Chris Arnold http://wgcu.org en Putin's Chess Moves In Ukraine: Brilliant Tactics, But Bad Strategy? http://wgcu.org/post/putins-chess-moves-ukraine-brilliant-tactics-bad-strategy The game of chess is a national pastime in Russia. And you might say that Vladimir Putin is playing a high-stakes game of geopolitical chess when it comes to Ukraine.<p>Western leaders are plotting how to counter Putin's latest moves with economic sanctions. So to get some insight into what might come next, we talked to an economist who knows Russia — who is also extremely good at chess.<p><strong>Putin Playing From A Weak Position</strong><p>Kenneth Rogoff is a world-renowned economist and professor at Harvard. Wed, 23 Apr 2014 08:34:00 +0000 Chris Arnold 9587 at http://wgcu.org Putin's Chess Moves In Ukraine: Brilliant Tactics, But Bad Strategy? How Do Companies Boost 401(k) Enrollment? Make It Automatic http://wgcu.org/post/how-do-companies-boost-401k-enrollment-make-it-automatic More Americans are saving for retirement through their employers' 401(k) programs. That's because in recent years they've been given a strong nudge — more companies are automatically enrolling workers in retirement savings programs.<p>Some firms are also automatically increasing the amount employees contribute. Mon, 21 Apr 2014 07:42:00 +0000 Chris Arnold 9508 at http://wgcu.org How Do Companies Boost 401(k) Enrollment? Make It Automatic Onlookers Show No Worry Over Market's Week In Tumult http://wgcu.org/post/onlookers-show-no-worry-over-markets-week-tumult Transcript <p>MELISSA BLOCK, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.<p>AUDIE CORNISH, HOST: <p>And I'm Audie Cornish. Volatile, that's the kind of week the stock market had. Investors sold off high-flying technology and biotech stocks. Weak bank earnings also added to the sour mix. The NASDAQ is down 8 percent from its peak this year. The S&P 500, it's off 4 percent. Fri, 11 Apr 2014 20:30:00 +0000 Chris Arnold 9230 at http://wgcu.org One More Speed Bump For Your Retirement Fund: Basic Human Impulse http://wgcu.org/post/one-more-speed-bump-your-retirement-fund-basic-human-impulse Saving for retirement is a challenge facing most Americans. Research shows the challenge is made harder by our basic human impulses. We know we should be saving. But we don't. We consistently make bad financial decisions.<p>One thing that leads us astray is what behavioral economists call "loss aversion." In other words, we hate losing. And that gets in the way of us winning — if winning is making smart financial decisions.<p><strong>How A Smashed Car Is Like A Smashed Nest Egg</strong><p>A few months ago I got rear-ended and my Jeep Cherokee was totaled. It's the first new car I ever bought. Thu, 03 Apr 2014 22:20:00 +0000 Chris Arnold 8967 at http://wgcu.org One More Speed Bump For Your Retirement Fund: Basic Human Impulse How Russia's Annexation Of Crimea Could Hurt Its Economy http://wgcu.org/post/how-russias-annexation-crimea-could-hurt-its-economy Russian President Vladimir Putin's swift move to annex Crimea is seen as a sign of strength by many Russians, and it has boosted Putin's popularity at home. But when it comes to Russia's economy, many analysts think Russia's prospects are looking weaker.<p>In recent days, we've seen Russians rallying in the streets, waving flags and celebrating Putin's move to reclaim Crimea as part of Russia.<p>And before that, Putin has been active on the world stage, hosting the Olympics and standing up for Russia's interests in Syria. Wed, 26 Mar 2014 21:22:00 +0000 Chris Arnold 8685 at http://wgcu.org How Russia's Annexation Of Crimea Could Hurt Its Economy Severe Weather Socks The Economy, But Full Impact Is Unclear http://wgcu.org/post/severe-weather-socks-economy-full-impact-unclear The economy often absorbs the impact of snowstorms, such as <a href="http://www.npr.org/blogs/thetwo-way/2014/03/03/285171762/what-a-blast-wicked-winter-storm-spreads-across-nation" target="_blank">this week's storm</a>, without much trouble, but this winter the weather is doing more damage than usual.