PRI: Public Radio International

business & economy

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Capping CEO salaries to fix the economy

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Billionaire CEO Warren Buffett says increase taxes for the rich, but maybe capping CEO salaries is a better fix for the economy.
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Boosting house prices to fix economy

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Columbia Business School professor says raising the cost of an average home may be a way to fix the economy.
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Foreign students paying to get fish processing jobs in Alaska

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Globalization has transformed some fish processing plants in Alaska, where most of the workers now are foreign students.
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Silicon Valley criticized for over-valuing top talent

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Harvard Business Review author criticizes Silicon Valley companies for paying exorbitant amounts for 'star' employees.
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Why South American economies are booming

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In contrast to the US, South American countries have recently seen a booming economy and low unemployment.
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Dow falls 634.76 points, global markets stumble

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Investors worldwide search for the bottom as almost $8 trillion dollars have been erased from the global stock markets in the past two weeks.
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S&P downgrades US credit rating to AA+

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The US credit rating downgrade by S&P brought condemnation from government officials, and fears of market turmoil.
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U.S. economy added 117,000 jobs in July

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New figures from the Bureau of Labor Statistics bring a flicker of optimism to the markets after the worst day on Wall Street in three years.
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Dow Jones plunges over 500 points

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In a small free fall that erased all of the market's gains in 2011, the Dow Jones Industrial Average plunged over 500 points today.
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Banks fight law regulating risky lending

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Banks lobby to change legislation created to protect borrowers from risky lending practices.
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