Jim Zarroli http://wfpl.org en Study: Upward Mobility No Tougher In U.S. Than Two Decades Ago http://wfpl.org/post/study-upward-mobility-no-tougher-us-two-decades-ago A new study finds that contrary to widespread belief, it's no harder to climb the economic ladder in the United States today than it was 20 years ago.<p>But the study did find that moving up that ladder is still a lot more difficult in the U.S. than in other developed countries.<p>Economists have been looking into the issue of U.S. economic mobility for a long time. But they've often been hampered by the lack of adequate data, says Gary Solon, an economics professor at Michigan State University. Fri, 24 Jan 2014 11:50:30 +0000 Jim Zarroli 8345 at http://wfpl.org Study: Upward Mobility No Tougher In U.S. Than Two Decades Ago After Target's Data Breach, Customer Incentive Disappoints http://wfpl.org/post/after-targets-data-breach-customer-incentive-disappoints Target is trying to get back in its customers' good graces after a massive data breach affecting some 40 million credit and debit account holders. Mon, 23 Dec 2013 12:15:48 +0000 Jim Zarroli 7998 at http://wfpl.org After Target's Data Breach, Customer Incentive Disappoints A New Worry Looms Online For The Affordable Care Act http://wfpl.org/post/new-worry-looms-online-affordable-care-act Saturday is the day the Obama administration promised it would have HealthCare.gov working smoothly for the majority of people who need to sign up for health insurance.<p>As the Obama administration scrambles to fix the glitch-plagued site, experts are beginning to worry about another problem that may further impair the rollout of the Affordable Care Act.<p>Health insurance companies say they're seeing numerous errors in a form that plays a vital part in the enrollment process. Sun, 01 Dec 2013 12:42:47 +0000 Jim Zarroli 7735 at http://wfpl.org A New Worry Looms Online For The Affordable Care Act 5 Years After Financial Crisis, Are Big Banks Still A Threat? http://wfpl.org/post/five-years-after-wall-street-collapse-are-banks-better It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.<p>The 2008 banking crisis underscored how vulnerable the financial sector had become. Huge institutions like Countrywide were saddled with mountains of bad mortgage and consumer debt. And the losses were magnified by the widespread use of leverage and derivatives such as credit default swaps. Thu, 12 Sep 2013 14:37:23 +0000 Jim Zarroli 6813 at http://wfpl.org 5 Years After Financial Crisis, Are Big Banks Still A Threat? Sequester Pinches Long-Term Unemployed Even More http://wfpl.org/post/long-term-unemployed-prepare-sequester-pinch Almost 5 million Americans are considered long-term unemployed, meaning they have been searching for work for at least six months.<p>This week, their plight is getting a bit tougher as the government cuts their unemployment benefits — part of the automatic reductions in federal spending that took effect recently.<p>On a recent day, about 40 people turned out at a Manhattan jobs center run by the New York Labor Department to get advice on looking for work. Sat, 06 Apr 2013 11:13:08 +0000 Jim Zarroli 4868 at http://wfpl.org Sequester Pinches Long-Term Unemployed Even More