Federal Reserve Chairman Ben Bernanke told a conference of economists on Monday that despite data pointing to an economic recovery, many people still feel stressed. He said the economic well-being of Americans is the Fed's ultimate objective — that is, the sense that things are going well.
Standard Chartered Bank's New York office is accused of laundering up to $250 billion in Iranian funds over the past decade. The bank isn't well known in the U.S. but it does a huge amount of business in Asia, Africa and the Middle East.
India's massive power outage last week points to a major problem for developing nations: supply is struggling to keep up with the growing demand — an imbalance that can affect the reliability of electric grids. Grid catastrophes are rare, but blackouts can be an everyday feature of life.
Renee Montagne talks Dr. Atul Gawande about his article in the upcoming issue of The New Yorker, about whether the health care industry can learn something about service delivery and controlling costs from a restaurant chain.
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