20100806

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Wildfires Cause Air Travel Delays in Russia (Aug-6, 09:41 EDT )-- Russia struggled Friday to gain control of hundreds of wildfires that are clogging the skies with smog that has affected air travel.


Lackluster Private Hiring Reflects Economy's Struggles (Aug-6, 09:30 EDT )-- Private employers added new workers at a weak pace for the third straight month, underscoring the picture of a labor market still struggling to emerge from recession. The Labor Department said companies added just 71,000 jobs in July, while the economy...


A Weak Report, With Glimmers (Aug-6, 09:24 EDT )-- Today's unemployment report does not qualify as good news. But it offered a reason to hope the economy might be on the verge of picking up speed again.


Wall Street Lower After Disappointing Jobs Report (Aug-6, 09:20 EDT )-- Economists noted that the jobs report was the latest in a bleak raft of data including recent figures on retail sales and consumer spending disappointing.


U.S. Lost 131,000 Jobs in July, but Private Sector Grew (Aug-6, 09:20 EDT )-- The unemployment rate held at 9.5 percent as private employers added 71,000 jobs in July, fewer than forecast, while governments cut their payrolls by 221,000.


Is Health Care Special? (Aug-6, 08:25 EDT )-- Is there a moral dimension to making health care readily available, an economist asks?


Unemployment, The Economy And The Chicken-and-Egg Conundrum (Aug-6, 08:16 EDT )-- Job growth is lackluster because consumers won't spend, but consumers won't spend until the economy brightens. What can break the logjam?


Electronics Designers Struggle With Form, Function and Obsolescence (Aug-6, 07:59 EDT )-- Are electronics so breakable because they were never intended to last very long anyway?


Accounting Charge Aside, A.I.G.'s Profits Rise (Aug-6, 07:35 EDT )-- Excluding the charge, the firm reported a 17 percent rise in profit over the same time last year, as the insurance giant continues to undertake efforts to pay back its government lifeline.


R.B.S. Posts First Quarterly Profit in Three Years (Aug-6, 05:40 EDT )-- The Royal Bank of Scotland, which is majority government owned after a bailout, also said it had broken even for the first half of the year.


Monopoly Game: Rules Made To Be Broken? (Aug-6, 04:08 EDT )-- The board game can teach players about economics, but probably not in the way you might think. The game is steeped in the industrial economy of the early 20th century. Now, the relevant economics lessons in Monopoly come from the side deals.


Key Obama Economic Aide Resigning (Aug-6, 03:00 EDT )-- Christina Romer, one of President Obama's most pivotal economic advisers, is resigning. Romer has been head of the Council of Economic Advisers. She'll return to her job as professor of economics at the University of California, Berkeley.


Most Gulf Oil Is Out Of Site But Not Out Of Mind (Aug-6, 03:00 EDT )-- At the end of a week in which the Gulf oil leak was finally plugged, Morning Edition is asking about how much damage it really did. The government this week suggested things weren't so bad. Independent scientists aren't so sure. The spill has...


Poll: Hungarians Dress More Casually At Work (Aug-6, 03:00 EDT )-- A new poll by Reuters asked people in 24 countries about what sort of clothing was appropriate for work. If the results are any guide, Hungarian offices are the most casual. Just 12 percent of Hungarian workers said they wear a suit or dress clothes to...


Mortgage Rates Should Remain Low For Some Time (Aug-6, 03:00 EDT )-- Mortgage rates fell to another record low this week. Mortgage buyer Freddie Mac says the average 30-year fixed-rate mortgage dropped to 4.49 percent, the lowest in records that date to 1971. But steady declines in interest rates aren't helping the...


Obama Highlights Successes During Trip To Chicago (Aug-6, 03:00 EDT )-- President Obama visited a Ford plant in Chicago Thursday. He took credit for bringing the auto industry back from the brink, saying his decisions -- unpopular at the time -- made the turnaround possible.


N.J. Gov. Wants Investors To Bet On Atlantic City (Aug-6, 03:00 EDT )-- According to New Jersey Gov. Christie, Atlantic City is dying. Gaming revenue has dropped 25 percent in the last four years due to the recession and increased competition. Christie has a plan for the state to take charge of the gaming district in...


Greece Gets Good Progress Report (Aug-6, 02:00 EDT )-- International lenders cleared the way for Athens to receive the next piece of its bailout package, while Spain saw its borrowing costs drop.


Advertising: Whirlwind Moves Into G.M.รข€™s Marketing Office (Aug-6, 00:50 EDT )-- Since taking control of marketing at G.M., Joel Ewanick has changed creative agencies, hired other agencies for help with social media, and approved a Cadillac campaign.


High & Low Finance: Banks Resist Vouching for Their Mortgage Securities (Aug-6, 00:40 EDT )-- Wall Street banks that put together mortgage securities are resisting changes that might convince investors they are safe.


Genetically Modified Canola 'Escapes' Farm Fields (Aug-5, 23:05 EDT )-- Altered versions of the crop used in cooking oil have sprouted up far beyond the fields in which they were planted. Though the herbicide-resistant variety appears to pose no threat, scientists can use the canola crop to study how other genetically...


Consultant: Federal Aid Program Failing Homeowners (Aug-5, 23:03 EDT )-- A consultant says she was fired from Fannie Mae after she revealed the troubled financial institution was hindering -- not helping -- homeowners in trouble. She says Fannie Mae put its own agenda ahead of an Obama administration initiative to help...


Wyoming Considers Grand Teton Sale To Spur Feds (Aug-5, 23:01 EDT )-- The governor is threatening to sell off two parcels of state-owned land in Grand Teton National Park to private developers. The state wants the federal government to come up with a fair trade. The land is worth more than $100 million, but the state is...


Nebraska's Low Jobless Rate Defies National Data (Aug-5, 23:00 EDT )-- Nebraska's 4.8 percent unemployment rate is among the lowest in the country in part because its key industries have done well during the recession. But though it's doing better than most states, Nebraska is also trying to emerge from the economic...


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