Zoe Chace

Zoe Chace explains the mysteries of the global economy for NPR's Planet Money. As a reporter for the team, Chace knows how to find compelling stories in unlikely places, including a lollipop factory in Ohio struggling to stay open, a pasta plant in Italy where everyone calls in sick, and a recording studio in New York mixing Rihanna's next hit.

In 2008, Chace came to NPR to work as an intern on Weekend Edition Saturday. As a production assistant on NPR's Arts Desk, she developed a beat covering popular music and co-created Pop Off, a regular feature about hit songs for Morning Edition. Chace shocked the music industry when she convinced the famously reclusive Lauryn Hill to sit down for an interview.

Chace got her economic training on the job. She reported for NPR's Business Desk, then began to contribute to Planet Money in 2011. Since then Chace has also pitched in to cover breaking news for the network. She reported live from New York during Hurricane Sandy and from Colorado during the 2012 Presidential election.

There is much speculation on the Internet about where Chace picked up her particular accent. She explains that it's a proprietary blend: a New England family, a Manhattan childhood, college at Oberlin in Ohio, and a first job as a teacher in a Philadelphia high school.

The radio training comes from the Salt Institute for Documentary Studies, and collaboration with NPR's best editors, producers and reporters.

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Planet Money
5:02 pm
Wed April 9, 2014

Across The Atlantic, Glimpse An Alternate Internet Universe

Originally published on Thu April 10, 2014 9:53 am

Transcript

AUDIE CORNISH, HOST:

Already for many Americans, there are few options when it comes to high-speed broadband. And the reason, says Zoe Chace with our Planet Money team, goes back to a moment when the U.S. decided to go one way and the rest of the world went another.

ZOE CHACE, BYLINE: That moment, March 14th, 2002, a bunch of people from the Federal Communications Commission pondering an existential question. There's this brand-new cable coming into your home with the Internet on it. What is this thing?

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Business
5:11 am
Thu March 27, 2014

When Everyone Wants To Watch 'House Of Cards,' Who Pays?

Melinda Sue Gordon Netflix

Originally published on Mon March 31, 2014 12:18 pm

We are going to trace one simple Internet request. It's one that lots of people have made lately.

Rachel Margolis, a Time Warner cable subscriber in Brooklyn, wants to watch an episode of House of Cards on Netflix.

When Rachel clicks on House of Cards on her TV screen, her request travels out of her apartment on a cable, to a box on the corner, then under the East River to a giant building on the West Side of Manhattan. Think of the Empire State Building, turned on its side.

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Europe
4:09 pm
Fri March 7, 2014

Behind Ukraine's Political Strife: One Big Utility Bill

Cossacks stand guard at the entrance to the Crimean Parliament building on Friday in Simferopol, Ukraine. Russian Cossacks, some heavily armed, have taken up guard duties at road checkpoints, border crossings and other key facilities that were previously guarded by local, pro-Russian militants across Crimea in recent days.
Sean Gallup Getty Images

Originally published on Fri March 7, 2014 7:29 pm

One way to understand the situation between Ukraine and Russia right now: Look at the gas bill of an ordinary Ukrainian.

Valentina Olachenka, for example, pays $19 a month for gas to heat her house and run her stove. The average American who uses natural gas, by contrast, spends more than $100 a month.

Gas is cheap for Ukrainians because the government is paying most of the bill — 87 cents of every dollar, according to the IMF.

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Planet Money
3:28 am
Fri February 28, 2014

An Old Law, A Snowy Winter, And A Modern-Day Salt Shortage

Jay Field MPBN Radio

Originally published on Fri February 28, 2014 11:38 am

There were so many winter storms in New Jersey this year that the state nearly ran out of the salt used to melt snow and ice on the roads.

State officials thought they had found a solution when they discovered an extra 40,000 tons of rock salt for sale up in Searsport, Maine.

The state bought the salt but ran into problems getting it to New Jersey — despite the fact that there was an enormous, empty cargo ship, sitting at the Searsport port, headed down to Newark.

