PODCAST · business
Financial 411
by WNYC
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 each weekday. This financial wrap delivers highlights of the day's business news delivered by WNYC's reporters with context, clarity and a New York perspective.
Episodes
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Financial 411: Weekly Business Roundup
Markets Stocks were mixed Friday. The Dow declined 43 points, ending the week at 12,681. But positive reports from chipmakers pushed the Nasdaq 24 points higher, to 2,859. The S&P 500 gained a single point, settling at 1,345.
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Financial 411: Gauging Reaction to the News Corp. Scandal in New York
Latest Unemployment Numbers New York State and New York City both saw their June unemployment rates tick up to 8 percent and 8.7 percent, respectively. In the city, the securities industry shed 2,000 jobs last month. Local government took an even bigger hit, losing 2,700 jobs. Restaurants and...
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Financial 411: The Hudson Yards Project
Debt Talks Continue on Capitol Hill President Barack Obama said he's now open to a short-term deal to raise the nation's debt ceiling if it will allow time for a broader plan to be put in place. There are 13 days left before the August 2 deadline, when the U.S. risks defaulting on its financial...
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Financial 411: Drawing Tech Companies to NYC
City officials want to attract a major research institution to open a new science and engineering campus in New York City.
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Financial 411: Has London's Phone-Hacking Scandal Jumped Across the Pond?
The scandal may have just jumped the pond. The FBI has opened an investigation into allegations that Rupert Murdoch's News Corp. tried to hack the phones of September 11, 2001, victims. The company told WNYC it has no comment.
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Financial 411: Managing Your Manager
Markets After three days of losses, markets returned to positive territory on Wednesday, spurred on by Federal Reserve Chairman Ben Bernanke's comment that the Fed is prepared to do more to stimulate the economy if it falters. News Corporation added 58 cents after the beleaguered media giant...
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Financial 411: Reviewing the Business Headlines
Markets fell on Tuesday after the rating agency Moody’s cut Ireland’s credit rating to junk status. The Dow dropped 59 points, closing at 12,447. The S&P 500 was down six points, closing at 1,314. The Nasdaq fell 21 points, closing at 2,782.
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Financial 411: The Business Week Ahead
It was a rocky start to trading this week, as fears about Europe's debt crisis seized investors. The Dow fell 151 points, to close at 12,506 on Monday. The S&P 500 dropped 24 points, to end at 1,319. And the Nasdaq dropped 57 points, to close at 2,803.
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Financial 411: Making the Time to Think
As part of our weekly look at issues in the workplace, we talk with management consultant Peter Bregman, who says that in our driven, fast-paced, productivity-focused lives we are losing our ability to take time out of our day to slow down and just think.
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Financial 411: The Business Week Ahead
Markets Wall Street was flat on Tuesday, after resuming trading following Monday's holiday and last week's strong finish. The Dow Jones dropped 13 points, to 12,570. The S&P 500 dipped two points, closing at 1,338. The NASDAQ bucked the trend, gaining 10 points, to end the day at 2,826.
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Financial 411: All About Bitcoin
Tuesday marks the last day of the Federal Reserve's QE2 or quantitative easing, a program to strengthen the U.S. economy through the purchase of $600 billion in bonds. As it comes to a close, QE2 is getting mixed reviews. The economy is growing, but at a lackluster pace. Stock are up, but the...
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Financial 411: Pressure on Local Government
The big worry last summer was the possibility of states across the country defaulting on their debts.
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Financial 411: Is it Better to Rent, or Buy?
IMF Appoints New Chief French Finance Minister Christine Lagarde has been chosen to lead the International Monetary Fund after receiving the support of the Obama administration. She will become the first female leader of the organization and steps in after the former chief, Dominique…
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Financial 411: The Week Ahead in Business
Markets A bit of hope returned to Wall Street on Monday, after signs that that the debt crisis in Europe could be avoided. That sent stocks up a percentage point. The Dow Jones gained 109 points, to close at 12,044. The S&P 500 gained 12 points, ending at 1,280. And the NASDAQ added 35 points, to...
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Financial 411: The Tech Bubble
In trading on Thursday, LinkedIn, the social networking site for career-minded individuals, gained $3.50, or five percent, to $70.32. And, Pandora, the company that lets you design your own internet radio station, added 66 cents, or five percent, closing at $14 a share.
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Financial 411: Lobbying Continues in Washington After the Laws are Signed
You might think the lobbying in Washington, D.C., stops on a piece of legislation once it's signed into law.
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Financial 411: Travel Plans a Go Despite Economy
Many Americans appear determined to go on a vacation this summer despite their anxieties about the economy. But they will have to make an extra effort to find savings, with gas prices and air fares both higher than they were last year.
