Let's focus on the state of the housing market next, where there have been mixed signals lately. It's been reported that we've had a rip-roaring recovery in real estate accompanied by a long stretch of record-low mortgage interest rates. Housing prices are up and new home supply seems tight across the map. But on the other hand, analysts say this isn't all good news for would-be homeowners. Joining us to talk about what's going on in housing Roben Farzad, contributor to Bloomsburg BusinessWeek. Welcome, Roben.
Last weekend was a bad one for foreign reporting in China.
Staffers at Bloomberg News accused their own editors of spiking an investigative story to avoid the wrath of the Communist Party, and the wire service Reuters confirmed Chinese officials had denied a visa application for a hard-hitting reporter after an eight-month wait.
AMC's The Walking Dead has key ratings better than network dramas. The show gets desirable young viewers by not skimping on explicit action, gore or storytelling. So why haven't the networks tried to imitate the show? Blame the FCC, which cracks down on explicit network broadcast content but overlooks cable.
Let's begin NPR's business news starts with Amazon Sundays.
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GREENE: The U.S. Postal Service is breaking new ground, teaming up with the online retail giant Amazon in an exclusive deal to deliver Amazon packages on Sundays. Residents of Los Angeles and New York can now take advantage of the additional delivery day at no extra charge. The Sunday service is expected to expand to more cities next year.
Shopping anywhere could take a hit if 3D printing really takes off, by allowing users to print products at home.
DAVID GREENE, HOST:
Yes, products like disposable underwear. It's the brain-child of an Israeli couple, whose 3D technology also enables them to print items like bandages or sportswear. Currently, the fabric printers run about $3 million, so maybe too steep for home use just now.
The Greek government is pushing stores to open on Sundays, just like the tourist shops around the Acropolis. But mom-and-pop shops that are participating in a pilot program to open seven Sundays a year, say they lost money last weekend — the first Sunday the program was effect.
In a pre-Christmas offensive to lower prices, the Venezuelan government has taken over a nationwide chain of electronics and appliance stores that it accuses of price gouging. That's led to huge lines outside the stores as shoppers snap up cut-rate refrigerators and computers. As Venezuela's socialist government combats surging inflation, it's warning that more takeovers are ahead.