Economy & Business

Research News
5:36 am
Mon January 6, 2014

'Save To Win' Makes Saving As Much Fun As Gambling

Originally published on Mon January 6, 2014 7:03 am

Transcript

DAVID GREENE, HOST:

As far as New Year's resolutions go, saving more money is often a popular one. Actually being able to do that - well, we know how that story usually ends. But researchers may have come up with a winning method. NPR's social science correspondent Shankar Vedantam, we are all ears.

SHANKAR VEDANTAM, BYLINE: Carolann Broekhuizen is a retired life insurance claims examiner. She lives in Waterford, Michigan. Whenever she has a little extra money, there are some things she likes to do.

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Economy
5:26 am
Mon January 6, 2014

Tough To Make Ends Meet Even With Unemployment Benefits

Originally published on Mon January 6, 2014 7:03 am

Congress returns to Washington this week, and Senate Majority Leader Harry Reid has pledged the first item on the agenda will be restoring long-term unemployment benefits. Those benefits expired last week, and an estimated 1.3 million people stopped receiving checks.

NPR Story
4:10 am
Mon January 6, 2014

Australian Olympic Athletes Face Social Media Ban

Originally published on Mon January 6, 2014 7:03 am

Transcript

DAVID GREENE, HOST:

OK. Our last word in business is: ski tweeting. Is that really a thing?

Well, the Australian Olympic Committee has placed a social media ban on its athletes at the Sochi Winter Games coming up in Russia. Tweeting, Facebooking and Snap-chatting join partying as officially forbidden activities.

Winter athletes can thank their summer colleagues for the new social media ban. The country's Olympic committee came up with the rule after a disappointing showing by the Australian swim team during the London Summer Games.

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NPR Story
4:10 am
Mon January 6, 2014

Financial Benefits Of A College Degree Accumulate

Originally published on Mon January 6, 2014 7:03 am

Transcript

DAVID GREENE, HOST:

We've known for some time, that having more education usually leads to higher pay. Well, now a study suggests that the advantage persists even into retirement years, in part because those with more education tend to stay in the workforce longer.

NPR's Ina Jaffe covers aging and she has this story.

INA JAFFE, BYLINE: For people in their late 60's or 70's or beyond, college might seem like a long time ago. But the impact persists, says study co-author Heidi Hartmann.

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Sports
4:25 pm
Sun January 5, 2014

Costs Climb As Sochi Winter Olympics Approaches

Originally published on Sun January 5, 2014 5:55 pm

Transcript

ARUN RATH, HOST:

It's ALL THINGS CONSIDERED from NPR West. I'm Arun Rath.

Russia is spending $51 billion on the Sochi Winter Olympics, the most expensive Olympic Games ever by a wide margin. The preparations have not gone smoothly. Construction has been delayed repeatedly and marred by accusations of political corruption. The outlandish price tag for the games has turned into an embarrassment for Russian officials.

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Politics
10:58 am
Sun January 5, 2014

The Campaign For Jobless Benefits Begins In Congress

Sen. Jack Reed, D-R.I., along with Sen. Dean Heller, R-Nev., is co-sponsoring the three-month extension of unemployment benefits up for a vote in Congress this week.
Win McNamee Getty Images

The Senate gets back to work Monday after a two-week holiday break. Just as Majority Leader Harry Reid promised, the first piece of legislation getting a vote will be a three-month extension of the long-term unemployment benefits that ran out a week ago for 1.3 million jobless Americans.

Though the Senate unemployment measure is bipartisan, it's not clear it has enough votes to beat a GOP filibuster. Regardless, Democrats are banging the drum on the issue as a midterm election year begins.

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Economy
4:16 pm
Sat January 4, 2014

With Benefits Cut, Unemployed Take Stock Of Dwindling Options

Visitors use the Unemployment Insurance Phone Bank in Sacramento, Calif., on Sept. 20. Tens of thousands in the state lost federal unemployment benefits in December.
Rich Pedroncelli AP

Originally published on Sat January 4, 2014 5:51 pm

In November, 222,000 Californians opened their mailboxes to find a warning: Unemployment benefits were scheduled to end in December.

While Congress was inching closer to passing a budget, Emergency Unemployment Compensation was not part of the deal. That's the long-term jobless benefits: extra federal money that allows unemployed workers to collect payments for months longer than they could in better economic times.

Sure enough, on Dec. 18, Congress passed that budget and packed up for Christmas recess, leaving those extended benefits to expire just 10 days later.

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The Two-Way
7:37 am
Sat January 4, 2014

'Cheers And Jeers' As Boeing Machinists Narrowly OK Contract

Many of the machinists were not happy late Friday when it was announced that Seattle-area workers had approved a new contract with Boeing.
David Ryder Reuters/Landov

There were "cheers and jeers" from rank-and-file union members late Friday when it was announced that a key new contract with aircraft maker Boeing had been approved by a bare majority vote, our colleagues at Seattle's KPLU report.

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Arts & Life
3:43 pm
Fri January 3, 2014

'Playboy' Gets Pranked: Group Flips The Script On Sex

You can't buy these panties at your local Victoria's Secret. While they mimic the look of that brand's Pink line, they're actually part of a project by FORCE: Upsetting Rape Culture.
Courtesy of FORCE

Originally published on Fri January 3, 2014 7:43 pm

Rebecca Nagle sometimes finds herself asking the question: What would Hugh Hefner say?

"The only sex that is good is when it's good for everyone," she says, laughing. "And I've only ever had good sex."

Hefner didn't actually say that. Nagle wrote it.

"But you can really imagine Hugh Hefner saying that," she insists.

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Business
3:43 pm
Fri January 3, 2014

How NAFTA Helped The Mexican Billionaires' Club

Carlos Slim Helu (left) talks with Steve Forbes of Forbes magazine. The magazine lists the Mexican telecom mogul as the world's richest man, with a net worth of $73 billion.
Jeremy Piper AP

Originally published on Mon January 6, 2014 2:50 pm

When the North American Free Trade Agreement was being negotiated, supporters promised it would increase the income of Mexicans. And the middle class did grow in Mexico over the past two decades. But it's clear that Mexico's ultrarich are among its big winners.

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