Fewer than 20 percent of Americans now say they're interested in buying stocks. That's according to a survey conducted by the site Bankrate.com. Guest host Celeste Headlee talks to Roben Farzad, contributor for Bloomberg BusinessWeek about what this could mean for the market's future.
Many of the nation's historically black colleges and universities are facing financial problems, and some have had to shut down altogether. Guest host Celeste Headlee discusses the issue with Dillard University President Walter Kimbrough and Professor Marybeth Gasman of the University of Pennsylvania Graduate School of Education.
Low interest rates have sparked a record wave of mortgage activity, and the need for more people to process the paperwork. Mortgage employment rose by 9 percent this year, to its highest level since the financial crisis in 2008.
In the coming year, the USDA predicts that American corn exports will be at a 40-year low. That's because the U.S. drought has led to a corn shortage and high domestic corn prices. To adapt, grain exporters have had to change their business models.
The fiscal cliff has economists and politicians in a tailspin. The term is used to describe what will happen if Congress fails to come to an agreement on budget cuts or tax increases by the end of the year. Some say the term is inaccurate, and somewhat alarmist. Linda Wertheimer talks to linguist and Boston Globe language columnist Ben Zimmer about the origin of the term fiscal cliff.
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