San Francisco has long been a desirable place to live — and that's even more true today as the city is basking in the glow of another tech boom. But the influx of new money and new residents is putting a strain on the city's housing market.
The city has the highest median rent in the nation, and evictions of longtime residents are skyrocketing.
Ground zero for San Francisco's eviction crisis is the Inner Mission District. Until recently, this edgy neighborhood was home to a mix of working-class Latinos, artists and activists.
Oregon has spent more than $40 million to build its own online health care exchange. It gave that money to a Silicon Valley titan, Oracle, but the result has been a disaster of missed deadlines, a nonworking website and a state forced to process thousands of insurance applications on paper.
Some Oregon officials were sounding alarms about the tech company's work on the state's online health care exchange as early as last spring. Oracle was behind schedule and, worse, didn't seem able to offer an estimate of what it would take to get the state's online exchange up and running.
More than 1 million people will see their extended unemployment benefits immediately cut off at the end of the month if Congress doesn't act.
An emergency federal benefit program was put in place during the recession to help those who are unemployed longer than six months. That allowed them to get as much as a year and a half of help while they searched for work, even after state benefits ran out.
We're standing at the Port of Miami, where Sacco works for U.S. Customs and Border Protection. Our ship, the Hansa Kirkenes, left Cartagena, Colombia, about a week earlier carrying all 6,078 of the Planet Money women's T-shirts.
Bangladesh was created out of chaos in the early 1970s, at a moment when millions in the country were dying from a combination of war and famine. The future looked exceedingly bleak.
Abdul Majid Chowdhury and Noorul Quader were Bangladeshi businessmen who wanted to help their country. "We asked ourselves, 'What the hell do we want?' " Chowdhury recalls. The answer he and his friends arrived at: "We need employment. We need dollars."
Their solution involved Richard Nixon, an obscure but hugely influential trade deal, and a cultural struggle over kimchi.
Originally published on Mon December 2, 2013 2:50 pm
Credit Ross D. Franklin / AP
The term Cyber Monday wasn't established until 2005, but online shopping was popular even in the early days of the Internet.
Analysts questioned how business models would have to change. Retail stores came up with new partnerships to help lure buyers into an online shopping world. A little company called Amazon helped us feel comfortable buying items online. And the simple perk of "free shipping" tried to make a dent in holiday sales.