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NPR

Psy's 'Gangnam Style' Sets Records

Since it was posted in July, the music video for "Gangnam Style," by the Korean rapper Psy, has gotten more than 160 million views. The song recently made it onto the Billboard Hot 100 chart.
NPR

Fed's New Plan Focuses On The Housing Market

The Federal Reserve is launching a new plan to bolster economic growth. It will begin buying up mortgage-backed securities — $40 billion a month — in a bid to drive down mortgage rates. The Fed said it would continue until it sees unemployment come down.
NPR

Home Depot To Close 7 Stores In China

Home Depot, the U.S.-based home improvement big box chain, said it will close seven of its stores in China. The company says they're moving away from the "do-it-yourself" model in China.
NPR

Discouraged In Hunt For A Job, Many Stop Looking

The unemployment rate dropped last month, but it's not all good news. Some 844,000 people have given up on finding a job for one reason or another. Some have decided to go back to school to train for a new career, but others have simply become too dejected to keep trying.
NPR

California Online Sales Tax Faces Enforcement Hurdle

Starting Saturday, California shoppers will begin paying sales tax on more online purchases. It's the eighth state to pass a so-called "Amazon tax," named after the mega e-tailer. But most of the sales tax owed will remain uncollected.
NPR

Ben Bernanke: Fed Is Looking For 'Sustained Improvement' Of Economy

The Federal Reserve chief said the new policy aims to stabilize economic growth.

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