Economy & Business

Code Switch
4:59 pm
Thu January 9, 2014

White House Picks Choctaw Nation To Fight Poverty In Oklahoma

Chief Gregory Pyle (left) and Assistant Chief Gary Batton stand in front of the Choctaw Nation of Oklahoma's Capitol building in Tuskahoma, Okla.
Larissa Copeland Courtesy of Choctaw Nation of Oklahoma

Fifty years after President Lyndon Johnson declared his "War on Poverty," President Obama issued his own plan to combat poverty Thursday with the nation's first five "Promise Zones."

All "Promise Zones" will receive a competitive advantage when applying for federal grants, on-site support from federal officials, and, pending congressional approval, tax incentives for businesses hiring and investing in the community.

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Environment
4:52 pm
Thu January 9, 2014

Natural Gas Boom Cuts Into Pennsylvania's State Forests

An oversized truck load slowly moves equipment along an icy mountain road in Pennsylvania's Tiadaghton State Forest.
Marie Cusick WITF

Originally published on Thu January 9, 2014 6:36 pm

On the side of a mountain road in Pennsylvania's Tiadaghton State Forest, I'm trying to avoid a steady stream of heavy truck traffic. Acres of freshly cut tree stumps stretch out in front of me.

Kevin Heatley lives in the area and has come to these woods for years to hike. He's an ecologist by trade and he's concerned about what he's seeing.

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Planet Money
4:22 pm
Thu January 9, 2014

Every Job In America, In 1 Graph

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Originally published on Fri January 10, 2014 9:50 am

Whatever Friday's monthly jobs report says, it won't change the big picture. There are roughly 137 million jobs in this country. About two-thirds of those jobs are in private-sector services; the remaining third are split between goods-producing jobs (mainly manufacturing and construction) and government work (mostly at the state and local level).

Here's a closer look, drawn from the same data that the government collects for the monthly jobs report. (You can see this data, in glorious detail, here.)

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Politics
4:14 pm
Thu January 9, 2014

Jerry Brown Proposes A New Budget For California

Originally published on Thu January 9, 2014 6:36 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Today, California Governor Jerry Brown announced that the state's healthier finances will mean billions of dollars of new spending. The winners in the governor's proposed record budget include schools and welfare. He also wants millions spent on maintaining roads and parks.

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Economy
4:14 pm
Thu January 9, 2014

$50 Billion Worth Of Tax Breaks Expire

Subsidies for wind farms were among the tax breaks that expired on Jan. 1.
Sandy Huffaker AP

Originally published on Thu January 9, 2014 6:36 pm

Transcript

ROBERT SIEGEL, HOST:

At the stroke of midnight on New Year's Eve, a bevy of tax breaks expired in Washington D.C., everything from a tax benefit for people who commute to work using mass transit, to a subsidy for NASCAR racetracks. Some of these are probably less crucial for the national economy, but others are vital to the health of certain industries. At least that's what the businesses that benefit say, as NPR's Chris Arnold has been finding out.

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All Tech Considered
12:58 pm
Thu January 9, 2014

Government Tech Problems: Blame The People Or The Process?

HealthCare.gov's failures are prompting a closer look at the federal government's out-of-date technology.
iStockphoto

Originally published on Thu January 9, 2014 2:37 pm

Thanks to epic problems with HealthCare.gov's rollout, the federal government's out-of-date technology processes have received more attention than most of us could have expected. The main doorway for millions of Americans to get health insurance was unusable for two months, but that screw-up is just one in a long line of government IT failures.

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The Two-Way
12:48 pm
Thu January 9, 2014

Watson, IBM's 'Jeopardy!' Champ, Gets Its Own Business Division

Jeopardy! contestant Ken Jennings, who won a record 74 consecutive games, concedes to supercomputer opponent Watson in February 2011.
Seth Wenig AP

Originally published on Fri January 10, 2014 5:06 am

Ever wonder what happens to all those Jeopardy! champions once they leave the stage? Watson, an IBM supercomputer, got its own business division.

You might recall that Watson, named after longtime CEO Thomas J. Watson, crushed its human opponents on the popular television game show back in February 2011.

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Economy & Business
11:24 am
Thu January 9, 2014

Downtown Milwaukee: Big Equipment Moves into Place to Demolish NML Building

Cranes reach the top of the 'old' 16-story building

Crews will disassemble the tall, brown Northwestern Mutual office building. Afterwards, construction will begin on its 32-story replacement.

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The Two-Way
8:03 am
Thu January 9, 2014

More Slow-But-Steady News: Fewer Jobless Claims Filed

Looking for work in Florida. At a November career fair in West Palm Beach, this man had a job application in hand.
Joe Raedle Getty Images

Originally published on Thu January 9, 2014 11:15 am

There were 330,000 first-time claims filed for unemployment insurance last week, down 15,000 from the week before, the Employment and Training Administration says.

The claims data are the last bits of evidence about how the labor market is doing before Friday's scheduled release of figures on the December unemployment rate and payroll growth.

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Economy
4:09 am
Thu January 9, 2014

Why Boeing Contract Has Implications For The Middle Class

Originally published on Fri January 10, 2014 9:21 am

Transcript

DAVID GREENE, HOST:

Workers at Boeing were in a difficult spot last week. Their employer offered a new contract cutting back retirement and health benefits. It came with what looked like a threat. The company said it might have to move important operations out of Washington State and hire new workers. Union members approved the contract, barely, and Boeing is staying put.

Journalist Hedricks Smith written about the decline of the middle-class. In an op-ed for the Los Angeles Times, he says Boeing just contributed to that.

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