Pei Hsuan Chen

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The Roundup: How the oil boom turned young men away from school

<b>Are good jobs bad for education?</b><p>If Canada is worried about a skills shortage (and it is), maybe the continuation of our economic funk is just what the doctor ordered. Because when the economy is booming, it's pretty hard to convince people to step off the gravy train and go to school.<p>Statistics …

New federal rule gives home buyers better access to appraisals

WASHINGTON — A new federal rule could give millions of home buyers insights they've never had before about a crucial element of their mortgage application: the appraisal, including the electronic cross-checks and reviews now used by lenders to determine the amount of the loan they'll approve.<p>The …

Opinion

Letters to the Editor<p>On this day

Wall Street facing tighter scrutiny as regulators move on Volcker rule

Wall Street is facing tighter scrutiny of its trading activities after US regulators moved on Tuesday to impose stricter rules on the types of trades banks can make following the financial crisis.<p>The long-delayed “Volcker rule” is aimed at curbing high-risk trading on Wall Street of the kind blamed …

Year 2 of sequester: Gloom looming

Budget negotiators have a big reason to strike a deal this week: averting the pain from a second year of sequestration, which could make the first 12 months of spending reductions seem mild in comparison.<p>The looming cuts promise to hurt military troop readiness and limit FBI agents who keep tabs on …

Budget talks worry those not in room

Largely shut out of the budget negotiations, Capitol Hill’s minority parties are getting increasingly antsy about the emerging agreement.<p>Senate Republicans and House Democrats are learning the details of a possible deal largely through the media. For Republicans, their unease is caused by news that …

Cuomo in '16? Think again

New York Gov. Andrew Cuomo developed an early posture after his 2010 election of keeping his head down and ignoring national politics, almost never venturing beyond his home turf for the states that settle presidential races. Most believed it was essentially an act — one that he’d inevitably drop …

'Tis the Season to Flip! Create Your Own Catalogs on Flipboard

‘Tis the Season to Flip! Create Your Own Catalogs on Flipboard<p>Inside Flipboard / November 11, 2013<p>Time to think about gifts, wishlists and holiday …

Forests and Flying Frogs: New Friends in Far Away Places

Wildlife<p><i>Jodi Rowley is a National Geographic grantee discovering and documenting the diversity, ecology and conservation status of highly threatened amphibians in the forested mountains of Vietnam.</i><p>—–<p>Although my passion for amphibians and their conservation brought me to this mountainous region in …

How To Ensure Your Brand Story Stands The Test Of Time

It’s hard enough to survive the stress of building a company. It’s an even bigger challenge to make that company a leading brand within your industry. Becoming known locally, nationally, or even internationally as a trusted resource takes years of dedication, great press, and very few — if any — …

China holds its breath on eve of meeting that could shape future

In a military-run hotel in west Beijing, China’s 400 most senior leaders are locked in a conclave to thrash out the country’s future. But can they come up with a plan bold enough to match the ambitions of their people?<p>As Beijing’s arid summer turned to autumn, Zhang Jianyi packed the suitcases of …

In Reform Push, China Won't Copy The West

China might be known as the greatest copy-cat of all time, from fake Nikes to fake iPhones. But there’s one thing Beijing won’t copy, Communist Party leaders said this weekend, and that is Western style capitalism.<p>The much-anticipated Third Plenum of the Chinese Communist Party got under way …

For Libyan Oil And Gas, It's Not Getting Better

Based on the progress made immediately after the collapse of the long-standing government of Muammar Gaddafi, it was easy to get excited about the prospects of Libya’s energy potential. After all, this was the continent’s largest reserve of crude, open to the public in a way it had not been in …

Twitter's CEO: Our Growth Will Come From TV Integration And Better Onboarding

<i>Adios</i>, quiet period! Moments after the opening bell ushered in Twitter’s first day of trading on the New York Stock Exchange, CEO Dick Costolo sat for an interview with CNBC.<p>With Twitter shares looking set to open trading above $40 — well in excess of the $26 price set by the company — the social …

Here's What China's Renminbi Will Look Like In 2020

The Chinese trade in renminbi is going to be worth nearly 30% of their international trade by 2020, according to a research note by Standard Chartered's Becky Liu and her team. This is projected to be worth $3 trillion.<p>That's $3 trillion that could otherwise be denominated in dollars. And this has …

Doctor Shortage Could Ease As Obamacare Boosts Nurses, Physician Assistants

Though a physician shortage appears inevitable as more Americans get health coverage under the Affordable Care Act, new research indicates new primary care models using nurse practitioners and physician assistants could “eliminate” the scarcity of primary-care doctors.<p>Researchers at the nonprofit …

China plans to prove the sceptics wrong | Financial Times

Foreign commentators and local bloggers regularly predict that China is heading for an economic and political crisis. But the country’s leaders are …

Prohibition-era moonshine is on the rise

The modern drink elevates above the rotgut of yore to feature on bar menus nationwide.<p>Inside a barrel, beside a cabin, deep within an Appalachian hollow and far from the long arms of the law is where moonshine once sparkled.<p>Actually, it probably still shines there today.<p>But nowadays, you also can …

Alliance Boots targeted by campaigners over 'aggressive' tax regime

Alliance Boots, which became Britain's biggest private equity buyout in 2007, could have received UK tax bills of more than £1.1bn over the last six years, had colossal interest payments on the group's billions of pounds of borrowings not depressed the chemist and retail group's UK profits, …

Medical device makers flex muscle

Several key lawmakers advocating a medical device tax repeal deal to end the current fiscal standoff could be rewarded by more than just a peacemaker reputation.<p>The olive branch they’re offering could boost their campaign coffers.<p>Reps. Ron Kind (D-Wis.), Erik Paulsen (R-Minn.) and Jim Matheson …

Gaza chokes as Egypt's economic garotte tightens

In Gaza City's main market Mohammed Hilis stood disconsolately among piles of fruit and vegetables, waiting for customers. In the runup to Eid al-Adha, the second most important festival in the Muslim calendar, the market was unusually quiet. Steep price rises, unpaid salaries and layoffs – the …

Models, Rules And High School Dropouts: A Guide To The Economics Nobel

While a few gamblers bet real money on potential Nobel Prize winners, at Planet Money we're content to merely speculate. We're particularly interested in who might win the economics prize, which will be announced Monday morning.<p>The good folks at Thomson Reuters are interested, too. Each year, …

Help to Buy: the buyers who benefited from phase one

While controversy continues to rage about the merits or otherwise of Help to Buy, the first phase of the scheme – which went live in April this year – appears to be running quite smoothly. The government says more than 3,000 sales were completed under the scheme in England during its first four …