Yuki Noguchi

Yuki Noguchi is a correspondent on the Business Desk based out of NPR's headquarters in Washington D.C. Since joining NPR in 2008, she's covered business and economic news, and has a special interest in workplace issues — everything from abusive working environments, to the idiosyncratic cubicle culture. In recent years she has covered the housing market meltdown, unemployment during the Great Recession, and covered the aftermath of the tsunami in Japan in 2011. As in her personal life, however, her coverage interests are wide-ranging, and have included things like entomophagy and the St. Louis Cardinals.

Prior to joining NPR, Yuki started her career as a reporter for The Washington Post. She reported on stories mostly about business and technology, and later became an editor.

Yuki grew up with a younger brother speaking her parents' native Japanese at home. She has a degree in history from Yale.

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5:37am

Thu January 17, 2013
Business

New Rules Issued For Mortgage Servicing Companies

Originally published on Thu January 17, 2013 11:11 am

Transcript

RENEE MONTAGNE, HOST:

The Consumer Protection Financial Bureau is unveiling today the second half of its new mortgage rules. It will outline how the mortgage industry must manage loans that are delinquent or in the process of being foreclosed.

NPR's Yuki Noguchi reports that these rules, among other things, aim to make it easier for borrowers to communicate with the people handling their mortgages.

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4:38pm

Fri January 11, 2013
U.S.

FAA To Review New 787 Dreamliner After Spate Of Problems

Originally published on Fri January 11, 2013 6:11 pm

Boeing faces a comprehensive review of the design and manufacturing of its ballyhooed 787 Dreamliner.

3:24am

Thu January 10, 2013
Your Money

New Mortgage Rules Would Limit Risky Lending

Originally published on Thu January 10, 2013 3:04 pm

New federal mortgage rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.
Mel Evans AP

The Consumer Financial Protection Bureau is releasing Thursday much anticipated new mortgage rules, which will restrict the kind of subprime lending practices that caused both the financial and housing sectors to crash five years ago.

The new rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.

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5:17pm

Mon January 7, 2013
Business

Bank Of America To Pay Fannie Mae $11.6 Billion To Buy Back Troubled Loans

Originally published on Mon January 7, 2013 6:19 pm

Bank of America and Fannie Mae have agreed to settle legal issues stemming from the subprime mortgage crisis. The bank will pay Fannie Mae $3.6 billion in cash and will also spend $6.7 billion to repurchase certain mortgages sold to Fannie Mae.

5:10pm

Wed January 2, 2013
Business

Some Frustrated After Congress Kicks The Can On Debt Ceiling, Spending Cuts

Originally published on Wed January 2, 2013 7:51 pm

Throughout the fiscal cliff drama, business leaders pressed Washington for a deal. But the limited nature of the bill that passed is unlikely to make many business leaders happy.

4:34am

Thu December 27, 2012
Business

Real Estate Market Is Expected To Improve In 2013

For the first time in five years, the U.S. housing sector contributed to economic growth in 2012. The foreclosure crisis is evolving and working its way through the system, although there are still lingering concerns.

3:54pm

Wed December 26, 2012
Business

Labor Force Participation At Lowest Point In 3 Decades

Originally published on Wed December 26, 2012 7:24 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

7.7 percent, that's the current unemployment rate. It's a full percentage point lower than this time last year. That sounds like progress, a modest number of new jobs are being added every month. But labor force participation, a measure of both people who are working and those who are actively looking for work, is at its lowest point in three decades.

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5:08pm

Tue December 18, 2012
Shootings In Newtown, Conn.

Private Equity Group Withdraws Stake In Gun Company After Newtown Shootings

Originally published on Thu December 20, 2012 3:16 pm

Transcript

ROBERT SIEGEL, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

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5:11pm

Thu December 6, 2012
Economy

Businesses, Not Consumers, Sour On Economy

Originally published on Thu December 6, 2012 6:40 pm

Shoppers carry bags during Black Friday sales at the South Shore Plaza in Braintree, Mass. Right now, consumers are feeling positive, but the mood among businesses is at recession levels.
Allison Joyce Getty Images

When it comes to the economy, consumers and business owners have very different takes right now. Consumers are feeling positive, but the mood among businesses is at recession levels.

In a word, business owners are bummed.

"What we've found is that a lot of that optimism is not there right now," says Dennis Jacobe, chief economist for Gallup, which polled these small-business types just after the election.

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2:22am

Wed December 5, 2012
Your Money

More Large Retailers Ease Customers' Path To Credit

Originally published on Wed December 5, 2012 9:09 am

Home Depot has long offered credit cards, partly to serve customers who have just suffered major house damage. The company has recently widened those efforts. Here, a Tampa, Fla., customer buys a generator and bottled water, preparing for Tropical Storm Isaac's arrival in August.
Joe Raedle Getty Images

Retailers are finding more ways to offer their customers financial products — mortgages, loans and the like. In the past, people looked to banks for this kind of product. But big-box stores are trying to find new ways of getting money to those who cannot use banks, or want to avoid them altogether.

Costco may be best known for pallets of bottled water or bulk toilet paper that can last a family an entire year. But earlier this year, it also added mortgages to its growing array of financial offerings.

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