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Financial 411: A Look at the Latest Jobs Numbers
New York City and state's unemployment rates stayed steady last month — at 8.6 and 7.9 percent, respectively.
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Financial 411: Did the Fed's Quantitative Easing Work?
The Federal Reserve's sometimes-controversial program of quantitative easing, or QE2, comes to an end in 15 days.
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Financial 411: A Year After Dodd-Frank, New Rules Behind Schedule
It's been nearly a year since sweeping changes to the financial regulatory system were signed into law. That law, known as Dodd-Frank, is supposed to create a new set of rules for the banking industry to prevent another so-called Great Recession.
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Financial 411: A Look at the Week Ahead
Economic Concerns Continue What's the cure for an ailing economy? Time. That's the overwhelming response from several leading economists polled by the Associated Press. The survey found that many of them are now lowering their expectations for job growth and economic expansion for the rest of the...
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Financial 411: Developers, Workers Spar on Contracts
New York City has been transformed in the past decade by a construction boom, which created not just office buildings but lots of new condos. The recession put an end to the rapid growth. Construction has dropped 22 percent since 2008.
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Financial 411: New York City's Design Sector
Throughout the recession and the recovery, New York City's jobless rate has been lower than the nation's as a whole. It was 8.6 percent in April in the city, compared with 9.1 percent for the entire U.S.
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Financial 411: Can New York City Surpass Silicon Valley as a Tech Center?
It's Internet Week, and all week long, the city has organized events designed to celebrate the local technology industry.
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Financial 411: New York Public Radio to Buy Four NJ Stations
New Jersey is out of the radio business, and will no longer manage its own television station.
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Financial 411: New Cases in the Insider Trading Probe
Even if the federal government hasn't criminally charged any of the big banks or their top executives for their role in the 2008 financial meltdown, there is one issue prosecutors have aggressively pursued: insider trading.
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Financial 411: SUNY's Impact on New York's Economy
Potential Deal for SUNY Tuition Increase Governor Andrew Cuomo and legislative leaders said they are negotiating what could be a 5-percent increase in tuition for the State University of New York.If the deal is reached in the final 10 days of the legislative session, most of the 64 campuses would...
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Financial 411: Case-Shiller Confirms Housing Dip
Housing Continues Its SlumpHome prices have reached their lowest level since the housing bubble burst in 2006.
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Financial 411: The Rise of E-Readers
North America's largest book show, BookExpo America, wrapped up Thursday at the Javits Center in Midtown Manhattan, and the makers of several e-readers unveiled their latest tablets:. Barnes & Nobles, which makes the Nook, and Toronto-based Kobo introduced touch screen e-readers.
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Financial 411: Labor Unions Eye a New Target
Labor unions have gone after Wal-mart for years — attacking the world's largest retailer for providing poor wages and benefits and driving small businesses out of business. Now, organized labor has its eye on another big-box retailer: Target. Workers at a Target store in Valley Stream, Long…
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Financial 411: Continuing the Conversation about Stress in the Workplace
Last week, our talk about workplace stress with consultant Peter Bregman definitely hit a nerve — and the conversation isn't over.
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Financial 411: Budget Talks Heat Up in NYC
Markets U.S. stocks plunged to monthly lows because of new worries about the growing debt crisis in several European cities. From Spain, where the ruling Socialist party was defeated in weekend elections, to Standard & Poor's warning that it could lower Italy's debt rating, to renewed worries…
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Financial 411: Jobs, Jobs, Jobs
The unemployment rate in New York dropped last month, as private employers continue to hire more people. In the city, it's now 8.6 percent.
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Financial 411: Tracking Changes in the Housing Market
What is up with the housing market? On Wednesday, the government said new home construction fell nearly 11 percent in April. But Thursday, we expect the National Association of Realtors to tell us that existing home sales grew last month, albeit modestly.
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Financial 411: Coping With Workplace Stress in a Stressful Economy
Big business is often a major topic on the 411. But the focus on Tuesday is a micro talk about your business, and, more specifically, your workplace.
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Financial 411: IMF Chief Jailed, U.S. Reaches Debt Limit
IMF Head Jailed, Denied BailThe head of the International Monetary Fund, Dominique Strauss-Kahn, remains in police custody, after a criminal court judge in Manhattan denied him bail Monday, citing concerns that he'd flee the country.
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Financial 411: Nassau County Mulls Sports Arena, Casino
Rajaratnum Convicted on Federal Fraud ChargesA Manhattan jury has convicted former hedge fund manager Raj Rajaratnam on 14 federal fraud and conspiracy charges. Authorities said the insider trading case against him is the biggest ever involving a hedge fund.
