Financial 411: New York Public Radio to Buy Four NJ Stations
New Jersey is out of the radio business, and will no longer manage its own television station.
Jun 06, 2011•5 min•Ep. 635
Financial 411
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 each weekday. This financial wrap delivers highlights of the day's business news delivered by WNYC's reporters with context, clarity and a New York perspective.
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Episodes
Financial 411: Weekly Business Roundup
This week brought a succession of disappointing economic reports, from housing to industrial production, and on Friday - job creation.
Jun 03, 2011•5 min•Ep. 634
Financial 411: New Cases in the Insider Trading Probe
Even if the federal government hasn't criminally charged any of the big banks or their top executives for their role in the 2008 financial meltdown, there is one issue prosecutors have aggressively pursued: insider trading.
Jun 02, 2011•6 min•Ep. 633
Financial 411: SUNY's Impact on New York's Economy
Potential Deal for SUNY Tuition Increase Governor Andrew Cuomo and legislative leaders said they are negotiating what could be a 5-percent increase in tuition for the State University of New York.If the deal is reached in the final 10 days of the legislative session, most of the 64 campuses would see a 5 percent increase as early as the fall semester. At some campuses, like Buffalo and Stony Brook, tuition would rise even more.But even as students and parents face higher costs, Cuomo is touting ...
Jun 01, 2011•5 min•Ep. 632
Financial 411: Case-Shiller Confirms Housing Dip
Housing Continues Its SlumpHome prices have reached their lowest level since the housing bubble burst in 2006.
May 31, 2011•5 min•Ep. 631
Financial 411: Weekly Business Roundup
New York lawmakers have agreed to a cap on local property taxes after Governor Andrew Cuomo reached a deal with the legislature to cap local property taxes at 2 percent, or the rate of inflation — whichever is less. Local tax relief was one of the governor's big campaign pledges. But is this bill the game-changer he promised?
May 27, 2011•5 min•Ep. 630
Financial 411: The Rise of E-Readers
North America's largest book show, BookExpo America, wrapped up Thursday at the Javits Center in Midtown Manhattan, and the makers of several e-readers unveiled their latest tablets:. Barnes & Nobles, which makes the Nook, and Toronto-based Kobo introduced touch screen e-readers.
May 26, 2011•5 min•Ep. 629
Financial 411: Labor Unions Eye a New Target
Labor unions have gone after Wal-mart for years — attacking the world's largest retailer for providing poor wages and benefits and driving small businesses out of business. Now, organized labor has its eye on another big-box retailer: Target. Workers at a Target store in Valley Stream, Long Island, will vote next month on whether to join United Food and Commercial Workers Local 1500.
May 25, 2011•5 min•Ep. 628
Financial 411: Continuing the Conversation about Stress in the Workplace
Last week , our talk about workplace stress with consultant Peter Bregman definitely hit a nerve — and the conversation isn't over.
May 24, 2011•5 min•Ep. 627
Financial 411: Budget Talks Heat Up in NYC
Markets U.S. stocks plunged to monthly lows because of new worries about the growing debt crisis in several European cities. From Spain, where the ruling Socialist party was defeated in weekend elections, to Standard & Poor's warning that it could lower Italy's debt rating, to renewed worries about Greece's ability to pay back more than $150 billion in rescue loans - Wall Street was a little panicked on Monday.
May 23, 2011•5 min•Ep. 626
Financial 411: Weekly Business Roundup
The fight to legalize gay marriage in New York heated up this week.
May 20, 2011•5 min•Ep. 625
Financial 411: Jobs, Jobs, Jobs
The unemployment rate in New York dropped last month, as private employers continue to hire more people. In the city, it's now 8.6 percent.
May 19, 2011•6 min•Ep. 624
Financial 411: Tracking Changes in the Housing Market
What is up with the housing market? On Wednesday, the government said new home construction fell nearly 11 percent in April. But Thursday, we expect the National Association of Realtors to tell us that existing home sales grew last month, albeit modestly.
May 18, 2011•5 min•Ep. 623
Financial 411: Coping With Workplace Stress in a Stressful Economy
Big business is often a major topic on the 411. But the focus on Tuesday is a micro talk about your business, and, more specifically, your workplace.
May 17, 2011•5 min•Ep. 622
Financial 411: IMF Chief Jailed, U.S. Reaches Debt Limit
IMF Head Jailed, Denied BailThe head of the International Monetary Fund, Dominique Strauss-Kahn, remains in police custody, after a criminal court judge in Manhattan denied him bail Monday, citing concerns that he'd flee the country.
May 16, 2011•5 min•Ep. 621
Financial 411: Nassau County Mulls Sports Arena, Casino
Rajaratnum Convicted on Federal Fraud ChargesA Manhattan jury has convicted former hedge fund manager Raj Rajaratnam on 14 federal fraud and conspiracy charges. Authorities said the insider trading case against him is the biggest ever involving a hedge fund.
May 11, 2011•5 min•Ep. 619
Financial 411: A Look at Credit Card Rules, Two Years Later
Microsoft to Buy Skype for $8.5 BillionMicrosoft said it will buy Skype, the Internet telephone service, for $8.5 billion. The tech company said communications are the backbone of the company, and that Skype's services will be combined with existing Microsoft products. The deal would be the largest in Microsoft's 36-year history. "Skype has developed multiple revenue streams, and overall revenue has grown 20 percent year over year, and I think represents a very significant go-forward opportunity...
May 10, 2011•5 min•Ep. 618
Financial 411: U.S., China Talk Economics
Oil Prices Rising, AgainOil prices rose sharply Monday, reversing much of last week's big drop. A barrel of oil rose more than $5 and is back over $100. Analysts suggest there hasn't been any particular change in the oil markets and that these wild swings could be the result of speculators. Whatever the cause, gas prices are still hovering just below $4 a gallon according to the Energy Department.
May 09, 2011•6 min•Ep. 617
Financial 411: Weekly Business Roundup
Unemployment Back at 9%, Despite High Job NumbersEmployers added more than 200,000 jobs in April for the third straight month. But the unemployment rate still rose to nine percent. That's in part because some people jumped back into the job market actively looking for work, so they're now counted as unemployed. Private-sector employers created nearly 270,000 jobs last month. That's the most since February 2006.
May 06, 2011•5 min•Ep. 616
Financial 411: The 'Flash Crash,' a Year Later
Crude Oil Prices Fall What goes up, also comes down. Crude oil, which has been trading sharply higher this year, plunged nearly nine percent on Thursday. That's the sharpest one-day drop in more than two years.The price of a barrel dipped below $100, as economists voiced concerns about the direction of the U.S. economy. New jobless filings were up last week. Other commodities that have dipped in recent days are silver and gold.
May 05, 2011•5 min•Ep. 615
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