Chris Arnold http://kwit.org en In June Jobs Numbers, Signs For Optimism http://kwit.org/post/june-jobs-numbers-signs-optimism Transcript <p>ROBERT SIEGEL, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.<p>MELISSA BLOCK, HOST: <p>And I'm Melissa Block. There are plenty of Fourth of July references being tossed around about the latest economic numbers. Some analysts call the new report early fireworks, others caution hold the fireworks. But overall, the news is positive. The Labor Department says employers added 288,000 new jobs last month - more than expected. The unemployment rate fell to 6.1 percent. And that's the lowest unemployment rate since 2008. The stock market hit an all-time high. Thu, 03 Jul 2014 20:09:00 +0000 Chris Arnold 47710 at http://kwit.org T-Mobile Accused Of Billing Customers With Bogus Fees http://kwit.org/post/t-mobile-accused-billing-customers-bogus-fees The Federal Trade Commission says the illegal charges were for premium services customers didn't order. T-Mobile says the suit is unfounded, and that it stopped billing for the services last year. Wed, 02 Jul 2014 09:04:00 +0000 Chris Arnold 47605 at http://kwit.org Housing Market Fake-Outs Stump Economists http://kwit.org/post/housing-market-fake-outs-stump-economists Many homebuyers have been throwing down cold hard cash for their entire house purchase in recent years. Some are baby-boomers who sold a bigger house and are downsizing. Some are investors. Sun, 29 Jun 2014 16:31:00 +0000 Chris Arnold 47441 at http://kwit.org Housing Market Fake-Outs Stump Economists Sluggish Housing Market A Product Of Millions Of 'Missing Households' http://kwit.org/post/housing-market-sluggish-due-millions-missing-households A year ago, the housing market looked like it was finally recovering. Sales and prices were picking up. But then home sales fizzled. Currently, they are down about 7 percent from last spring.<p>A big part of why housing remains so stunted is that there are more than 2 million "missing households" in the U.S. That's how economists describe the fact that fewer people are striking out on their own to find places to live.<p>Instead of renting an apartment or buying a home, a large number of Americans in their 20s and early 30s are living with family or tripling up with roommates. Wed, 18 Jun 2014 20:22:00 +0000 Chris Arnold 46767 at http://kwit.org Sluggish Housing Market A Product Of Millions Of 'Missing Households' SEC To Focus Oversight On High-Speed Trading http://kwit.org/post/sec-focus-oversight-high-speed-trading Transcript <p>DAVID GREENE, HOST: <p>NPR's Business News starts with a modest crackdown on high-speed trading. The Securities and Exchange Commission is taking new steps to regulate high-speed trading on Wall Street though it's not as if the head of the SEC is that worried as NPR's Chris Arnold reports.<p>CHRIS ARNOLD, BYLINE: The author Michael Lewis brought a lot of attention to high-speed trading with his book "Flash Boys" and his claim that the stack market is rigged. Fri, 06 Jun 2014 09:08:00 +0000 Chris Arnold 46029 at http://kwit.org GOP Demonizes Once Favored Cap-And-Trade Policy http://kwit.org/post/gop-demonizes-once-favored-cap-and-trade-policy Republicans say the Environmental Protection Agency will kill jobs and raise electricity prices with new carbon emissions limits. Tue, 03 Jun 2014 11:57:00 +0000 Chris Arnold 45818 at http://kwit.org GOP Demonizes Once Favored Cap-And-Trade Policy Foreclosure Overhaul Comes Too Slowly For Many Homeowners http://kwit.org/post/foreclosure-overhaul-comes-too-slowly-many-homeowners The biggest U.S. banks are still foreclosing on homeowners who qualify for new loans, according to a coalition of non-profits. That's despite settlements aimed at preventing unnecessary foreclosures. Tue, 20 May 2014 09:12:00 +0000 Chris Arnold 44944 at http://kwit.org Missing In The Housing Recovery: New Houses http://kwit.org/post/missing-housing-recovery-new-houses More than five years after the crash, homebuilding is stuck at half its normal level. That's a big drag on the economy. And things aren't looking much better: A report out Thursday shows homebuilder confidence is <a href="http://www.nahb.org/news_details.aspx?newsID=16817">at its lowest level in a year</a>.<p>This severe slump in single-family home construction has been going on across the country. We haven't seen anything close to this kind of a long-term construction slump since World War II.<p>"This is a completely unprecedented collapse," says Ian Shepherdson, chief U.S. Thu, 15 May 2014 21:29:00 +0000 Chris Arnold 44705 at http://kwit.org Missing In The Housing Recovery: New Houses Housing Regulator Has Big Plans In Store For Two Mortgage Titans http://kwit.org/post/housing-regulator-has-big-plans-store-two-mortgage-titans A top federal regulator for the U.S. housing market signaled some big changes for government-run mortgage giants Fannie Mae and Freddie Mac. The changes likely mean lending will be expanded. Tue, 13 May 2014 20:05:00 +0000 Chris Arnold 44548 at http://kwit.org Amid The Device Hype, This Startup Is Taking Wearables To Heart http://kwit.org/post/amid-device-hype-startup-taking-wearables-heart There's been a lot of talk about <a href="http://www.npr.org/tags/172618814/wearable-devices">wearable devices</a> being the next big thing in the technology world. It's easy for the hype to get ahead of the products, but there's actually some serious innovation going on.<p>"What we're going to see over the next couple years is going to be extremely exciting," says Dan Ledger of Endeavor Partners, which consults with the companies that are inventing wearables. "As the technology improves ... Fri, 02 May 2014 07:41:00 +0000 Chris Arnold 43876 at http://kwit.org Amid The Device Hype, This Startup Is Taking Wearables To Heart