Latest from Mary Dooe

• Aug 3, 2012

  PODCAST: July jobs report released

  

  Today, the Labor Department told us 163,000 jobs were created in the U.S. in July, and and the new unemployment rate is 8.3 percent. Here in the U.S., women represent almost half of the labor force. But in the Palestinian territories, the number is far lower — which is where Maysoon Oday comes in. She has started a radio station to get more women into the workforce. And this Sunday night, NASA's Curiosity Rover will be landing on Mars. The $2.5 billion mission will be getting some big time publicity, broadcasting live on the huge Toshiba Screen in New York's Times Square.

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• Aug 2, 2012

  PODCAST: The ECB makes a statement, Americans like coffee

  

  The Fed announced yesterday that it is prepared to act if the economy gets worse — But for now, nada. Which brings us to the European Central Bank, which is holding a meeting today in Frankfurt and might have a little something up its sleeve for the global economy. On Capitol Hill today, a House Committee is looking into the effects of the Supreme Court's ruling on health care; Specifically, just how the IRS will assess a tax on people who don't carry health insurance. Later this morning, Freddie Mac will tell us what the average interest rate is right now on a 30-year fixed mortgage. Last week, the rate fell below 3.5 percent for the first time in 60 years of record keeping.

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• Aug 1, 2012

  PODCAST: A flood of tweets against NBC, a changing tide in the shipping industry?

  

  A federal housing regulator is rejecting a White House plan to help borrowers who are underwater on their mortgages. There are about 11 million people in that category. Power has been restored in India after a huge blackout, blamed in part on rising demand for electricity in one of the world's fastest growing economies. A blackout of this magnitude would be unthinkable in China. And there's more sun and heat in the forecast for St. Louis — not great for a region that's in the midst of the worst drought in decades. The drought is now shrinking the shipping lanes in the Mississippi River.

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• Jul 31, 2012

  PODCAST: Up on household incomes, down on NBC

  

  Some earnings news: BP reported a sharp fall in profits while Pfizer's quarterly earnings are higher than expected. The government said household income jumped a half percent, but consumer spending fell by a tenth of a percent. American Enterprise Institute President Arthur Brooks talks inequality. India is dealing with a major blackout. And an Olympic round-up: NBC spoiled Missy Franklin's gold medal win before her race aired in primetime last night, some Olympic athletes are headed for Wall Street, and we talk with Clyde Drexler from 1992's Dream Team on how basketball has changed.

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• Jul 27, 2012

  PODCAST: London Olympics takes off, GDP growth slows

  

  The London Olympics begin today, and the eleven big corporate sponsors of the event will begin to bask in the global limelight. All that basking doesn't come cheap: All together, the sponsors have shelled out more than a billion dollars. Computer Hackers took over Las Vegas this week, as part of the Black Hat conference — a gathering of hackers where they talk about the latest in security and security breaches. And after several years of sluggish advertising, the glossies have just posted ad sales for their all important September issues and the numbers are looking fat. With 658 pages of ads, it will be Vogue's thickest September issue since the financial crisis.

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• Jul 26, 2012

  PODCAST: Awaiting Facebook earnings, awaiting a Lady Gaga doll

  

  Sanford Weill was once the king of making big banks bigger. Back in 1998, he combined Travelers, the insurance company, with Citibank to create Citigroup. But now, Weill wants to break up big banks. Facebook will post its first earnings after its IPO today, but the company has had a rocky road since it started selling shares and there are still big questions about its future. And why Goodyear is working on a new kind of tire: One made partially from soybeans.

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• Jul 25, 2012

  PODCAST: A pool for Olympic betting or Greek prisoners?

  

  A report from the Congressional Budget office says President Obama's health care law could save the federal government $84 billion over the next decade. That savings is mostly because of the Supreme Court ruling last month — and a part of the law it ruled out. Caterpillar, the world's largest maker of construction and mining equipment, releases its quarterly earnings today. And reports issued by the U.S. Department of Agriculture don't usually create ripples beyond a small pond of farmers and investors, but today, though the USDA releases a much-anticipated briefing: the monthly food price forecast.

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• Jul 23, 2012

  PODCAST: Sizing up TARP, putting a fine on Penn State

  

  There seems to be a major case of the "Mondays" going on in Europe, as Spain struggles with a new round of troubles. As the 19th International AIDS Conference gets underway in Washington, D.C., it is clear that we've reached a critical juncture in the AIDS fight. And Teach for America, the program that recruits recent college grads to work in underperforming schools, is making a push into the political arena. Former TFA grads already have won seats in state houses and on local school boards.

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• Jul 19, 2012

  PODCAST: Banking scandals march on, food prices hit by drought

  

  It appears more of the world's largest banks are getting roped into allegations of fraud. Four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR. Of course, this banking scandal comes on the heels of the monster JP Morgan trade-gone-bad, which has cost the bank billions of dollars. What can be done to keep these problems from happening? And more than a dozen top-tier universities are signing on to a plan that will make college more affordable — by offering some of their courses online for free.

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• Jul 18, 2012

  PODCAST: Cheap ticket glitch, Lin says goodbye to Knicks

  

  There's a growing sense among economists that the housing market has finally hit bottom, as home prices and home sales have been stabilizing in many places. There's a new report out today that's got one explanation for why companies aren't hiring the people they want to hire: A visa program to bring in the best and brightest from around the world is capped. And overseas, India has lost its ranking as the country with the most upbeat consumers, according to Nielsen. But it wasn't long ago that many thought India's growth rates could surpass those of its long-time rival, China.

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