Economy | WAMU 88.5 - American University Radio


RSS Feed

Where Wages Are Rising (And Falling), In 1 Graph

Overall, wages were stagnant over the past year. But workers in some sectors saw significant gains.
WAMU 88.5

Why It's Tough To Find Home-Buyers For Low-Income Units In D.C.

It can be remarkably tough to fill affordable housing units in Washington D.C., despite an abundance of low-income residents looking for a place to live, thanks in large part to an abundance of red tape.


Russia Heads Toward Recession, With No Relief In Sight

Western sanctions are biting, oil prices are down sharply, and the Russian currency is tanking. The government now expects the economy to shrink in 2015.

Holiday Shoppers Are Filling Their Carts, Online

In-store purchases on Black Friday fell this year, but online sales have seen a big increase. Easy comparison shopping and widespread free shipping have sweetened the deal for many online shoppers.

Silk Road Drug Market Was An Economic Experiment Gone Wrong

The man behind the online drug market Silk Road dreamed of setting up a utopian marketplace. But when his dream was threatened, the FBI says he did some terrible things to try and protect it.

Drop In Oil Prices Is Being Felt By U.S. Drillers, Oil Field Firms

OPEC's decision not cut production is sending ripples throughout the industry as drillers pull back and reassess their plans. The next few months could send some companies under, one consultant says.

Colorado's Pot Industry Looks To Move Past Stereotypes

In the year since Colorado made recreational marijuana legal, pot has become a billion-dollar business in the state. And some growers are on a serious mission to make it legitimate and mainstream.

Black Friday Sales Down At Stores, Surge Online

More shopping on Thanksgiving Day diluted the Black Friday numbers somewhat, according to a ShopperTrak survey. A separate survey by IBM showed a nearly 10 percent increase in online sales.

Millennials Might Be 'Generation Twin.' Is That A Bad Thing?

Between 1981 and 2012, 1 million extra twins were born in the U.S. One economist says all of those twins could be hurting the economy — but another expert points out some perks of twinhood.

Black Friday Crosses The Pond

Black Friday has crossed the Atlantic to the UK. Ari Shapiro talks with Rahul Sharma of Neev Capital about how the shopping event took hold there and how it compares to the states.