Economy & Business

Economy & Business
12:36 pm
Fri July 25, 2014

How Low-Income Parents' Decisions Influence their Children's Future

Children of different backgrounds and situations have different futures ahead. A major factor in their futures are found in their parents' decisions.
Credit Gustavo Verissimo, flickr

    

We all know that children who grow up in disadvantaged homes face unique challenges to their well-being and their chances for success later in life. But growing up in low-income circumstances isn’t a blanket predictor of a child’s future; some may do well, some may struggle.

But are there factors that could predict a child’s future situation? Do children of a particular demographic fare better than those of another in the long run? How much depends on a child’s ability to grow and make his own future, and how much is out of his control?

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Planet Money
10:00 am
Fri July 25, 2014

When Do Chefs And Doctors Buy Generic?

Maggie Starbard NPR

Originally published on Fri July 25, 2014 11:41 am

Pharmacists and doctors are more likely than the general public to buy generic medicine, as we reported last year. And chefs are more likely than the general public to buy generic food.

The economists who figured this stuff out recently published a new update (PDF) to their research, which caught our eye.

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Sports
6:13 am
Fri July 25, 2014

At Jaguars' New Stadium, Come For The Football Or The Swimming

Business
6:09 am
Fri July 25, 2014

All Of The Major U.S. Airlines Report Strong 2nd-Quarter Earnings

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Planet Money
6:09 am
Fri July 25, 2014

Self-Published Authors Make A Living — And Sometimes A Fortune

The cover of Michael Bunker's self published book Pennsylvania Omnibus.
Michael Bunker

Originally published on Fri July 25, 2014 12:32 pm

Five years ago, printing your own book was stigmatized and was seen as a mark of failure.

"But now," says Dana Beth Weinberg, a sociologist at Queens College who is studying the industry, "the self-published authors walk into the room, and they say, oh, well, 'I made a quarter million dollars last year, or $100,000, or made $10,000.' And it is still more than what some of these authors are making with their very prestigious contracts."

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Business
6:09 am
Fri July 25, 2014

PETA Offers To Pay Detroit Residents' Water Bills If They Go Vegan

Originally published on Fri July 25, 2014 7:14 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
5:53 am
Fri July 25, 2014

Amazon Reports $126 Million Quarterly Loss

Originally published on Fri July 25, 2014 7:11 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

The Salt
4:30 pm
Thu July 24, 2014

The Weird, Underappreciated World Of Plastic Packaging

Food companies spend a lot of time and resources coming up with the perfect plastic packaging to keep their products fresh.
iStockphoto

Originally published on Thu July 24, 2014 5:39 pm

Like it or not, plastic packaging has become an ingrained part of the food system.

While it's clearly wasteful to buy salad, sandwiches and chips encased in plastic and then promptly throw that plastic away, we take for granted how it keeps so much of what we eat fresh and portable.

And behind many of those packages that allow us to eat on the go or savor perishable cookies or fish imported from the other side of the globe is a whole lot of science and innovation.

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Deceptive Cadence
3:25 pm
Thu July 24, 2014

Labor Conflict May Lock Out Met Opera Workers

Metropolitan Opera General Manager Peter Gelb has warned union workers of a lockout if a contract deal isn't settled by July 31.
Astrid Stawiarz Getty Images

Originally published on Thu July 24, 2014 5:22 pm

The clock is ticking for the Metropolitan Opera in New York. The world's largest opera company may be headed for a shutdown. Most of the union contracts for the Met expire in a week. Yesterday, Met General Manager Peter Gelb sent a letter to the unions, warning them to prepare for a lockout if they don't come to terms.

For months now, the company and its unions have been at an impasse. Management has proposed cutting 16 percent of union members' compensation. Otherwise, Gelb contends, the company could go bankrupt in two to three years.

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Business
2:33 pm
Thu July 24, 2014

4 Theories About Why Wal-Mart Changed Its U.S. Chief

Bill Simon, head of Wal-Mart's U.S. division, is leaving the retail giant after being passed over for the company's top post.
Rick Wilking Reuters/Landov

Originally published on Thu July 24, 2014 3:23 pm

Bill Simon, head of Wal-Mart's U.S. division, is leaving the retail giant, the company said Thursday.

Any major shake-up at Wal-Mart is closely watched because the company is so important — it tops the Fortune 500 list with annual sales approaching a half-trillion dollars. So lots of people are speculating about what Simon's departure really means. Here are some theories:

The Simplest Explanation

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