Yuki Noguchi

Yuki Noguchi is a correspondent on the Business Desk based out of NPR's headquarters in Washington D.C. Since joining NPR in 2008, she's covered business and economic news, and has a special interest in workplace issues — everything from abusive working environments, to the idiosyncratic cubicle culture. In recent years she has covered the housing market meltdown, unemployment during the Great Recession, and covered the aftermath of the tsunami in Japan in 2011. As in her personal life, however, her coverage interests are wide-ranging, and have included things like entomophagy and the St. Louis Cardinals.

Prior to joining NPR, Yuki started her career as a reporter for The Washington Post. She reported on stories mostly about business and technology, and later became an editor.

Yuki grew up with a younger brother speaking her parents' native Japanese at home. She has a degree in history from Yale.

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10:51am

Wed February 6, 2013
Business

In Cost-Saving Move, Post Office Cuts Saturday Delivery

Transcript

DAVID GREENE, HOST:

NPR's business news begins with an ending.

(SOUNDBITE OF MUSIC)

GREENE: The U.S. Postal Service has just announced the end of first class mail deliveries on Saturday. It is part of an effort to slow enormous financial losses. And NPR's Yuki Noguchi has come into the studio to tell us what all this means for customers and the Postal Service. And Yuki, so when will my Saturday deliveries stop?

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6:09pm

Wed January 30, 2013
Business

Grounding Of 787s Creates Doubts About 'Business As Usual' At Boeing

Originally published on Wed January 30, 2013 7:39 pm

Investigators are still looking into the cause of fires and overheating aboard Boeing's new 787s.
Shizuo Kambayashi AP

Boeing generated more cash than expected last year and reclaimed the top spot over rival Airbus as the world's biggest airplane maker.

But all that was overshadowed by the fact that its entire fleet of 787s is grounded after batteries on two of its planes either overheated or caught fire.

"For 2013, our first order of business, obviously, is getting the 787 back into service," Boeing CEO James McNerney says.

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5:53pm

Thu January 17, 2013
Crisis In The Housing Market

Homebuilding Is Booming, But Skilled Workers Are Scarce

Originally published on Thu January 17, 2013 6:29 pm

New homebuilding reached a 4 1/2 year high in December, welcome news for an industry that lost 2 million jobs during the downturn. Despite those job losses, the sector is experiencing a labor shortage in some parts of the U.S.
Tony Dejak AP

The construction industry in the U.S. is staging a comeback. In one indicator, the Commerce Department announced Thursday that new homebuilding has reached its highest level in 4 1/2 years.

While that's a promising sign for the industry, more than 2 million construction jobs have been lost in the sector since employment hit its peak. While some might expect that means plenty of people are ready to fill the new jobs, many markets around the country are actually experiencing a shortage of construction workers.

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3:24am

Thu January 10, 2013
Your Money

New Mortgage Rules Would Limit Risky Lending

Originally published on Thu January 10, 2013 3:04 pm

New federal mortgage rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.
Mel Evans AP

The Consumer Financial Protection Bureau is releasing Thursday much anticipated new mortgage rules, which will restrict the kind of subprime lending practices that caused both the financial and housing sectors to crash five years ago.

The new rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.

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3:54pm

Wed December 26, 2012
NPR Story

Labor Force Participation At Lowest Point In 3 Decades

Originally published on Wed December 26, 2012 7:24 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

7.7 percent, that's the current unemployment rate. It's a full percentage point lower than this time last year. That sounds like progress, a modest number of new jobs are being added every month. But labor force participation, a measure of both people who are working and those who are actively looking for work, is at its lowest point in three decades.

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5:34pm

Thu December 6, 2012
Economy

Businesses, Not Consumers, Sour On Economy

Originally published on Thu December 6, 2012 6:40 pm

Shoppers carry bags during Black Friday sales at the South Shore Plaza in Braintree, Mass. Right now, consumers are feeling positive, but the mood among businesses is at recession levels.
Allison Joyce Getty Images

When it comes to the economy, consumers and business owners have very different takes right now. Consumers are feeling positive, but the mood among businesses is at recession levels.

In a word, business owners are bummed.

"What we've found is that a lot of that optimism is not there right now," says Dennis Jacobe, chief economist for Gallup, which polled these small-business types just after the election.

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2:22am

Wed December 5, 2012
Your Money

More Large Retailers Ease Customers' Path To Credit

Originally published on Wed December 5, 2012 9:09 am

Home Depot has long offered credit cards, partly to serve customers who have just suffered major house damage. The company has recently widened those efforts. Here, a Tampa, Fla., customer buys a generator and bottled water, preparing for Tropical Storm Isaac's arrival in August.
Joe Raedle Getty Images

Retailers are finding more ways to offer their customers financial products — mortgages, loans and the like. In the past, people looked to banks for this kind of product. But big-box stores are trying to find new ways of getting money to those who cannot use banks, or want to avoid them altogether.

