Red roses are a unique product — a commodity worth double the price for a very short, 24-hour period: Valentine's Day.To cash in on this demand, flower growers have to figure out how to make millions of roses bloom exactly the right amount, at exactly the right moment, in the middle of February — get them from farms in Africa and South America to your doorstep.On today's show: the logistical miracles and wild risks behind getting red roses to your Valentine.
The world is running out of chocolate. Cocoa is in short supply. Demand is way up, thanks to China and India developing a taste for the sweet stuff. And producing more cocoa isn't so easy. Cocoa is a fussy plant. It doesn't grow in very many places and it gets diseases really easily. Today on the show, we learn about one man in Ecuador who came up with an answer to the global cocoa shortage. A warning here: if you're a die-hard chocolate lover, you might not like it. For more: http://n.pr/1Dg2r5C
Note: Today's show is a rerun. It originally ran in September 2013. Sure, some college degrees lead to higher paying jobs than others. But what's shocking — at least, it was shocking to us — is just how big the gap can be. The most lucrative majors typically lead to jobs with salaries over $100,000 a year. The least lucrative lead to salaries of around $30,000. On today's show, we run the numbers. We talk to people who majored in the most- and least-lucrative subjects. And we hear from an economist who says, when it comes to income, choosing a major is more important than choosing a college.
Note: Today's show is a rerun. It originally ran on May 11th, 2012. You can find more recent data on college costs here. On today's show, we visit beautiful Lafayette College in Easton, Pennsylvania. Price of one year at Lafayette: $55,688. Up 63 percent from the price a decade ago. At least, that's the sticker price — the price you get if you add up tuition, room and board, and all the fees listed on the school's website. But there's a huge gap between the sticker price and what the average student actually pays after figuring in grants and scholarships. That's true at private colleges around the country. Nationwide, the average sticker price is more than twice as high as the price students actually pay, and the gap is getting wider. It turns out, it makes economic sense to have a high sticker price and offer lots of discounts. On the show today, we explain why.