Business and Economy

The flip side of the McCain ticket

By John Hockenberry, Adaora Udoji, Jesse Baker August 28, 2008, 08:36 AM

Last week Barack Obama taunted the media with the promise of finally letting us know who he had chosen to complete his ticket. But this week it’s John McCain’s term to tease us. The political blogs have been spinning out prospects from months now. To brief us on the candidates who have been short listed is Elisabeth Bumiller, reporter for the New York Times.
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Author, activist Barbara Ehrenreich on the state of working Americans

By John Hockenberry and Adaora Udoji August 28, 2008, 07:40 AM

“Nickel and Dimed,” author Barbara Ehrenreich takes to the Takeaway stage against the backdrop of the Presidential convention and new economic figures that bear bad news for American workers. Ehrenreich has blazed a trail as the “voice” of the declining middle class and the growing underclass.
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Why you should care about the price of milk in Skopje

By John Hockenberry, Adaora Udoji, Kent DePinto, Nik Sindle August 27, 2008, 07:12 AM

US consumers have been paying 5.2 percent more for their food over the past year. So the BBC world service embarked upon a little global experiment to see how much consumers were being affected. Every week reporters from eight cities around the world visit the same store, buying the exact same items to compare how the price of food fluctuates over time. Richard Collings joins us with the World Service Food Price Index, next on The Takeaway
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Patchwork Nation: The big issues in big cities stem from income disparity

By John Hockenberry, Adaora Udoji, Adnaan Wasey August 27, 2008, 07:07 AM

Forget Red State - Blue State politics. But don't forget that all politics is local. The Christian Science Monitor's Patchwork Nation project is redefining political geography based on social and economic data, and in the process is clarifying the issues that will matter to Americans come November.
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President Bush’s Place in History

By John Hockenberry, Adaora Udoji, Jesse Baker August 27, 2008, 06:51 AM

With only months left in the term, the Bush Administration is taking a hard look at the legacy they are about to leave. But President Bush’s place in history entirely depends on who you ask. Will he be remembered as the man who misled the country, squandered our savings and endorsed torture tactics? Or will he be the man who freed 60 million people in Afghanistan and Iraq, Left No Child Behind and comforted the nation after September 11? These are the questions Peter Baker put to former and current advisers to the President and to the President’s father for his upcoming piece “The Final Days” in this weekend’s New York Times Magazine.
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Discount fashions can be fashion forward, but do they foster waste?

By Adaora Udoji, Mary Elizabeth Williams, Jesse Baker August 26, 2008, 07:56 AM

In the world of fashion, you get what you pay for, and that’s exactly the point Britain’s House of Lords has taken issue with. Clothing chains like H and M, or Forever 21 epitomize this trend of “Fast Fashion”- where it’s in one day and out the next. Does this simply foster a culture of irresponsible waste- or is this what being “fashion forward” means in the year 2008. The Takeaway talks to their own personal shopper of sorts, The Takeaway contributor Mary Elizabeth Williams.
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Three years later, thousands of Katrina victims are still without homes

By Adaora Udoji and Bruce Reznick August 26, 2008, 06:38 AM

Three years after Hurricane Katrina slammed into the gulf coast; thousands of folks remain in trailers or are still homeless. The barriers to recovery are complex but the struggles exist for the poorest of folks, particularly in the area of housing and jobs. Sharon Hanshaw, a lifelong resident of Biloxi, Mississippi was and remains one of those thousands of Americans still struggling with recovery.
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North Dakota Oil Diary: "People around here need to be ready to change"

August 26, 2008, 01:04 AM

A completed well on the side of a highway outside of Minot, North Dakota Caitlin McNally
Caitlin McNally

I drove from Minneapolis to Minot, North Dakota, this year as a late spring snowstorm was brewing. Interstate 94, near the state line, closed down and the two lane highways and farm roads snaking westward were covered in hard ice and occasional, demonic flurries of drifting snow. I concocted a route around the storm with some helpful farmers at a gas station. My car limped west then north, west then north, on a maze of empty back roads.

