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The Takeaway

What to expect when the credit crisis hits Main Street

Wednesday, October 01, 2008

A first try at a bailout has failed in the House and the markets are volatile. It's harder than ever to get a mortgage, to get credit, to get a car loan. We all know where Wall Street is turning for help. But where should Main Street look for advice? The Takeaway turns to Harriet Johnson Brackey, personal finance columnist for the Fort Lauderdale Sun-Sentinel.

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The Takeaway

"Shifting Careers" blogger offers tips for tough economy as job options shrink

Friday, September 19, 2008

In the last two weeks Wall Street has taken a serious beating. Not only is the economy up for grabs, but jobs are too, especially for anyone working in the financial sector. For those who have already gotten their pink slip, or fear it’s en route, The Takeaway offers tips from Marci Alboher, who writes the New York Times' "Shifting Careers" blog. She’s been culling advice for financial professionals who are — or will be — pounding the pavement.

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The Takeaway

The failure of banks on Wall Street reverberates on B-school campuses

Tuesday, September 16, 2008

In the last few days, Wall Street has become ground zero for America's economic woes. As the markets play out worst-case scenarios, how are Wall Street anxieties reverberating on campus on business schools?

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The Takeaway

Labor Department report says unemployment is at a five-year high

Friday, September 05, 2008

Guest: Peter Morici, economist and professor at the University of Maryland School of Business

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The Takeaway

North Dakota Oil Diary: "People around here need to be ready to change"

Tuesday, August 26, 2008

I drove from Minneapolis to Minot, North Dakota, this year as a late spring snowstorm was brewing. Interstate 94, near the state line, closed down and the two lane highways and farm roads snaking westward were covered in hard ice and occasional, demonic flurries of drifting snow. I concocted a route around the storm with some helpful farmers at a gas station. My car limped west then north, west then north, on a maze of empty back roads.

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The Takeaway

Reinventing the workweek as energy prices soar

Friday, August 22, 2008

With energy prices soaring, the economy slumping and global warming fears taking center stage, there is no end of innovative responses to this new world order. But today, hybrid cars, compact fluorescent lights and low-flow shower heads seem old school compared to the latest energy saving trend: the four-day work week.

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The Takeaway

More women are delaying motherhood, Census Bureau reports

Wednesday, August 20, 2008

Guest: Tanya Koropeckyj-Cox, Sociology Professor at the University of Florida in Gainesville. She's been studying women and childlessness for more than a decade.

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The Takeaway

Drought in California: America’s breadbasket is going hungry

Wednesday, August 13, 2008

Agriculture is a $31-billion industry in California — no state is bigger for farming. But with California in a drought, state-enforced water rationing is forcing farmers to abandon fields and lay off workers. The Takeaway talks to the mayor of Mendota, California, where hundreds have been left hungry, and with Sacramento Bee reporter Matt Weiser about the difficult choices the state is facing.

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The Takeaway

Unemployment rate climbs to a four-year high, GM posts $15.5 billion loss

Friday, August 01, 2008

Guest: Matthew Bishop, The Economists' chief business writer

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The Takeaway

McCain and Obama weigh in on affirmative-action measures

Wednesday, July 30, 2008

Controversial affirmative-action ballot initiatives in three states — Nebraska, Colorado and Arizona — are making news for the presidential candidates. Arizona senator and presidential candidate John McCain has said he supports a measure in his state that would ban the use of preferential treatment when it comes to race or gender. He says he's always opposed quotas. Democratic presidential candidate Barack Obama wagged his finger at his rival.

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The Takeaway

Jeff Beresford-Howe: Baseball's trading deadline and the canny genius of Oakland's Billy Beane

Tuesday, July 29, 2008

Five years after it was the feel-good sports-lit hit of the summer of ‘03, Michael Lewis's "Moneyball" is back in the news again. The story goes like this: The plucky, cash-strapped and unconventional Oakland Athletics, using Ivy League-educated statistical geniuses and the intense personality of their high-strung, Ramones-lovin’ general manager, ...

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The Takeaway

Connecticut tries I.D. cards for undocumented workers

Monday, July 28, 2008

This Thursday marks the one-year mark for the controversial business of issuing identification cards to undocumented migrants in New Haven, Connecticut. About 6,500 of the estimated 15,000 migrants now have the card, which provides access to libraries, a bank account and the public beach.

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The Takeaway

Baseball's Hall of Fame snubs Marvin Miller, who transformed the players' union

Monday, July 28, 2008

The Takeaway talks with Marvin Miller, a father of the modern era of baseball. Miller took unorganized and underpaid players and convinced them that they, not the owners, are "the game." Baseball greats Tom Seaver and Joe Morgan have called his exclusion from the owner-driven Hall of Fame a "disgrace."

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The Takeaway

Celebrating the legacy of Sheila Barrett, the first woman to announce at the BBC

Monday, July 28, 2008

Seventy-five years ago, on July 28, 1933, Sheila Barrett became the first woman to make a national broadcast on BBC Radio. The anniversary got us here at the Takeaway thinking, how have American women shaped the tone and distinction of the radio waves?
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The Takeaway

Working women struggle in an unfriendly economy

Tuesday, July 22, 2008

Because of recent economic woes, women in their prime earning years are retreating from the workforce, either permanently or for long stretches. That's according to a congressional study released today. The change erases years of gains for women.

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The Takeaway

Struggling carmaker GM likely to restructure again

Tuesday, July 15, 2008

In Detroit this morning, General Motors Corp.'s Rick Waggoner is expected to announce another company restructuring "to align the business to current market conditions." Those would be the dwindling cash position, lagging truck and SUV sales, the tanking stock price and increased competition from Japanese carmakers.

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The Takeaway

The pawn-shop index, recession-proof stuff and the iPhone 3G

Friday, July 11, 2008

Is there such a thing as recession-proof stuff? If we’re all being tight with our wallets, then why, in this time of economic turmoil, are certain industries thriving? The Takeaway turns to Columbia business professor Cheryl Einhorn then goes to Stockton, Calif., (dubbed “the foreclosure capital” by 60 Minutes), where sometimes a bad turn can mean good business — for pawn shops.

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The Takeaway

The future of journalism: outsourcing to India?

Wednesday, July 09, 2008

The American newspaper business is struggling and few know it better than Miami Herald copy editor Brayden Simms. In a cost-cutting move, his job is one of many expected to be outsourced to India. The Herald isn’t alone. Major papers across the country are dramatically reducing staff, and a few are picking up the slack with help from abroad. Roy Peter Clark, senior scholar at the Poynter Institute, says it's a controversial issue in newsrooms even as industry woes continue.

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The Takeaway

An update on Argentina's farmer protests and concerns of political instability

Friday, July 04, 2008

Farmers in Argentina have been protesting in the streets for months after President Cristina Fernández de Kirchner implemented a soybean export tax increase without congressional consent. The decision has led to plummeting approval ratings, strife within the Argentine government, and civic unrest in a country previously dominated by the Executive. With Argentina's congress close to a vote on the tax hike, The Takeaway talks with Paul Scheltus, a blogger and reporter covering the situation from Buenos Aires.

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The Takeaway

The incredible shrinking job market

Friday, July 04, 2008

Payrolls shrunk for the sixth straight month in June as more than 60 thousand jobs disappeared. The unemployment rate stayed steady in June at 5.5 percent, the highest level in four years. The Takeaway talks to New York Times economic reporter Louis Uchitelle about what we might expect next.

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