Economy http://www.npr.org/templates/story/story.php?storyId=1017&ft=1&f=1017 NPR news on the U.S. and world economy, the World Bank, and Federal Reserve. Commentary on economic trends. Subscribe to NPR Economy podcasts and RSS feeds. en Copyright 2013 NPR - For Personal Use Only NPR API RSS Generator 0.94 Tue, 21 May 2013 05:52:00 -0400 http://media.npr.org/images/podcasts/thumbnail/npr_generic_image_75.jpg Economy http://www.npr.org/templates/story/story.php?storyId=1017&ft=1&f=1017 yes Young People Cast Out Of Italy's Welfare System In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation. Tue, 21 May 2013 05:52:00 -0400 http://www.npr.org/2013/05/21/185686033/young-people-cast-out-of-italys-welfare-system?ft=1&f=1017 http://www.npr.org/2013/05/21/185686033/young-people-cast-out-of-italys-welfare-system?ft=1&f=1017 In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation. no In Italy, the youth jobless rate is nudging 40 percent, a record high in post-war history. Demographer Stefano Rosina says the Italian welfare system has always been skewed toward the middle-aged and elderly, leaving Italian youths with no political or trade union representation.

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]]> Poverty, Still Coming To A Suburb Near You When you think about poverty, you might picture dilapidated urban neighborhoods or rural areas. But a new book says the rate of poverty in the suburbs has grown by 64 percent in the past decade, and doesn't show signs of stopping. Host Michel Martin speaks with Elizabeth Kneebone, author of <em>Confronting Suburban Poverty</em>. Mon, 20 May 2013 12:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=185534664&ft=1&f=1017 http://www.npr.org/templates/story/story.php?storyId=185534664&ft=1&f=1017 When you think about poverty, you might picture dilapidated urban neighborhoods or rural areas. But a new book says the rate of poverty in the suburbs has grown by 64 percent in the past decade, and doesn't show signs of stopping. Host Michel Martin speaks with Elizabeth Kneebone, author of <em>Confronting Suburban Poverty</em>. 519 no When you think about poverty, you might picture dilapidated urban neighborhoods or rural areas. But a new book says the rate of poverty in the suburbs has grown by 64 percent in the past decade, and doesn't show signs of stopping. Host Michel Martin speaks with Elizabeth Kneebone, author of Confronting Suburban Poverty.

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]]> Asian-Americans: Smart, High-Incomes And ... Poor? Asian-Americans have the highest income and education levels of any racial group in the country. So it might be surprising that they have a higher poverty rate than non-Hispanic whites. Michel Martin discusses the issue with Algernon Austin of the Economic Policy Institute and Rosalind Chou, co-author of <em>The Myth of the Model Minority</em>. Mon, 20 May 2013 12:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=185534666&ft=1&f=1017 http://www.npr.org/templates/story/story.php?storyId=185534666&ft=1&f=1017 Asian-Americans have the highest income and education levels of any racial group in the country. So it might be surprising that they have a higher poverty rate than non-Hispanic whites. Michel Martin discusses the issue with Algernon Austin of the Economic Policy Institute and Rosalind Chou, co-author of <em>The Myth of the Model Minority</em>. 507 no Asian-Americans have the highest income and education levels of any racial group in the country. So it might be surprising that they have a higher poverty rate than non-Hispanic whites. Michel Martin discusses the issue with Algernon Austin of the Economic Policy Institute and Rosalind Chou, co-author of The Myth of the Model Minority.

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]]> Pledging Not To 'Screw It Up,' Yahoo Seals Deal For Tumblr Yahoo will pay about $1.1 billion for the six-year-old blogging site. Tumblr's leadership won't change and Yahoo promises it will be independently operated. Mon, 20 May 2013 08:30:00 -0400 http://www.npr.org/blogs/thetwo-way/2013/05/20/185490104/pledging-not-to-screw-it-up-yahoo-seals-deal-for-tumblr?ft=1&f=1017 http://www.npr.org/blogs/thetwo-way/2013/05/20/185490104/pledging-not-to-screw-it-up-yahoo-seals-deal-for-tumblr?ft=1&f=1017 Yahoo will pay about $1.1 billion for the six-year-old blogging site. Tumblr's leadership won't change and Yahoo promises it will be independently operated. no Yahoo will pay about $1.1 billion for the six-year-old blogging site. Tumblr's leadership won't change and Yahoo promises it will be independently operated.

