Charlie Herman

Since President Obama introduced the American Jobs Act in September of this year, he has spoken publicly about it more than 50 times. The jobs report for November comes out this morning and the consensus call is that 125,000 new jobs were created this month. Charlie Herman, economics editor for The Takeaway and WNYC, speaks about the latest jobs numbers as well as specific economic and educational reforms that are trying — with mixed success — to remedy the situation.

The week starts out on an ominous note as the Congressional "super committee" charged with reducing the national debt announces that they will not reach a deal. What went wrong during their negotiations, and where do we go from here? How will markets react? Also, the Euro crisis rages on as another government falls in Spain with the election of a new Conservative party. Finally, another GOP debate, the start of the holiday shopping season, and Thanksgiving traditions from Takeaway guests.

WNYC business and economics editor, Charlie Herman, talks about the latest jobs numbers and the Federal Reserve's announcement of bleaker economic projections.

U.S. businesses kept hiring workers in October even as government payrolls continued to be cut.

Starbucks’ CEO Howard Schultz came to New York City on Tuesday to officially kick off a new feature in his company’s stores that has little to do with coffee and a lot to do with trying to fix the economy.

The markets responded positively to the news last week of a euro zone deal to try and turn around their two-year financial crisis. Marcus Mabry, editor-at-large of the International Herald Tribune, which is the international edition of The New York Times, tells us how he expects the markets to continue to go this week and to be on the lookout at Italy, which could be the next euro zone country to be in financial trouble. Charlie Herman, business and economics editor for WNYC and The Takeaway, looks at the upcoming G20 Summit in France this week, and if they can come up with a framework to deal with Europe's economic troubles.

The NY Federal Reserve Bank played a key role in the 2008 bank bailout. Its chief says he understands why there is anger directed at the bailouts, but the country needs to focus on ho...

Employers added 103,000 jobs in September, keeping the unemployment rate at 9.1 percent. Employers have added an average of only 72,000 jobs in the last five months. The economy must create twice as many in order to keep up with population growth. The figures rebuff grim warnings from economists in recent weeks that the U.S. is headed for a double-dip recession. Many economist continue to be concerned over the growing European sovereign debt crisis, which President Obama said in a press conference on Thursday "could have a very real effect on our economy at a time when it's already fragile."

As President Barack Obama pushes Congress to approve his jobs bill, the latest jobs report out Friday shows 103,000 jobs were created in September — better than most economists and analysts had forecast.

It's Monday morning, which means we're looking at the agenda for the week ahead. President Obama will make a west coast trip this week, hitting Seattle, the San Francisco Bay area, San Diego, Los Angeles and Denver, raising funds for his re-election campaign and advocating for his jobs bill. Back in Washington, D.C., Congress is in the midst of another stalemate over government funds. Meanwhile, some key economic indicators will be released this week, including home sales figures and consumer confidence reports.

Charlie Herman, business and economics editor for WNYC, looks at Bank of America's decision to downsize and layoff 30,000 workers.

U.S. markets plunged sharply Friday amid fears about Europe and skepticism that Congress can pass President Barack Obama's $447 billion jobs package.

Anna Sale, political reporter for It's A Free Country, talks about the response to President Obama's job speech last night and what it will mean for the 2012 elections, and WNYC business and economics editor Charlie Herman discusses the economics of the proposal and how the business world might respond.

The rain is bad news for those in the storm-damaged Catskills where rivers and fields left swollen by Tropical Storm Irene are flooding again.

It's Monday, so we're discussing news ahead for the week. Next Sunday will be ten years since the 9/11 attacks. This will be a week of reflection — not just for Americans but for everyone around the world. As we remember 9/11, many Americans are still without jobs and struggling to make ends meet. Charlie Herman, business and economics editor for WNYC and The Takeaway, says not to expect anything game-changing from Federal Reserve Chairman Ben Bernanke's speech this Thursday in Minnesota on the economic outlook. His speech will be followed by President Barack Obama's jobs speech. And across the Atlantic, Dominique Strauss-Kahn returned to France over the weekend, and the hunt for Col. Muammar Gadhafi continues in Libya.

Driving along Route 28 in the Catskills Mountain, five days after Tropical Storm Irene devastated the region, can be deceptive. It’s a beautiful sunny day. Some leaves are starting t...

As clean up efforts continue in the Catskill towns severely damaged by Tropical Storm Irene, residents of New York City are helping out.

Speaking in the Catskills community of Prattsville, Governor Andrew Cuomo said on Wednesday that he expects damage from Tropical Storm Irene to reach $1 billion as the flood waters receded from rural communities in the mountainous region upstate and elsewhere to reveal the extent of the destruction.

The slow down of the nation's economy does have at least one silver lining for anyone trying to get a mortgage or refinance an existing one.  The average interest rate for a 30-year fixed loan is now 4.43 percent according to HSH.com, a website that tracks mortgage lending across the country.

The Dow Jones industrial average closed down 520 points Wednesday on a day that concern over the weakening economy continued to percolate on Wall Street and send stocks tumbling.