Business and Economy

Around the Nation
3:17 pm
Thu May 15, 2014

Online Gambling In The Garden State Gets Off To A Slow Start

Originally published on Thu May 15, 2014 7:18 pm

Jason Schlachter has been gambling for a living since college, mostly online, and he makes lots of money doing it. The trouble is, New Jersey — where he does his gambling — isn't having the same success. The state legalized online gambling in 2013, expecting a $160 million windfall in tax revenue, but it has earned less than $8 million so far. WNYC's Jessica Gould looks at what's gone wrong with New Jersey's big bet.

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Politics
3:05 pm
Thu May 15, 2014

On The Hill And Off It, Two Different GOP Positions On Minimum Wage

Originally published on Thu May 15, 2014 7:18 pm

Prominent Republicans — including former presidential candidates Mitt Romney, Rick Santorum and Tim Pawlenty — have endorsed a minimum wage hike in recent weeks. And in Vermont, lawmakers approved the nation's highest statewide minimum wage, in a deal brokered by a Republican state senator. Nevertheless, a nationwide increase faces solid Republican opposition in Congress.

Technology
3:05 pm
Thu May 15, 2014

FCC Votes To Open Debate On New Net Neutrality Rules

Originally published on Thu May 15, 2014 7:18 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Federal Communications Commission meetings usually don't cause much excitement, but today's did. The FCC voted to open up public debate on proposed Internet rules. There were protests before and during the meeting. And inside the meeting room and across the country, there's a lot of concern that the Web, as we know it, is in peril.

NPR's Laura Sydell has more.

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War On Poverty, 50 Years Later
3:05 pm
Thu May 15, 2014

In Pricey Cities, Being A Bohemian Starving Artist Gets Old Fast

Rolando Villazon and Alexia Voulgaridou star as Rodolfo and Mimi in a June 2001 production of Giacomo Puccini's opera La Boheme. Some real-life artists say the story cuts a little close to home.
Arno Balzarini AP

Originally published on Thu May 15, 2014 7:18 pm

There are very few professions where poverty is romanticized, but if you're a Franciscan friar or an artist, being poor is seen as somehow ennobling. Josh Shaw, who ran a recent Pacific Opera Project production of La Boheme in Los Angeles, says the opera's famous story of starving artists hits a little close to home.

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Business
2:59 pm
Thu May 15, 2014

Housing Is Perking Up, But Realtors Worry About Young Buyers

iStockphoto

Originally published on Mon May 19, 2014 4:25 pm

The U.S. housing market is strengthening after a tough winter, according to economists at a Realtors convention in Washington.

But even as the short-term outlook brightens, they remain worried about a long-term problem with "missing" young buyers.

"There really are serious issues in the first-time-buyer market," Eric Belsky, managing director of Harvard's Joint Center of Housing Studies, told the National Association of Realtors on Thursday.

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All Tech Considered
11:07 am
Thu May 15, 2014

Solar-Powered Bike Lock Aims To Be The Airbnb Of Bike-Sharing

The Skylock is solar-powered and can send messages to let a bike owner know if it's being tampered with.
Skylock

Originally published on Fri May 16, 2014 1:32 pm

In our "Weekly Innovation" blog series, we explore an interesting idea, design or product that you may not have heard of yet. Do you have an innovation to share? Submit it with this form.

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The Two-Way
10:38 am
Thu May 15, 2014

FCC Gives Initial OK To New Internet Traffic Rules

Demonstrators protest outside the Federal Communications Commission Thursday. The agency voted to open new proposed rules for public comment, including a discussion of whether "paid prioritization" should be banned.
Alex Wong Getty Images

Originally published on Thu May 15, 2014 4:40 pm

New rules for how Internet traffic is governed were officially unveiled and approved for public comment following a 3-2 vote Thursday by members of the Federal Communications Commission.

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Planet Money
4:31 am
Thu May 15, 2014

Why Inflation Is So Low

Originally published on Thu May 15, 2014 2:55 pm

With the Federal Reserve pumping trillions of dollars into the economy the past several years, why has inflation remained so low?

Business
4:24 am
Thu May 15, 2014

TV Networks Use Elaborate Showcase To Pitch Shows To Advertisers

Originally published on Thu May 15, 2014 9:55 am

Renee Montagne talks to Kim Masters, who's covering the upfronts for The Hollywood Reporter, about some of the new shows, and how the networks are faring in an increasingly competitive environment.

NPR Story
4:12 am
Thu May 15, 2014

Travel Plans Are Looking Up For Airline Industry

Originally published on Thu May 15, 2014 9:55 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with friendly skies for airlines.

After a brutal winter, which hurt both American's travels plans and airline profits, things are looking up. More than 200 million passengers are expected to fly on U.S.-based airlines this summer.

According to a leading industry group, A4A, that is the most since the financial crisis six years ago. This included a projected record number of passengers flying from the U.S. to international destinations. Transcript provided by NPR, Copyright NPR.

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