finance

Finance
8:34 pm
Sun January 6, 2013

Microfinance Faces A Remade Future

Sujata Srinivasan

Microfinance – or small-scale loans – has rapidly grown into an international business that connects investors with impoverished borrowers around the world. Currently, microfinance institutions (MFIs) operate in over 100 countries and fund more than 92 million borrowers, according to the Microfinance Information Exchange. For-profit firms like Stamford-based Developing World Markets (DWM) invest in MFIs in India, which in turn provide loans to poor entrepreneurs, primarily women.

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Funding education
1:40 pm
Mon September 24, 2012

New Cash for Connecticut's Community Colleges

Harriet Jones

U.S. Labor Secretary Hilda Solis was in Connecticut Friday, bringing a two-fold message to the state’s community colleges. She promoted the $12 million the administration has invested in new programs here, but as a prominent Latina, she also spoke about the importance of training the Latino workforce. 

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Where We Live
10:49 am
Thu September 20, 2012

The Cost of Higher Education

6SN7

President Obama has made it part of his regular education speech that the best path to the middle-class is through a college education.

And the numbers bear it out. Getting a college degree brings higher earnings over a lifetime. Today, those with a bachelor’s degree earned 84% more money over a lifetime than those with a high school diploma.

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The Colin McEnroe Show
2:17 pm
Tue August 28, 2012

A Roundtable About Rebates

Brandie, Flickr Creative Commons

I freely confess that today's show arose from my own sense of consumer exasperation. I don't buy many things, but occasionally one's cellphone breaks and one has no choice. I went to Verizon. The guy and I picked out a phone for me.

He quoted me a price of $200 plus a $50 mail-in rebate. With the feeble, ebbing strength of my dying old phone, I managed one final wheezing flickering internet browser. The MSRP for this new phone was 80 bucks. I pointed this out to my new friend.

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Housing
11:12 am
Tue August 21, 2012

As Housing Market Recovers, Small Businesses Pick Up The Pieces

Harriet Jones

There are widespread reports of the resurrection of the housing market. National data due out this week are expected to show a bump in sales of both existing and new homes. But for the small businesses supported by the industry, it’s been a long slow journey out of the deepest housing slump in a generation. 

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The Colin McEnroe Show
4:06 pm
Wed August 1, 2012

The Burden Of Having Too Much Stuff

Flickr Creative Commons, aprillynn77

There is well over 2 billion square feet of self-storage space in the United States. For some perspective, if every man, woman and child in the United States stood up straight, arms at sides, they would all fit into the storage space that already exists.

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Credit Ratings
7:47 am
Wed August 1, 2012

Ratings Agencies Downgrade New Haven's Financial Outlook

Last week  two ratings agencies changed their financial outlook for the city of New Haven from stable to negative. Mayor John DeStefano says he can’t disagree with that.

Mayor DeStefano says he’s pleased that Standard and Poor’s and Fitch Ratings did not downgrade New Haven’s credit ratings. The actual ratings were affirmed. But the city’s financial outlook declined.  

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Politics
10:27 am
Fri July 20, 2012

Secret Money in Politics

Kevin Dooley, Creative Commons

In 2011,  Aetna spent more on lobbying than any other insurance company - 11.6 million dollars.  3.3 million went to the American Action Network, and 4.5 million went to the U.S. Chamber of Commerce - both organizations supporting conservative causes, both working against federal health care reform. Later, the company said this wasn’t “lobbying” money - it was “educational” - a big distinction in the world of money and politics.

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Tuition Price
9:43 am
Wed June 20, 2012

Experts Say - Sometimes College Tuition Data Can Be Misleading

Connecticut College has the highest tuition in the nation among private, not-for-profit four-year colleges, according to data from the U.S. Department of Education. But experts say sometimes statistics can be misleading.  

The College Affordability and Transparency Center website is part of President Obama’s push to make the costs of higher education more transparent. Schools are ranked in several categories, including tuition sticker price, and net cost to families.

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Student Debt
2:34 pm
Tue April 24, 2012

Interest Rates On Some College Loans To Double In July

Unless Congress acts, interest rates on certain college loans are set to double this summer.  WNPR looks at what that would mean for Connecticut students.

More than 84 thousand college and university students in Connecticut had subsidized Stafford student loans last year.  Their interest rate was 3.4% thanks to the College Cost Reduction and Access Act which locked in a low rate for four years. 

