An Iran nuclear deal could mean a new arms race in the Middle East—or improved relations between historic enemies, experts told CNBC. “To some extent, [a Middle East arms race] is already happening. And it’s not just because of an Iranian nuclear program or a deal, it’s the threat perception—the perception that Iran is ascendant … Continue reading
Category Archives: Politics & Economics
Greek crisis intensifies: Tourists begin to worry
Tourists are starting to worry about Greece’s economic crisis—a sign that the country’s tourism industry, which accounts for nearly 20 percent of GDP, could experience a slowdown if the financial situation worsens. But visitors shouldn’t necessarily cancel their plans, according to travel experts. Read the full article here Continue reading
In ‘Little Athens,’ Greeks torn over debt crisis fix
For residents of New York’s “Little Athens,” Greece‘s debt crisis hits close to home. Signs written in Greek and blue and white flags pepper Ditmars Boulevard in Astoria, but beneath the loyalty and pride on the streets of the Queens neighborhood, there’s an uneasiness about Greece’s future. If public sentiment here is any indication, Greeks … Continue reading
A 9-year-old in Washington builds on her girl power
Hailey Fort isn’t using power tools to build a clubhouse for herself, she’s building mobile homes for the homeless. At age 9, she’s changing the definition of girl power. In less than two weeks, the girl from Bremerton, Washington, has crowdfunded nearly $30,000 to sponsor her work providing food and building houses for the homeless. … Continue reading
April Jobs Report Exceeds Expectation
The stock market closed higher on Friday, riding the good news of this month’s jobs report. The U.S. economy added 223,000 non-farm jobs in April, according to Friday’s report from the Bureau of Labor Statistics. The number exceeded expectation and signals brighter days ahead for an economy some feared was stalling. The promising numbers come after … Continue reading
Refinery Strikes Had Little Impact on Gas Prices That Will Continue to Fall
Some experts speculated that the United Steelworkers strike, the largest oil refinery strike in over three decades, would send gas prices upward. But after six weeks, the strike is essentially over and gas prices are set to fall again. Right before the strike ended, Fitch Analytics released a report saying that the strikes could send … Continue reading
Anchoring and Reporting on Local Public TV
A few of us are working to redefine TV news, check out our first episode – including stories on drug addiction, graffiti art and my sit down conversation with active members of #BlackLivesMatter. Continue reading
Personal Income, Spending Rates Fall Short
Personal income grew less than expected and personal spending decreased more than expected in January. Still, both indicators are faring better on a year-over-year basis. The January report, released by the Bureau of Economic Analysis, disappointed economists who hoped recent increases in wages and total number of jobs would translate into a growth in personal … Continue reading
Where Exactly Do You Stand on Gentrification?
Video featured in CityLimits article on gentrification: View the full article on CityLimits Continue reading
Generic or Brand Name? Why You Need to Compare
A recent report revealed that the more educated a person is, the more likely he or she is to buy store brand products, a surefire ego boost to all us penny-savers out there. But while smart consumers may be more willing to buy generic, it takes an even smarter consumer to know that when it comes to … Continue reading