Prior to working as a staff reporter at Marketplace David freelanced for Marketplace from New Orleans and St. Louis. Prior to that he worked odd jobs in Seattle, Alaska, Mexico and New York. He lives in Los Angeles with his wife and dog.
Posted In: fedex, shipping
As companies and customers cut shipping costs by using slower, cheaper rail and truck, FedEx's expensive air-cargo fleet suffers.
Posted In: zales, diamond, advertising
Zales advertises it has the clearest, brightest diamonds. Competitors get their day in court to contest that.
Posted In: Airlines, airline industry, southwest
The one-time discount airline is rethinking its 'bags fly free' policy because of rising costs. So far, only the third bag will cost you.
Posted In: television, commercials, Law
Advertisers who turned up the volume to catch the attention of television watchers finally annoyed enough people that Congress outlawed the ploy.
Posted In: Retail, Christmas, holiday shopping, shopping
How would the economy be affected if we didn't have Christmas and other holidays to stimulate our spending?
Posted In: Retail, Hurricane Sandy, Black Friday
Hurricane Sandy sparked spending in the Northeast, but Black Friday is national and so has more impact on retail sales.
Posted In: foreclosure, Wall Street, private equity, Housing
Hedge funds and private-equity funds are buying up hundreds of foreclosed homes at a time, turning them into rentals, crowding out first-time home buyers looking for bargains.
Posted In: Housing, foreclosures, hedge funds
Some cities with high foreclosure rates actually have housing shortages now, not a glut of foreclosed houses on the market. President Obama's mortgage-relief plan has helped, but another factor is hedge funds investing in houses to rent out.
Posted In: ports, port of Long Beach, shipping
Already the strike has idled thousands of trucks and trains that take containers from the Ports of Los Angeles and Long Beach to factories and distribution centers.
Posted In: hybrid cars, Ford, Ford Fiesta, electric cars
Several new electric and hybrid cars were introduced at the Los Angeles Auto Show, but high prices are expected to keep alternative-fuel vehicles a small part of the market. Ford's shot at efficiency: a three-cylinder Fiesta.