From retail to e-tail, is Cyber Monday the new Black Friday? Indoor malls have been in decline ever since consumers discovered online shopping, and many retail spaces are either closing or being repurposed as shopping habits evolve. Economics correspondent Paul Solman reports on the fate of America’s malls from Akron, Ohio. Continue reading
The indoor mall became a ubiquitous symbol of American suburbia in the 20th century. But America’s first shopping mall, still landing in Edina, Minnesota, was designed, like every enclosed mall modeled after it, to bring some urbanity to suburbia. NewHour Weekend’s Tracy Wholf reports. Continue reading
Paul Solman stepped back to 1621 to explore the economics of the very first Thanksgiving, where, he learned, profit wasn’t everything. Neither is profit everything in 2014 on a family turkey farm that sells most of its free-range turkeys during just one week of the year. Continue reading
How do small farms, competing against factory farms, gobble up their share of business? The family-run Ekonk Hill Turkey Farm in Connecticut relies on Thanksgiving sales for nearly half of their yearly income, selling high-quality birds raised in a free-range environment. Economics correspondent Paul Solman looks at how small businesses struggle in an economy dominated by big business. Continue reading
WASHINGTON — President Barack Obama’s executive actions on immigration left out some of the business community’s top priorities, disappointing business leaders who might have stepped up to defend his policies in the face of Republican attacks.
People who have group health policies through their employers generally do not have to sign up for Medicare when they turn 65. But there are exceptions. Making Sen$e Medicare Maven Phil Moeller fills you in on the rules and takes your questions about comparison shopping during this second to last week of open enrollment. Continue reading
If an employer requires a college degree, an applicant without one will likely lose out. But if you’ve already won an interview, you have an opportunity to demonstrate how you’d do the job effectively. Headhunter Nick Corcodilos tells you how to do that, and lets you in on the dirty little secret about college degrees and the job market. Continue reading
If you are going to file for your Social Security retirement benefit early, and you play your cards right, Larry Kotlikoff has a new trick for you to maximize your benefits.
The Federal Reserve ended its bond buying program, known as quantitative easing, at its latest policy meeting in October. But economist Terry Burnham isn’t buying that. He sees a form of “stealth QE” continuing where the Fed buys even more bonds with the interest it earns on its balance sheet. Continue reading
In the past few years, Black Friday shopping sales have crept into Thanksgiving Day as stores try to gain an advantage over their competitors at the start of the holiday shopping season. Hari Sreenivasan speaks with Stephen Greenhouse of the New York Times about how the practice of opening stores on Thanksgiving is getting backlash within the business community. Continue reading