Economics Reporter, Christian Science Monitor
Economics reporter for the Christian Science Monitor, covering topics from Wall Street to national economics
PROFILE
Ron Scherer
Guest
FROM Ron Scherer
To the Point
The Growing Credit Crisis President Bush signed the " economic rescue " into law Friday but the stock markets are declining anyway in New York and around the world. Today, the Federal Reserve said it would buy up commercial paper to get lending started again. Will taxpayers be saddled with more debt?
To the Point
Risk Assessment, Climate Change and Insurance Rates Last year, the global insurance industry saw revenues of more than $3 trillion--a third more than revenues from oil and gas, and it adds up to enormous economic and political clout. In the late 60's, insurers lost 1 to 2% of premiums to weather-related catastrophes. From 1984 to 2004, the average was 3.3%.
Recommended
The 805
One year later, the threat of more mudslides still exists One year ago, torrential rain pelted the hillside community of Montecito, which was scorched a month earlier by the Thomas Fire. It unleashed a flow of mud and boulders the size of cars and killed 23 people. We check in with the community one year later and talk about what’s being done to prevent another debris flow.
KCRW Features
What are LA parents doing with their kids during the strike? During the teacher strike, a lot of students are not going to class. According to the district’s tally, about 163,000 turned up for school Tuesday, out of a total of about half a million. Some are spending their time on the picket line. Older students might go study at Starbucks or play hooky. But the parents of younger children in L.A.