Financial 411

A Podcast from WNYC News

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

Financial 411: Insourcing Vs. Outsourcing

Thursday, March 24, 2011

New York City has run up some very high bills for information technology services. The Bloomberg administration now says the answer to cost overruns is to rely more on city workers.

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Financial 411: Goldman Sachs CEO Takes the Witness Stand at Insider Trading Trial

Wednesday, March 23, 2011

Goldman Sachs CEO Lloyd Blankfein took the stand today in the insider trading trial of hedge fund billionaire Raj Rajaratnam.


Financial 411: Japan's Recovery

Tuesday, March 22, 2011

As Japan continues to try and get control of that leaking nuclear reactor, clean up efforts elsewhere are underway.  As the dust settles, just how much damage did the two natural disasters wreck on Japan and the world economy.


Financial 411: AT&T Inks Deal to Acquire T-Mobile

Monday, March 21, 2011

Wall Street loves a merger. But it's not always good news for consumers. We'll talk about what AT&T's proposed acquisition of T-Mobile could mean for all of us.

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Financial 411: Weekly Business Roundup

Friday, March 18, 2011

This week, developer Forest City Ratner indicated that it could put the world's tallest pre-fab building in the heart of Brooklyn. We'll talk about the changing shape of the Atlantic Yards project.


Financial 411: Giving to Japan

Wednesday, March 16, 2011


The on-going nuclear crisis in Japan continued to push markets down in the U.S. Stocks opened lower and then dropped even further. At the end of the day, the Dow Jones lost 242 points to close at 11,613. 

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Financial 411: A Look at Nuclear Energy at Home

Tuesday, March 15, 2011

There's more economic fallout from the ongoing nuclear disaster in Japan. We'll talk about how that might change the demand for nuclear energy here at home.


Financial 411: Markets React to Japan Crisis

Friday, March 11, 2011

The massive 8.9 earthquake off the coast of Japan and the tsunami that followed have killed hundreds of people and disrupted businesses across the nation.


Financial 411: A New Plan for St. Vincent's Hospital

Thursday, March 10, 2011

St. Vincent's Hospital will re-open a medical facility, while selling most of the property for apartments.


Financial 411: Unemployment Rises Slighty in New York

Wednesday, March 09, 2011

The jobless rate in New York State and New York City increased in January, even as jobs were created. We'll talk about the latest jobs numbers.


Financial 411: Hedge Funds Under the Microscope

Tuesday, March 08, 2011

Jury selection began today in the biggest insider trading case in U.S. history. We'll talk about hedge funds under the microscope.


Financial 411: Two Years After the Wall Street Crash

Monday, March 07, 2011

Two years ago, the stock market fell to its lowest point in the financial crisis. Now it's like those bad old days on Wall Street never happened. We'll talk about where the markets have been and where they're going.


Financial 411: Weekly Business Roundup

Friday, March 04, 2011

The nation posts its best monthly jobs report in many months, but there's still a long way to go to recovery.


Financial 411: Bernanke Concerned About State Fiscal Recoveries

Thursday, March 03, 2011

Federal Reserve Chairman Ben Bernanke is concerned about the fiscal problems troubling many states.


Financial 411: The World of New York City Concert Ticket Sales

Wednesday, March 02, 2011

When the popular band LCD Soundsystem announced its last show ever at Madison Square Garden, fans rushed to buy tickets, but found they couldn't get any. We'll talk about the opaque world of New York City concert ticket sales.


Financial 411: Airline Prices on the Rise

Tuesday, March 01, 2011

If you've booked a plane trip in recent weeks, you might have noticed prices are a bit high. In fact, according to, the major airlines have already tried to raise prices five times in the first two months of this year.


Financial 411: Rising Oil Prices and the Auto Industry

Monday, February 28, 2011

The nation's automakers release their sales figures for the month of February Tuesday. By some estimates, sales were up around 20 percent from a year ago.


Financial 411: Wall Street Bonuses Shrink and Gas Prices Rise

Friday, February 25, 2011

Lower Government Spending Slows Economic Growth

Reduced spending by state and local governments meant the U.S. economy grew at a slower pace in the final months of 2010 than originally calculated. The Commerce Department said fourth-quarter GDP expanded at an annual rate of 2.8 percent, not 3.2 percent as first estimated. The revised report also found that consumers spent less than previously thought.

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Financial 411: Stock Futures Down Amid Overseas Concerns

Thursday, February 24, 2011

The on-going crisis in Libya and in parts of the Middle East continues to send oil prices higher.


Financial 411: New Credit Card Protection Rules in 2011

Wednesday, February 23, 2011

At one point Wednesday, oil was trading at more than $100 a barrel, the first time since October of 2008.  At the end of the day, the price settled at just over $98.