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NPR

Slow But Better Than Thought: 4th Quarter GDP Revised Up Again

The economy grew at a 0.4 percent annual rate in the last three months of 2012, the government estimates. That's better than what economists initially reported.
NPR

Cheap Natural Gas Pumping New Life Into U.S. Factories

Many economists say Americans are witnessing a "manufacturing renaissance," thanks to abundant and reliable energy sources.
NPR

Banks In Cyprus Reopen As Island's Economy Hits Reboot

Cypriots face tough restrictions on how much money they can withdraw. And the island nation's economy, which is based on financial services, faces the prospect of having to start over again.
NPR

Researchers Expect Oil Demand To Plateau By Decade's End

A report by analysts at Citigroup says a shift from oil to natural gas that began in the United States is about to follow suit in other countries. The report says gas may supplant oil for generating electricity in the developing world and will also become more commonly used for transportation.
NPR

Manufacturing Redux Benefits Texas Gulf Coast

Millions of Americans have lost factory jobs over the past decade, but U.S. manufacturing is coming back to life. And that's in large measure because of the discovery of abundant supplies of cheap natural gas. The gas can be used to fire up plants, and its byproducts can be used to make chemicals. All of that is creating jobs.
NPR

After 2-Week Closure, Cypriot Banks Reopen

The Mediterranean island nation's leaders are hoping to prevent a bank run. Customers could see limits on cash withdrawals that could last for months. The terms of the bailout deal are a shocking outcome for a country which built itself on its banking industry.

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