Bitcoins have been in the limelight a lot lately, with their skyrocketing value that made some people wealthy overnight and their link to financial improprieties and criminal schemes. Now a New York regulator is holding hearings that could help Bitcoin soar or sink as a virtual currency.
The United States added 169,000 jobs and unemployment dipped in August, though the numbers fell short of most experts' expectations. With the uncertainty over Syria and the onset of Obamacare, it's unclear how the Federal Reserve will respond to the latest developments.
The latest economic data for the United States is encouraging. The budget deficit is declining, consumer spending is picking up and the government is collecting more in taxes. But there's the possibility this good news could leave the U.S. in a worse position in the long run.
Noel King, managing producer for The Takeaway, looks at why the U.S. should be keeping a close eye on what's happening in Yemen, as well as in Iran. We also talk to Charlie Herman about the politics of the U.S. budget.
Key primary races in Kentucky, Arkansas and Pennsylvania may serve to illustrate whether anti-incumbent sentiment is changing the political winds. New York Times' Marcus Mabry and WNYC's Charlie Herman join us.
Marcus Mabry, associate editor for The New York Times, believes there's going to be a whole lot of eating crow by BP this week. The Takeaway's and WNYC's editor, Charlie Herman, looks at the effects the oil spill has had on BP and other oil stocks.
Existing and new home sales numbers for May came out this week, and no one expected the 32.7 percent nose-dive from the previous month's sales. To learn more about this drop, Charlie Herman once again joins the program.
We look at what's happening on Capitol Hill this week. Outside the beltway, this week marks the start of earnings season. Investors will be watching closely to see if the economy is on the road to recovery or headed for a double-dip recession.
Charlie Herman, economics editor for The Takeaway and WNYC Radio and Fernando Pizarro, Washington correspondent for Univision, tackle as we look ahead to this week's news: the Fed's upcoming decision on interest rates, and an upcoming House vote.