Economics & Economy

A story about steel ... and also, pizza

May 15, 2018

Andris Lagsdin is the inventor of the Baking Steel and the author of "Baking with Steel: The Revolutionary New Approach to Perfect Pizza, Bread, and More." He studied culinary arts, worked in restaurants and eventually came home to work in his family's steel business. Then he figured out how to combine the two. 

The U.S. bond market swoons

May 15, 2018

(Markets Edition) Interest rates moved sharply higher this morning (Tuesday, May 15, 2018) after a solid retail sales report. What does this mean for consumers? Then, we’ll hear a Michigan manufacturing CEO’s thoughts on tariffs ahead of the office of the United States Trade Representative's hearing on the topic. And, emergency rooms are often the first places people end up during a mental health crisis, but hospital officials say many ERs aren’t equipped to help.


Sears explores what assets it might sell

May 15, 2018

Sears has formed a special committee to explore selling off more parts of the struggling business. What assets still have value? The Kenmore appliance brand, for one, and Sears Home Services, a home improvement business. But the company has already sold off many assets, so its value is dwindling. One interesting wrinkle: A hedge fund operated by Sears CEO Eddie Lampert is a potential buyer. The company’s board of directors has formed an independent committee to see if there are any other interested buyers out there.

Emergency rooms are often the first places people end up during a mental health crisis. But many ERs aren’t really equipped to help. After they check in, patients can end up staying in emergency rooms for days just waiting for in-patient psychiatric treatment elsewhere. As emergency rooms see a growing number of behavioral health patients, hospital officials say resources are strained.

A version of this story ran on WABE. 

With all the talk of immigration reform, one of the president’s immigration proposals has gotten less attention lately: Trump and many republicans want to eliminate a law that lets naturalized U.S. citizens sponsor their parents and siblings for permanent residency in the United States. The White House says the rule doesn’t make sense for a “modern economy.” But how exactly does family-based immigration affect the economy?