Puerto Rico needs to make a $422 million payment on its bonds, but it’s a payment it can’t afford; Facebook will create a new class of shares to sell to investors that don’t give investors voting power; and how the Halloween “scare industry” is at work year-round.
Segments From this episode
Why Facebook created a new kind of stock
by Tracey Samuelson
Apr 28, 2016
The company's new C class shares means more control, and it's not the only company to use a tiered system.
Stranded — Puerto Rico in debt
Puerto Rico faces $422 million interest payment on bonds
by Andy Uhler
Apr 28, 2016
The territory is deep in debt and with an upcoming payment deadline, citizens are feeling the strain.
Halloween is a $7.5 billion year-round industry
by Lisa Napoli
Apr 28, 2016
With monster fests every weekend, the scare industry is a massive money maker
Health insurance spikes in 2017 may mean more competition
by Dan Gorenstein
Apr 28, 2016
Premiums are on the rise, but savvy consumers are shopping for the best deals
Consumer spending is slowing down and so is the GDP
by Mitchell Hartman
Apr 28, 2016
Gross domestic product rose 0.5 percent at the start of 2016, with business investment and exports falling, and spending by consumers slowing down.