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economics
Friday, March 7, 2008 | 11:00 AM

Here’s a little something to chew on while you get your income tax files together this season. Median income in the USA is $48,000. Average annual income of the top four hundred taxpayers? Two hundred and fourteen million dollars. Yep. Two hundred and fourteen million. Their share of the nation’s income has doubled since 1995. […]

 
Thursday, March 6, 2008 | 11:00 AM

Despite all evidence, for a lot of Americans, the world — or their sense of it — and the American place in it seems frozen in about 1999. The Soviet Union — vanquished. The American economy — number one, of course. American might and influence — unchallenged. The USA — a master superpower. Scholar Parag […]

 
Tuesday, March 4, 2008 | 11:00 AM

If you want to see the madness and the grisly aftermath of the U.S. housing boom and bust, look at Florida. It’s not alone. Vegas, Phoenix, San Diego, Detroit — they’ve all got horror-story numbers now. But the biggest home price drops in the country were in Miami last year. Empty condos, collapsing values. The […]

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Thursday, February 28, 2008 | 10:00 AM

It is scary out there in the world of economic indicators. Inflation is at its highest rate in a quarter century. Home prices are getting low and lower. Factory orders are lousy. The U.S. dollar is plummeting. It’s no wonder consumer confidence is on the rocks. Never mind recession — some days it sounds like […]

 
Tuesday, February 12, 2008 | 10:00 AM

In China, pork has become so expensive they’re stealing pigs by the truckload. In Kansas, it’s wheat. In Mexico, they’ve got tortilla riots over the cost of corn. In American supermarkets, the price of milk and eggs has soared. All over the world, the price of food is headed up. Sometimes way up. And an […]

 
Wednesday, February 6, 2008 | 11:00 AM

In 1758, Benjamin Franklin published a collection of homey aphorisms that Americans may soon be re-reading around their 2008 kitchen tables. “A penny saved is a penny earned,” wrote Franklin. And “the Borrower is the slave to the Lender.” And “be frugal and be free.” Truth is, old Ben knew how to live high on […]

 
Thursday, January 31, 2008 | 10:00 AM

The travel posters from Kenya are all “Out of Africa” beauty, safari paradise shots and handsome Masai tribesmen with their red robes and spears. And for decades, Kenya was held up as East Africa’s great hope for democracy and development. But in the last month, after a disputed — observers say stolen — presidential election, […]

 
Wednesday, January 30, 2008 | 11:00 AM

From the misty, half-attuned, still-in-the-American-Century shores of the United States, China and India can look like peas in a pod: two rising Asian giants with screaming growth rates and lots of what used to be American jobs. Look closer, and these are very different cats. China is the factory floor and India the back-office, software […]

 
Wednesday, January 23, 2008 | 10:00 AM

In the world’s hyper-ventilating global stock markets, the bleeding has slowed, for the moment. After two days of outright panic on markets in Bombay and Hong Kong and across Europe, the US Federal Reserve Bank jammed through a huge rate cut. President Bush and Henry Paulson and Congressional leaders hustled to a big photo op, […]

 
Thursday, January 10, 2008 | 10:00 AM

OK, here’s the blue economy scenario for 2008. Housing prices keep falling. Credit stays tight. Consumers choke. In retailing, restaurants, travel and more, jobs vanish. In real estate, construction and banking, investment seizes up. Money retreats. Growth is gone. And we’ve got a recession on our hands. For months, economists have debated whether it’s here […]

 
ONPOINT
TODAY
Dec 19, 2014
Alan Gross, waves as he and his wife Judy leave following his statement at his lawyer's office in Washington, Wednesday, Dec. 17, 2014. Gross was released from Cuba after 5 years in a Cuban prison. (AP)

Cuba reset. Russia’s rubble troubles. School massacre in Pakistan. Jeb explores 2016. Our weekly news roundtable goes behind the headlines.

Dec 19, 2014
Soledad, and from left, Nina Pastori, and Lila Downs perform on stage at the Latin Recording Academy Person of the Year Tribute honoring Joan Manuel Serrat at the Mandalay Bay Resort and Casino on Wednesday, Nov. 19, 2014, in Las Vegas. (AP)

From crossover hits to hip-hop to soul, we look at a big year in the wide world of Latin music.

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Dec 18, 2014
A poster for the movie "The Interview" is carried away by a worker after being pulled from a display case at a Carmike Cinemas movie theater, Wednesday, Dec. 17, 2014, in Atlanta. (AP)

A big Sony hack gets weirder and wider. And Hollywood and Homeland Security are on edge.

 
Dec 18, 2014
This handout photo from the Twitter account of Sen. Jeff Flake, R-Ariz. shows Alan Gross arriving at Andrews Air Force Base, Md., Wednesday, Dec. 17, 2014. The US and Cuba have agreed to re-establish diplomatic relations and open economic and travel ties, marking a historic shift in U.S. policy toward the communist island after a half-century of enmity dating back to the Cold War, American officials said Wednesday. (AP)

Following months of secret talks the US will restore full diplomatic relations with Cuba after more than fifty years.

On Point Blog
On Point Blog
Our Week In The Web: December 19, 2014
Friday, Dec 19, 2014

Rage, shortlinks and things you people seem to be into, we guess. Also, Putin.

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Cosby Accuser Beverly Johnson: ‘He's A Black Man. I Had To Separate The Trayvon Martins, The Michael Browns From What Happened To Me’
Tuesday, Dec 16, 2014

Beverly Johnson accused comedian Bill Cosby of drugging her in a high-profile Vanity Fair column. She tells us why she waited so long to share her story, and why it was even harder to share now.

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Our Week In The Web: December 12, 2014
Friday, Dec 12, 2014

On listener engagement, the meeting of trans-Atlantic royalty and the elusive origins of the chicken. (We promise this feed hasn’t been taken over the BBC…yet)

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