<p>Sal Sambataro, the manager of Il Cortile in Manhattan, says that when the weather is better, people are packed into the family-owned Italian restaurant. On a recent day, though, the temperature is close to 15 degrees and the doorman wears a furry hat. Tue, 04 Mar 2014 22:29:00 +0000 Chris Arnold 7930 at http://wgcu.org Severe Weather Socks The Economy, But Full Impact Is Unclear Grounded And Confounded, Airlines Wait For Storms To Pass http://wgcu.org/post/grounded-and-confounded-airlines-wait-storms-pass The snow and ice storms sweeping the East Coast have been felt not only on the ground but in the air, as well. Airlines are cancelling thousands of flights, and both the companies and their passengers have had to deal with the fallout. Thu, 13 Feb 2014 21:55:00 +0000 Chris Arnold 7347 at http://wgcu.org January Job Growth Disappoints, But Unemployment Drops http://wgcu.org/post/january-job-growth-disappoints-unemployment-drops The U.S. added just 113,000 jobs in January, instead of the 180,000 analysts had predicted. Despite the anemic gains, the unemployment rate inched down to 6.6 percent, the lowest level since October 2008. Sat, 08 Feb 2014 14:43:00 +0000 Chris Arnold 7168 at http://wgcu.org Trouble In Emerging Markets Causes Stocks To Take A Tumble http://wgcu.org/post/trouble-emerging-markets-causes-stocks-take-tumble Transcript <p>MELISSA BLOCK, HOST: <p>Stock prices soared in the past year, but this was a rough week and prices really tumbled today. The Dow lost 318 points, the S&P 500 and the NASDAQ both fell 2.1 percent. This was part of a global sell-off, as investors focus on the growing financial turmoil in the developing world. NPR's Chris Arnold is following this and he joins me now. Chris, the year started off looking like the global economy was more stable. We didn't have a financial crisis unfolding somewhere. So what's going on now?<p>CHRIS ARNOLD, BYLINE: Right. Fri, 24 Jan 2014 22:06:00 +0000 Chris Arnold 6662 at http://wgcu.org Small-Batch Distilleries Ride The Craft Liquor Wave http://wgcu.org/post/small-batch-distilleries-ride-craft-liquor-wave Wherever you live, you're probably not too far from a local microbrewery making beer. Now, the latest trend is the spread of what you might call "micro-boozeries."<strong> </strong>Craft liquor distilleries are springing up around the country like little wellheads spouting gin, whiskey and rum.<p><a href="http://www.turkeyshoredistilleries.com/" target="_blank">Turkey Shore Distilleries</a> in Ipswich, Mass., is one of them.<p>Co-founder Evan Parker<strong> </strong>boils molasses in a giant, 400-gallon copper kettle to distill what the company calls Old Ipswich Rum. Wed, 22 Jan 2014 22:54:00 +0000 Chris Arnold 6588 at http://wgcu.org Small-Batch Distilleries Ride The Craft Liquor Wave Obama Unveils New Plans To Encourage Manufacturing Jobs http://wgcu.org/post/obama-unveils-new-plans-encourage-manufacturing-jobs Transcript <p>AUDIE CORNISH, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.<p>MELISSA BLOCK, HOST: <p>And I'm Melissa Block. President Obama has been talking a lot lately about income inequality. Today, he visited a factory in North Carolina and announced new steps that he said would create more good-paying, middle class jobs. Wed, 15 Jan 2014 22:31:00 +0000 Chris Arnold 6391 at http://wgcu.org December Jobs Report Has Analysts Flummoxed http://wgcu.org/post/december-jobs-report-has-analysts-flummoxed Transcript <p>SCOTT SIMON, HOST: <p>This is WEEKEND EDITION from NPR News. I'm Scott Simon. Yesterday's jobs report came as something of a surprise after several months of positive economic news. Employers added just 74,000 jobs. Economists had been expecting businesses to generate nearly three times that many. A few people were heartened by the fact that the unemployment rate fell to 6.7 percent, the lowest since October 2008. Sat, 11 Jan 2014 15:05:00 +0000 Chris