Yuki Noguchi

Yuki Noguchi is a correspondent on the Business Desk based out of NPR's headquarters in Washington D.C. Since joining NPR in 2008, she's covered business and economic news, and has a special interest in workplace issues — everything from abusive working environments, to the idiosyncratic cubicle culture. In recent years she has covered the housing market meltdown, unemployment during the Great Recession, and covered the aftermath of the tsunami in Japan in 2011. As in her personal life, however, her coverage interests are wide-ranging, and have included things like entomophagy and the St. Louis Cardinals.

Prior to joining NPR, Yuki started her career as a reporter for The Washington Post. She reported on stories mostly about business and technology, and later became an editor.

Yuki grew up with a younger brother speaking her parents' native Japanese at home. She has a degree in history from Yale.

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Crisis In The Housing Market
4:35 pm
Wed November 14, 2012

Foreclosed Homeowners Getting Back In The Market

Millions of U.S. families have a recent foreclosure on their record. Typically, that means waiting at least seven years before securing another home loan. But some families say they are having luck buying again — sometimes in as few as three years.
Justin Sullivan Getty Images

Originally published on Wed November 14, 2012 6:15 pm

Buyers are coming back into the housing market after losing their homes during the financial crisis — returning to homeownership more quickly than lenders have typically allowed.

With millions of families with recent foreclosures on their records, some report that they are having luck buying a house — in some cases within three years.

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Economy
4:28 pm
Mon November 12, 2012

Opportunities Emerge For Vets In Tough Job Market

Last year, Congress passed legislation that — among other things — gave employers tax credits for hiring vets.
Haraz N. Ghanbari AP

Originally published on Mon November 12, 2012 6:28 pm

Many veterans aren't just looking for a job; they're looking for a career, a calling and, of course, financial stability. Those recently separated from the military have to confront what is still a fairly weak civilian job market.

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Superstorm Sandy: Before, During And Beyond
12:15 am
Sun November 4, 2012

Insurance Companies Rethink Business After Sandy

This aerial photo shows destruction in the wake of Superstorm Sandy on Wednesday in Seaside Heights, N.J.
Mike Groll AP

Originally published on Sun November 4, 2012 4:56 pm

Superstorm Sandy capped what's been a pretty impressive couple of years for U.S. natural disasters. There have been wildfires, tornadoes, floods and derechos. And insurance companies are on the hook to pay billions in related claims.

"We're seeing more of everything, and what we're doing is trying to factor that in going forward as we work with others to have a better sense of what the future holds," says State Farm spokesman David Beigie.

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NPR Story
4:52 am
Tue October 16, 2012

Manufacturers Financially Support Hiring Vets

Originally published on Tue October 16, 2012 10:45 am

Transcript

RENEE MONTAGNE, HOST:

And four major manufacturers say they will start offering financial support for the training of military veterans. The corporations are taking part in a program called Get Skills to Work Coalition. It has said its initial goal at training 15,000 vets.

NPR's Yuki Noguchi reports.

YUKI NOGUCHI, BYLINE: Unemployment among veterans has been falling, as it has for everyone else. The jobless rate among vets serving after 2001 now stands at 9.7 percent, but that's still about 2 percentage points higher than the general population.

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Business
4:20 am
Wed October 3, 2012

Homeowners Facing Foreclosure Get New Protections

Originally published on Wed October 3, 2012 10:14 am

Transcript

RENEE MONTAGNE, HOST:

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Solve This
3:32 am
Tue October 2, 2012

Candidates Say Little On Difficult Issue Of Housing

Despite millions of troubled mortgages around the country, housing hasn't been a major issue in the presidential race so far.
Justin Sullivan Getty Images

Originally published on Tue October 2, 2012 1:08 pm

Housing continues to be a big issue for the economy, and for many voters. But so far it hasn't been a major issue in the presidential campaign. Perhaps that's because both sides agree that there's no easy fix for the problem of millions of troubled mortgages.

The Problem:

Cathy Busby and her husband co-owned a realty office in Denver when they bought their house in 2006. The next year, the market for houses dried up, leaving them with little income as their house lost value.

Now, she says, she considers herself "poverty level."

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Economy
4:24 am
Fri September 14, 2012

Discouraged In Hunt For A Job, Many Stop Looking

A job fair was held at the The Walter E. Washington Convention Center in Washington, D.C., last month. The U.S. unemployment rate declined in August in part because the number of "discouraged workers" climbed.
Chip Somodevilla Getty Images

Originally published on Fri September 14, 2012 11:43 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
5:56 pm
Wed September 5, 2012

Democratic Convention Draws Troubled Homeowners

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.
Yuki Noguchi NPR

Originally published on Wed September 5, 2012 7:03 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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Business
5:56 am
Thu August 30, 2012

Mortgage Settlement Overseer issues Report

Originally published on Thu August 30, 2012 7:42 am

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
2:46 am
Fri August 17, 2012

Low Mortgage Rates Boost 'Serial Refinancers'

Originally published on Fri August 17, 2012 2:35 pm

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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