There are many lessons Katrina has for the nation, but have we learned them?

By Adaora Udoji and Chelsea Merz August 25, 2008, 06:49 AM

Times Picayune reporter Lolis Eric Elie says that Hurricane Katrina has lessons for the nation. From a frail infrastructure, to a flawed emergency response system, to a society divided along race and class lines, Katrina pulled back the curtain on issues that have long plagued the country. As we mark the third year anniversary of Hurricane Katrina, we check in with Lolis Eric Elie on the state of New Orleans and what the nation can learn from this disaster.
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Reinventing the workweek as energy prices soar

August 22, 2008, 05:36 AM

With energy prices soaring, the economy slumping and global warming fears taking center stage, there is no end of innovative responses to this new world order. But today, hybrid cars, compact fluorescent lights and low-flow shower heads seem old school compared to the latest energy saving trend: the four-day work week.
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The end of air travel as we know it

By Adaora Udoji and Christina Russo August 22, 2008, 06:25 AM

Soaring oil prices, coupled with climate change, is making commercial aviation not only unpopular but maybe impossible. Is the mile-high club about to end for good?
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Postum, Underalls, and the comeback of the Hydrox cookie

By Adaora Udoji, Corey Takahashi, Katherine Lanpher August 21, 2008, 05:42 AM

Are you a brand-loyal consumer? Are you a cookie-eater? If so, you may have noticed a void at the supermarket these past five years. The crème-filled Hydrox cookie disappeared from shelves in 2003, but, with a huge marketing push, is being revived by the Kellogg Company at stores this week—sans trans fat. Which brands would you bring back?

The Minimalist saves the planet

By Adaora Udoji and Katherine Lanpher August 20, 2008, 07:39 AM

Guest: Mark Bittman, The New York Times
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More women are delaying motherhood, Census Bureau reports

By Adaora Udoji, Christina Russo, Katherine Lanpher August 20, 2008, 06:57 AM

Guest: Tanya Koropeckyj-Cox, Sociology Professor at the University of Florida in Gainesville. She's been studying women and childlessness for more than a decade.
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Wholesale costs, what businesses pay for goods, are rising faster than expected

By Adaora Udoji and Katherine Lanpher August 20, 2008, 06:21 AM

Guest: Michael Grynbaum, The New York Times
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A crude awakening as oil companies see decreased production

By Adaora Udoji and Katherine Lanpher August 19, 2008, 08:06 AM

Guest: Jad Mouawad, The New York Times, covers the energy industry
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Inflation woes: Rising cost of living affects diverse group of Americans

August 18, 2008, 06:57 AM

Guests: Cristina, 18, Lori, 33, and Margaret, 81
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Foreclosures still on the rise nationwide

By Adaora Udoji, Bruce Reznick, Katherine Lanpher August 15, 2008, 08:09 AM

Foreclosures are not just yesterday’s headlines but today’s continuing nightmare. The real estate shakeout continues and with it, growing problems for Mayors for cities big and small who have to oversee abandoned properties and neighborhoods now beset with crime, squatters, drug sales, waste, abandonment, disarray and shrinking tax rolls.
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Smart grids: What it means to boost our electrical infrastructure’s IQ

By Adaora Udoji, Chelsea Merz, Katherine Lanpher August 14, 2008, 07:40 AM

Five years ago today, a power outage blanketed states in the Northeast, Midwest and parts of Canada. Leaving 50 million in the dark, it was the largest blackout in North American history. The outage highlighted the fragility of our electricity system. And with energy demands rising, and economy in a slump and global warming fears taking center stage, "smart grid" technologies could provide solutions.
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Beyond the GDP: better ways of measuring economic success

By Adaora Udoji, Corey Takahashi, Katherine Lanpher August 14, 2008, 07:39 AM

Guest: Katharine Abraham, professor of survey methodology at the University of Maryland, College Park, and former commissioner of the Bureau of Labor Statistics
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In Post-Katrina New Orleans, an ambitious social and educational experiment

