Stacey Vanek Smith

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Back in 2008...

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UNIDENTIFIED REPORTER #1: And we continue to cover breaking news out of Universal City, where a fire is burning on the Universal backlot.

CORNISH: The fire was enormous, about the equivalent of an entire city block. People all over Los Angeles could see the smoke.

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UNIDENTIFIED REPORTER #2: The blaze burned for some 12 hours with 400 firefighters battling to keep it from spreading.

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President Trump wants $8 billion to build a wall on the southern border of the U.S. Congress refused to give it to him. So he declared a national emergency, in the hope that he can use his extraordinary powers to secure funding from other parts of the government.

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Interest rates had been falling for most of the past three decades – but two years ago, they started climbing. The yield on the 10-year Treasury note recently climbed above 3%, up from less 1.5% just a couple of years ago.

Among the reasons that rising rates matter is that they have numerous effects on the housing market. Some of these effects are obvious. As interest rates climb, so will mortgage rates, making houses relatively less affordable. Refinancing also becomes less attractive.

Mind The Pay Gap

Apr 10, 2018

There are essentially three reasons why women make, on average, 20 percent less than men in the U.S.

They are job choice, child care, and negotiation.

Francine Blau, an economist at Cornell, has done deep research into the gender pay gap, and joined us to dig into those reasons.

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75.2 percent. That is the prime age female labor force participation rate, the share of all adult women between the ages of 25 and 54 who are working or looking for work.

In the 70s, 80s, and 90s, the number of women participating in the workforce went up and up and up.But, in 2000, that momentum waned.

The quality of American cars got a lot better after the financial crisis. They got lighter, more efficient and more reliable. And the car business boomed.

But now they're getting too expensive. Sticker prices for the SUVs and trucks that Americans love are high enough that manufacturers don't have to sell as many vehicles to make money.

But that's not going to last.

A couple of weeks ago the biggest labor union in Germany negotiated a big new deal with hundreds of German companies. Workers didn't just get a raise, they also won the option of working just 28 hours a week for up to two years without losing ground in their careers.

We talked to Simon Kuper of the Financial Times about the increasing need for companies to consider flexible working arrangements, as employees work longer and our lives become more complicated.

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Thirty-seven years ago, sexual harassment in the workplace became illegal. That led to the creation of the first harassment training videos. This one, called "Power Pinch," is narrated by a man sitting in a bar.

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