Economy

Economy

Hard-Hit Boise Subdivision Lacks Owner-Occupied Homes

1:02pm March 04, 2013

by Molly Messick

The housing crisis has taken a toll in Idaho. Home prices dropped by 46 percent in the Boise area and many people lost homes to foreclosure. Before the bubble burst, Charter Pointe became less a neighborhood of neighbors, and more about investor-buyers looking to make money.

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Wealth Gap: Wide And Getting Wider

12:00pm March 04, 2013

The wealth gap between white and black families is growing — and that's especially apparent in the housing market. Host Michel Martin talks to Washington Post correspondent Michael Fletcher about the financial disparities facing black families.

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Wealth Gap: Wide And Getting Wider

12:00pm March 04, 2013

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'It Can't Go On Forever': Michigan Steps In To Help Detroit

11:04am March 02, 2013

Host Scott Simon talks with the Republican governor of Michigan, Rick Snyder, who on Friday announced he will appoint an emergency financial manager for Detroit. The city faces a $327 million budget deficit and more than $14 billion in long-term debt.

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With a declining population and dwindling tax base, Detroit has grappled with severe financial problems in the past decade.

Michigan Officials Take Control Of Detroit's Empty Wallet

8:01pm March 01, 2013

by Quinn Klinefelter

With Detroit deep in the red, Michigan Gov. Rick Snyder has announced that the state will take over the city's finances, cut existing labor contracts and sell city assets. The business community and some residents applaud the move, but others fear a greater decline in already faltering city services.

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Economy

The Future of Downtown Greensboro

12:03am March 01, 2013

Greensboro has made great strides in downtown development, with more amenities, activities and people living downtown, and big projects waiting in the wings.

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A natural gas drilling rig just east of downtown Fort Worth, Texas. A new decade-long study finds the region's Barnett Shale formation has sufficient gas reserves to last another 25 years.

Texas Study Points To A Longer Natural Gas Boom

6:59pm February 28, 2013

by Wade Goodwyn

A new study of the Barnett Shale formation in Texas shows that the natural gas reservoir there will last for at least another two decades. "Turns out, what we learned is that there's a lot of good rock left to drill," says geology professor Scott Tinker, the study's author.

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Job Applicants Are Wary Of Firms' Resume Sorting Software

1:32pm February 28, 2013

by Annie Baxter

Some big companies are using talent management software to narrow the pool of job applicants before an employer reviews the resumes. Human resources officials say in today's economy, the systems are crucial. But employment seekers often find the software puts them at a disadvantage.

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Sequester Cuts Could Affect Air Safety

12:04pm February 28, 2013

At a hearing on Capitol Hill Wednesday, FAA administrator Michael Huerta explained to lawmakers what the sequester means to the aviation industry. He said he has limited ability to avoid furloughs for key personnel, such as air traffic controllers. That could lead to delays for passengers and the closing of towers.

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Countdown To Sequester: 3 Stories That Sum It Up

8:08am February 28, 2013

by Scott Neuman

A report says the biggest sequester burden will fall on the Washington, D.C., area, while the Pentagon is already shuffling deployments to save money.