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Obama To Nominate Jack Lew As Head Of Treasury

President Obama will nominate his Chief of Staff Jack Lew to be the next Treasury Secretary. Lew is a budget expert who could hit the ground running as the treasury tries to cope with a looming debt ceiling, automatic spending cuts and the ongoing push for long-term deficit reduction.
NPR

Latest TV Technoloy: Ultra-High Definition TV.

Television manufacturers have come up with what they hope is the next big thing that will lure people into buying new TVs. Steve Inskeep talks to Bloomberg News technology commentator Rich Jaroslovsky about what TV makers are showing off at the Consumer Electronics Show in Las Vegas.
NPR

Rubles For Minutes, Not Mochas, At Russian Cafe Chain

At most cafes, a customer buys a drink or food and stays as long as it takes to consume it. But a Russian entrepreneur is experimenting with ways to change that: At his Clockface Cafes, money buys time, and everything else — from drinks to snacks to art supplies and event space — is free.
NPR

New Mortgage Rules Would Limit Risky Lending

The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.
NPR

The North Dakota Town Where A One-Bedroom Apartment Rents For $2,100 A Month

The strange troubles of a small town where an oil boom has driven unemployment below 1 percent.
NPR

Labor Secretary Hilda Solis Announces Her Resignation

Secretary of Labor Hilda Solis is resigning, opening up one more slot in President Obama's second-term administration. Solis was the first Hispanic woman to head a Cabinet-level agency in the U.S. government.

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