Listen Live
Donate
 on air
    Schedule

    KCRW

    Read & Explore

    • News
    • Entertainment
    • Food
    • Culture
    • Events

    Listen

    • Live Radio
    • Music
    • Podcasts
    • Full Schedule

    Information

    • About
    • Careers
    • Help / FAQ
    • Newsletters
    • Contact

    Support

    • Become a Member
    • Become a VIP
    • Ways to Give
    • Shop
    • Member Perks

    Become a Member

    Donate to KCRW to support this cultural hub for music discovery, in-depth journalism, community storytelling, and free events. You'll become a KCRW Member and get a year of exclusive benefits.

    DonateGive Monthly

    Copyright 2026 KCRW. All rights reserved.

    Report a Bug|Privacy Policy|Terms of Service|
    Cookie Policy
    |FCC Public Files|

    Back to To the Point

    To the Point

    Stock Market Soars: Should You Care?

    Soaring stock markets and a boom in housing construction are good news but, with high unemployment and declining home ownership, is the wealth failing to trickle down?

    • rss
    Download MP3
    • Share
    By Warren Olney • May 20, 2013 • 51m Listen

    Soaring stock markets and a boom in housing construction are good news for the economy but, with high unemployment and declining home ownership, is the wealth failing to trickle down? We hear conflicting opinions. Also, Iraqi cities are ripped by sectarian violence, stoked by Syria's civil war. On Reporters Notebook, Yahoo is old news in the Internet story, now paying $1.1 billion for upstart Tumblr. Will Tumblr make Yahoo hip? Will they make money?

    Banner image: Evan Leeson

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Anna Scott

      Former KCRW Housing and Homelessness Reporter

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Evan George

      Director of Content, News

    • KCRW placeholder

      Kerry Cavanaugh

      editorial writer at the Los Angeles Times

      NewsNationalPolitics
    Back to To the Point