. That’s an increase of 10 percent from August but down more than 19 percent from a year ago. August sales were revised downward slightly.
Wednesday, October 20, 2010
New Jersey's unemployment rate fell below the national average in last month. The state's Department of Labor reports that 9.4 percent of New Jersey residents were unemployed last month, two-tenths of a percent lower than the national unemployment rate.
Wednesday, October 20, 2010
A small slice of the disgraced financier Bernard Madoff's prized possessions will be sold at auction in New York this November.
Friday, October 15, 2010
Josh Zinner, co-director of NEDAP, the Neighborhood Economic Development Advocacy Project, and WNYC business and economics editor Charlie Herman reflect on the foreclosure freeze of many large banks nationwide and what that freeze is doing to the New York housing market.
Thursday, October 14, 2010
On the heels of the announcement of a nationwide investigation by state Attorneys General of foreclosure proceedings, foreclosure filings in September increased by nearly 3 percent compared to August. Compared to a year ago, foreclosure filings were up 1 percent. And for the first time, a record 102,134 homes were seized by banks in September.
Wednesday, October 13, 2010
The Attorneys General of New York and New Jersey have joined a coordinated investigation of improper foreclosures procedings that could have violated state laws.
Monday, October 11, 2010
Every Monday, we take a look at the big stories in the week ahead. This week's Agenda, covers foreclosures, midterm elections, calls for UN peace keepers in Sudan and the Nobel Prize in Economics.
Friday, October 08, 2010
The U.S. economy continues to lose jobs as the government reports Friday morning that 95,000 positions were cut from the nation’s payrolls.