Feb 07 Obama: Scaling back college savings benefits wasn't worth it By Nedra Pickler, Associated Press President Barack Obama said Friday that he dropped a widely criticized plan to scale back tax benefits for college savings accounts because the savings weren't worth it. Continue reading
Feb 06 Watch 7:01 How music on demand is killing the album By PBS News Hour To be able to listen to a favorite song, you used to have to buy a whole album. But the rise of digital sales and streaming music has unbundled the single from the rest of the record. What does that… Continue watching
Feb 06 Watch 5:16 Job growth on a roll, will wages follow? By PBS News Hour The recovering U.S. economy has made its strongest showing yet. Employers created a million jobs since November -- the best three-month average in 17 years. And January also boasted the biggest wage rise in six years. But not all sectors… Continue watching
Feb 06 Watch 9:24 Will new manufacturing ease Mississippi's 'psychosis of poverty?' By PBS News Hour In Mississippi, where the unemployment rate peaks at 15 percent in some areas, pockets of new manufacturing have ignited hopes for an economic rebirth. And while signs of growth give some people hope for a new era, how much will… Continue watching
Feb 06 Why a higher unemployment rate may be good news for the economy By Simone Pathe The unemployment rate increased from 5.6 to 5.7 percent in the first month of 2015, but economists greeted that as good news. Even more encouraging, the economy added 257,000 jobs in January and average hourly earnings were up 12 cents. Continue reading
Feb 05 Watch 8:23 What 'Gangnam Style' can teach us about the Psy-chology of investing By PBS News Hour Continue watching
Feb 05 In Venezuela, a box of condoms runs $755 as oil prices plummet By Marina Lopes As the petroleum-rich country’s economy is slammed by falling oil prices, expensive imports like condoms are becoming a luxury only the wealthy can afford. Continue reading
Feb 05 Finally, random admissions: How one Yale class chooses its students By Vikram Mansharamani Vikram Mansharamani's business ethics class at Yale was so oversubscribed, he let the students decide who'd gain entry to the course. What followed was a true lesson in business ethics, where random selection was the final arbiter, and transparency was… Continue reading
Feb 04 Watch 9:08 Can the music industry survive the streaming revolution? By PBS News Hour Do streaming services like Spotify and Pandora hurt musicians? Artists, established and aspiring, can flow both ways on the debate, but there’s no denying that the new model has had a dramatic impact on the industry and its profits. Hari… Continue watching
Feb 04 In the age of streaming music, just how much is a listen worth? By Sarah McHaney Enter the age of streaming music. In 2014 alone, Americans streamed 164 million songs through a variety of streaming services including Spotify, Pandora and Google Play Music. In the past few months, questions have been raised about how much artists… Continue reading