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]]> Advocates Struggle To Reach Growing Ranks Of Suburban Poor The number of poor people living in America's suburbs now surpasses those in cities or rural areas. Long focused on the urban poor, social service agencies are now trying to respond to the basic needs of a much more far-flung population. Mon, 20 May 2013 03:07:00 -0400 http://www.npr.org/2013/05/20/184771918/advocates-struggle-to-reach-growing-ranks-of-suburban-poor?ft=1&f=1017 http://www.npr.org/2013/05/20/184771918/advocates-struggle-to-reach-growing-ranks-of-suburban-poor?ft=1&f=1017 The number of poor people living in America's suburbs now surpasses those in cities or rural areas. Long focused on the urban poor, social service agencies are now trying to respond to the basic needs of a much more far-flung population. 443 no The number of poor people living in America's suburbs now surpasses those in cities or rural areas. Long focused on the urban poor, social service agencies are now trying to respond to the basic needs of a much more far-flung population.

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]]> Boom Or Bust? Saving Rhode Island's 'Superman' Building The iconic Industrial Trust Tower in downtown Providence is empty for the first time in 85 years. Developers want to turn it into luxury apartments — and want the state and city to pay for it. But Providence — like the rest of Rhode Island — faces its own economic problems, as well as a recent failed investment. Sun, 19 May 2013 16:56:00 -0400 http://www.npr.org/2013/05/19/185340376/boom-or-bust-saving-rhode-islands-superman-building?ft=1&f=1017 http://www.npr.org/2013/05/19/185340376/boom-or-bust-saving-rhode-islands-superman-building?ft=1&f=1017 The iconic Industrial Trust Tower in downtown Providence is empty for the first time in 85 years. Developers want to turn it into luxury apartments — and want the state and city to pay for it. But Providence — like the rest of Rhode Island — faces its own economic problems, as well as a recent failed investment. 690 no The iconic Industrial Trust Tower in downtown Providence is empty for the first time in 85 years. Developers want to turn it into luxury apartments — and want the state and city to pay for it. But Providence — like the rest of Rhode Island — faces its own economic problems, as well as a recent failed investment.

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]]> Stories Of Hope Amid America's 'Unwinding' When the factory she worked at closed down, Tammy Thomas reinvented herself as a community organizer; and when Dean Price's truck stop business went belly up, he became a champion of biofuel. In a new book, George Packer examines how ordinary people are adapting to a new America. Sun, 19 May 2013 05:41:00 -0400 http://www.npr.org/2013/05/19/184480850/stories-of-hope-amid-americas-unwinding?ft=1&f=1017 http://www.npr.org/2013/05/19/184480850/stories-of-hope-amid-americas-unwinding?ft=1&f=1017 When the factory she worked at closed down, Tammy Thomas reinvented herself as a community organizer; and when Dean Price's truck stop business went belly up, he became a champion of biofuel. In a new book, George Packer examines how ordinary people are adapting to a new America. 509 no When the factory she worked at closed down, Tammy Thomas reinvented herself as a community organizer; and when Dean Price's truck stop business went belly up, he became a champion of biofuel. In a new book, George Packer examines how ordinary people are adapting to a new America.

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]]> Internships: Low-Paid, Unpaid Or Just Plain Illegal? Fed up with working for free, some interns are suing their employers. Last week, a judge ruled that interns could not sue the Hearst Corp. as a class action, which could be a legal setback for young workers tired of exploitative unpaid internships. Sat, 18 May 2013 16:41:08 -0400 http://www.npr.org/2013/05/18/185028904/internships-low-paid-unpaid-or-just-plain-illegal?ft=1&f=1017 http://www.npr.org/2013/05/18/185028904/internships-low-paid-unpaid-or-just-plain-illegal?ft=1&f=1017 Fed up with working for free, some interns are suing their employers. Last week, a judge ruled that interns could not sue the Hearst Corp. as a class action, which could be a legal setback for young workers tired of exploitative unpaid internships. 245 no Fed up with working for free, some interns are suing their employers. Last week, a judge ruled that interns could not sue the Hearst Corp. as a class action, which could be a legal setback for young workers tired of exploitative unpaid internships.

