WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 each weekday. This financial wrap delivers highlights of the day's business news delivered by WNYC's reporters with context, clarity and a New York perspective.
Recently in Financial 411
Friday, July 22, 2011
Without a plan to raise the borrowing limit, America will probably default on its debts. We'll talk about how some Wall Street firms are preparing to profit from a default, and review this week's business headlines.
Thursday, July 21, 2011
News Corp.'s troubles in Great Britain are of particular interest to about 6,000 New Yorkers. We'll talk about how people at the Wall Street Journal and Fox News see the unfolding scandal.
Wednesday, July 20, 2011
Debt Talks Continue on Capitol Hill
President Barack Obama said he's now open to a short-term deal to raise the nation's debt ceiling if it will allow time for a broader plan to be put in place. There are 13 days left before the August 2 deadline, when the U.S. risks defaulting on its financial obligations.
Tuesday, July 19, 2011
Before he was mayor, Michael Bloomberg was a technology entrepreneur. We'll talk about some of the challenges entrepreneurs say they face in trying to start a company in New York. We'll also hear from a Brooklyn Arborist, in our latest installment of the New York Works series.
Friday, July 15, 2011
Who could be the big loser in New York City, as Washington debates the nation's debt ceiling? We'll review this week's business headlines.
Thursday, July 14, 2011
We'll talk about the phone hacking scandal that just keeps getting worse. Now the FBI's getting involved.
Wednesday, July 13, 2011
After three days of losses, markets returned to positive territory on Wednesday, spurred on by Federal Reserve Chairman Ben Bernanke's comment that the Fed is prepared to do more to stimulate the economy if it falters. News Corporation added 58 cents after the beleaguered media giant announced it will abandon a bid for full control of a British satellite broadcaster.
Tuesday, July 12, 2011
There's a new kid on the block. A publisher of small niche newspapers in New York City has jumped into the mayoral race.
Monday, July 11, 2011
We'll preview this week's business news, and have the latest installment from our New York Works series.
Friday, July 08, 2011
Manhattan rents are rising, but Westchester office vacancy is up too. We look at the uneven recovery in real estate.
Thursday, July 07, 2011
American domination weakens and the Chinese gain a stronger foothold in the rankings of the world's 500 largest companies.
Wednesday, July 06, 2011
Do you ever feel that you're so busy, you don't have time to think? One consultant tells you why you need that time, and how to carve it out of your day.
Tuesday, July 05, 2011
It's all about jobs this week, as the government releases the June employment report. Speaking of jobs, we'll talk about one that will make your skin crawl, for the latest report in our New York Works series.
Friday, July 01, 2011
Mortgage-backed securities were back in the news this week, with Bank of America settling a big lawsuit with investors. We'll discuss how much exposure other banks have.
Thursday, June 30, 2011
You can't hold it in your hand. There's no ATM for withdrawals. And it's soaring in value. We'll talk about bitcoin, the new online currency.
Wednesday, June 29, 2011
The big worry last summer was the possibility of states across the country defaulting on their debts.
Tuesday, June 28, 2011
Home prices rose slightly in April. But is it better to rent or buy?
Monday, June 27, 2011
A bit of hope returned to Wall Street on Monday, after signs that that the debt crisis in Europe could be avoided. That sent stocks up a percentage point. The Dow Jones gained 109 points, to close at 12,044. The S&P 500 gained 12 points, ending at 1,280. And the NASDAQ added 35 points, to finish at 2,688.
Friday, June 24, 2011
So much wrangling, but still nothing to show for it. We'll talk about what the logjam in Albany means for rent regulations, property taxes, and more, for our weekly business roundup.
Thursday, June 23, 2011
In trading on Thursday, LinkedIn, the social networking site for career-minded individuals, gained $3.50, or five percent, to $70.32. And, Pandora, the company that lets you design your own internet radio station, added 66 cents, or five percent, closing at $14 a share.