Darth Vader has posted on Instagram a photo of his face — more precisely his iconic black helmet. The photo launched the Star Wars Instagram account — a marketing effort by Disney which has a new release out this month.
Bangladesh is the cheapest place in the world to make a T-shirt. But this month, the minimum wage there will rise from $39 a month to $68 a month. That's got some factory owners nervous about whether Western retailers there will pull out. Our Planet Money team examines the future of the garment industry in Bangladesh.
In the debate over whether to cut the food stamp program, members of Congress are looking at two pretty arcane provisions in the law. People who want to cut food stamps call the provisions loopholes. People who don't want to cut food stamps say they're efficient ways to get benefits to those who need them most.
1. Categorical Eligibility
People who qualify for one means-tested program — like welfare — can automatically qualify for other programs — like food stamps. This is called "categorical eligibility."
The Obama administration is renewing its sales push for the president's signature health care law. On Wednesday, officials host a "youth summit" at the White House, where young people will be encouraged to sign up for insurance coverage. Their participation is crucial to help balance out the cost of insuring older, sicker people.
A federal judge has ruled Detroit qualifies for bankruptcy. But the cash-strapped city, laden with roughly $18 billion in long-term debt, faces a long road to regain financial solvency. Unions whose members face pension payment cuts are appealing the ruling, and the ultimate decision about paying the pensions may be made by the U.S. Supreme Court.
The 21st Amendment of the Constitution was ratified 80 years ago — ending the prohibition of alcohol as imposed by the 18th Amendment in 1920. There is no denying alcohol does play a big role in our economy. According to the National Beer Wholesalers Association, 1.78 million Americans are employed by the brewing industry alone.
Washington is the second state to adopt rules for the recreational sale of marijuana. Some entrepreneurs see state-licensed pot as a golden ticket, but other growers aren't sure applying for a license makes good business sense.
Washington residents thinking about jumping into the state's new legal marijuana industry need to act soon. The deadline to apply for a state license to sell recreational pot is Dec. 19, and the applications are flooding in.
Danielle Rosellison, a loan officer in Bellingham, Wash., applied for her pot-growing license on the first day. "It's so cool," she says, laughing. "We have butterflies in our stomach all the time. I feel like they're all shot up on adrenaline."
To Rosellison and her husband, a stay-at-home dad, legal marijuana is an opportunity to change their lives.