The unexpected dip to 6.7 percent may seem like good news, but the rate slid in December in part because the country found itself with a smaller workforce as people retired or just dropped out. At the same time, most of the jobs being created are in low-wage industries.
The nation's unemployment rate dipped in December, but most job growth is happening in low-wage industries like retail. So are low-wage jobs really lifting people out of poverty? Host Michel Martin speaks with NPR Senior Business Editor Marilyn Geewax and historian Stephen Pimpare.
For the first time in five decades, the Cuban government has begun selling new and used vehicles to anyone who can afford them. But with used Volkswagen Passats priced at $70,000 and a 2013 Peugeot sedan priced at $250,000, it's pretty clear the Castro government doesn't really want to sell them. Why?
The number of people affected by a data breach during the holiday shopping season has increased dramatically. Target says customers names, mailing addresses, phone numbers or email addresses were taken. It's offering free credit monitoring and "zero liability" for any fraudulent charges.
A chemical used to wash coal seeped into the Elk River near Charleston on Thursday. Customers in more than 100,000 homes and businesses that get their water from one local company have been advised not to drink, wash or bathe with what's coming from their taps. More than 480,000 people live in the affected area.
This week, we've been looking back at the legacy of the "War on Poverty," launched by President Lyndon Johnson, 50 years ago. Johnson also pushed to increase the nation's minimum wage. Low-wage workers actually saw their purchasing power peak while Johnson was in office. Adjusting for inflation, minimum wage workers earn less today than they did in the late 1960s.
The government is going after Craig Zucker, the creator of a "desk toy" consisting of small round magnets that wound up being swallowed by a lot of children. The Consumer Product Safety Commisision initiated a recall but rather than go along, Zucker shut down his company.
There's been a proliferation of devices that allow people to track their health and learn about potential medical problems. Startups offering digital services where customers quantify themselves in various ways are out in full force at the Consumer Electronics Show. But what are those companies doing to protect customer data?
In the past few years, major food manufacturers have introduced more healthful versions of their products, such as low-fat ice cream and "light" soups. These efforts have slashed 6.4 trillion calories from packaged foods sold in 2012, a study finds. But does that calorie drop help shrink Americans' growing waistlines?