Economy & Innovation

TWA flight attendants recalled
3:01 pm
Thu August 30, 2012

American recalls the last of the former TWA flight attendants

An American Airlines jet in its final approach into Ezeiza International Airport in Buenos Aires. The airline made its second announcement of the month today regarding the recall of furloughed TWA flight attendants. (via Flickr / lrargerich)

It's back to work for some 200 ex-TWA flight attendants. American Airlines will recall the workers in November, according to U.S. Senator Claire McCaskill.


They were laid off back in 2001 after the 9/11 attacks hit the airline industry hard. American had cut 2,500 flight attendants in all during the slowdown, many of them were former TWA employees. The airline had bought out TWA earlier in 2001. 

12:56 pm
Wed August 29, 2012

What Americans actually do all day long, in 2 graphics

Lead in text: 
What are we doing all day long? The Planet Money team at NPR shows us. Does the average American day portrayed here look like yours?
Here's how the average American with a full-time job spends a typical workday: Here's a more detailed breakdown of two of the categories listed above: Notes: The figures come from the American Time Use Survey, which is conducted by the Bureau of Labor Statistics. The numbers are, of course, averages.
9:07 am
Fri August 24, 2012

Durable goods orders are a sign of what's to come

Lead in text: 
Today we get new data for durable goods orders. Those are orders of big ticket items like computers. It's often looked at as a sign of how much businesses are spending. And it's a good indicator of what we can expect in coming months. Our own Adam Allington reports for Marketplace Morning Report via the link.
Durable goods encompass a broad swath of the economy and tend to be items consumers forgo in tough times.
Chesterfield Valley
2:45 pm
Wed August 22, 2012

Chesterfield of Dreams? Exploring a city's capacity for retail

A look at some of the retail in the Chesterfield Valley outside of St. Louis.
(Sydney Miller/St. Louis Public Radio)

Two outlet malls are racing to build in what some say is one of the most valuable retail areas in America -- the Chesterfield Valley. If both are built, the companies would compete with each other, the Chesterfield Commons strip mall and the nearby Chesterfield Mall, risking financial failure.

Sydney Miller examines what it is about the Chesterfield region that makes it so attractive.

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2:13 pm
Wed August 22, 2012

Pew: Middle class poorer, earning less and shrinking

Lead in text: 
The middle class. An enigma of socioeconomic standing often used as a barometer of the United States as a whole. Perhaps you identify with the term 'middle class,' or perhaps you don't, but the newest data from Pew Social & Demographic Trends is something to see. Check it out, with reporting from NPR's The Two-Way, via the link.
The researchers at Pew Social & Demographic Trends aren't holding back in their new report on the middle class. It calls the last 11 years, "the lost decade" for the country's middle class. The highlight from the report issued today is that the middle class is poorer, earning less and shrinking.
China/Business
1:22 pm
Wed August 22, 2012

Bond to lead St. Louis business delegation to China

Former Republican U.S. Senator for Missouri Kit Bond at the podium during the launch of his newest venture, Kit Bond Strategies, on Nov. 8, 2011. Bond will lead a delegation of St. Louis business leaders to China later in 2012.
(Rachel Lippmann/St. Louis Public Radio)

Former Republican Missouri Senator Kit Bond will lead a delegation of St. Louis-area business leaders to China later this year.

Bond's consulting firm that works on international trade will accompany regional and statewide businesses and academic institutions to China in December.

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Ballpark Village
5:36 pm
Tue August 21, 2012

St. Louis officials seeking $17M from state to get Ballpark Village back on track

The Mo. Development Finance Board meets in Jefferson City on 8/21/2012.
Marshall Griffin/St. Louis Public Radio

Supporters of the long-delayed Ballpark Village project in downtown St. Louis made a renewed pitch today for state backing to the Missouri Development Finance Board.


The $100 million project would be built on the north side of Busch Stadium and would contain space for retail stores, restaurants, an open-air event space with a retractable roof, and a St. Louis Cardinals Hall of Fame and Museum.  Team President Bill DeWitt III says the project got sidetracked by the economic crisis that hit the country four years ago.

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St. Louis Rams
11:48 am
Mon August 20, 2012

CVC sends 'amended' plan for Edward Jones Dome to Rams

A view of the Edward Jones Dome looking south in the new plan sent from the St. Louis Convention & Visitors Commission to the St. Louis Rams on Aug. 17. You can view the whole proposal in our story below.
(via St. Louis Convention & Visitors Commission)

Updated at 2:40 p.m. with more details of the plan, expanded comments from CVC president Kitty Ratcliffe.

Will be updated.

The St. Louis Convention & Visitors Commission says it sent a new version of a plan to revamp the Edward Jones Dome to the St. Louis Rams.

The plan, which the CVC sent to the Rams on Friday,  is the latest salvo in the efforts by the CVC and the Rams to made the Edward Jones Dome a "top-tier" facility - generally thought to mean among the eight best stadiums in the National Football League. Without those upgrades, the Rams can break their lease on the Dome after 2015.

You can view the full proposal for yourself here:

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12:10 pm
Fri August 17, 2012

Graphics: the child workforce in 1920 America

Lead in text: 
Another fascinating graphic and exploration from the Planet Money team. Check it out via the link.
  • Source: Npr
  • | Via: Planet Money
So I was looking through an old Census report and I found a chapter entitled "Children in Gainful Occupations." Turns out, about 1 million children age 10 to 15 were working in America in 1920 (out of a total population of 12 million kids in that age range).
Illinois Unemployment
1:48 pm
Thu August 16, 2012

Illinois unemployment edges up again in July

(via Flickr/KellyB.)

Illinois' unemployment rate increased again in July with the loss of thousands of government and hospitality jobs.

The Illinois Department of Employment Security said Thursday that the July unemployment rate hit 8.9 percent. That's up from 8.7 percent in June and was the second straight increase after nine months of steady decreases.

Department Director Jay Rowell says the increase was expected since national unemployment continues to rise. Rowell adds that declines in government employment are likely to continue.

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