Streams

Joe Nocera

New York Times Op-Ed Columnist

Joe Nocera appears in the following:

Money Talking: Facebook’s IPO Flop and White Male Board

Thursday, May 24, 2012

Facebook’s much-anticipated debut as a public company has turned out to be a small disaster. The company and its lead investment bank, Morgan Stanley, are under fire from regulators and Congress; and the head of NASDAQ is apologizing for its role in how the stock offering was conducted.

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The Truth Behind What JPMorgan's Jamie Dimon Said, Facebook Goes Public

Thursday, May 17, 2012

JPMorgan Chase’s CEO Jamie Dimon called concerns about a massive trading bet a “tempest in a teapot” last month.

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Europe On the Edge, Who Fakes a Resume in 2012?

Friday, May 11, 2012

What does President Obama want from Europe?  It’s the question that hangs over the head of the White House as leaders of the G-8 come to the U.S. for meetings next week

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Money Talking: Should We Be Scared of $1 Trillion in Student Loans?

Friday, April 27, 2012

May 1 is the deadline for millions of high school seniors to choose where they will go to college in the fall.  To pay for it, many will take out thousands of dollars in student loans, only adding to the country’s more than $1 trillion in existing student debt. All this debt is having enormous consequences on economic growth.  Could student loans be the next financial bubble?

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Joe Nocera on the Chevy Volt

Thursday, April 12, 2012

Joe Nocera, op-ed columnist at The New York Times, discusses the right's reaction to the Chevy Volt-.

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Department of Justice Sues Apple Over the Price of E-Books

Thursday, April 12, 2012

Yesterday the U.S. Department of Justice sued Apple and five major publishers on antitrust grounds, alleging they fixed prices of e-books throughout 2010. According to the Department, consumers may have been paying as much as $5 too much for e-books. Three of the publishers have settled. Joe Nocera is an Op-Ed Columnist at the New York Times, and joins us to talk about how book pricing works, and what yesterday's legal actions mean for the future pricing of e-books.

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Yahoo Layoffs Cautionary Tale For Creative Capitalism

Thursday, April 05, 2012

"Do you Yahoo?" was the web giant's catchphrase, but not enough people are answering in the affirmative these days. Yahoo has announced that it is laying off 2,000 employees in the hopes of turning around the company. Joe Nocera, Op-Ed columnist for our partner The New York Times, says Yahoo should be a cautionary tale for other tech companies like Google and Facebook, who might be next in line.

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What Happens If the Supreme Court Rejects the Individual Mandate?

Wednesday, March 28, 2012

All this week, the Supreme Court has heard arguments on the constitutionality of the Affordable Care Act. The centerpiece of President Obama's health care reform legislation — and the focus of the debate at the Court — is the individual mandate, which requires all Americans to purchase health insurance or pay a fine. The Court won't issue a ruling until June, but if they do declare the mandate unconstitutional, how much of a real difference will it make for you and your health care?

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MF Global Emails May Not Be Smoking Gun Against Corzine

Tuesday, March 27, 2012

The House Financial Services Committee will hold its third hearing Wednesday into the collapse of MF Global, the commodities firm once led by former New Jersey Governor and Senator Jon Corzine.

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March Madness Economics

Wednesday, March 21, 2012

There's a lot of money to be made off March Madness. At $122 billion, the amount of spending the NCAA's annual basketball tournament generates is equal to Iceland's GDP. That total includes $614 million in TV advertising, $300 million in NCAA merchandise, and $185 million in corporate sponsorship. So why aren't the athletes paid?

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Proposed Republican Budget Cuts Rile Democrats

Tuesday, March 20, 2012

Republican Congressional leaders are staking out their positions on the federal budget, setting up what will most likely become another series of policy fights with President Barack Obama this election year.

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Joe Nocera on the NCAA, Fracking and Wall Street

Friday, March 16, 2012

Joe Nocera, op-ed columnist for The New York Times and WNYC contributor, discusses his proposal to fix college sports. Plus, continued conversations on fracking and the culture of Wall Street. 

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Is the Price of Gas the Only Economic Indicator that Matters?

Wednesday, March 14, 2012

Most economic indicators point to America being on the upswing in 2012. The stock market is up. Unemployment is down. And the strains in the global financial markets have eased. Yet 59 percent of voters rate President Obama negatively when it comes to the economy, according to a new Washington Post/ABC poll.

Could it be because of the one economic indicator that’s stubbornly not improving: gas prices?

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Bank Stress Test Results In

Tuesday, March 13, 2012

The Federal Reserve released the results of “stress tests” for 19 financial institutions Tuesday — two days ahead of schedule — after J.P. Morgan Chase announced it successfully passed the test and was boosting dividends.

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'Summertime': Cover to Cover

Thursday, March 01, 2012

It’s still officially winter… but we're all about “Summertime” today. As “The Gershwins’ Porgy and Bess” continues its run on Broadway, we look at the oft-covered popular song from the opera, “Summertime.” New York Times columnist Joe Nocera joins us to talk about some of the many versions of the song that have been released since the opera was first performed in 1935. Plus, singer Kat Edmonson joins us to perform her recent take on the classic.

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President Obama Addresses United Auto Workers

Wednesday, February 29, 2012

As voters in Michigan prepared to head to the ballots Tuesday, President Obama delivered a rousing speech to the United Auto Workers Union in Washington D.C., taking the opportunity to campaign on the success of the auto-bailout. Three years and some $80 billion later, the rescue of Chrysler and GM has remained fresh in the minds of voters in Michigan. However, the significance of the bank and auto bail-outs may mean something else — or perhaps nothing at all — to voters in other parts of the country.

A Look at the Markets at Home and Abroad with Joe Nocera

Wednesday, February 22, 2012

Greece has once again narrowly avoided defaulting on their $172 billion debt by agreeing to more austerity measures and selling off profits to euro zone countries. However, it's unlikely this development will ease the dire situation of its population: nearly 20,000 Greeks are homeless and 21 percent are unemployed. Stateside, there were signs of recovery when on Tuesday the Dow hit 13,000 for the first time since 2008. But if the last four years have proved nothing else, it's that what happens across the globe can directly impact a market at home.

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State of the Union Address: Obama on the Economy

Wednesday, January 25, 2012

The theme of last night's State of the Union was "an economy built to last." Vowing to protect the middle class and correct economic inequality, President Obama laid out his plans for financial reform: regulating home prices, penalizing banks that participated in the housing crash, imposing the "Buffet rule," and tightening regulations on private equity and Wall Street.

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Joe Nocera on the Regulation of Big Banks

Tuesday, January 17, 2012

The issue of how to keep big banks in check is the topic of national conversation as the country slowly climbs out of the recession. Questions on how to prevent another economic recession and regulate the financial sector are part of the heated debate. Joe Nocera, Op-Ed columnist for the New York Times explains how "complexity risk" — what results when there are too many regulations — could pose a threat to the financial system.

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In Defense of Paying College Athletes

Tuesday, January 03, 2012

Be it from ticket sales, memorabilia, television rights, or donors, college sports generate over $6 billion in annual revenue. Yet while coaches are receiving larger and larger contracts — the average college football coach's salary in 2010 was $1.36 million — the money doesn't trickle down to the players. The discrepancy has led many to call for stipends or other methods of paying college athletes for their work on the field. On January 14, the National Collegiate Athletic Association will review the issue.

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