Streams

Joe Nocera

New York Times Op-Ed Columnist

Joe Nocera appears in the following:

Money Talking: What Does High-Frequency Trading Mean For Your Average Investor?

Friday, September 21, 2012

In Olympic track and field, a tenth of a second can mean the difference between the gold and the silver. But on Wall Street, mere milliseconds separate the winners from the losers. WNYC’s Money Talking explains “high-frequency trading” and what it means for average investors and the market.

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Money Talking: Is the Stock Market Another Bubble in the Making?

Friday, September 14, 2012

The Lehman Brothers bankruptcy four years ago marked the start of a financial crisis that left millions jobless, smashed nest eggs and sent the stock market into a downward spiral. These days — at least on Wall Street — it’s as if the recession never happened. WNYC’s Money Talking discusses whether the stock market is entering another bubble.

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Money Talking: Why Has Wall Street Abandoned President Obama for Mitt Romney?

Friday, August 17, 2012

Wall Street threw its support behind Barack Obama in 2008, but this election cycle the tables have turned. Now, it's funneling most of its donations to Mitt Romney and conservative super PACs.

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Money Talking: How Safe Are Money Market Funds?

Friday, August 10, 2012

Investors have been flocking to money market funds for decades, and today their total value stands at $2.5 trillion. Businesses, non-profits, government and individuals seem to think they're a sound investment, but how safe are they?

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Money Talking: Is the Stock Market Broken?

Friday, August 03, 2012

This week a technical glitch in electronic trading sent the stocks of nearly 150 companies, like Bank of America and GE, on a wild ride.  

It was the latest in a string of stock market snafus, including NASDAQ's botched Facebook IPO in May and the "flash crash" of 2010 when the Dow Jones Industrial Average plunged 600 points only to recover minutes later.

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Money Talking: Has the Fed Run Out of Tools?

Friday, July 27, 2012

The American economy is slowing down.

GDP grew at a 1.5 percent rate in the second quarter, down from 1.9 percent in the first quarter, and anticipation is growing over what the Federal Reserve's policy-making committee will decide when it meets next week.

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Joe Nocera: Penn State Football "Death Penalty"

Friday, July 20, 2012

New York Times op-ed columnist Joe Nocera talks about what the NCAA could and should do to address the problems outlined in the Freeh report about the Sandusky scandal.

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Money Talking: Do Star CEOs Turn Around Troubled Companies?

Friday, July 20, 2012

Former tech darling, Yahoo, has been struggling in a world dominated by Apple, Amazon, Google and Facebook. Even with an estimated 700 million users around the world, it’s had difficulty turning that reach into profits.  This week, the company reported that revenues were down 1 percent for the quarter that finished June 30, and profits fell to $226 million from $237 million a year earlier.

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Money Talking: Could Dodd-Frank Prevent Another Financial Crisis?

Friday, July 13, 2012

July 21 marks the two-year anniversary of the Dodd-Frank financial reform law, but the vast majority of the rules have yet to be finalized.

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Could Eminent Domain Resuscitate Underwater Homeowners?

Tuesday, July 10, 2012

A company called Mortgage Resolution Partners wants local governments to use eminent domain to help homeowners drowning in debt.

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Joe Nocera Explains LIBOR

Tuesday, July 10, 2012

The New York Times op-ed columnist Joe Nocera explains the London InterBank Offered Rate (LIBOR) index in the context of the allegations that Barclays manipulated that key rate benchmark.

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Money Talking: How Serious Is the Barclays LIBOR Scandal?

Friday, July 06, 2012

Heads are rolling at the British bank Barclays after it admitted to rigging a key interest rate known as the LIBOR — short for "London Interbank Offered Rate."

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Money Talking: Future of Health Care Costs After Supreme Court Upholds Law

Friday, June 29, 2012

The long wait is over.  The Supreme has ruled.  The health care law stands (mostly).

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College Football Approves New Playoff Format

Wednesday, June 27, 2012

A committee of university presidents has approved a new playoff system for college football. After this year, the much-derided Bowl Championship Series will come to an end, and be replaced by a four-team playoff and a Super Bowl-style title game.

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Big Banks Write 'Living Wills' For July 1 Deadline

Tuesday, June 26, 2012

A person writes a "living will" so caretakers will know his wishes if his health starts to fail. Now, nine of the world's largest financial institutions have to do the same thing so regulators will know what to do if one of them fails.

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Money Talking: How Pro-Business Is Today's Supreme Court?

Friday, June 22, 2012

Next week, the Supreme Court will decide the fate of President Barack Obama’s signature piece of legislation, the Affordable Care Act, which attempts to reorganize one fifth of the U.S. economy.

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Money Talking: Falling Gas Prices, Why Can’t We Predict Risk Better?

Friday, June 15, 2012

Remember the headlines just a few months ago? People predicted gas would reach $5 a gallon  This week, the price is $3.57, according to the Energy Information Administration.

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Money Talking: Is Now the Time to Panic about Europe? And The Economics of Summer Blockbusters

Friday, June 08, 2012

For more than two years, the European economy has see-sawed between potential collapse and stability.

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Why The American Middle-Class Needs Unions

Wednesday, June 06, 2012

Last night in Wisconsin, voters weighed in on whether Governor Scott Walker would stay in office. The recall began with protests over Governor Walker's attempts to curb union bargaining power in Wisconsin. However, as the election approached it grew into a divisive political fight, with $60 million on both sides. Whether or not the Wisconsin recall will prove to be a bellweather for the 2012 presidential election, it's certain to have implications for the future of labor unions throughout the country.

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Corner Office to Oval Office; Apple After Steve Jobs

Friday, June 01, 2012

With unemployment rising again and U.S. growth slowing, the economy will continue to dominate the presidential race. Mitt Romney argues his business experience has prepared him to turn these indicators around. But how does skill at running a company translate into skill at running a country?

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