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]]> Desktop Diaries: Daniel Kahneman Nobel Prize-winning psychologist Daniel Kahneman is the latest subject in our <em>Desktop Diaries</em> series, although he has no desk. Kahneman, professor emeritus at Princeton University, won the Nobel Prize in economic sciences in 2002 for his research with the late Amos Tversky on our sometimes irrational intuitions and how they affect decision-making. Fri, 17 May 2013 13:00:00 -0400 http://www.npr.org/2013/05/17/184775922/desktop-diaries-daniel-kahneman?ft=1&f=1017 http://www.npr.org/2013/05/17/184775922/desktop-diaries-daniel-kahneman?ft=1&f=1017 Nobel Prize-winning psychologist Daniel Kahneman is the latest subject in our <em>Desktop Diaries</em> series, although he has no desk. Kahneman, professor emeritus at Princeton University, won the Nobel Prize in economic sciences in 2002 for his research with the late Amos Tversky on our sometimes irrational intuitions and how they affect decision-making. 424 no Nobel Prize-winning psychologist Daniel Kahneman is the latest subject in our Desktop Diaries series, although he has no desk. Kahneman, professor emeritus at Princeton University, won the Nobel Prize in economic sciences in 2002 for his research with the late Amos Tversky on our sometimes irrational intuitions and how they affect decision-making.

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]]> How Best To Encourage Black 'Teenpreneurs' African-American entrepreneurs from all over the country have gathered in Ohio this week. Guest host Celeste Headlee speaks with Mike Green of the America21 Project about how to help black youth become more competitive in business. We also hear from teen entrepreneur Amber Liggett who started her own business, 'Amber's Amazing Animal Balloons.' Fri, 17 May 2013 12:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=184775456&ft=1&f=1017 http://www.npr.org/templates/story/story.php?storyId=184775456&ft=1&f=1017 African-American entrepreneurs from all over the country have gathered in Ohio this week. Guest host Celeste Headlee speaks with Mike Green of the America21 Project about how to help black youth become more competitive in business. We also hear from teen entrepreneur Amber Liggett who started her own business, 'Amber's Amazing Animal Balloons.' 422 no African-American entrepreneurs from all over the country have gathered in Ohio this week. Guest host Celeste Headlee speaks with Mike Green of the America21 Project about how to help black youth become more competitive in business. We also hear from teen entrepreneur Amber Liggett who started her own business, 'Amber's Amazing Animal Balloons.'

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]]> Millennials Choosing Buses And Bikes Over Buicks Millennials are now driving less, waiting longer to get licensed, and turning more to public transportation and car-sharing. So is America's so-called driving boom over? Guest host Celeste Headlee asks Paul Eisenstein of TheDetroitBureau.com. Fri, 17 May 2013 12:00:00 -0400 http://www.npr.org/templates/story/story.php?storyId=184775458&ft=1&f=1017 http://www.npr.org/templates/story/story.php?storyId=184775458&ft=1&f=1017 Millennials are now driving less, waiting longer to get licensed, and turning more to public transportation and car-sharing. So is America's so-called driving boom over? Guest host Celeste Headlee asks Paul Eisenstein of TheDetroitBureau.com. 391 no Millennials are now driving less, waiting longer to get licensed, and turning more to public transportation and car-sharing. So is America's so-called driving boom over? Guest host Celeste Headlee asks Paul Eisenstein of TheDetroitBureau.com.

