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.

Planet Money
1:53 am
Fri May 9, 2014

When Lyrics Get Posted Online, Who Gets Paid?

Rap Genius

Originally published on Mon May 12, 2014 1:26 pm

Any time a song is popular, you'll find people debating it. And at some point during that debate, someone is going to Google the lyrics.

There are roughly 5 million searches for lyrics per day on Google, according to LyricFind. Those searches often lead to websites that post lyrics to lots of songs — and, in many cases, sites that post ads alongside those lyrics.

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Planet Money
1:28 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 9:38 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
4:35 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 10:05 am

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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