Yuki Noguchi

Credit Emily Bogle / NPR

Yuki Noguchi joined NPR News in May 2008 as a correspondent. She is a general assignment reporter covering business for NPR's National Desk. She began reporting for NPR in Washington during hectic times, with the 2008 presidential race underway and as the economy started to experience severe turmoil. Her stories have ranged from declines in SUV sales at Carmax to profiles of important figures involved in the Wall Street bailout. Noguchi's pieces can be heard on Morning Edition, All Things Considered and Weekend Edition Sunday.

Before joining NPR, Noguchi worked at The Washington Post, first as a reporter and later as an editor. Starting in 1999, she covered economic development. Starting in 2000, she covered telecommunications and wrote stories about the major industry mergers, the Federal Communications Commission and the rise of some of the Internet giants. On the side, she also wrote about her love of swing dancing. Later, she covered consumer technology, writing features about people and their relationships with their gadgets. This was her favorite beat. Most recently, Noguchi directed the paper's coverage of national technology news. Prior to joining the Post, Noguchi reported on business and politics for the St. Louis Post-Dispatch, the Rochester Democrat & Chronicle and The Orlando Sentinel.

Noguchi's parents left Japan to study in the U.S. in the early 1970s. Noguchi and her younger brother grew up in St. Louis. She received her B.A. in history from Yale University. During a year off, she studied in Yokohama, Japan, and worked for Kyodo News Service in Tokyo. She is fluent in Japanese and speaks conversational German. She has forgotten the bulk of a class in Arabic.

Noguchi lives with her husband, Christopher Libertelli, in Bethesda, Maryland. Outside of NPR she practices yoga and still loves swing dancing.

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Economy
1:24 am
Fri September 14, 2012

Discouraged In Hunt For A Job, Many Stop Looking

Originally published on Fri September 14, 2012 8:43 am

The U.S. population is growing. In normal times, the labor force — working or not — would be growing too. But these are not normal times, and the labor force is actually smaller than it was four years ago, meaning millions of people who should be there aren't.

The reasons people drop out of the workforce are myriad. People go back to school. Others have health issues or family priorities that keep them from looking for work. But some stop looking because they are discouraged.

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Crisis In The Housing Market
2:56 pm
Wed September 5, 2012

Democratic Convention Draws Troubled Homeowners

Credit Yuki Noguchi / NPR
David Sole rode a bus from Detroit to the Democratic National Convention in Charlotte, N.C., to protest how the Obama administration and the nation's banks have handled the foreclosure crisis.

Originally published on Wed September 5, 2012 4:03 pm

Charlotte, N.C., host of the 2012 Democratic National Convention, is the nation's biggest financial center outside of New York. But Charlotte and surrounding Mecklenburg County have the highest foreclosure rates in the state, and many thousands of homeowners owe more on their homes than the properties are worth.

As thousands of Democrats converge in Charlotte for the convention, some troubled homeowners have also gathered, lamenting that the foreclosure crisis has not been sufficiently front and center in the presidential campaign.

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Economy
3:23 am
Tue September 4, 2012

Democrat's Convention To Focus On Jobs, Economy

Originally published on Tue September 4, 2012 9:38 am

Transcript

STEVE INSKEEP, HOST:

Now, as you can hear from Scott's report, the economy is a top issue in this campaign.

DAVID GREENE, HOST:

So it's fitting that the Democratic Convention was preceded by Labor Day and will be followed by Friday's release of the latest employment numbers.

INSKEEP: NPR's Yuki Noguchi talked with voters about jobs on Labor Day.

YUKI NOGUCHI, BYLINE: This year, Labor Day festivities came to Charlotte in the form of a huge street party.

(SOUNDBITE OF SINGING)

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Business
4:42 am
Thu August 30, 2012

Mortgage Settlement Monitor Issues First Report

Transcript

STEVE INSKEEP, HOST:

Let's follow up on another story. Earlier this year, five big banks settled the so-called robo-signing case, admitting they rushed the foreclosure processes for thousands of homeowners. Now, those banks are working to forgive and modify $20 billion worth of home loans.

As NPR's Yuki Noguchi reports, yesterday was the first chance to look at how banks are handling this part of the settlement.