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]]> Budget Woes Mean Big Delays For Small Claims Courts With budgets tight, the court in San Joaquin County, Calif., stopped hearing all small claims cases in September. More than 800 people have since filed claims with no hearing dates in sight. Many other counties nationwide are experiencing similar delays for civil cases as they grapple with spending cuts. Wed, 15 May 2013 03:30:00 -0400 http://www.npr.org/2013/05/17/182640434/budget-woes-mean-big-delays-for-small-claims-courts?ft=1&f=1017 http://www.npr.org/2013/05/17/182640434/budget-woes-mean-big-delays-for-small-claims-courts?ft=1&f=1017 With budgets tight, the court in San Joaquin County, Calif., stopped hearing all small claims cases in September. More than 800 people have since filed claims with no hearing dates in sight. Many other counties nationwide are experiencing similar delays for civil cases as they grapple with spending cuts. 218 no With budgets tight, the court in San Joaquin County, Calif., stopped hearing all small claims cases in September. More than 800 people have since filed claims with no hearing dates in sight. Many other counties nationwide are experiencing similar delays for civil cases as they grapple with spending cuts.

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]]> U.S. Airlines Forecast A Sunnier Summer The number of passengers planning to fly this summer will rise 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday. After years of instability, airlines welcome an easing in jet fuel prices. Even customers' complaints are quieting down. Thu, 16 May 2013 15:09:00 -0400 http://www.npr.org/blogs/thetwo-way/2013/05/16/184530609/u-s-airlines-forecast-a-sunnier-summer?ft=1&f=1017 http://www.npr.org/blogs/thetwo-way/2013/05/16/184530609/u-s-airlines-forecast-a-sunnier-summer?ft=1&f=1017 The number of passengers planning to fly this summer will rise 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday. After years of instability, airlines welcome an easing in jet fuel prices. Even customers' complaints are quieting down. no The number of passengers planning to fly this summer will rise 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday. After years of instability, airlines welcome an easing in jet fuel prices. Even customers' complaints are quieting down.

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]]> Will Strong Summer Travel Be A Turning Point For Airlines? As the summer travel season approaches, air travel provides a barometer for the health of the U.S. economy — and airlines report they're having a good year. After years of financial troubles, industry representatives hope U.S. travelers are more willing to fly. NPR senior business editor Marilyn Geewax explains what summer travel tells us about the health of the economy. Thu, 16 May 2013 13:00:00 -0400 http://www.npr.org/2013/05/16/184524662/will-strong-summer-travel-be-a-turning-point-for-airlines?ft=1&f=1017 http://www.npr.org/2013/05/16/184524662/will-strong-summer-travel-be-a-turning-point-for-airlines?ft=1&f=1017 As the summer travel season approaches, air travel provides a barometer for the health of the U.S. economy — and airlines report they're having a good year. After years of financial troubles, industry representatives hope U.S. travelers are more willing to fly. NPR senior business editor Marilyn Geewax explains what summer travel tells us about the health of the economy. 1016 no As the summer travel season approaches, air travel provides a barometer for the health of the U.S. economy — and airlines report they're having a good year. After years of financial troubles, industry representatives hope U.S. travelers are more willing to fly. NPR senior business editor Marilyn Geewax explains what summer travel tells us about the health of the economy.

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]]> The Tricky Business Of Retirement: Hidden 401(K) Fees You could end up with a lot less savings at 65 than you ever anticipated because of fees charged by the financial institutions managing your retirement accounts. Robert Hiltonsmith, who researches retirement security, says those fees were disclosed to 401(k) plan participants until only recently. Thu, 16 May 2013 14:04:10 -0400 http://www.npr.org/2013/05/16/184221956/the-tricky-business-of-retirement-hidden-401-k-fees?ft=1&f=1017 http://www.npr.org/2013/05/16/184221956/the-tricky-business-of-retirement-hidden-401-k-fees?ft=1&f=1017 You could end up with a lot less savings at 65 than you ever anticipated because of fees charged by the financial institutions managing your retirement accounts. Robert Hiltonsmith, who researches retirement security, says those fees were disclosed to 401(k) plan participants until only recently. 1780 no You could end up with a lot less savings at 65 than you ever anticipated because of fees charged by the financial institutions managing your retirement accounts. Robert Hiltonsmith, who researches retirement security, says those fees were disclosed to 401(k) plan participants until only recently.

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