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NPR

FDIC Says In 2012, Banks Posted Second-Best Earnings On Record

U.S. banks made $141.3 billion in net income last year. That's second only to the profit they made in 2006, before the financial crisis. Many of the banks that profited the most, have benefitted from a government bailout.
NPR

Home Sales, Consumer Confidence And Bernanke All On Positive Side

But the Federal Reserve chairman warns Congress that the "sharp, front-loaded spending cuts" that would come with the so-called sequester could hurt the economy. He recommends "policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run."
WAMU 88.5

US Health Care Costs

What makes U.S. health care so expensive: Understanding the complex pricing schemes that drive up costs, create an enormous tax burden and bankrupt households.

NPR

Oxfam Gives Big Food Companies Bad Behavior Grades

When it comes to protecting the environment and issues like worker well-being and women's rights, 10 of the world's biggest food producers get failing grades from Oxfam, an activist group for the poor.
NPR

Shipyard Workers Worry About Sequestration Furloughs

Military communities are keeping a wary eye on the sequester debate in Washington, D.C. In Maine, employees of the Portsmouth Naval Shipyard have already been dealing with budget cuts. Now they could face furlough days as well. The smaller payroll could send shock waves through the local economy.
NPR

Has The Nook Saved Barnes & Noble From Going The Way Of Borders?

In 2009, when Barnes and Noble was focused on competing with Borders, the company held out the arrival of the Nook as a force that would propel them to success. Now Borders is gone but Barnes and Noble is competing with corporate behemoths Apple and Amazon, and the Nook is falling far back in the pack.
NPR

CBS Adds To New TV Formula With 'Golden Boy'

CBS has capitalized on its consistently high ratings with shows like CSI and NCIS, but the network is trying out a new formula. It is combining crime-of-the-week stories with longer ongoing story arcs in show like Elementary and Golden Boy, which starts Friday. TV critic Eric Deggans says CBS is trying to keep interest going in the shows so it can capitalize on syndication deals.
NPR

Bernanke On The Hill, Paper's Name To Change

Federal Reserve Chairman Ben Bernanke is in front of the Senate Banking Committee Tuesday. And, the International Herald Tribune will be changed to the International New York Times this fall.

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