Costco may be best known for pallets of bottled water or bulk toilet paper that can last a family an entire year. But earlier this year, it also added mortgages to its growing array of financial offerings.

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5:19pm

Thu November 29, 2012
Business

A Bet Or A Prediction? Intrade's Purpose Is Debated

Originally published on Thu November 29, 2012 6:02 pm

Ireland-based Intrade lets users bet money on all manner of predictions — like if a particular film will win an Oscar. The site is ceasing operations in the U.S.
NPR/Intrade screen grab

The popular website Intrade allows its users to bet on the odds of almost anything — like whether Syrian President Bashar al-Assad will get ousted by a certain date, or whether the movie Argo will win best picture at the Oscars.

This week, Ireland-based Intrade announced that U.S. users will have to unwind their bets and shut down their accounts by the end of the year. That's after the Commodity Futures Trading Commission sued Intrade for operating an unregistered exchange.

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4:35pm

Wed November 14, 2012
Crisis In The Housing Market

Foreclosed Homeowners Getting Back In The Market

Originally published on Wed November 14, 2012 6:15 pm

Millions of U.S. families have a recent foreclosure on their record. Typically, that means waiting at least seven years before securing another home loan. But some families say they are having luck buying again — sometimes in as few as three years.
Justin Sullivan Getty Images

Buyers are coming back into the housing market after losing their homes during the financial crisis — returning to homeownership more quickly than lenders have typically allowed.

With millions of families with recent foreclosures on their records, some report that they are having luck buying a house — in some cases within three years.

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4:28pm

Mon November 12, 2012
Economy

Opportunities Emerge For Vets In Tough Job Market

Originally published on Mon November 12, 2012 6:28 pm

Last year, Congress passed legislation that — among other things — gave employers tax credits for hiring vets.
Haraz N. Ghanbari AP

Many veterans aren't just looking for a job; they're looking for a career, a calling and, of course, financial stability. Those recently separated from the military have to confront what is still a fairly weak civilian job market.

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12:15am

Sun November 4, 2012
Superstorm Sandy: Before, During And Beyond

Insurance Companies Rethink Business After Sandy

Originally published on Sun November 4, 2012 4:56 pm

This aerial photo shows destruction in the wake of Superstorm Sandy on Wednesday in Seaside Heights, N.J.
Mike Groll AP

Superstorm Sandy capped what's been a pretty impressive couple of years for U.S. natural disasters. There have been wildfires, tornadoes, floods and derechos. And insurance companies are on the hook to pay billions in related claims.

"We're seeing more of everything, and what we're doing is trying to factor that in going forward as we work with others to have a better sense of what the future holds," says State Farm spokesman David Beigie.

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5:16pm

Tue October 30, 2012
Around the Nation

Losses From Sandy Could Reach $50 Billion

Transcript

ROBERT SIEGEL, HOST:

Homeowners, businesses, and insurance companies are still assessing the damage from the storm in much of the eastern U.S. But some early estimates are in.

And as NPR's Yuki Noguchi reports, Hurricane Sandy inflicted heavy economic damage.

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4:52am

Tue October 16, 2012
NPR Story

Manufacturers Financially Support Hiring Vets

Originally published on Tue October 16, 2012 10:45 am

Transcript

RENEE MONTAGNE, HOST:

And four major manufacturers say they will start offering financial support for the training of military veterans. The corporations are taking part in a program called Get Skills to Work Coalition. It has said its initial goal at training 15,000 vets.

NPR's Yuki Noguchi reports.

YUKI NOGUCHI, BYLINE: Unemployment among veterans has been falling, as it has for everyone else. The jobless rate among vets serving after 2001 now stands at 9.7 percent, but that's still about 2 percentage points higher than the general population.

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10:18am

Sat October 6, 2012
Economy

Jobs Report Has Surprising Results

Originally published on Sat October 6, 2012 7:55 pm

Transcript

(SOUNDBITE OF MUSIC)

SCOTT SIMON, HOST:

This is WEEKEND EDITION from NPR News. I'm Scott Simon. The jobless rate fell sharply to 7.8 percent in September, which happens to be exactly where it was when President Obama took office. That's according to the U.S. Labor Department's latest monthly jobs report. But even though the unemployment rate dropped, the Labor Department's payroll survey reveals that businesses did not significantly hire new people. NPR's Yuki Noguchi has this report on how experts are interpreting the numbers.

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5:40pm

Fri October 5, 2012
Economy

Apprenticeship, Social Support Keys In Job Training

Originally published on Fri October 5, 2012 11:07 pm

Transcript

MELISSA BLOCK, HOST:

The new jobs report, out today, shows a sharp drop in the unemployment rate. But millions of Americans are, of course, still looking for work. Often, the bridge between them and a good job is a training program to help give them a new set of skills. Programs to retrain America's workforce got quite a bit of attention in Wednesday's presidential debate, and NPR's Yuki Noguchi reports on one of them here in Washington.

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