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The Faith Middleton Show
1:58 pm
Sun April 8, 2012

Robert Kreitler, Steven Heller, and Lilly Ledbetter

James Nash/flickr creative commons

Faith interviews Lilly Ledbetter, who took on the Goodyear corporation. And a financial analyst tells us what to watch for to protect and grow your assets, and what to expect from the economy.

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The Faith Middleton Show
4:39 pm
Thu March 8, 2012

Financial Advisor Bob Kreitler

Get the latest on the economy, and protecting and growing your money. Tips from our financial analyst. Plus a look at the novel about a real life experiment, having college students raise babies from adoption centers. Learn how it changed the lives of the children and students.

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The Colin McEnroe Show
10:55 am
Wed February 8, 2012

Gov. Malloy's State Of The State Address - 2012

Chion Wolf

A year ago, Dannel Malloy's job fell into the general categories of triage and emergency medicine. The state's finances were broken. He had to get the patient stabilized so the process of care could begin. This year, to extend the analogy, the patient is out of intensive care but not out of the woods.

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The Colin McEnroe Show
2:30 pm
Fri December 30, 2011

The Nose: Looking Back At 2011, Looking Forward To 2012

Bayasaa, Flickr Creative Commons

The job we do here tends to breed a mild case of optimism, because we spend a lot of time talking about new ideas. If we spent a lot of time talking about the status quo, we'd be more pessimistic because so many basic institutions -- political, financial, medical and cultural -- all seem broken.

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The Faith Middleton Show
10:08 am
Mon December 19, 2011

Tis The Season For Decorations

Rich Engelbrecht/flickr creative commons

On today's show: How do we find happiness with Dr. Nancy Horn, design critic Steve Heller, analyzes Christmas decorations, and protecting your money in this wild economy. 

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School Funding
8:24 am
Thu December 8, 2011

Preschool Advocates Call on State to Withdraw Motion in School Funding Lawsuit

Advocates for early childhood education are calling on the state to withdraw its latest motion in a major school funding lawsuit. The state wants to exclude preschool programs from the case. 

Governor Malloy is seen as a champion of preschool education, says Maggie Adair, director of the Connecticut Early Childhood Alliance.  

"He did not cut anything in early care and education or early childhood funding for that matter in the last session. He’s proposed 1,000 new preschool slots over the next couple of years"

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Higher Education
3:21 pm
Wed November 30, 2011

More Than 100 Undocumented Students Benefit From In-State Tuition Law

Courtesy of Flickr Creative Commons Photo by No Division

It's been several months since a new law went into effect allowing illegal immigrants to pay the in state tuition rate at public colleges and universities in Connecticut.

As WNPR's Lucy Nalpathanchil reports, more than one hundred undocumented students have signed affadavits to qualify for the rate this semester.

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Funding Education
8:03 am
Thu November 17, 2011

ECS Task Force To Hear Testimony

Governor Malloy’s “E-C-S Task Force” meets today.  The panel will hear testimony from a researcher at Connecticut Voices for Children on how to improve state financing of local public schools.

The Education Cost Sharing, or ECS, grant is the single most important source of funding for education from the state to local towns.  The amount that a town receives is determined by a complex formula, which most educators and legislators agree needs to be reformed.  Earlier this year, Governor Malloy established a task force to look into the formula. 

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Where We Live
11:22 am
Thu November 3, 2011

A Banking Roundtable

Chion Wolf

President Obama just unveiled a new plan to help homeowners avoid foreclosure...but what other help is out there?

The state of Connecticut is working to help homeowners as well...sponsoring a mortgage assistance event  on Tuesday November 15.  

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Hartford
4:16 pm
Wed October 12, 2011

City Treasurer, Mayor Reach Agreement On Personnel Issue

Photo: City of Hartford

In Hartford, city officials have been wrestling with a possible ethical issue for months.  The question was whether the city treasurer should be allowed to supervise his wife.  Now, as WNPR's Jeff Cohen reports, city officials say an agreement is near.

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Where We Live
10:48 am
Thu October 6, 2011

#Occupying Spreads to Connecticut

Hartford
5:15 pm
Tue September 27, 2011

Segarra, Cloud: Working To Avoid Appearance Of Conflict Of Interest

In Hartford, the mayor and the city treasurer are working to resolve a staffing issue that both say could look like a conflict of interest. WNPR's Jeff Cohen reports.

The concern is the treasurer's office, where Adam Cloud was appointed treasurer earlier this year. But also in that department is his wife, Nicole Plessy-Cloud. She works as a supervisor.

