Mid-day Update - Most Recent

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PODCAST: Facebook for kids and China blocks 'Shanghai Composite Index'

Jun 4, 2012
Stocks are down all over the world this morning as investors have their first chance to react to the Labor Department's May jobs report on Friday. New Mexico's largest ever wildfire is still growing and you can bet the bill to put it out will be high. Tomorrow, if you live near a 'Pizza Patron' and order in Spanish, you'll get your pizza for free. This Tuesday the nation will watch as Wisconsin voters head to the polls to decide whether recall their Republican Governor or not.

PODCAST: 'Money Under 30' and Facebook syndrome

Jun 1, 2012
Today, the latest monthly job numbers come out and the Federal Reserve will be watching to determine their next move. Although, we hear a lot of data when it comes to the economy, everyone's story is unique. We visit a job center in Portland, Oregon to take the pulse of people who are just hitting the unemployment lines. Wal-Mart shareholders gather in Bentonville, Arkansas for the company's annual meeting. As hurricane season starts, stronger and more frequent storms have companies pulling out of parts of the Bahamas and Florida.

Former student debtor teaches others to manage money

Jun 1, 2012
A new report from the New York Federal Reserve Bank shows that student debt is up nearly 8 percent in just the last year. David Weliver, publisher of financial advice blog, Money Under 30, tells us his story.
Posted In: student loan debt

PODCAST: I 'Pizza' New York and Dead Social

May 31, 2012
Irish voters go to the polls today not to elect a president or a leader but to vote on key European bailout measures.With the price of oil below $90 a barrel, some are beginning to wonder at what point does it become unprofitable to drill. Today housing advocacy groups from 22 cities and 17 states are launching a campaign to force the presidential candidates to address the specific topic of foreclosures. Madonna begins her sold out worldwide summer tour today in Israel. But what if you're not Madonna? How do you make money on tour?

Facebook set to expand headquarters in Menlo Park

May 31, 2012
For the past week and a half Mark Zuckerberg has been losing face a bit in the stock market, but this week his company is booking ahead with plans for a major expansion to their headquarters in the Silicon Valley suburb of Menlo Park.
Posted In: Facebook

PODCAST: Zuckerberg loses face value and Pepsi does Twitter

May 30, 2012
The once high-flying maker of the BlackBerry handheld device is in deeper water than analysts feared. Research In Motion warned investors yesterday it could report a loss for its first quarter and has hired bankers for a “strategic review.” Computer networks across the Middle East are engulfed in flame, flame spying software that is. A hotdog joint called Felony Franks employs ex-convicts. After the BP spill, the multi-billion dollar Gulf Coast seafood industry was shut down. Now, two years later, things are looking up, at least for shrimpers.

Pepsi to launch Twitter music campaign

May 30, 2012
In an effort to revive their brand image and win back market share from Coke, Pepsi is launching a new, hip partnership with Twitter that will include free songs for download and live-streaming music concerts.
Posted In: marketing, Pepsi, Twitter, Music

PODCAST: Robot teacher, study says 'walk this way'

May 29, 2012
Greek voters will return to the polls in less than three weeks. The results of the election could determine whether Greece stays in the euro zone or exits in a messy divorce that would disrupt the global economy. Dewey & LeBoeuf, one of the largest law firms in the country, filed for bankruptcy last night after months of financial turmoil and partner defections. Today is the Texas primary. Polls show voters tend to care about the economy and immigration, but education policy is growing in importance. The food truck scene -- once a trendy diversion -- is now a normal part of city life. Sizzler and other national chains hope to take advantage.

Study says Americans prefer walkable neighborhoods

May 29, 2012
New research from the Brookings Institution says Americans will pay up to $1,500 more in rent every month to live in a "walkable" neighborhood -- say, a place near their dry cleaners or grocery store or favorite restaurant.
Posted In: Housing, Suburban Living, rent, cities

PODCAST: A dip in olive oil prices and an economic forecast for sunny skies

May 28, 2012
On Memorial Day, we take a look at ways to support the other 1 percent -- the less-than-1 percent of Americans who serve in uniform and those who have died in the line of duty. While low-fare airlines are struggling to make money in the United States and Europe, airports across Southeast Asia have never been busier thanks in large part to budget carriers. The Spanish government is wrangling with how to rescue its troubled banks. Local protestors in Malaysia are stalling efforts to mine for rare earths, a key component in electronics.

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About this collection

Special correspondent David Brancaccio and the Economy 4.0 team cover the economy of the future — and how to make it work better for more people. In the wake of the recent crisis, we investigate how the financial regulatory system is (or isn't) being reformed, how that will affect you and how we measure progress. Follow us on Twitter.