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British Bank Agrees To $340 Million Settlement Over Laundering Charges

Standard Chartered Bank was accused of laundering money for Iranian banks.

British Bank Settles After Hiding Iranian Transactions

The British bank accused of using its New York branch to launder money from international transaction has agreed to pay New York's top banking regulator $340 million. Regulators said the bank schemed to hide more than 60,000 financial transactions totaling $250 billion for Iranian clients. The bank denied the charges. Audie Cornish talks with Jim Zarroli.

Secret Side Of The Drought: Many Corn Farmers Will Benefit

Thanks to low yields from the drought, corn prices are high, which means corn farmers make money. This is despite the impression from in many news reports that all farmers are suffering because of the weather.

What A Very Old Menu Tells Us About The Price Of Steak

We found a 1918 menu from Delmonico's, a New York steakhouse. Here's what it taught us about the U.S. economy.

Back-To-School Shoppers Open Wallets, But Carefully

After months of sitting on their wallets, Americans went shopping in July. The uptick is boosting economists' hopes for a reasonably strong back-to-school season, but shoppers seem to be spending carefully. Retailers are looking for clues about how the holiday shopping season will turn out later in the year.

Retail Sales Jump, But Will Rising Gas Prices Hurt?

July saw the largest retail sales increase in months, according to the Commerce Department. But not all the news is rosy. NPR Senior Business Editor Marilyn Geewax joins guest host Jacki Lyden to take a look at consumer spending and the "back to school" season.

Reach For The Fries? Apple Slices Recalled For Possible Listeria Contamination

Sliced and chopped apples shipped all over the U.S. by Ready Pac Inc., are recalled over concerns about Listeria found on plant equipment. So if you've been choosing apples over fries lately, you might want to hit pause.

Retail Sales Rose 0.8 Percent In July; More Than Expected

The gain could be a sign that consumers are growing more confident.

Luxury Cars Do Poorly In New Type Of Crash Test

The first models tested to see how they do in a particularly deadly type of crash — when the front corner of a car strikes a tree or other stationary object — generally did not offer very good protection.