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No Beer Goggles For Baseball Stadium Brew Prices

Friday, June 01, 2012

The only trend in stadium beer is that prices go up, according to one industry watcher. Analysis by online financial website TheStreet.com found that Marlins Park has the most expensive beer of any baseball stadium. But, ounce for ounce, Miami's not even in the top 10 for expensive beer.

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WNYC News

Help Wanted. But Not For Mid-Level Jobs

Sunday, May 27, 2012

Changes in the job market have meant fewer jobs for those with mid-level skills. Economists call the trend labor "polarization" and say it's forcing those in the middle to take jobs at lower pay.

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WNYC News Blog

Wall Street Titans, Behaving Badly

Wednesday, May 23, 2012

The reputations of JPMorgan Chase, Morgan Stanley and Goldman Sachs have all been taken down a notch or two in recent days and months. If you're keeping up, the latest black eye came in the wake of last week's flubbed Facebook IPO.
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What Facebook May Mean For Your Portfolio, Even If You Didn't Buy It

Friday, May 18, 2012

With an initial market capitalization of more than $100 billion, Facebook could have a distorting effect on some mutual funds, at least in the short term.

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WNYC News

Romney Backs Extension Of Student Loan Relief

Monday, April 23, 2012

Mitt Romney on Monday endorsed the idea of extending a law that curbs interest rates paid by some recipients of federal student loans, a cause that President Obama has made a campaign issue.

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New Consumer Agency Eyes Bank Overdraft Fees

Wednesday, February 22, 2012

The Consumer Financial Protection Bureau estimates that last year, banks made $15 billion to $22 billion from the overdrawn-account fees they charge customers. The agency is seeking data from banks so it can help customers avoid such charges. But any changes could lead banks to raise other fees.

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Treasury To Probe Freddie Mac's Investments

Tuesday, January 31, 2012

Freddie Mac last month said it would stop making risky bets against homeowners after concerns were raised by its regulator, the Federal Housing Finance Agency. The statement by the FHFA was issued in response to an investigation by NPR and ProPublica that disclosed how Freddie Mac bought billions of dollars in securities that turned a profit if homeowners remained stuck in high rate mortgages. The White House said the Treasury Department is looking into Freddie Mac's investments. Steve Inskeep talks with NPR's Chris Arnold and Jesse Eisinger of ProPublica about their report.

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New Jersey News

Employees To Face 'Term Limits' At Casino

Monday, January 30, 2012

A new casino set to open in Atlantic City has announced it will set term limits for its front-line staff. When employees' terms run out, they'll have to go through the hiring process again. The casino says the policy will keep service fresh. Others say the company is taking advantage of a tough job market.

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Freddie Mac Betting Against Struggling Homeowners

Monday, January 30, 2012

Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica.

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WNYC News Blog

Layoffs Hit Wall Street As Financial Needs Change

Friday, January 13, 2012

Big banks announced around 60,000 job cuts in 2011. With businesses and consumers still focused on reducing debt, there isn't the same need for financial services as there was before, says one banking analyst. The outlook in the years ahead is for a smaller, more stable and less profitable industry.
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Why Millions Of Prescriptions Will No Longer Be Filled At Walgreens

Monday, January 09, 2012

Starting this year, many Americans may be surprised to find that their local Walgreens or Duane Reade is no longer in their insurance network. That's because of a dispute between two health care giants. If the back of your insurance card says Express Scripts, you are affected.

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WNYC News

Can We Expect An Organic Milk Shortage In 2012?

Tuesday, January 03, 2012

There's not enough organic milk, especially in states like Florida and Georgia. Inputs — like organic grain and hay for animals — are now dramatically more expensive for farmers. That means organic dairy cows are getting less food and producing less milk.

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WNYC News

Who Benefits When A Private Prison Comes To Town?

Saturday, November 05, 2011

Critics have long questioned the quality of private prisons and the promises of economic benefits where they are built. But proponents say private prisons not only save taxpayers money, but they also generate income for the surrounding community.

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Bank Of America's $5 Per Month Debit Card Fee Is Sign Of The Times

Thursday, September 29, 2011

The fee and other changes are ways for banks to recoup some of the money they won't be able to charge merchants anymore. Experts' advice: Shop around for the best deal on a debit card.

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Economist: U.S. Skating On Thin Ice

Saturday, September 17, 2011

Lakshman Achuthan of the Economic Cycle Research Institute says all of his economic indicators point to more sputtering ahead. "The risk of a new recession is quite high," he says.

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WNYC News

Why Some Men Earn Less Than They Did 40 Years Ago

Saturday, September 17, 2011

Back then, the median male American worker earned just over $49,000 when adjusted for inflation, while in 2010 that worker made about $1,500 less. Back then, blue-collar workers had two things going for them that they no longer have.

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How A Recession Rewires Your Tolerance For Risk

Sunday, August 14, 2011

Financial advisers say people in their twenties should invest heavily in equities since they have the greatest tolerance for risk. But since the stock market crash of 2008, young investors are cashing in. It turns out, the stock market volatility of the past decade might affect how they invest for the rest of their lives.

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