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Financial 411: A Look at Credit Card Rules, Two Years Later
Microsoft to Buy Skype for $8.5 BillionMicrosoft said it will buy Skype, the Internet telephone service, for $8.5 billion. The tech company said communications are the backbone of the company, and that Skype's services will be combined with existing Microsoft products. The deal would be the…
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Financial 411: U.S., China Talk Economics
Oil Prices Rising, AgainOil prices rose sharply Monday, reversing much of last week's big drop. A barrel of oil rose more than $5 and is back over $100. Analysts suggest there hasn't been any particular change in the oil markets and that these wild swings could be the result of speculators....
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Financial 411: The 'Flash Crash,' a Year Later
Crude Oil Prices Fall What goes up, also comes down. Crude oil, which has been trading sharply higher this year, plunged nearly nine percent on Thursday. That's the sharpest one-day drop in more than two years.The price of a barrel dipped below $100, as economists voiced concerns about the...
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Financial 411: Government Sues Deutsche Bank
Fuel-Efficient Cars Benefit from High Gas PricesHigh gas prices are driving sales of small, fuel-efficient cars. General Motors and Ford posted double-digit growth for April, with profits driven in large part by smaller models that use less gas, like the Chevrolet Cruze and the Ford Focus....
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Financial 411: Osama bin Laden's Effect on the Global Economy
Osama bin Laden and the Global Economy There was really only one major news story on Monday: the death of Osama bin Laden. And as people in New York City and around the nation reacted to this major event, those in the financial industry were trying to sort out what this may mean for the economy.
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Financial 411: Xanadu Rescue in the Works
Economy Grows, Albeit SlowlyThe economy grew at a disappointing 1.8 percent annual rate in the first three months of 2011. That's down from 3.1 percent in the final months of last year. The drop is being blamed on harsh winter weather, the ongoing slump in the housing market and higher oil and...
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Financial 411: A Look at Madoff's Effect on Financial Regulations
MarketsStocks kept their earlier gains, as Federal Reserve Chairman Ben Bernanke repeated the central bank's view that there's little evidence of inflation, and that it does not plan to raise interest rates any time soon. It was Bernanke's first news conference, and he fielded questions for…
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Financial 411: Oil Prices Rise, Obama's Approval Rating Falls
Housing Prices Still FallingNews that housing prices in most large American cities fell for a seventh straight month has analysts worried about the effect on other sectors of the housing industry.
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Financial 411: Deliberations Begin in Rajaratnum Trial
MarketsStocks fell Monday on light volume a day after the Easter holiday. Investors pushed stocks down, worried that inflation could cut into corporate profits.
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Financial 411: A Look at This Year's New York City Auto Show
The New York International Auto Show opens to the public Friday at the Jacob Javits Center. While there are dozens of new cars and trucks on display, what's really getting drivers' attention is the rising price of gas. AAA said a gallon of regular now costs an average of $4.14 in New York City....
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Financial 411: Stocks Surge on Strong Earnings
Dow at highest level since 2008What a difference a few days make. The week started off with a sharp drop in the stock market after S&P lowered its outlook on U.S. debt. But Wednesday, stocks soared after several companies like Intel and Yahoo reported strong profits in the first three months of...
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Financial 411: Stocks Slide on S&P Warning
S&P May Downgrade Government Debt Rating Standard & Poor's warned Monday that it might lower its rating on U.S. government debt, sending stocks on their worst slide in a month.
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Financial 411: The Weekly Round-Up
Consumer Prices on the Rise Get ready to continue paying more some of the basic necessities. Consumer prices rose a half of a percent last month, mostly because of soaring gas and food prices. Luckily, people have a bit more money to spend thanks to a one-year cut to Social Security taxes. But…
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Frequently Asked Questions
How many episodes does Financial 411 have?
Financial 411 currently has 637 episodes available on PodParley. New episodes are automatically indexed when they're published to the podcast feed.
What is Financial 411 about?
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 each weekday. This financial wrap delivers highlights of the day's business news delivered by WNYC's reporters with context, clarity and a New York perspective.
How often does Financial 411 release new episodes?
Financial 411 releases new episodes frequently with a large back catalog of 637 episodes. Check the episode list for recent publication dates.
Where can I listen to Financial 411?
You can listen to Financial 411 on PodParley by clicking any episode. We provide an embedded audio player for direct listening, and you can also subscribe via your preferred podcast app using the RSS feed.
Who hosts Financial 411?
Financial 411 is created and hosted by WNYC.
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