Originally published on Fri August 16, 2013 5:14 am
The stock market has lost about 3.5 percent of its value since the beginning of the month. For insight into why the decline, David Greene talks to David Wessel, economics editor of The Wall Street Journal.
Originally published on Fri August 16, 2013 5:34 am
For two weeks, customers with Time Warner Cable in New York, Los Angeles and Dallas have been unable to watch CBS with their cable box. Time Warner and CBS disagree over how much the cable company should be paying the television network for transmitting its shows.
The blueberries on your morning cereal are less expensive this year. That's because farmers are harvesting a bumper crop this summer. It's good news for berry lovers, but the bounty might wreck some blueberry growers.
In Richland, Wash., Genoa Blankenship pops open the lid on a box of blueberries. Her three young children struggle to stop wiggling. Blankenship loves the idea of healthy snacks that are easy to take along to soccer practice.
Americans are buying less gasoline than they did just a few years back. While many people believe this is a good thing, it does present a problem: Most road construction is paid for with fuel taxes. Less gas tax revenue means less money for roads.
One reason gas purchases are down is that more people are driving more efficient cars, such as hybrid and electric vehicles. Now states are looking for solutions, including charging hybrids extra fees or imposing fees based on miles driven.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
AUDIE CORNISH, HOST:
And I'm Audie Cornish. The stock market usually likes good news about the economy, but that's not always the case. This morning, stocks opened down sharply just after the government announced a surprisingly large drop in initial claims for unemployment benefits. In fact, claims fell to the lowest level since before the recession and the Dow Jones Industrials ended the day down 225 points, a decline of 1.5 percent.
For auto companies, that Environmental Protection Agency-approved MPG sticker on a new car is a high stakes and expensive process. These days it can be damaging to a company's image if customers can't achieve that great fuel economy in their own commutes.