Economy | WAMU 88.5 - American University Radio

Economy

RSS Feed
NPR

Oil Lobby Pumps Up To Impress Super Committee

The super committee in Congress is racing to find places to cut more than a trillion dollars out of the nation's deficit by Thanksgiving. The oil industry fears that ending its tax breaks may be one way the super committee will decide to raise revenue. That's spurred Big Oil's lobbying machine to work overtime.
NPR

'Farmville' Makers Putting Stock In Virtual Goods

Zynga is a company that makes money by selling nothing. Or, to be precise, by selling imaginary things — like tractors that plow farms on Facebook. Zynga is America's first "virtual goods" company to file for an initial public offering, but how real is the company's value?
NPR

A Look At The Reported Growth In Wall Street Profits

Guy Raz talks to Zachary Goldfarb, reporter for the Washington Post, about the growth in Wall Street profits since the financial crisis. According to Goldfarb, Wall Street has made more money during the Obama administration's first term than in the entirety of the Bush administration. Goldfarb says these profits were the direct result of government policies — across two administrations — in response to the financial crisis.
NPR

Report: Wealth Gap Widens Between Old And Young

A new Pew report finds a widening age gap in economic well-being. Older adults are significantly better off than a quarter century ago, while the median net worth of households headed by younger adults has fallen dramatically.
NPR

Why Is Food Stamp Usage Rising So Fast?

Robert Siegel speaks with John Davis, the director of the Supplemental Nutrition Assistance Program, or SNAP, in Mississippi. He talks about the numbers and nature of recipients in his state. While the program is targeted at people who need help for a limited time period while they transition from unemployment back to employment, many people are using it indefinitely.
NPR

Some Local Businesses Hurting Without NBA Assist

The NBA's ongoing lockout affects the hometown cities in different ways. While most large cities with a professional basketball team can attract fans with other professional sports, in places like Oklahoma City, businesses suffer as a result. Economists estimate each lost game is a million-dollar hit to the city's economy.
NPR

In Spain, Low Wages Become Increasingly Common

More than 1 in 5 people lives below the poverty line in Spain, which has the highest rate of unemployment in the eurozone — more than 21 percent. And an increasing number of Spaniards are making ends meet with low pay and no benefits.

Pages