It's finally happening, folks. This year, the average time Americans spend with digital media each day will surpass traditional TV viewing time. That's according to eMarketer's latest estimate of media consumption among adults.
The average adult will spend more than five hours per day online and on non-voice mobile activities (read: texting, apps, games). That's compared to an average four hours and 31 minutes each day of TV watching.
Originally published on Fri August 2, 2013 11:08 am
The unemployment rate only includes people who don't have jobs and are looking for work. A much larger swath of people — about 36 percent of U.S. adults — don't have jobs and aren't looking for work at all. That figure is higher than it's been in decades (and, conversely, the share of adults in the labor force — shown in the graph above — is lower than it's been in decades).
Here are four reasons why so many people are leaving the labor force.
The U.S. economy grew by an annualized rate of 1.7 percent in the second quarter of 2013, according to gross domestic product data released Wednesday morning. The Commerce Department says the rise stems from business investments, particularly in buildings, and an upturn in exports and the civilian aircraft industry.
The reigning king in the truck world is the Ford F-150, and it's been that way for a couple of decades. But staying on top is getting harder.
With new, tougher fuel standards looming there is a lot of emphasis on efficiency and innovation. On Wednesday, Ford is announcing its flagship truck is taking a step into the alternative fuel world with a vehicle that can run on natural gas.
When you look at their bottom lines and their advertising you realize that the Detroit Three make cars, but they're really truck companies, especially Ford.
Originally published on Fri August 16, 2013 2:01 pm
Northern California's Salinas Valley is often dubbed America's salad bowl. Large growers there have long relied on thousands of seasonal workers from rural Mexico to pick lettuce, spinach and celery from sunrise to sunset. Many of these workers seem destined for a life in the fields. But a program that helps field workers, like Raul Murillo, start their own farms and businesses is starting to yield a few success stories.
Originally published on Fri July 26, 2013 11:45 am
William Roman wants to borrow money, but his bank won't lend him any more. So he's turning to his local pawn shop.
For Roman, a loan from the pawn shop is a lot easier to get. He doesn't have to fill out an application. The people at the pawn shop don't check his credit — all they want is something valuable, something they call sell if Roman doesn't pay them back.
"I've pawned laptops, PlayStations," says Roman. "If I'm not using it, then I'll just go and pawn it."
The news out of Detroit has been grim of late, but there are some bright spots coming from one corner of the Motor City. On Thursday, General Motors posted its 14th straight profitable quarter since emerging from bankruptcy. Ford announced its 16th consecutive profitable quarter Wednesday, and Chrysler is expected to offer good news soon as well.
Organic egg farmers are divided in their reaction to a new FDA proposal that's intended to reduce the risk of salmonella infection among free-roaming chickens. They even disagree about what the document, called "Guidance for Industry," actually requires.
Last fall, Hurricane Sandy damaged homes, buckled boardwalks and ruined much of the infrastructure of the small vacation spot of Fire Island, just off the coast of New York. The storm also destroyed many of the island's copper phone lines. But the island's only traditional phone company has no plans to replace them. Instead, Verizon is offering customers a little white box with an antenna it calls Voice Link.
"It has all the problems of a cellphone system, but none of the advantages," says Pat Briody, who has had a house on Fire Island for 40 years.
"Senators have reached a bipartisan deal to restore lower interest rates on student borrowers," The Associated Press reports, citing "Republican and Democratic aides who insist on anonymity because they are not authorized to discuss the ongoing negotiations by name."
Wal-Mart's long-standing plans to come to Washington, D.C., are now up in the air. The City Council passed a living wage law that would require the world's largest retailer to pay $12.50 an hour, more than the city's current $8.25 minimum wage.
Originally published on Sun July 21, 2013 12:41 pm
Hey, baggage fees — happy fifth birthday!
Even if passengers aren't eager to celebrate, airlines are. The fees, born in 2008, helped financially desperate carriers stay aloft as the U.S. economy was spiraling down.
"That was a watershed year that scared the bejeezus out of the airline industry," said Mark Gerchick, an aviation consultant who has just released a book, Full Upright and Locked Position. Even as ticket sales were sliding, jet fuel prices were shooting to historic highs.
U.S. and EU officials begin talks Monday on an ambitious free-trade agreement aimed at generating billions of dollars of new trade. But negotiators must overcome barriers created by cultural and philosophical differences over sectors like agriculture. In Europe, the cultivation of genetically modified crops is banned, while in the U.S., they are a central part of food production. NPR's Jackie Northam visited a farm in Delaware and NPR's Eleanor Beardsley visited one in Burgundy, France, to look at those deep-seated differences. We hear from Jackie first.
Why does anyone buy Bayer aspirin — or Tylenol, or Advil — when, almost always, there's a bottle of cheaper generic pills, with the same active ingredient, sitting right next to the brand-name pills?
Matthew Gentzkow, an economist at the University of Chicago's Booth school, recently tried to answer this question. Along with a few colleagues, Gentzkow set out to test a hypothesis: Maybe people buy the brand-name pills because they just don't know that the generic version is basically the same thing.
My name is Maureen, and I am an Ikea-holic. Sure, I laughed knowingly at The Narrator's "slave to Ikea" speech as much as the next Fight Club fan. But the awful truth is, I've got a Beddinge in my bedroom.