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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?

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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

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