Economics & Economy

On today's show, we'll talk about investors who putting their money into automated indices; how golf courses in Arizona make ends meet in the heat; and the rise in Nintendo's worth to more than $42 billion. 

Investment returns falter at CalPERS

Jul 19, 2016
Annie Baxter

 

The country’s largest public pension fund, the California Public Employees' Retirement System, posted its worst year for investment returns since the financial crisis.

In the fiscal year ending June 30th, CalPERS registered an annual gain of 0.6 percent, far below its goal of 7.5 percent.

Just like regular savers, pension funds have been under intense pressure due to a sustained period of low interest rates and a fair amount of market volatility.

Scott Free TV's chief on riding the content wave

Jul 19, 2016
Kai Ryssdal and Bridget Bodnar

Scott Free Productions, the company founded by Ridley and Tony Scott, received Emmy nods for "The Good Wife," which wrapped up its final season on CBS and received four nominations. Also receiving four nominations was "The Man in the High Castle," an Amazon series that Scott Free produced.

David W. Zucker is the president of television at Scott Free Productions. He said "there are more possibilities and opportunities [in television] than ever before. There’s over 50 buyers, networks or outlets for my content, which is frankly extraordinary."

Kai Ryssdal

The Television Academy announced this year's Emmy nominees last week. David W. Zucker, President of Television at Scott Free Productions, got the nod for two very different shows produced by his company. "The Good Wife," appearing on CBS received four nominations and so did "The Man in the High Castle," an Amazon series.

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How golf courses beat the heat

Jul 19, 2016
John Jenkins

For a lot of the country, this is peak season for the golfing industry. But in the Southwest, it’s just the opposite. High temperatures keep golfers off the links, while water and upkeep costs strain maintenance budgets. In Arizona, courses take different approaches to make ends meet.

At the Tournament Players Club (TPC) in Scottsdale, it’s noon and the temperature on the first tee is 105 degrees.

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