Business & Education

Economy
3:54 pm
Tue October 22, 2013

Tepid September Jobs Report May Be Just What Markets Desire

Originally published on Tue October 22, 2013 6:13 pm

Transcript

AUDIE CORNISH, HOST:

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

MELISSA BLOCK, HOST:

And I'm Melissa Block.

After a 16-day delay, the employment report for September was finally released today. The most anticipated report of the month was knocked off schedule by the government shutdown. And as NPR's John Ydstie reports, when it arrived this morning, it didn't quite live up to expectations.

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Private School Tax Credits
3:48 pm
Tue October 22, 2013

Judge Lets Private School Parents Enter AEA Suit

A Montgomery judge is letting three parents intervene in the Alabama Education Association's lawsuit challenging the state's new private school tax credits.
Credit istockphoto

A Montgomery judge is letting three parents intervene in the Alabama Education Association's lawsuit challenging the state's new private school tax credits.

Judge Gene Reese ruled Monday that Tequila Rogers of Mobile and Danyal and Mark Jones of Montgomery can become parties. They support the credits because they chose to enroll their children in private schools rather than failing public schools. They are represented by the Institute for Justice, which has defended school choice laws in several states.

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The Salt
3:48 pm
Tue October 22, 2013

Coffee Coming Up, Nice And Hot ... And Prepared By A Robot

Briggo's Coffee Haus takes up about 50 square feet of space, has a nice exterior wood design, and accepts orders either on-site or via a website.
Courtesy Briggo

Originally published on Tue October 22, 2013 4:19 pm

A new trend is brewing in the coffee world: coffee prepared by a robot, able to be preordered via cellphone and picked up at an unmanned kiosk, perfectly adjusted to your taste and ready to go.

To some, this might seem lamentable: the beginning of the end of coffee shops as we know them. No more huddling around warm cups of coffee with friends or sipping a refreshing iced latte while reading.

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Economy
2:49 pm
Tue October 22, 2013

Job Growth Was Disappointing, But Some See Reasons For Hope

Hans Kahl (left) speaks with prospective employees at a job fair for veterans, in Miami on Tuesday. With job growth still slow, the Federal Reserve may keep trying to stimulate the economy.
Joe Raedle Getty Images

When it finally came out Tuesday, the September jobs report — delayed for 18 days by the government shutdown — showed a labor market moving forward. But the pace was slow enough to prompt many economists to view it as a letdown.

Job growth "is disappointing, given that employment is still down by about 1.8 million from its peak prior to the recession," Gus Faucher, senior economist with PNC Financial Services Group, said in his analysis.

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The Two-Way
2:27 pm
Tue October 22, 2013

Cuba To Phase Out Two-Peso Currency System

A woman displays Cuban pesos, or CUP (right) and the more valuable convertible pesos, or CUC (left), in Havana Tuesday. Raul Castro's government announced that it will begin unifying the two currencies.
AFP AFP/Getty Images

Originally published on Tue October 22, 2013 3:09 pm

Cuba will end the two-currency system it has used for nearly 20 years. Since the collapse of the Soviet Union, Cuba has used either American currency or a peso that's pegged to the dollar alongside its national peso.

The monetary unification will phase out a system that has become a symbol of exclusivity and foreign wealth. Many products that are imported into the country can be bought only with the dollar-based convertible peso. But most Cubans are paid in the standard peso, which is worth just a fraction of the other currency.

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The Two-Way
12:14 pm
Tue October 22, 2013

Amazon Raises Minimum Purchase For Free Shipping By $10

Missed It By That Much: Amazon has raised its minimum price for free shipping to $35, meaning that horse masks — a popular item among reviewers — are subject to a shipping fee.
NPR

Originally published on Tue October 22, 2013 5:08 pm

Customers who hope to buy enough from Amazon's website to garner free shipping are now facing a higher bar, as the giant retailer raised its minimum order size from $25 to $35. The change took effect Monday, as the busy holiday shopping season looms.

"This is the first time in more than a decade that Amazon has altered the minimum order for free shipping in the US," the company said in announcing the change.

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Money Coach
11:35 am
Tue October 22, 2013

Cities Grapple With Pension Debt

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin and this is TELL ME MORE from NPR News. Later in the program, we'll hear about the latest project by Harvard professor and documentary filmmaker Henry Louis Gates Jr. It's a sweeping six-part series about the history of Africans in the Americas dating back to the 1500s. He'll tell us more about that in just a few minutes.

