National / International News

What to do if you have less money than your friends

Marketplace - American Public Media - Fri, 2014-02-07 16:54

A friend calls and says "hey, let's go try that new restaurant on Fletcher Street," you hear, "let's go to that new ultra-expensive new restaurant on Fletcher Street."

You want to go, but you look at your bank account and know you shouldn't.

We've all been there, having to make hard decisions when our friends have more money than we do.

So how is a social butterfly like yourself to cope? Fortunately, we have a guide, Samantha Sharf of Forbes explains her guide to having less money than your friends.

"We like to believe that friendship and finance have nothing to do with each other. But in reality, unmitigated economic differences can cause awkwardness in the best of circumstances, and resentment in the worst."

Black buying power hits $1.1 trillion. What does it mean?

Marketplace - American Public Media - Fri, 2014-02-07 16:30

Think about the price-tag of $1.1 trillion dollars.

If we were talking about countries, that would be the 16th biggest economy in the world, but it's not a country, it's the combined buying power of a group of people who are part of this country: African-Americans.

A recent study by the Nielsen Company predicts that African-American buying power will hit that $1.1 trillion number next year. "The black population is young, hip and highly influential. We are growing 64 percent faster than the general market," says Cheryl Pearson McNeil, a Vice President at Nielsen.

Companies spend $75 billion a year on advertising, but only three percent of that is in Black publications, and casting Black actors, and on Black TV and radio stations. Pearson-McNeil says, if you ignore this demographic, as many big companies have done, you do so at your own peril.

"If you want to market to those groups, then you should know what particular group buys your stuff," says Noel King, reporter for Marketplace's Wealth and Poverty desk. "Blacks tend to spend more on electronics, utilities, groceries, footwear. They spend a lot less on new cars, alcohol, entertainment, health care, and pensions."

Dr. Jared Ball, a professor at Morgan State University, has done some research into Black buying power, but says that $1.1 trillion doesn't mean everything is great for the Black community. "This phrase, 'buying power,' is used as a glossy euphemism for Black poverty for being the fault of Black spending habits, as opposed to a pre-determined need in our economic model. A lot of people pick up this phrase and hear these large numbers, and assume Black America is stronger than Black America actually is."

Kosovo students clash with police

BBC - Fri, 2014-02-07 16:24
Police in the Kosovan capital Pristina use tear gas to disperse hundreds of mostly student protesters in the country's main public university.

Composing music with your thoughts

BBC - Fri, 2014-02-07 16:14
Headset that helps you compose with your thoughts

Skiers warned of terrain trap risk

BBC - Fri, 2014-02-07 16:12
Skiers, climbers and walkers are being warned to be aware of a danger created by huge amounts of snow and high winds.

Women 'fare worse after strokes'

BBC - Fri, 2014-02-07 16:00
Women have a poorer quality of life after a stroke than men, especially if they are older, a study has found.

Fresh protest over legal aid cuts

BBC - Fri, 2014-02-07 16:00
Barristers, solicitors and law students are set to meet at a protest to voice their opposition to proposed cuts to legal aid.

In pictures: Bosnia protests

BBC - Fri, 2014-02-07 15:53
Anti-government protests enter their third day

US man back in N Korea labour camp

BBC - Fri, 2014-02-07 15:41
Kenneth Bae, an American convicted in North Korea of trying to overthrow the state, has been moved back to a labour camp, the US says.

VIDEO: Spectacular opening to Sochi games

BBC - Fri, 2014-02-07 15:12
The 22nd Winter Olympics are officially underway after an opening ceremony in the Russian resort of Sochi.

VIDEO: 50 years since Beatlemania hit US

BBC - Fri, 2014-02-07 15:03
It's 50 years since The Beatles first arrived in the US for a TV appearance that would change their careers.

Stomach Bug Closes Landmark New York Resort

NPR News - Fri, 2014-02-07 14:58

The Mohonk Mountain House in New Paltz, N.Y., closed Friday afternoon so that cleaning crews from a company that specializes in disaster responses can scour the place after an outbreak of intestinal illness. Norovirus appears to be the culprit.

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'The downhill is like a movie'

BBC - Fri, 2014-02-07 14:50
The thrills and spills of men's downhill, from the racer's view

Beer per minimum wage hour

Marketplace - American Public Media - Fri, 2014-02-07 14:45

Stuck somewhere between economic policy and happy hour.

The website Quartz has a chart of how many hours it takes -- working minimum wage -- to afford a beer at a bar or restaurant in whatever country the work is being done. Check it out here

Some highlights:

Here in the U.S.A:

24 minutes per beer.

Russia (hey, Olympics):

1 1/2 hours  per beer.

Brazil:

1 hour per beer.

Bangladesh:

13 1/2 hours per beer.

Ireland:

1/2 hour per beer. 

Technology Tracks Crews Through The Fog Of Wildfire

NPR News - Fri, 2014-02-07 14:40

Communication breakdowns can be fatal for firefighters, but are all too easy when crews are shrouded in smoke and a blaze is moving fast. Florida, with its millions of acres of forest and grassland, has rolled out a new system that can pinpoint crews without relying on voice communication.

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Alleged Silk Road Mastermind Pleads Not Guilty To Trafficking

NPR News - Fri, 2014-02-07 14:35

Ross William Ulbricht, who allegedly ran the shadowy online marketplace before his arrest in October, is set to stand trial in November.

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Wigan 8-24 Huddersfield

BBC - Fri, 2014-02-07 14:25
Jermaine McGillvary's hat-trick of tries helps Huddersfield beat Wigan in the opening game of the 2014 season.

Concerns over 'copycat websites'

BBC - Fri, 2014-02-07 14:18
The advertising watchdog has received hundreds of complaints about "copycat websites" that charge for services that are available free.

House Republicans May Get To Immigration, Just Not Now

NPR News - Fri, 2014-02-07 14:11

In politics, it often comes down to timing. And right now, the timing just isn't good for congressional Republicans to take up an immigration overhaul.

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No bigger game for Scotland - Denton

BBC - Fri, 2014-02-07 14:00
David Denton believes Scotland can recover from a shaky Six Nations start to overcome England at Murrayfield.

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