Economy & Business

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What school principals can learn from CEOs

Sep 20, 2017

Eric Bethel was about to deliver some bad news to a tough crowd — a room full of school principals.

“All right, so, team,” he began, “there are some key data points that we need to look at.”

Actually, Bethel was only practicing to give the bad news to an even tougher crowd. In a few days, he’d have to tell his teachers at Turner Elementary School in Washington, D.C., that they’ll have to take turns monitoring the lunch room this year, because of behavior problems.

Checking in with Syrian refugees one year later

Sep 20, 2017

Much has changed over the last year for Ali, Fatima and their four kids. They’ve moved into a sweet yellow house with a big back yard. They’ve planted a vegetable garden next to the driveway where the children ride their bikes. Ali now has his driver’s license and a part-time job at the Cheesecake Factory.

The food community comes together in Houston

Sep 20, 2017

My Economy tells the story of the new economic normal through the eyes of people trying to make it, because we know the only numbers that really matter are the ones in your economy.

Today’s installment in our series is from Monica Pope, a chef and restaurateur from Houston, Texas. 

Since I was 17, I've had this single-minded goal to open a restaurant and change the way Houston eats. 

09/20/2017: The saga to repeal Obamacare continues

Sep 20, 2017

(Markets Edition) Yep, the effort to repeal Obama-era health care reform is back. We'll talk about a new bill from Republican Senators Bill Cassidy and Lindsey Graham that'll get rid of the mandate requiring you to buy health insurance. Afterwards, we'll take a brief look at the major stock indexes this morning, and then discuss how women are faring in the global workforce. Plus: A conversation with Americares' vice president of emergency response, Garrett Ingoglia, about how the nonprofit prepares in the event of a natural disaster.

The letters "CFPB" may not be much more than alphabet soup to your average student loan borrower. They stand for Consumer Financial Protection Bureau, a new-ish federal agency — created in 2011 — with a unique mission and a big effect on student lenders and for-profit colleges accused of defrauding or otherwise mistreating Americans.

How organizations prepare for natural disasters

Sep 20, 2017

Hurricane Maria is over Puerto Rico, with the eyewall soon due at the capital San Juan. Its arrival follows Tuesday's 7.1 earthquake in Mexico, where rescue crews are searching for survivors.

In the aftermath of a natural disaster, how do organizations prepare and send help?  Garrett Ingoglia — VP of emergency response for Americares, a Connecticut based nonprofit — joined us to discuss how his group does it, and whether people are becoming too emotionally fatigued to help out. Below is an edited transcript.

An estimated 133 billion pounds of food is wasted in the U.S. each year, enough to fill Chicago's Willis Tower 44 times. Globally, 1.3 billion tons of food is lost or wasted annually.

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These are tough times for Washington's roughly 400 think tanks — the policy factories where scholars get paid to study issues and give politicians advice. Powerful external forces are reshaping the industry.

One current example is the left-leaning New America Foundation, founded in 1999. It works on public policies for the digital age. Last month it landed in the think tank industry's latest money controversy.

Federal Reserve To 'Unwind' Holdings

Sep 20, 2017

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When Dion Walker closes his eyes and thinks of his next job, he thinks of palm trees and a nice breeze. That’s because he is thinking of a cruise ship in Hawaii — specifically, the Pride of America.

Four years ago, less than 10 percent of U.S. students had adequate internet bandwidth in their classrooms, based on Federal Communications Commission standards. Today, 88 percent do, according to a report out this week from nonprofit EducationSuperHighway. How did the digital divide get narrowed so quickly? 

Click the audio player above to hear the full story.

As Hurricane Maria beats its path through the Caribbean, Puerto Rico has more than 450 shelters to house up to 60,000 evacuees. Many are from surrounding islands. They’ve been on Puerto Rico since before Hurricane Irma hit and may need a place to stay for weeks or months.

Click the audio player above to hear the full story.

(U.S. Edition) Though much of Puerto Rico was spared from Hurricane Irma, Hurricane Maria is now bearing down. We'll take a look at the efforts the territory is making to shelter evacuees. Afterwards, we'll discuss a new report that shows nearly 9 out of every 10 U.S. students have adequate internet bandwidth in their classrooms — a huge increase from four years ago when less than 10 percent did. How'd the digital divide get narrowed so quickly?

Germany has a national election coming up on September 24, and on the same ballot, in Berlin, voters will decide whether to keep the local Tegel airport open. Tegel sits about six miles from the city center, but opponents say it’s too old and pricey to maintain. They want a new airport currently under construction to replace Tegel.