At the height of the housing crisis, low-income Americans had many opportunities to buy a home with the help of subprime mortgages, which proved to be disastrous. But those battered by the crisis continue to find paths to home ownership, despite financial disincentives.
Billionaire Chaleo Yoovidhya, who co-founded Red Bull and was Thailand's second richest man, died on Saturday at the age of 89. Weekends on All Things Considered host Guy Raz remembers the man that would eventually give people wings.
The stock market hit some major milestones this week: The Standard & Poor's 500 index reached its highest level in more than three years and the Nasdaq rose to its highest level in 11 years. Still, the Federal Reserve has been warning not to get too excited about where the economy is headed next.
The civil trial for the owners of the New York Mets is set to begin Monday. The outcome could hinge on the question of "willful blindness" — whether Fred Wilpon and Saul Katz should have known that the Ponzi scheme run by their friend Bernie Madoff was too good to be true.
The story became the show's most popular podcast and inspired a petition, signed by hundreds of thousands, demanding better working conditions for factory workers. But, now, This American Life says Daisey fabricated many aspects of the story.
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