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The Two-Way
7:46 am
Tue October 22, 2013

Fewer Jobs Than Expected In Sept., But Jobless Rate Fell

People looking for work were filling out applications earlier this month at a career fair in Emeryville, Calif.
Justin Sullivan Getty Images

Originally published on Tue October 22, 2013 11:20 am

The nation's jobless rate ticked down to 7.2 percent in September from 7.3 percent in August, the Bureau of Labor Statistics said Tuesday.

But just 148,000 were added to public and private payrolls. That's below the 180,000 economists expected. It's yet another sign that job growth remains soft.

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The Two-Way
6:18 am
Tue October 22, 2013

Modest Job Growth, No Change In Unemployment Rate Expected

The scene earlier this month at a job fair in Sunrise, Fla.
Joe Raedle Getty Images

Originally published on Tue October 22, 2013 10:46 am

Update at 8:35 a.m. ET. The Report Is Out:

Fewer Jobs Than Expected In Sept., But Jobless Rate Fell

Our original post follows:

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Economy
4:35 am
Tue October 22, 2013

Shutdown-Delayed Jobs Report Is Released

Originally published on Wed October 23, 2013 9:42 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Let's talk about the latest employment numbers and what they mean. The economy, we're told by the Bureau of Labor Statistics, gained 148,000 jobs in September. The unemployment rate fell slightly to 7.2 percent. We're getting these numbers a couple of weeks late because of the government shutdown. NPR's Chris Arnold has been following the economy and the shutdown. He's on the line. Hi, Chris.

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Business
2:17 am
Tue October 22, 2013

Michigan Apple Harvest Recovers, But Pickers Are Scarce

Apples sit in a bin after being harvested at Riveridge Produce in Sparta, Mich. The apple harvest in Michigan this year is projected to be about ten times larger than in 2012.
Noah Adams NPR

Originally published on Tue October 22, 2013 9:29 am

One year ago the Michigan apple harvest, hurt by a late winter warm-up and a spring freeze, was almost nonexistent at 3 million bushels. This fall, the crop is projected to yield a record-setting 30 million bushels, but now there's concern that not enough pickers will be in the orchards.

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Arts & Life
2:15 am
Tue October 22, 2013

Charity Watchdog Shakes Up Ratings To Focus On Results

Dennis Chestnut stands next to a stretch of the Anacostia River in Washington, D.C., on Oct. 2. Chestnut, who has been working to clean up the Anacostia for decades, says it can take a long time for a nonprofit to see an end result.
Abbey Oldham NPR

Originally published on Tue October 22, 2013 9:29 am

There's one area of the economy that's growing faster than business or government.

According to the Urban Institute, in the 10 years between 2001 and 2011, the number of nonprofits increased 25 percent. But most of them aren't very good at measuring their effectiveness — at least, that's the conclusion of the nonprofit watchdog Charity Navigator, which rates thousands of nonprofits to help donors make decisions on their giving.

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The Two-Way
5:46 pm
Mon October 21, 2013

It's Back To The Future For E-Cigarette Ads, At Least For Now

The FDA is expected to determine whether e-cigarettes should be regulated like tobacco products later this month.
Jim Watson AFP/Getty Images

Originally published on Tue October 22, 2013 2:23 pm

  • Listen To Melissa Block's Coverage Of The E-cigarette Industry

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It's All Politics
5:03 pm
Mon October 21, 2013

5 Questions Kathleen Sebelius Must Answer

Health and Human Services Secretary Kathleen Sebelius is likely to have a very long day when she testifies before Congress about the Affordable Care Act website problems.
Mark Wilson Getty Images

Originally published on Mon October 21, 2013 6:12 pm

The hottest hot seat in Washington is the one occupied by Health and Human Services Secretary Kathleen Sebelius, whose office confirmed Monday she'll testify about the Internet disaster that is HealthCare.gov, the Affordable Care Act website.

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Media
3:56 pm
Mon October 21, 2013

Why's eBay's Pierre Omidyar Bankrolling A Journalism Startup?

Originally published on Thu October 24, 2013 6:29 pm

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

For years, predictions about the demise of the news business have been rampant. But lately, digital industry billionaires are entering the fray, bringing hope that those forecasts are wrong. Earlier this year, Amazon's founder Jeff Bezos bought The Washington Post.

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