Arnold 6243 at http://wgcu.org For The Unemployed, Ideas To Help Bridge The Gap To Work http://wgcu.org/post/unemployed-ideas-help-bridge-gap-work When members of Congress return to work next week, at the top of the "to-do" list is whether to renew emergency unemployment benefits. Thu, 02 Jan 2014 23:18:00 +0000 Chris Arnold 5995 at http://wgcu.org For The Unemployed, Ideas To Help Bridge The Gap To Work Manufacturing 2.0: Old Industry Creating New High-Tech Jobs http://wgcu.org/post/manufacturing-20-old-industry-creating-new-high-tech-jobs As the U.S. economy continues to recover, it has been getting some help from an unexpected place. After decades of massive job losses, manufacturing firms have been steadily creating jobs — many of them well-paying. One particularly bright spot is a new generation of high-tech manufacturers.<p>At a company called Machine Inc. in Stoughton, Mass., a hulking computer-controlled milling machine is making an intricate aerospace component. "It goes in as an aluminum block, and finishes up as a completed manifold," says Richard Mileika, the company's founder. Thu, 26 Dec 2013 21:36:00 +0000 Chris Arnold 5817 at http://wgcu.org Manufacturing 2.0: Old Industry Creating New High-Tech Jobs Mel Watt: A New Captain For America's Housing Market http://wgcu.org/post/mel-watt-new-captain-charge-americas-housing-market Seven months after his was nominated, the U.S. Senate this week confirmed former Rep. Mel Watt, D-N.C., to head the agency that oversees Fannie Mae and Freddie Mac, the giant companies that control much of the mortgage market.<p>The vote occurred after Democrats changed the rules on filibusters — now the Senate can confirm presidential nominees with a simple majority.<p>For people who watch the U.S. Fri, 13 Dec 2013 13:43:00 +0000 Chris Arnold 5424 at http://wgcu.org Mel Watt: A New Captain For America's Housing Market Photos: Comet ISON May Have Survived Its Blistering Encounter http://wgcu.org/post/photos-comet-ison-may-have-survived-its-blistering-encounter The Comet ISON appears to have survived after disappearing and being thought dead. Fri, 29 Nov 2013 18:13:00 +0000 Chris Arnold 4989 at http://wgcu.org Photos: Comet ISON May Have Survived Its Blistering Encounter To Changing Landscape, Add Private Health Care Exchanges http://wgcu.org/post/changing-landscape-add-private-health-care-exchanges We've been reporting a lot lately on the troubled rollout of President Obama's signature health care law. Wed, 27 Nov 2013 08:20:00 +0000 Chris Arnold 4923 at http://wgcu.org To Changing Landscape, Add Private Health Care Exchanges Can Young People Get Obamacare For $50 A Month? Sometimes http://wgcu.org/post/can-young-people-get-obamacare-50-month-sometimes <p>http://www.youtube.com/watch?v=jlerIMpzVPQ</p> Wed, 13 Nov 2013 20:57:00 +0000 Chris Arnold 4505 at http://wgcu.org Can Young People Get Obamacare For $50 A Month? Sometimes What Happens When The Pace Of Startups Slows Down http://wgcu.org/post/what-happens-when-pace-startups-slows-down Since the financial crisis hit five years ago, there aren't as many Americans starting new businesses. In uncertain economic times, it's harder for entrepreneurs and investors to take the risk.<p>And if you look back over the past 25 years, it turns out the overall trend is toward fewer new businesses getting started, too — and that's not good at all when the country needs more jobs.<p><strong>The Next Google</strong><p>New businesses are really important for the economy. For one thing, they often come up with new technologies and better ways of doing things. Thu, 31 Oct 2013 07:57:00 +0000 Chris Arnold 4040 at http://wgcu.org What Happens When The Pace Of Startups Slows Down Business Leaders Decry The Economic Cost Of Uncertainty http://wgcu.org/post/business-leaders-decry-economic-cost-uncertainty Running a company is like driving a car. You need to be able to see what's coming down the road. Sat, 19 Oct 2013 10:44:00 +0000 Chris Arnold 3637 at http://wgcu.org