By Corey Takahashi, Jesse Baker, Katherine Lanpher August 14, 2008, 07:37 AM

New Orleans has experienced a boom in charter schools and a renewed sense and mission for public education. It’s a grand experiment, and Paul Tough, an editor for the New York Times magazine, tracks it in this Sunday’s edition. Is this is a model for the nation or is it yet another dream deferred?
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Olympics focus turns to track and field

By Adaora Udoji and Katherine Lanpher August 14, 2008, 07:37 AM

Guest: Lynn Zinser, New York Times, reporting from Beijing
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Drought in California: America’s breadbasket is going hungry

By Adaora Udoji, Sitara Nieves, Katherine Lanpher August 13, 2008, 05:57 PM

Agriculture is a $31-billion industry in California — no state is bigger for farming. But with California in a drought, state-enforced water rationing is forcing farmers to abandon fields and lay off workers. The Takeaway talks to the mayor of Mendota, California, where hundreds have been left hungry, and with Sacramento Bee reporter Matt Weiser about the difficult choices the state is facing.
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Swim stars huge in U.S. media, ho-hum in China’s

By Adaora Udoji August 13, 2008, 08:12 AM

One can hardly turn on a screen in the United States without seeing Olympic swimmer Michael Phelps. But, in China, coverage of the record-setting team is slim. Contributing to the collective shoulder-shrug, the Chinese haven’t fielded a competitive men’s swim team in many years. On the other hand, Chinese coverage of judo and badminton — even American badminton — dwarf the American equivalent.
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A fast-food moratorium raises questions of freedom and fries

By Adaora Udoji, Corey Takahashi, Katherine Lanpher August 13, 2008, 08:07 AM

In a section of Los Angeles, the city council has put a moratorium on new fast food restaurants. The measure is intended to promote healthier lifestyles in a working-class area where obesity is a concern. New York has required calorie labels at chain restaurants to combat obesity — where do government responsibility and personal responsibility intersect?
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Real-life invisibility cloak shows the promise of "nanomanufacturing"

August 12, 2008, 02:54 PM

This week, the media reported on scientists developing materials they say could create a kind of invisibility cloak. The research was funded in part by the National Science Foundation. It’s just one example of “nanomanufacturing,” which the NSF sees as a way to give the United States an edge as industrial manufacturing wanes.
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The "Redeem Team" brings two hopes: gold, and new markets for the NBA

By Adaora Udoji, Bruce Reznick, Katherine Lanpher August 12, 2008, 06:52 AM

Guest: Mitch Lawrence, NBA columnist for the New York Daily
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A pumped-up dollar deflates prices at the pump

By Adaora Udoji, Chelsea Merz, Katherine Lanpher August 11, 2008, 06:53 AM

For the fifth week in a row, gas prices fell. And it looks like the nation owes a tip of the hat to the dollar.
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Black radio: Making waves, making money

By Adaora Udoji, Corey Takahashi, Katherine Lanpher August 11, 2008, 06:50 AM

Guest: Patrik Henry Bass, senior editor at ESSENCE magazine
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IOU: Consumer borrowing is on the rise

By John Hockenberry, Adaora Udoji, Sally Herships August 08, 2008, 07:24 AM

Times are tough, so people are turning to credit more and more. The Federal Reserve Board says the rate at which consumers borrowed money in June increased more quickly than in any month since November.
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  • I plan to spend my rebate check, not on Antonin Scalia's new book, Making Your Case; The Art Of Persuading Judges, whose subtitle should have read "How I convinced four other supreme court justices to appoint Bush President", but instead primarily on lowering my adjustable-rate home equity loan before rates go up again, and the rest on charity to help those who have been adversely impacted by the economic "slowdown" a.k.a recession. "

    by Paul , April 28, 08:51AM

    on Rebate check-in. Where will your money go?

  • I will give most of it to charity,

    the public library and the parks,

    since the city government is constantly

    cutting down on these essentials."

    by anne, April 28, 08:36AM

    on Rebate check-in. Where will your money go?

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