Crisis In The Housing Market
12:11 pm
Tue December 27, 2011

Housing Market Stays Mired In Low Home Price Spin

According to the Standard & Poor's Case-Shiller Home Price Index released Tuesday, home prices were down 3.4 percent this year as of October — around a 35 percent drop from their peak.
Scott Olson Getty Images

This month, consumer confidence jumped to its highest level since April, a sign that the U.S. economy is starting to mend. But the housing market isn't going along yet with this cheerier mood: Home prices were down 3.4 percent for the year as of October, according to a new report released Tuesday.

Read more
Parenting
12:00 pm
Tue December 27, 2011

Tina Fey, Michelle Obama Among 2011 Powerful Moms

WorkingMother.com recently released its list of the year's most powerful moms. Michel Martin and regular parenting contributors Leslie Morgan Steiner and Jolene Ivey discuss what it takes to be a strong mom, who they admire, and who should not have been on the list. Also joining the conversation is Helen Jonsen, editor of WorkingMother.com.

Economy
12:00 pm
Tue December 27, 2011

Credit Unions Booming From Anti-Bank Outrage

Originally published on Fri December 30, 2011 4:16 pm

In 2011, more than 1 million Americans moved their money into credit unions. Customers were tired of the big banks charging new fees, and the credit unions also got a big PR boost from the Occupy protesters.

"Credit unions are nonprofit cooperatives," explains Tell Me More money coach Alvin Hall. "They can't issue shares to people at all, and they are made up of a group of people who come together, basically, to try to use their money in ways that will help that group of people have easier access to credit."

Read more
NPR Story
12:00 pm
Tue December 27, 2011

Big Technology A Threat To Small Businesses?

Originally published on Tue December 27, 2011 12:15 pm

Transcript

MICHEL MARTIN, HOST:

We're going to switch gears now and talk about the intersection of technology and retail. A recent Amazon.com promotion urged customers shopping in so-called brick and mortar stores to use its price check app. By scanning a bar code in the store, Amazon would give the customer a 5 percent discount, up to five dollars. Though only a small savings, the incident left a lot of local retailers, especially bookstore owners, pretty upset.

Read more
NPR Story
12:00 pm
Tue December 27, 2011

Hating On Congress ... Justified?

Congress' approval ratings hit an all-time low in December, according to the polling firm Gallup. Host Michel Martin looks at why many Americans seemed to be frustrated with Congress. She hears from NPR Senior Washington Editor Ron Elving and Mark Eaton of the Capitol Steps, a musical political satire group.

Middle East
11:26 am
Tue December 27, 2011

Dealing With Dictators: Is Exile Or Trial Better?

Critics of Syrian President Bashar Assad have been debating whether it would be better to threaten him with prosecution or encourage him to go into exile. Here, Syrians hold a rally supporting Assad in Damascus this month.
Muzaffar Salman AP

The death toll in Syria keeps mounting, as do the calls for the ouster of President Bashar Assad. But in dealing with Assad, should the international community threaten him with prosecution at the International Criminal Court or offer him a comfortable exile?

That question is being widely debated, and came up several times earlier this year with the ouster of other Arab autocrats. Last month, a United Nations commission found that Syrian security forces loyal to Assad had killed hundreds of children and perpetrated other "crimes against humanity."

Read more
The Two-Way
10:25 am
Tue December 27, 2011

Consumer Confidence Rose This Month

American consumers felt better this month about how things are going for the U.S. economy and their own financial situations, the private research group The Conference Board just reported.

Its consumer confidence index rose to 64.5 from 55.2 in November and is back at a level not seen since last April.

But in a statement, the director of the board's consumer research center advises viewing the again with caution.

Read more
The Two-Way
10:05 am
Tue December 27, 2011

Sears, Kmart Closings Will Shutter 3 Percent Of Company's Stores

Mark Lennihan AP

Originally published on Tue December 27, 2011 10:09 am

As you know, numbers can often be looked at several ways.

There's the headline that "dozens of Kmart, Sears stores to close" and the topline news that "between 100 and 120 Sears and Kmart stores" are going to be shut down as the retailer looks to trim costs and move ahead after it endured a pretty poor holiday shopping season.

That's a lot of stores, obviously.

Read more
The Two-Way
9:35 am
Tue December 27, 2011

Home Prices Fell Again In October

Renzo Salazar, from Real Signs of Ace Post Holding Inc., placed a bank owned sign on top of a for sale sign outside a foreclosed home in Miami last month.
Joe Raedle Getty Images

Home prices dropped from September to October in 19 of the 20 cities where it tracks the real estate markets, according to the widely watched S&P/Case-Shiller Home Price Indices report.

According to a statement from David M. Blitzer, chairman of the Index Committee at S&P Indices:

Read more

Pages