Business | WAMU 88.5 - American University Radio


RSS Feed

Bidders Get Feisty Over Foreclosed Homes

The inventory of homes for sale in California is low, even in areas with high foreclosure rates. That's made any available home enticing to buyers. But with so few houses for sale, bidding wars have returned. In many cases, investors are squeezing out the families trying to buy.

Why It's Illegal To Braid Hair Without A License

Licensing rules are supposed to protect the public. But they also raise prices and make it harder for people to find work.

When 'Madagascar' Meets Children's Claritin

An advocacy group has complained to the Federal Trade Commission that Merck is improperly marketing the allergy remedy Claritin to kids. At issue are tie-ins with the movie Madagascar 3.

Bernanke: Federal Reserve Expects 'Slow Progress' On Unemployment

The Federal Reserve chairman said they expect the unemployment rate to remain at the same level through the year.

Federal Reserve Extends 'Operation Twist' Through 2012

The Federal Open Market Committee said it was adding $267 billion to the program that seeks to bring down long-term interest rates.

The Fed In 3 Phrases: Decoding Bernanke And Co.

The Federal Reserve ends its two-day meeting Wednesday by offering its assessment of the economy and then declaring its latest plan for making things better. Will the Fed's monetary policy formula offer another dash of Operation Twist or a dose of QE3? Read more about these key phrases and what they mean.

Sharp Shows Off 'World's Biggest' LED TV

Japanese electronics maker Sharp says the TV with the 90-inch screen will cost nearly $11,000.