YUKI NOGUCHI, BYLINE: Joseph Smith's first full report wasn't due until November, but he was eager to keep the issue top of mind.

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Economy
11:46 pm
Thu August 16, 2012

Low Mortgage Rates Boost 'Serial Refinancers'

Originally published on Fri August 17, 2012 11:35 am

Refinance activity continues to boom, fueling the home-loan market. Low interest rates have created a class of "serial refinancers" — those lucky enough to borrow at lower rates — and given them new opportunities to spend their freed up cash.

Settlement attorney Robert Gratz never used to be on a first-name basis with his clients.

"In the past, our practice was such that you'd see people, and that was the end of it," he says.

Gratz now sees the same faces all the time, of clients refinancing again and again — these days in the mid-3 percent range.

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Business
12:23 am
Fri August 10, 2012

Why Evading U.S. Rules May 'Tempt' Foreign Banks

Credit Matthew Lloyd / Getty Images
Police leave the Standard Chartered Bank's offices Tuesday in London. The bank has been accused of making billions of dollars' worth of transactions with the Iranian regime.

Originally published on Fri August 10, 2012 11:42 am

The allegations this week against London-based Standard Chartered Bank raise questions, not just about the bank's viability but also about the efficacy of U.S. laws when it comes to foreign banks. Standard Chartered allegedly violated U.S. sanctions against Iran, and regulators said the bank's executives lied to investigators as part of a cover-up.

The case serves as yet another reminder that U.S. regulations, which have strengthened since the Sept. 11, 2001, terrorist attacks, apparently did not deter foreign banks from laundering money through their U.S. operations.

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Business
2:27 am
Tue August 7, 2012

Best Buy's Founder Bids To Take Over Retailer

Originally published on Wed August 8, 2012 11:39 am

Transcript

STEVE INSKEEP, HOST:

Best Buy's founder and former chairman is not happy about the way things are going. That's why Richard Schulze said, yesterday, he wants to buy back the shares he does not already own and take the electronics retailer private. Schulze said he decided to publicly announce this offer because the board was taking too much time with it - could be worth nearly $9 billion in cash.

But as NPR's Yuki Noguchi reports, the deal is being met with some skepticism.

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Crisis In The Housing Market
2:07 am
Tue July 31, 2012

Is Housing Recovery Real? Not Everyone Is Convinced

Credit Justin Sullivan / Getty Images
A construction worker carries lumber while working on new homes in San Mateo, Calif., in March. Homebuilding is at its highest level in nearly four years.

Originally published on Tue July 31, 2012 2:08 pm

Housing, the sector that led us into the recession, now looks to be one of the brighter spots in the economy. Homebuilding is at its highest level in nearly four years. More homes are selling, and at higher prices.

The question, of course, is whether this is a solid enough foundation to sustain a full housing recovery.

Lawrence Yun, the chief economist for the National Association of Realtors, says housing woes are largely behind us.

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Business
1:09 am
Thu July 26, 2012

For Temp Workers, 'Temp' Looking More Permanent

Credit Ric Francis / AP
Job applicants outside the Staffmark temp agency in Cypress, Calif., in 2005. Temp hiring is usually a harbinger of an improving job market, but some analysts say more employers may be considering temps as a more permanent staffing solution.

Originally published on Thu July 26, 2012 3:11 pm

While the job market remains sluggish, temporary work is one area that's done very well in the economic recovery. Companies are keeping their temps longer and are even using them to fill professional and high-ranking positions.

The average daily number of temporary workers employed during the first quarter of 2012 was more than 2.5 million. That's up from a low of 2.1 million in early 2009, according to the American Staffing Association.

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Crisis In The Housing Market
12:20 am
Fri July 13, 2012

County Considers Eminent Domain As Foreclosure Fix

Credit Robyn Beck / AFP/Getty Images
Half of San Bernardino County's 300,000 mortgages are underwater. In an attempt to ease the mortgage crisis, the Southern California county is considering taking control of some of those properties by eminent domain.

Originally published on Fri July 13, 2012 8:04 am

County and city officials in San Bernardino, Calif., are considering a controversial plan: using the power of eminent domain to take over "underwater" mortgages, where the value of the home is worth less than the original loan. Taking on those properties, officials say, would allow the homeowners to refinance those troubled loans.

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