Let's focus on the state of the housing market next, where there have been mixed signals lately. It's been reported that we've had a rip-roaring recovery in real estate accompanied by a long stretch of record-low mortgage interest rates. Housing prices are up and new home supply seems tight across the map. But on the other hand, analysts say this isn't all good news for would-be homeowners. Joining us to talk about what's going on in housing Roben Farzad, contributor to Bloomsburg BusinessWeek. Welcome, Roben.
AMC's The Walking Dead has key ratings better than network dramas. The show gets desirable young viewers by not skimping on explicit action, gore or storytelling. So why haven't the networks tried to imitate the show? Blame the FCC, which cracks down on explicit network broadcast content but overlooks cable.
Let's begin NPR's business news starts with Amazon Sundays.
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GREENE: The U.S. Postal Service is breaking new ground, teaming up with the online retail giant Amazon in an exclusive deal to deliver Amazon packages on Sundays. Residents of Los Angeles and New York can now take advantage of the additional delivery day at no extra charge. The Sunday service is expected to expand to more cities next year.
Shopping anywhere could take a hit if 3D printing really takes off, by allowing users to print products at home.
DAVID GREENE, HOST:
Yes, products like disposable underwear. It's the brain-child of an Israeli couple, whose 3D technology also enables them to print items like bandages or sportswear. Currently, the fabric printers run about $3 million, so maybe too steep for home use just now.
The Greek government is pushing stores to open on Sundays, just like the tourist shops around the Acropolis. But mom-and-pop shops that are participating in a pilot program to open seven Sundays a year, say they lost money last weekend — the first Sunday the program was effect.
When it comes to shipping in the United States, there's a bit of a paradox. Even as U.S. exports have grown, the U.S. share of shipping has declined dramatically.
The traffic in and out of U.S. ports increases every year, but most of those ships fly foreign flags. In fact, the number of U.S. flagged ships is barely one quarter of what it was in the 1950s. That means fewer and fewer jobs for the men and women who work on those ships: the United States Merchant Marine.
The U.S. economy gained 204,000 jobs in October, nearly twice what most economists predicted. The unemployment rate figure went up, but that number was distorted because the Labor Department did its sampling during the federal government shutdown.
Originally published on Fri November 8, 2013 6:51 pm
There comes a time, it seems, when even parodies must face reality. And for The Onion, that time will come in December, when the satirical news source will stop publishing print editions and shift to being all-digital.
The price of pecans is going up, up, up, which may mean that if you're planning a pecan pie for Thanksgiving, the time to buy them is now. The reasons behind that escalating price all come down to natural forces: supply and demand and weather.