Streams

Charlie Herman

Business and Economics Editor

Charlie Herman appears in the following:

GDP Pulse Check

Monday, August 02, 2010

Diane Brady, senior writer at Business Week, and WNYC's business and economics editor Charlie Herman talk about the latest gross domestic product numbers and what they mean for the economy.

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Agenda: Slowing Economy, BP's Dispersants, and Obama's Birthday

Monday, August 02, 2010

We look ahead this week to birthdays, oil in the Gulf and unemployment numbers. On Wednesday, President Barack Obama turns 49; former White House correspondent Helen Thomas turns 90 on the same day. Besides birthdays, there will hopefully be another cause for celebration down on the Gulf coast: BP may have found a way to permanently seal the well that has gushed roughly 184 million gallons of oil into the Gulf of Mexico.

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What's Next for Financial Reform?

Thursday, July 15, 2010

As a final Senate vote nears, contributor to Slate.com's Big Money Heidi Moore and WNYC business and economics editor Charlie Herman talk about the future of financial reform.

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Back to School: New York City Restaurants Receive Letter Grades for Sanitary Conditions

Monday, July 12, 2010

Starting later this month, color-coded grades based on restaurant food-safety conditions will begin appearing in prominent locations to the entrances of New York City’s nearly 24,000 eating establishments.

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The Agenda: Unfinished Business in Washington, State of the Economy

Monday, July 12, 2010

On Capitol Hill this week, Democratic lawmakers will make a last-ditch attempt to get the financial regulations bill passed before heading into mid-term elections. Democratic Senators are also struggling to extend unemployment benefits to the nation's jobless, but have yet to secure enough votes to avoid a Republican filibuster. And while the Judiciary Committee is expected to vote on the nomination of Elena Kagan to the Supreme Court, it is likely Republicans will delay Tuesday's vote until next week.

Outside the beltway, this week marks the start of earnings season. Investors and economics will be watching closely to see if the economy is on the road to recovery or headed for a double-dip recession.

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Back to School: New York City Restaurants Receive Letter Grades for Sanitary Conditions

Monday, July 12, 2010

Starting later this month, color-coded grades based on restaurant food-safety conditions will begin appearing in prominent locations to the entrances of New York City’s nearly 24,000 eating establishments.

Comments [11]

Restaurant Grades: 'A' Grade

Monday, July 12, 2010

In school we learned that an 'A' was awarded for a score between 90-100 points, a 'B' for 80-89 points and a 'C' for 70 to 79. That’s not how the New York City’s new health inspection restaurant grading program will work.

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Restaurant Grades: 'B' Grade

Monday, July 12, 2010

As the new food inspection program rolls out later this month, if a restaurant receives more than 14 points, it will not receive a grade at that time. Instead, the restaurant will be re-inspected at least a week after the first inspection. During that time, the Health Department hopes restaurants will fix any violations before a second, different inspector makes an announced visit to conduct another survey.

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Restaurant Grades: 'C' Grade

Monday, July 12, 2010

The dreaded 'C.' It is the "Scarlet Letter" of restaurant grades. With only three possible grades, the 'C' is the lowest mark a restaurant can receive.

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Restaurant Grades: Pending Grade

Monday, July 12, 2010

A restaurant that receives a 'B' or 'C' on its second inspection can opt to post a 'Grade Pending' card in the window while it waits for a hearing before an Administrative Tribunal at the Health Department.

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How the Heat Wave Is Taxing Our Power Grid

Tuesday, July 06, 2010

The New York Independent System Operator (NYISO) manages the state’s power grid and administers the $11 billion bulk wholesale energy market for the state. It also has responsibility for operating nearly 11,000 miles of transmission wires and over 500 electricity power generators as well as planning for future energy needs.

Earlier ...

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US Economy Loses Jobs in June, As Expected

Friday, July 02, 2010

For the first time this year, the economy lost jobs largely as a result of 2010 census workers losing those temporary jobs in June.

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Economy Loses Jobs In June

Friday, July 02, 2010

For the first time this year, the economy lost jobs largely as the result of 2010 census workers losing those temporary jobs in June.

The government reported this morning that the nation’s payrolls fell 125,000 last month as a result of the elimination of 225,000 Census jobs.  Private sector employment increased by an anemic 83,000 jobs.

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U.S. Economy Loses Jobs In June, As Expected

Friday, July 02, 2010

For the first time this year, the economy lost jobs largely as a result of 2010 census workers losing those temporary jobs in June.

The government reported this morning that the nation’s payrolls fell 125,000 last month as a result of the elimination of 225,000 Census jobs. Private sector employment increased ...

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This Week's Agenda: Petraeus' Confirmation, Saudi King Comes to DC, Job Numbers

Monday, June 28, 2010

The week was thrown into uncertainty with the death this morning of Sen. Robert Byrd. The New York Times' Marcus Mabry and The Takeaway's Charles Herman, look at that and the rest of the news coming up in the next seven days.

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Business Briefing: G-20, Consumer Spending, BP and Jobs

Monday, June 28, 2010

The morning starts with U.S. markets reacting to the decisions by the G-20 nations this weekend to cut their deficits in half, and soon!

G-20 leaders agree to cut deficits, but slowly...slowly...and new rules for global regulation of banks to come...slowly...slowly....

...

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Financial Reform Agreement: Effect on New York?

Friday, June 25, 2010

Roben Farzad, senior writer for Bloomberg Businessweek, and Charles Herman, WNYC business and economics editor, look at what's in the financial reform agreed upon early this morning, and the effects on Wall St. and Main St.

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Dissecting the Drooping Home Sales Numbers

Thursday, June 24, 2010

Existing and new home sales numbers for May came out this week, and they were nothing to get excited about. Economists and experts were blown away by figures announced by the Commerce Department on Tuesday. While a drop in sales was expected, no one expected the 32.7 percent nose-dive from the previous month's sales.

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Orders for Durable Goods Fall, As Do Jobless Claims

Thursday, June 24, 2010

This morning we learned that orders for durable goods--big-ticket items from refrigerators to heavy machinery--fell 1.1 percent in May, a bit better than economists had expected. The drop was due mostly to a fall in demand for commercial aircraft. According to Ian Shepherdson, chief Economist with High Frequency ...

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Financial 411: Home Sales Fell in May--What's Next

Wednesday, June 23, 2010

Sales of new homes sales fell nearly 33 percent in May, while sales of existing homes were off more than two percent. Guest: Jonathan Miller, president and CEO of Miller Samuel, a New York-based real estate appraisal firm, says the real worry now is what happens to the housing market ...

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