Business/Economy | KERA News

Business/Economy

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Kai Ryssdal

Another key job in the Trump administration has been filled. Retired Marine Corps General James Mattis is the president-elect's pick for Secretary of Defense and the official announcement comes Monday.

It is unconventional to name a retired general officer to run the Pentagon for several reasons, some of which Erin Simpson lays out in a new piece at the commentary website War on the Rocks.

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Kai Ryssdal

There are some exciting new developments in the world of Snapchat — or rather, Snap Inc., their new name in a corporate re-branding undertaken by Chief Strategy Officer Imran Khan. According to Khan, Snap Inc. accommodates the company's expansion beyond social media into camera technology at large.

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Mitchell Hartman

The November unemployment rate, at 4.6 percent, is low. But the jobs are still disappearing in some sectors. In manufacturing, for instance: down 4,000 jobs from October, continuing a long-term trend.

So what’s that mean for workers?

Click the above audio player to hear the full story.

Get ready for a higher-end cup of coffee

19 hours ago
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Marielle Segarra

Starbucks CEO Howard Schultz is stepping out of daily operations at the coffee company to focus on the rollout of a new premium coffee brand, Starbucks Reserve. Schultz compared the effort to Ralph Lauren's launch of his high-end Purple label. But how has that brand done? And what lessons does Ralph Lauren have for Howard Schultz?

Click the above audio player to hear the full story.

Long and Short: Minimum wage and Gilmore Girls

20 hours ago
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Lizzie O'Leary and Hayley Hershman

The Los Angeles Times' Natalie Kitroeff and CNN Money's Tanzina Vega play the long and short game this week. They discuss fair wages, the myth of bringing jobs back to the U.S. and the "Gilmore Girls" revival.

Click the above audio player to hear the full story. 

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Daisy Palacios

The way Americans thought about house and home completely transformed between 1945-1973. The post-war period in America ushered in a big spike in spending on domestic goods, like appliances and decor. Home ownership rates increased, too. In 1940, 43.6 percent of Americans owned their home. By 1960, 61.9 percent did. This made the "nesting" aspect of Christmas, including exterior and interior decoration, a new category for holiday shopping.

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Phoebe Unterman

Even though the Big Mac isn’t as relevant as it used to be, McDonald’s still sells plenty of them — 500 million Big Macs are sold per year in the U.S. alone and the iconic burger is available in almost 100 countries, according to The New York Times.

Italy's referendum may reflect populist backlash

20 hours ago
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Sam Beard

First it was Brexit. Then Donald Trump’s presidential election victory. Where will the next politico-economic bombshell fall? It could be in Italy over the weekend. On Sunday, Italians vote in a referendum on constitutional reform. And the result could — conceivably — produce turmoil in financial markets.

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JaeRan Kim

It’s December, and if you’re heading out to do some shopping right now, you’ll notice a few things. One, there will definitely be annoying holiday music playing. Two, pretty good deals on coats, if you can find them. Three, for a lot of the country, it doesn’t feel like December weather-wise. Warmer winters are shrinking the market for winter clothing — and for the shares of companies that make it.

Click the above audio player to hear the full story.

Your office could be making you sick

21 hours ago
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Lizzie O'Leary and Eliza Mills

In offices across the country, someone is probably sneezing, spreading a cold that's been going around. It sometimes seems like when one person at work gets sick, it's only a matter of time before everyone does.

One potential reason why is the office itself. Most of the buildings we work in are completely sealed off from the outside world, in part to help save on heating and cooling costs.

But this can also mean that when someone gets sick, the germs just circulate through the ventilation system. 

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