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Economy

WNYC News

Taxpayer Subsidy Allows Time Inc. To Slash Jobs

Friday, March 06, 2015

A $7 million state grant kept the publisher of Time and Sports Illustrated from moving to New Jersey. But Time can still cut nearly a third of its workforce.

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Morning Edition

Boston Economy Will Escape Big Freeze Of Historic Snowstorms

Friday, March 06, 2015

New England businesses are taking stock after weeks of record-setting winter storms disrupted transportation, stopping many workers from doing their jobs. Telecommuting is helping Boston get by.

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Morning Edition

As Economy Improves, Wages Remain Stagnant

Thursday, March 05, 2015

Monthly jobless data is released Friday. David Greene talks to David Wessel, director of the Hutchins Center at the Brookings Institution, and a contributing correspondent to The Wall Street Journal.

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All Things Considered

Northwest Oil Terminal Plan Would Mean Jobs — And More Oil Trains

Wednesday, March 04, 2015

Oil companies hope to build the nation's largest oil-by-rail terminal on the Columbia River in Washington. Proponents say it will bring economic growth, but others fear it could mean fiery accidents.

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Spain's Wine Exports Soar 22 Percent — But Profits Fall

Wednesday, March 04, 2015

Spain's wine industry had a record year in 2014, posting numbers that could propel it past Italy as the world's biggest wine exporter. But most of the wine was sold cheaply, in bulk.

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Morning Edition

States Face Correctional Officer Shortage Amid A Cultural Stigma

Tuesday, March 03, 2015

Administrators are trying new recruiting tactics and offering bonuses to make up for the shortfall. But for now, open shifts in some states have to be covered with mandatory overtime.

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Morning Edition

In Houston, Falling Oil Prices Spark Fears Of Job Cuts Beyond Energy

Tuesday, March 03, 2015

Cheaper gasoline has benefited millions of motorists around the U.S. But in Houston the downturn in prices has brought layoffs and could hurt other sectors, including finance and real estate.

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All Things Considered

Increase In Subprime Car Loans Could Lead To Trouble

Monday, March 02, 2015

When it comes to buying cars, there has been a growth in lending to people with sub-prime credit. Lenders are also extending loan terms. But both could be signs of danger.

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Your Grandparents Spent More Of Their Money On Food Than You Do

Monday, March 02, 2015

Shelling out dough at the grocery store can often feel painful. But Americans on average actually spend far less on food relative to their income than they did 50 years ago.

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Wages And Prices: A Welcome Breakup

Monday, March 02, 2015

A Commerce Department report shows paychecks are fatter, prices are leaner and Americans are saving more. Meanwhile, prices fell by 0.5 percent. That's helping consumers on the rebound from recession.

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Nasdaq Index Hits 5,000 For First Time Since 2000

Monday, March 02, 2015

The NASDAQ composite index returned to territory it hasn't seen since the heyday of the dot-com boom, closing above the 5,000 mark Monday.

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Morning Edition

People With Low Incomes Say They Pay A Price In Poor Health

Monday, March 02, 2015

People with household incomes of less than $25,000 a year say in a new poll that the lack of cash really hurts their health. Low-quality food and dangerous housing are two reasons why.

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Morning Edition

A Nearly Recession-Proof City Is Not Slowing Down

Monday, March 02, 2015

The unemployment rate in Lincoln, Neb., is one of lowest in the U.S., thanks to a well-educated workforce. The focus now is on finding workers and keeping young people from leaving.

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A Glut Of Ph.Ds Means Long Odds Of Getting Jobs

Friday, February 27, 2015

Only 1 in 5 Ph.Ds in science, engineering and health end up with faculty teaching or research positions within five years of completing their degrees. But universities keep churning them out.

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Morning Edition

Using A Can Of Coke To Explain A Currency Lesson

Friday, February 27, 2015

The U.S. economy has been doing well. That's pushed the value of the U.S. dollar up — relative to other currencies. A strong dollar sounds like good news, but there are winners and losers.

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Money Talking

The Economy's Growing, Your Salary Might Be Next

Friday, February 27, 2015

After years of stagnant wage growth, there are signs that maybe, just maybe, workers might start earning a little more money. Is it for real?

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Higher Wages, Lower Prices Give Consumers A Break

Thursday, February 26, 2015

Something very unusual is happening in the U.S. economy. Traditionally, workers lose buying power to rising prices. But lately, paychecks and prices have been heading in opposite directions.

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Workers Sue Daimler Trucks In Oregon, Alleging Racial Discrimination

Wednesday, February 25, 2015

The African-American plaintiffs say they were threatened with violence and harassed by white co-workers at a Daimler Trucks plant in Portland.

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All Things Considered

Yellen Lays Groundwork For Interest Rate Hike In 2015

Tuesday, February 24, 2015

In Washington on Tuesday, Federal Reserve Chair Janet Yellen delivered an upbeat assessment of the U.S. economy to members of the Senate Banking Committee.

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Obama Vetoes Keystone XL Pipeline Bill

Tuesday, February 24, 2015

Senate Majority Leader Mitch McConnell, R-Ky., said the Senate will vote no later than March 3 to override the veto. But Republicans do not appear to have enough votes to override the veto.

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