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NPR

JPMorgan 'Rogue Trader' Losses Send Chills Through Markets

The largest U.S. bank lost $2 billion due to a single, London-based "rogue trader," the company's CEO admits.
NPR

Freddie Mac Names Retired JPMorgan Official CEO

Mortgage broker Freddie Mac named Donald Layton as its new chief executive officer. Layton worked for JPMorgan Chase for nearly 30 years before retiring in 2004.
NPR

Chefs Fight California's Foie Gras Ban

California is set to impose the nation's first statewide ban on foie gras this summer. Nearly eight years have passed since the bill enacting the ban was signed.
NPR

Candidates Must Juggle Inconsistent Economic Data

Every day there's a new economic indicator. Some are up. Some are down. And all are spun by the political parties.
NPR

Consumers To Spend More On Mom This Mother's Day

According to a survey by the National Retail Federation, mothers will be treated to a little more this holiday. All told, American consumers are expected to spend about $18.6 billion on the moms, stepmoms or grandmas in their lives.
NPR

Happy Renters Stay On Homeownership Sidelines

U.S. homeownership rates have fallen to their lowest point since 1997, despite the homebuyer tax credit and enduring rock-bottom interest rates. Two years ago on Morning Edition, we profiled two couples who were renting with no regrets. Have they changed their tune?

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