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Wednesday, October 31, 2012

Success Factors: Rich, Poor And Everybody Else

At The Economy's Bottom Rungs, Striving To Climb Up

Johnita Ellerby, a single mother of four, is studying social work while working full time.

October 31, 2012 In the last of a three-part series, All Things Considered talks with several North Carolinians who are living in poverty, but aspire to the middle class. Hard work is key to a better life, they say — but it's not easy to keep moving up the ladder.

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Planet Money

America's Most Expensive Storms

A firefighter surveys the smoldering ruins of a house in the Breezy Point section of New York.

October 31, 2012 Six of the 10 most expensive storms since 1900 have hit since 2000. But after you adjust for increases in population and wealth, the picture looks different.

Summary

Tuesday, October 30, 2012

The Two-Way

Keeping Sandy's Economic Impact In Perspective

A truck drives through a flooded street caused by Hurricane Sandy in New York City's Financial District on Tuesday.

October 30, 2012 As the massive cleanup begins, business owners, workers and investors are wondering what impact the megastorm ultimately will have on their wallets. Did Sandy weigh down economic activity enough to drown the recovery? Or will the rebuilding efforts boost growth over the longer term?

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Success Factors: Rich, Poor And Everybody Else

Paid In America: The Road To The Middle

Sarah Bidgood is managing editor of the Journal of the American Society of Echocardiography. She says her parents helped her start adult life with no debt, giving her a leg up.

October 30, 2012 In the second of a three-part series, All Things Considered asks several Americans with incomes solidly in the mid-five figures why they feel they've landed on the middle of the nation's economic ladder.

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Superstorm Sandy: Before, During And Beyond

New York Stock Exchange To Reopen Wednesday

The floor of the New York Stock Exchange was empty of traders Monday, as New York's financial district braced for the onslaught of Hurricane Sandy.

October 30, 2012 The New York Stock Exchange will reopen for regular trading after being shut down for two days because of Hurricane Sandy. The exchange said its building and trading floor are fully operational. It was the first time since 1888 that the NYSE remained closed for two consecutive days due to weather.

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Monday, October 29, 2012

The Two-Way

Hurricane Sandy's Economic Impact Likely To Be Immense

Waves crash over a road as Hurricane Sandy comes up the coast Monday in Winthrop, Mass. Economists are predicting the storm will cost tens of billions of dollars.

October 29, 2012 Economists will need many days — maybe weeks or months — to assess the financial harm being done by Hurricane Sandy. But whatever the final figure, it will be huge — well into the tens of billions of dollars — after everything from property damage to lost sales is tallied up.

Summary

Planet Money

Why Economists Love Price Gouging, And Why It's So Rare

Market failure.

October 29, 2012 Like millions of other people, I stocked up on canned food this weekend. Why didn't grocery stores raise prices to take advantage of the pre-hurricane rush?

Summary

Success Factors: Rich, Poor And Everybody Else

Want To Be Rich? Be Lucky, Know The Right People

Michael and Amy Tiemann estimate their personal wealth at about $25 million — and say luck played no small part in their financial success.

October 29, 2012 Class, wealth and personal responsibility have dominated much of the national conversation throughout the presidential election. In the first of a three-part series, All Things Considered asks several wealthy Americans with very different perspectives how they account for their own economic prosperity.

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Election 2012

After Election, Winner Will Face Economic Hurdles

Republican presidential nominee Mitt Romney and President Obama debate on Oct. 22 at Lynn University in Boca Raton, Fla.

October 29, 2012 Although the situation has improved since four years ago, the man in the Oval Office next year will still have to deal with a sluggish U.S. economy as well as confronting some urgent policy decisions.

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Saturday, October 27, 2012

Bust To Boom: Why Housing Matters, Economically

A construction worker finishes a roof in Chicago on Oct. 12. Signs of recovery in the housing market are springing up nationwide, but there's still a ways to go.

October 27, 2012 The presidential candidates won't let up on their economic talk, but job creation has stolen housing's thunder. Energizing the housing market could drive economic recovery, but a number of economic and political potholes lie ahead.

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Friday, October 26, 2012

It's All Politics

Why The Economy Won't Help Obama — Or Romney

October 26, 2012 The economy is growing and consumer confidence is rising. But the data are too mixed to point to a robust economy. And it may be too late anyway to change voters' impressions.

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It's All Politics

Economists: Romney's 12 Million Jobs Target Realistic, Even If He Loses

Alan Shull attends a job fair in Portland, Ore., on April 24.

October 26, 2012 Mitt Romney's pledge to add 12 million jobs to the economy over four years may sound like a very big number, especially coming out of a deep recession followed by three years of lackluster job growth. But some economists say it's realistic, and even if President Obama wins re-election.

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The Two-Way

Economic Growth Picked Up Slightly In Third Quarter

A GM assembly line in Lansing, Mich.

October 26, 2012 The news is sure to be a hot topic on the campaign trail as President Obama and Republican challenger Mitt Romney push to the Nov. 6 election.

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