Economy
Weekend Edition Saturday

Uber Greases The Wheel With Obama's Old Campaign Manager

Uber is hiring David Plouffe, the mastermind of Obama's 2008 campaign, to power its own political strategy. What can a tech-savvy political animal offer a ride-sharing service?

All Things Considered

Argentina Crisis Puts Focus On Role Of Distressed-Debt Funds

Argentina calls them vulture funds, but those hedge funds have a legal right to demand payment. Still, is that moral when a nation is the debtor and its citizens will suffer as a result?

If You're Too Sick To Fly, Airlines Might Not Offer A Refund

Airlines have the right to refuse a passenger suspected of having Ebola. But if you're sick with a contagious disease, what are your rights when it comes to canceling and refunds?

Morning Edition

Big Banks To Boost Entry-Level Salaries

The raises for junior staff is an attempt to keep up-and-coming talent from heading to private equity firms or to Silicon Valley, Bloomberg News reports.

Morning Edition

Job Corps Celebrates 50 Years Helping Low-Income Youths

The federal program has centers across the country that provide education and vocational training. Kelly McEvers talks to Labor Secretary Thomas Perez about how Job Corps serves disadvantaged youths.

Morning Edition

Retailer Gap Plans To Open Stores In India

The company will open its first stores in Mumbai and Delhi. The plan is for 40 franchise locations throughout the country.

Morning Edition

When It Comes To Economic Recovery, Location Is A Factor

Census Bureau data show a wider gap between rich and poor. Kelly McEvers explores this with economist Enrico Moretti of the University of California-Berkeley, author of The New Geography of Jobs.

All Things Considered

Bank Of America Settles With Feds And States For Record Amount

In the latest fallout from misdeeds leading up to the financial crisis, Bank of America has agreed to a record $16.65 billion deal with federal and state governments. The deal helps the bank avoid prosecution for the fraudulent sale of toxic mortgage-backed securities to investors.

All Things Considered

How To Sell Diverse Books: A Bookstore Owner's Advice

It's not news that the publishing world isn't very diverse. But over on the other side of the industry, how do owners of neighborhood bookstores try to sell books for or about people of color?

Morning Edition

Bank Of America Settles Mortgage Case For $16.65 Billion

The bank agreed to pay a record amount to the U.S. government to avoid prosecution for its fraudulent sale of toxic mortgage-backed securities to investors in the lead-up to the financial crisis.

Yellen’s Signals On Interest Rates Still Unclear

August 22, 2014
Federal Reserve Chair Janet Yellen arrives for a dinner during the Jackson Hole Economic Policy Symposium at the Jackson Lake Lodge in Grand Teton National Park near Jackson, Wyo. Thursday, Aug. 21, 2014. (John Locher/AP)

Federal Reserve Chair Janet Yellen spoke in Wyoming, today and offered no clear sign the Fed would raise interest rates this year.

From Steel To Beer: Revitalizing Pennsylvania

August 22, 2014
Ruckus Brewing Company plans to renovate the former Neuweiler Brewery in Allentown, Pa. into a contract brewing facility, brew pub, and commercial office space. (Lindsay Lazarski/WHYY)

People are hoping that one of America’s oldest industries can help revitalize some of the state’s post-industrial downtowns.

How Can Boston Improve Its Food Truck Scene?

August 22, 2014
Roxy's Grilled Cheese was one of the first to the Boston food truck scene. (Bing/Flickr)

James DiSabatino, the “chief cheese griller” at Roxy’s Grilled Cheese, shares his food truck wisdom.

MIT’s David Wilson On His Carbon Tax Proposal

August 19, 2014
An advocacy group in Massachusetts is proposing a revenue-neutral carbon tax that could potentially increase taxes on gas, but at the same time would reduce income and sales taxes. (AP Photo/Elise Amendola)

MIT Professor Emeritus David Wilson is credited with coming up with one of the earliest prototypes for a carbon tax.

Home Construction Jumps, Even As Housing Market Cools

August 19, 2014
A home is seen for sale on February 25, 2014, in Miami, Florida. (Joe Raedle/Getty Images)

Cardiff Garcia of the Financial Times discusses the forces driving the housing ups and downs.