In an outside legal opinion sought on the matter in January, attorneys said that the situation didn't violate the city's ethics code -- but that it could should Cloud make any decisions about his wife's pay or advancement.

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The Colin McEnroe Show
3:24 pm
Mon September 19, 2011

Money and College Sports

Photo / Jayel Aheram via Creative Commons

WANTED: Point Guard. $70K/yr. Must work weekends. Student-athletes generate billions of revenue for universities and private companies while they earn nothing. Some who’ve been badly hurt don’t get the care and coverage they’d get with workers comp. Others see their scholarship canceled after a year and find themselves on the hook for expensive tuition if they want to go further. Others object the the use of their images on licensed products long after their scholarship expire. Atlantic and Taylor Branch tackled this in a feature last week.

National Debt
1:02 pm
Fri July 29, 2011

Republicans, Democrats Agree Changes In Debt Policies Needed

There’s not much that Republicans and Democrats agree on in the current debt-ceiling standoff. But one thing that all sides accept is that the nation's legal borrowing cap has failed in its primary goal: limiting the nation's red ink. From Washington Deirdre Shesgreen of the Connecticut Mirror reports.

No one can anyone argue that the debt ceiling has served to rein in federal borrowing. The cap has been lifted at least 80 times and the U.S. government’s total debt stands at about $14.3 trillion.

Himes:

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Congress
7:59 am
Mon July 18, 2011

Cautious Support for McConnell Plan

Federal lawmakers spent the weekend working on ways to break the standstill in budget talks. While there is still hope that lawmakers can come up with a package of spending cuts and taxes, including President Obama's $4 trillion so called grand bargain, with an August 2 deadline quickly approaching, a simple raise of the debt limit, as proposed by Senate Minority Leader Mitch McConnell will be the more likely outcome.

Here to talk about reaction from Connecticut's congressional delegation is the Connecticut Mirror's Washington correspondent Deirdre Shesgreen.

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Higher Education
6:37 pm
Thu July 7, 2011

Children of Immigrants Cheer In-State Tuition Law

Chion Wolf

Dozens of teenagers, the children of recent immigrants, turned out for a ceremonial bill signing with Governor Dannel Malloy today in New Haven. As WNPR’s Lucy Nalpathanchil reports, advocates for the in state tuition bill that became law July 1, say  the moment was a long time coming.

The crowd of college hopefuls cheered Gov Malloy as he signed the bill inside the lobby of Wilbur Cross High School. Joining the young adults were immigrant advocates and congregational members who lobbied for the bill in their home communities across Fairfield and New Haven counties.

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Immigration
4:22 pm
Wed July 6, 2011

State Universities Working to Implement New In-State Tuition Law

Courtesy of Flickr CC by No Vision

On Thursday, Governor Dannel Malloy will attend a ceremonial bill signing for a measure that will help illegal immigrant students.

The in state tuition law went into effect July 1, allowing undocumented students who enroll at a state university or community college to be eligible for the in-state tuition rate. As WNPR's Lucy Nalpathanchil reports, the schools are streamlining the admissions process so these students will be billed correctly.

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The Faith Middleton Show
4:55 pm
Fri June 10, 2011

Legendary Publishing Editor Jason Epstein; Financial Advice From Robert

David Shankbone

On today's show...Financial advice, the upcoming Festival of Arts and ideas in New Haven, and from the Faith Middleton's satellite studio on The East End of Long Island, legendary publishing editor Jason Epstein.

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Where We Live
10:47 am
Wed June 8, 2011

Hedge Funds

AMagill, Creative Commons

Hedge Fund managers are America’s new economic elite...they weathered the storm of the financial collapse better than anyone, and have made the kind of money that’s hard to imagine.  In fact, author Sebastian Mallaby calls it “More Money Than God.” He’s studied the history of hedge funds for this bestselling book that’s - now out in paperback.  

He paints a picture of complicated men - who crave secrecy, exude eccentricity, and who have unlocked the mystery of how markets work, making billions in the process.

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The Faith Middleton Show
10:46 am
Tue May 31, 2011

Overcoming Tough Times Financially

Our roller coaster economy has been a leveler - throwing the formerly rich and lower income people into the same basket.

We thought we'd talk about debt, credit cards and bankruptcy with Mitchell Allen, author of A Survival Guide to Debt.  He has been a debt counselor to many.

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