ECONOMY

Despite Rising Costs, China Is Gung-Ho To Host 2022 Winter Olympics

6:24pm July 30, 2015

by Anthony Kuhn

Either China or Kazakhstan will be chosen on Friday as host of the 2022 Winter Olympics. European nations have been scared off by the cost of hosting the event, but China has the ambition and the money to match.

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Kazakhstan Promises 'Real Winter Wonderland' In Bid To Host 2022 Games

6:24pm July 30, 2015

by Corey Flintoff

The International Olympic Committee will decide Friday whether to accept the bid by Kazakhstan's largest city, Almaty, to stage the 2022 Winter Games, or instead offer it to rival contender Beijing.

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The Savory Summer Cobbler from the Cheap and Good cookbook features seasonal vegetables under a peppery biscuit crust.

Cheap Eats: A Cookbook For Eating Well On A Food Stamp Budget

2:41pm July 30, 2015

by Eliza Barclay

A Canadian scholar was unimpressed with the cookbooks available for people on food stamps in the U.S. So she decided to come up with her own set of tips and recipes for eating well on $4 a day.

Nobel Laureate Muhammad Yunus, who just turned 75, thinks of credit as a human right.

Nobel Prize Winner Thinks No One Should Ever Retire

12:53pm July 30, 2015

by Marc Silver

Muhammad Yunus — honored for loaning millions to poor women — just turned 75. And he's thrilled to keep on working: "The word 'retirement' is very harmful."

Eliot Elementary in St. Louis, Mo., closed 10 years ago. The building remains empty.

The Struggle To Breathe Life Back Into Empty Schools

11:22am July 29, 2015

by Tim Lloyd

As urban schools across the country continue to lose students, the question districts like St. Louis face is: What to do with all of those empty buildings?

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A shortage of lifeguards across U.S. cities could be a fallout of the recovering economy.

During Pool Season, Even Lifeguard Numbers Are Taking A Dive

6:31pm July 28, 2015

by Leoneda Inge

This summer, even the most crowded pools are struggling to hire enough lifeguards, and are cutting hours as a result. In a rebounding economy, teens are opting for higher-paying jobs or no job at all.

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Greece's Lost Olive Oil: How Export Barriers Stifle Economic Growth

2:36pm July 28, 2015

Businesses in Greece are facing fundamental problems, despite the potential bailout. They struggle with tax issues, labor problems and infrastructure inadequacies. The Planet Money podcast visits olive oil entrepreneurs in Kalamata, Greece, to find out what it will take for the Greek economy to start growing.

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China's Stock Market Unnerves Investors With Another Nosedive

2:07pm July 28, 2015

China's stock market continues to fall on the heels of a big drop in June. Steve Inskeep talks to Patrick Chovanec, chief strategist with Silvercrest Asset Management, about China's stock market woes.

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A Chinese worker is seen at a construction site in Beijing. Economic changes in China and in other places have reduced demand and prices for commodities like the metal in the building's structure.

Drawing A Line From The Chinese Stock Market To Your Wallet

1:03pm July 28, 2015

by Marilyn Geewax

U.S. commodities — copper, corn, coal and more — are cheaper because of China's economic cooling. Producers got caught up in China's "teaser" demand for more of everything. It couldn't last.

China's Stock Market Suffers Largest Drop In 8 Years

5:40am July 28, 2015

by John Ydstie

China's main stock index, the Shanghai Composite Index, fell 8.5 percent Monday in the biggest percentage drop in eight years. The Chinese market had been making a comeback from a serious sell-off earlier this summer, but now much of that gain has been lost.

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