Abandoned Homes In Buffalo, N.Y. Selling For $1

August 19, 2014
Pictured is the home Mike Puma bought for $1 in Buffalo, before repairs began. (Mike Puma)

Instead of tearing the homes down, city officials are selling them for $1, as part of the “Urban Homestead Program.”

Week In Review: Market Basket, Income Inequality, Politics

August 15, 2014
Boston Red Sox greats Roger Clemens, Nomar Garciaparra and Pedro Martinez before throwing out the ceremonial first pitch prior to a baseball game at Fenway Park in Boston, Thursday, Aug. 14, 2014. (AP)

We’ll talk about Market Basket, the mayoral task force on income inequality, the race for U.S. Senate in New Hampshire, and the sales tax holiday.

Panama Canal Turns 100

August 15, 2014
Tourists take pictures of Pedro Miguel Locks during a boat trip through the Panama Canal, on August 12. August 15 marks the 100th anniversary of the Panama Canal, considered to be one of the 20th century's marvels of engineering and through which goes five percent of the maritime world trade.(Rodrigo Arangua/AFP/Getty Images)

As the canal marks its centennial, we discuss its current expansion and potential competition from Nicaragua and Egypt.

What You Need To Know About This Weekend’s Sales Tax Holiday In Mass.

August 15, 2014
Sharon Squillace, center, and Glen Daly, right, both from Boston, wait in line after shopping tax free at IKEA in Stoughton, Mass. in 2007. (Lisa Poole/AP)

While there are some exceptions, most retail items under $2,500 are exempt from the state’s sales tax this weekend.

New Federal Reserve Study Reveals High Poverty Levels In New England’s Suburbs

August 14, 2014
A new study out from the Federal Reserve Bank of Boston reveals stark levels of poverty in New England's suburbs. (Joe Dyndale/Flickr)

We examine the problem of suburban poverty.

Gov. Patrick Refiles Non-Compete, Liquor License Bills

August 14, 2014

Gov. Deval Patrick has re-filed legislation intended to limit the use of so-called “non-compete agreements” in the private sector.

Mass. Jobs Jump In July; Unemployment Rate Ticks Up

August 14, 2014

The Massachusetts economy added 13,800 jobs in July, according to preliminary estimates, while the state unemployment rate ticked up to 5.6 percent.

Stewardship, Or Self-Interest? The Demoulas Family And Its Legacy

August 13, 2014
Paul G. Pustorino: "The Demoulas family has the ability to set an example that transcends their private issues. Their next step may be a defining moment in New England business history." Pictured: Protesters hold signs during a rally at Market Basket in Tewksbury, Mass., Tuesday, Aug. 5, 2014. (Elise Amendola/AP)

The Demoulas family has the ability to set an example that transcends their private issues. Their next step may be a defining moment in New England business history.

Market Basket CEOs Issue Another Ultimatum

August 12, 2014
Protesters hold signs and taunt a car entering the site of a Market Basket Supermarket job fair in Andover, Mass., Wednesday, Aug. 6, 2014. Market Basket employees and their supporters are calling for the reinstatement of their fired CEO, even as the company is in the midst of a three-day job fair to replace employees who have refused to work during a revolt that is costing the supermarket chain millions. (AP)

A new ultimatum gives some Market Basket employees until Friday to return to work or be fired.

Walsh And De Blasio Lead Mayors Combatting Economic Inequality

August 12, 2014
Boston Mayor Walsh speaks as Seattle Mayor Ed Murray and New York Mayor Bill de Blasio join him to speak to the media outside the West Wing of the White House. (Carolyn Kaster/AP)

Boston Mayor Marty Walsh was in New York City Monday for the first meeting of an income inequality task force formed by the U.S. Conference on Mayors.

Credit Scores To Get Boost With New Formula

August 8, 2014
Fair Isaac Corp's new formula could mean higher scores for everyday consumers (meddygarnet/Flickr).

FICO’s new formula could mean higher scores for everyday consumers and lower interest rates for home mortgages or car loans.

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