Business | WAMU 88.5 - American University Radio

Business

RSS Feed
NPR

Why Not Go Over The Fiscal Cliff?

The White House is promising to veto a new tax proposal from House Speaker John Boehner. But who's bluffing and what's believable when it comes to fiscal negotiations? And what happens if talks break down? For Tell Me More's 'Why Not?' series, host Michel Martin takes a look at what might be on the other side of the fiscal cliff.
NPR

U.S. Will Sell Off Its General Motors Stock

The Treasury Department says General Motors will buy back 200 million of its own shares; the remaining 300 million shares will be sold off over the next 12 to 15 months.
NPR

UBS To Pay $1.5 Billion For 'Routine And Widespread' Rate Rigging

The Swiss bank, along with others, manipulated a key interest rate that in turn influences what borrowers around the world pay. Chief Executive Sergio Ermotti says UBS was "disappointed to discover what happened."
NPR

Credit Rating Upgrade Is Good News For Greece

A day after eurozone lenders finally released about $45 billion in loans to Greece, a top credit agency raised its rating on the country by a six points. It's a rare piece of good news for Greece, which still faces Depression-level unemployment and at least another year of recession.
NPR

Boehner Pushes 'Plan B' To Avoid 'Fiscal Cliff'

The effort to avoid the automatic spending cuts and tax hikes of the "fiscal cliff" is taking a detour in the House of Representatives. Negotiations are still underway, but House Speaker John Boehner is also pushing ahead with what he calls "Plan B."
NPR

Day 8 Of 112 Days Of Tax Deductions

Morning Edition continues with its 12 Days of Tax Deductions series which focuses on individual tax deductions, credits and other breaks in the tax code. Steve Inskeep and David Greene report on the state and local income tax deduction - or sales tax deduction for states with no income tax.

Pages