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Money Talking

New Yorkers crave informed and intelligent business and economic news. Every week, WNYC's Business Editor Charlie Herman hosts regular WNYC contributors Joe Nocera (The New York Times) and Rana Foroohar (Time) to bring you those stories. It’s a conversation that goes beyond the headlines.  Context, conversation and insight. That’s WNYC's Money Talking.

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Morning Edition

Shoppers Expected Out In Force On Black Friday

Friday, November 28, 2014

It's the day hard-core shoppers have been waiting for: Black Friday. Some even got a head start at the mall, shopping on Thanksgiving Day.

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Morning Edition

Mega-Rich Invest In Works By Living Artists

Friday, November 28, 2014

Renee Montagne talks to art sociologist and writer Sarah Thornton about how the habits of the 1 percent reverberate across the art world. She is the author of 33 Artists in 3 Acts.

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Morning Edition

AFL-CIO Supports Black Friday Strikes Against Walmart

Friday, November 28, 2014

Since 2012, Our Walmart, an employee labor group, has been staging strikes on the day after Thanksgiving. The group wants workers to get more full-time jobs and make a living wage of $15 an hour.

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Money Talking

Forget Capitalism -- Long Live Monopolies!

Friday, November 28, 2014

Think capitalism and competition go hand in hand? Fuggedaboutit. Competition is for suckers who don't want to make any money. Real innovators build monopolies and never look back.  

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Money Talking

Best Business Books for 2014

Friday, November 28, 2014

From hotshot, high-frequency traders to a serial entrepreneur criticizing capitalism, this year's best business reads are all about thinking differently. 

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All Things Considered

OPEC Declines Action As World Oil Prices Hit Record Lows

Thursday, November 27, 2014

OPEC oil producers met Thursday to discuss falling world oil prices — something big producer Saudi Arabia seeks to preserve in order to compete with U.S. oil production. But other OPEC countries want to get prices back up because their governments need the money.

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WTO Members Approve Historic Trade Deal

Thursday, November 27, 2014

The World Trade Organization's 160 members unanimously approved a first-ever multilateral trade deal which the group believes will boost global commerce by $1 trillion annually.

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Marketplace

11/27/2014 Marketplace

Thursday, November 27, 2014

Oil slides ... stores gear up for Black Friday mania ... and two lucky turkeys get off scott free.

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Oil Prices Tumble After OPEC Holds Firm On Output

Thursday, November 27, 2014

Ministers of the Organization of Petroleum Exporting Countries meeting in Austria could not agree to cut production in an effort to stabilize global crude prices.

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Morning Edition

OPEC Ministers To Consider Cuts To Oil Production

Thursday, November 27, 2014

One of the most closely watched OPEC meeting in years takes place in Vienna on Thursday. Oil prices are at a four-year low and a push for a production cut is being stymied by Saudi intransigence.

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Morning Edition

Louisiana Woos Movie Industry With Tax Credits

Thursday, November 27, 2014

Louisiana has been dubbed "Hollywood South" for the high volume of film production there. Producers are lured by generous tax credits — so plentiful, that there's a big market for those tax credits.

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Morning Edition

Business Groups Argue EPA's Plan Will Have Economic Consequences

Thursday, November 27, 2014

Major business groups are reacting skeptically to a proposal from the Environmental Protection Agency to reduce ozone pollution. Since 1980, ozone pollution has fallen by a third.

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Freakonomics Radio

Is America’s Education Problem Really Just a Teacher Problem?

Thursday, November 27, 2014

If U.S. schoolteachers are indeed “just a little bit below average,” it’s not really their fault. So what should be done about it?

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All Things Considered

Jacksonville Split Over Joining A Southern Port Dredging Frenzy

Wednesday, November 26, 2014

Jacksonville, Fla., is racing to find funds to deepen its port. If it can't accommodate newer, bigger cargo ships from Asia, the city says, it will lose out to Savannah, Ga., and Charleston, S.C.

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All Things Considered

Coca-Cola Wades Into Milk Business With 'Fairlife'

Wednesday, November 26, 2014

The milk is now for sale in a limited number of stores — including the Coborn's in Belle Plaine, Minn. Ari Shairo talks with Coborn's dairy manager, Steven Thueringer.

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All Things Considered

Don't Feel Guilty — The Holidays Are A 'Macroeconomic Cheat Day'

Wednesday, November 26, 2014

Researchers have learned the frenzy and excitement of the holiday season makes us all a little crazy. But that might not be a bad thing for our financial lives.

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Why American Honey Importers Are Wary Of 'Turkish' Honey

Wednesday, November 26, 2014

American honey importers say they've noticed an odd surge in cheap honey from Turkey. They think some of that honey really came from China, which is subject to U.S. trade restrictions.

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Marketplace

Pollution, Ferguson and John Deere

Wednesday, November 26, 2014

Pollution is an issue in big cities in the U.S., but how and when do regulators weigh the economic costs of allowing pollution against the environmental benefits of curbing it? And how has the process changed over the years? Plus, Deere & Co. earns two-thirds of its revenue from farm and turf machinery, so when times are tough for farmers, times are also tough for John Deere. The company says it expects sales to fall further, because low prices for commodities like grain are pushing down demand for tractors and other equipment.

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If Supreme Court Strikes Federal Exchange Subsidies, Health Law Could Unravel

Wednesday, November 26, 2014

A decision against subsidies would undermine the government-run insurance marketplaces that are backbone of the Affordable Care Act.

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Hissing And Sighing: The Lament Of Sex Workers In Sierra Leone

Wednesday, November 26, 2014

Ebola has made it harder for the prostitutes who issue a come-hither "hiss" along Lumley Beach. Customers are hard to find, pay is down, and, like everyone, the women are scared of the deadly virus.

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