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Two new documentaries—“Money For Nothing: Inside the Federal Reserve” and “Hank: Five Years from the Brink"—look at the financial meltdown five years later. Do they tell the truth? And are they any good? We've got two perspectives. One, from WNYC’s economics editor, Charlie Herman. The other, from Movie Date co-host Kristen Meinzer.
Five years ago Sunday, Lehman Brothers filed for bankruptcy and set off the financial crisis that threatened the entire global financial system and plunged the nation further into recession, one it's still recovering from today.
This morning the Bureau of Labor Statistics released the August jobs report, which shows the economy added 169,000 jobs last month. In addition to adding jobs, the unemployment rate dipped, though only to 7.3 percent. WNYC's Business and Economic Editor, Charlie Herman, joins The Takeaway to explain what these numbers mean and how the Fed might react.
The debate in Congress this week over whether to give President Obama authorization to take military action in Syria crowded out talk of economic issues like funding the government, raising the debt limit, picking a new boss at Federal Reserve and immigration reform.
Research scientists looking to turn discoveries in their labs into businesses will soon have a new space to do just that in New York City.
Scientists in New York City are at the center of President Obama's brain research initiative, a $100 million effort to better understand the inner workings of the human noggin.
September is historically the worst month for the stock market. Add to that, a showdown over government spending, unrest in the Middle East and nerves about what the Federal Reserve is going to do, and things start to look dire.
Tennis is a sport that prides itself on tradition, but it can't escape technology.
When it comes to finding just the right sized office space, New York City's tech companies are turning to subleases because they are not ready to sign five to 10 year leases favored by the city's landlords.
Meet David Rose, an angel investor and a venture capitalist. Yes, both categories of investor fund startup companies, but there are a few key distinctions.
When a Silicon Alley startup gets a new round of funding, the company might double or triple in size and quickly need to find a roomier office to house all its new employees.
Theater, one of the oldest forms of entertainment, is again embarking on this tradition of immersion. While interactive theater isn’t new, it is growing in popularity as audience members are encouraged to drink, socialize or take part in a production without being dragged on stage. Charlie Herman, the business and economics editor for Takeaway co-producer WNYC, explains the latest developments in immersion theater.
Simple experiences, like borrowing a ladder from a neighbor or just taking a long solitary hike, are being altered by tech.
Nextdoor is a social network to connect neighbors. According to its CEO and co-founder, the service isn't about organizing a block party: It's about keeping your neighborhood safe, sharing referrals and consolidating all the notices that the city sends out digitally.
Amazon CEO Jeff Bezos' purchase of the Washington Post this week for $250 million amounts to less than one percent of his net worth.
New Tech City producer Dan Tucker has attended A LOT of weddings recently, and he's noticed a trend when it comes time for speeches and toasts. The best man or maid of honor takes the microphone and starts reading from emails, texts and online chats that the bride and groom sent each other over the years. Call it Love in the Time of Gmail.
Biographers have relied on handwritten letters for centuries, but more and more, they're using emails, texts and online chats to tell the story of a person's life.
The SEC secured a courtroom win against an employee of a Wall Street bank at the center of the financial collapse. A jury Thursday found former Goldman Sachs trader Fabrice Tourre, the self-proclaimed "Fabulous Fab," liable on six counts of fraud.
So far, 2013 has proved a strong year in terms of the economic recovery, with the economy steadily adding just around 200,000 jobs each month. Today’s much-anticipated monthly jobs report continued that streak. The economy added 162,000 jobs, and the unemployment rate ticked down to 7.4 percent. Charlie Herman, Business and Economics Editor for WNYC Radio, joins us to discuss the latest figures.