Business | WAMU 88.5 - American University Radio

Business

RSS Feed
NPR

Could The American Opportunity Credit Be Cut Out?

Republicans and Democrats are locked in a battle over how to cut spending and raise revenue to avoid the "fiscal cliff." This could mean meddling with tax deductions. For the next two weeks, Morning Edition is taking a closer look at individual deductions and tax credits that might be on the chopping block.
NPR

What Happens If We Fall Off The 'Fiscal Cliff'?

President Obama and congressional Republicans have been trying to negotiate a deal to avert the automatic tax hikes and spending cuts known as the "fiscal cliff." But what happens Jan. 1 if no agreement is reached? Some experts say not much will happen — at least not immediately.
NPR

Detroit Tries To Stave Off State Takeover Of Finances

If the mayor and City Council can't agree on a plan to reduce the budget deficit, state officials are poised to take away their power over Detroit's purse strings. The mayor and the council blame each other for the impasse. And with the deficit deepening, residents' frustration continues to mount.
NPR

HSBC Reaches $1.9B Deal Over Money Laundering

HSBC bank has reached a record $1.9 billion settlement with federal and state authorities over money laundering. All Things Considered host Robert Siegel talks to NPR's Jim Zarroli.
NPR

'Profoundly Sorry' HSBC Reaches $1.9B Settlement In Money-Laundering Case

The deal settles allegations that HSBC ignored red flags of massive money laundering by Mexican drug cartels and allowed transfers of billions of dollars from sanctioned nations like Iran.
NPR

Forget The Register: Stores Use Mobile To Make Sales On The Spot

Cash registers may be on the wane in some stores as more retailers help customers complete purchases using mobile devices. It's convenient for shoppers, and retailers benefit by leaving customers less time to change their mind about a purchase.

Pages