Yuki Noguchi

Housing-Market Watchers Edgy As Mortgage Rates Keep Climbing

Yuki Noguchi — Fri, 14 Jun 2013 21:14:00 +0000

Mortgage rates have seen a relatively sharp rise this month. The average 30-year fixed-rate loan hit 4 percent earlier in June — a big jump from the record lows of recent years. Some investors are now concerned that the housing recovery could be stifled if rates continue to rise quickly.

The Federal Reserve has two main missions: to maximize employment and minimize inflation.

Poll: Majority Of Americans Comfortable With Surveillance

Yuki Noguchi — Wed, 12 Jun 2013 21:08:00 +0000

Transcript

AUDIE CORNISH, HOST:

It is no surprise that privacy advocates are deeply disturbed by the NSA's data collection. The ACLU has already sued the Obama administration. But the general public appears to feel less alarmed. One poll indicates a majority of Americans are comfortable with the NSA's surveillance. Still, many wonder what they can do to control their information.

50 Years After The Equal Pay Act, Gender Wage Gap Endures

Yuki Noguchi — Mon, 10 Jun 2013 06:56:00 +0000

On this day 50 years ago, President John F. Kennedy signed the Equal Pay Act in an effort to abolish wage discrimination based on gender. Half a century later, the Obama administration is pushing Congress to pass the Paycheck Fairness Act, designed to make wage differences more transparent.

Some dispute the frequently cited figure that women are paid 77 cents for every dollar a man earns.

Retired Gen. David Petraeus Heads To Wall Street

Yuki Noguchi — Thu, 30 May 2013 20:33:00 +0000

Retired Gen. David Petraeus is headed to Wall Street where he will join Kohlberg Kravis Roberts, a firm that invests globally in everything from real estate to coffee to biotech.

Over nearly four decades in the military, Petraeus traveled the world on diplomatic and intelligence missions. Even then, he says in a video posted Thursday on KKR's website, he occasionally viewed these trips through an investor's lens.

"[I] would occasionally wonder: Why aren't there U.S.

JPMorgan Shareholders Consider Splitting CEO, Chairman Jobs

Yuki Noguchi — Tue, 21 May 2013 08:22:00 +0000

Transcript

STEVE INSKEEP, HOST:

JPMorgan Chase holds its annual shareholder meeting today in Tampa, Florida, and the shareholders will vote on a key measure: a proposal to strip the CEO, Jamie Dimon, of his other title, chairman of the board. A growing number of companies have split the CEO and chairman roles.

Shareholder activists and corporate governance experts say having a balance of power at the top helps to reduce risk. The bank and its supporters disagree.