Jul 21 Watch Soaring Food Costs Hit Indonesian Families’ Budgets The price of rice has risen 25 percent in less than a year in Indonesia, and more families have stunted or malnourished children as a results of soaring costs. Continue watching
Jul 15 Is the ‘Pain At the Pump’ Fair? Larry Bessler purchases gasoline at a Shell station in Chicago, Illinois. Photo by Scott Olson/Getty Images. Name: Stephen Sohasky Jr. Question: Adjusted for inflation, I believe gasoline should be about $4.53 per gallon. The local news stations are making… Continue reading
Jun 28 Latest Housing Prices More Than 30% Below Peak This month's Case-Shiller Home Price Index is out and, rather than paraphrase or plagiarize Phil Izzo's succinct account for The Wall Street Journal's Real Time Economics blog, how about we reproduce it? S&P/Case-Shiller home-price… Continue reading
Jun 28 Latest Housing Prices More Than 30% Below Peak This month's Case-Shiller index is out and, rather than paraphrase or plagiarize Phil Izzo's succinct account on the Wall Street Journal blog, Real Time Economics, how about we reproduce it? "S&P/Case-Shiller home-price data showed… Continue reading
Jun 28 Food Prices Hit Small Town Indonesia By Talea Miller Families in Marunda, Indonesia are facing declining salaries just as global food prices are on the rise. Continue reading
May 16 ‘Demand’ Driving Inflation? A Viewer Begs to Differ A complaint lodged with the PBS Ombudsman was passed along after Friday's broadcast and seemed worth answering in a public forum. "I do not understand why Paul Solman did not challenge Roberto Rigobon when he said rising prices… Continue reading
Apr 19 S&P’s Dire Warning: Of Any Significance At All? Call me a contrarian -- or just your garden-variety journalist/skeptic -- but when I read the much-ballyhooed Standard & Poor's announcement yesterday, I shook my shiny head. "Because the U.S. has, relative to its AAA peers, what we consider… Continue reading
Nov 25 Watch Making AIDS Drugs Affordable Here and Abroad Spencer Michels profiles the company that makes the HIV medicine, and the strides to make it affordable to those in the U.S. and poorer countries. Continue watching
May 06 Picasso Price Helps Paint a Prettier Picture for the Art Market By Molly Finnegan This week, the art market continued to show strong signs of recovery as leading auction houses Sotheby's and Christie's held their Impressionist and Modern art sales, setting records and at least tripling the total brought in by the same auctions… Continue reading
Jan 05 Going, Going, Gone: 2009 Was a ‘Recession Battered’ Year As early as mid-2007, there was speculation that the bubble had begun to deflate, and by late 2008 it had burst outright, laying the groundwork for a rough 2009. Sales at Sotheby's and Christie's each declined around 50% from the… Continue reading