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Planet Money
3:43 am
Thu February 20, 2014

What It Was Like To Be A Wall Street Recruit After The Bailouts

John Angelillo UPI/Landov

Originally published on Thu February 20, 2014 10:05 am

Back in 2012, reporter Kevin Roose went undercover at a very exclusive party.

It was a dinner for a secret society, held once a year, at the St. Regis hotel in New York City. The secret society is called Kappa Beta Phi, and it's made up of current and former Wall Street executives — people like Michael Bloomberg, former heads of Lehman Brothers, Bear Stearns, Goldman Sachs. And every year the group holds a dinner to induct new people into the group — they're called neophytes.

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Planet Money
4:41 pm
Wed February 19, 2014

Spirit Airlines Taps A Nation Of Hate Fliers

Joe Raedle Getty Images

Originally published on Thu February 20, 2014 1:29 am

Spirit Airlines is one of the fastest-growing airlines in America. Last week, we flew Spirit from New York to Fort Lauderdale for $68.99 each. Cheap!

But that doesn't count fees. We paid $30 extra to pick our seats ahead of time. Once you're on the plane, a bottle of water costs $3. Even putting a bag in the overhead bin costs money on Spirit.

Somewhere between New York and Florida, the guy sitting across the aisle from us leaned over and said, "This sucks."

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Planet Money
5:30 am
Tue January 28, 2014

White House Reminds Firms Not To Overlook Long-Term Jobless

Originally published on Tue January 28, 2014 8:20 am

Transcript

STEVE INSKEEP, HOST:

Here's another item likely to be part of tonight's State of the Union address: helping the long term unemployed. The president is expected to announce that some of America's firms have signed a pledge not to discriminate against the long term unemployed when they're hiring. This week, the president plans to meet with many of the CEOs of those companies. NPR's Zoe Chace from our Planet Money team reports on the surprising experiment that, in part, lead to this meeting.

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Planet Money
5:11 am
Thu January 16, 2014

How Perverse Incentives Drive Up Health Care Costs

Originally published on Thu January 16, 2014 3:07 pm

Transcript

STEVE INSKEEP, HOST:

Emergency medical technicians, EMTs, are trained to save your life and aim to get you to a hospital as quickly as possible when needed. One thing they are usually not asked to do is to find ways to save money.

NPR's Zoe Chace explores one experiment in New York City that is trying to cut emergency care costs and cut return trips to the E.R.

ZOE CHACE, BYLINE: I'm in an ambulance, and we're on the way to the emergency room.

PETER DERMODY: How long have you been feeling like this, Michael?

MICHAEL: Like, two days.

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Planet Money
5:31 pm
Fri January 10, 2014

How A Community Bank Tripped On Footnote 1,861 Of The Volcker Rule

Originally published on Fri January 17, 2014 12:05 pm

When people talk about the Volcker Rule, they often mention JPMorgan Chase, the giant bank where a trader recently made a bad bet that lost $6 billion. The Volcker Rule is supposed to put an end to that sort of thing, by prohibiting banks from trading with their own money.

But some banks that are very, very different from JPMorgan Chase are struggling with an obscure provision in the rule. Specifically, footnote 1,861, which bars banks from investing in something called trust-preferred securities — a rather obscure investment favored by lots of small, community banks invest

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Business
4:30 am
Thu December 26, 2013

The Secret Protectionism Buried Inside NAFTA

Originally published on Thu December 26, 2013 7:49 am

Transcript

DAVID GREENE, HOST:

Now NPR's Zoe Chase, from our Planet Money Team, reminds us about one industry that played a big role in NAFTA's passage: men's underwear.

ZOE CHACE, BYLINE: Now you're used to the labels: made in Mexico, made in China, made in Bangladesh. But back in the '80s, when they were first talking about NAFTA, about half of American clothing was made in America, by people like this.

BERTHA MARR: Graduated from the eighth grade, then went straight on in to working at Fruit of the Loom.

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