New Year's Day will be the 20th anniversary of the North American Free Trade Agreement. The passage of NAFTA by Congress was one of the most controversial events of the 1990s. Critics predicted a massive loss of American jobs to low-wage Mexico, but most manufacturing jobs went elsewhere instead.
In December 1993, President Clinton signed the North American Free Trade Agreement into law. Presidential candidate Ross Perot predicted Americans would hear a "giant sucking sound" as Mexico vacuumed up U.S. jobs. Economists say that the worst of Perot's fears never materialized. But opponents still see downsides.
After several years of declining shrimp stocks, regulators have imposed a moratorium on shrimping in New England waters. The closure could hurt commercial fisherman and future demand for the Gulf of Maine shrimp, but scientists say the move may be the only way to prevent the population from collapsing.
For freelancers and artists living in expensive cities like New York, the home-sharing site Airbnb has become a way to subsidize their rents. It's also largely illegal. With the site's users in the crosshairs of New York's attorney general, and questions elsewhere, some now wonder if the good times are going to end.
All this week, All Things Considered and Morning Edition has aired stories about the global journey a T-shirt makes from seed to finished product. Over the months NPR's Planet Money team spent reporting the series, they tackled questions about trade, work and clothes play in the global economy. There's a whole lot more about a simple T-shirt's journey from cotton to completion here.
The funny live tweets coming from frozen supermarket pizza giant @DiGiornoPizza were a tasty highlight of the Sound of Music Live broadcast on NBC. Bad puns, silly lyric changes, and just plain clever comments earned the company more than 2,000 new followers in a single night.
That difference translates to about $550 a year, according to a new meta-analysis of studies evaluating the retail costs of food, grouped by healthfulness. It's chump change for middle-class eaters, but a big gap for low-income families. Researchers say that's a problem that can be solved.