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Bay Area's Steep Housing Costs Spark Return To Communal Living

Young professionals "co-living" in San Francisco-area mansions say they're doing more than cutting costs and promoting sustainability — they're building communities, and tech-powered social networking makes it easier.
NPR

Top SAC Capital Manager Guilty Of Insider Trading

Michael Steinberg, the highest-ranking employee at the hedge fund to be convicted in an insider trading sweep, was found guilty on five counts of conspiracy and securities fraud.
NPR

A Tiny Taper, In 2 Graphs

In the past five years, the Fed has created $3 trillion out of thin air. In that context, today's news is vanishingly small.
NPR

Federal Reserve To Cut Stimulus By $10 Billion A Month

Federal Reserve policymakers surprised many in the financial markets Wednesday with a decision to begin the so-called "taper." The Fed will cut the amount of its stimulus by $10 billion a month. The stock market pushed higher on the news.
NPR

People Buying Health Insurance Get A Bit More Time To Pay

People now have until January 10 to pay for their first month of coverage through the health exchanges. But people using the federal exchange still have to get signed up by Dec. 23. Some states have pushed deadlines even later.
NPR

The Man Who Duped Millionaires Into Paying Big Bucks For Fake Wine

Rudy Kurniawan, once considered one of the world's most formidable wine collectors, was convicted Wednesday of making cheap wine blends in his house and then passing them off as some of the rarest wines in the world, for thousands of dollars each, at auction.
NPR

Fed Says It Will Begin Tapering Off Its Stimulus In January

The Federal Reserve will trim its bond-buying program, reducing its purchases by $10 billion per month.
NPR

Ex-BP Engineer Found Guilty Of Obstructing Justice

Kurt Mix was convicted for deleting text messages that had information about the worst offshore oil spill in the nation's history. That hindered a grand jury's investigation, prosecutors argued. He had been a drilling engineer with BP.
NPR

5 Things We Learned From The Budget Debate

Among the takeaways from congressional votes to approve the bipartisan budget deal: Compromise happens, except on taxes and entitlements. And Congress still works. Well, sort of.
NPR

Already Down 50 Percent, Will Bitcoin Bite The Dust?

Chinese authorities' are cracking down on use of the virtual currency. So the value of a bitcoin has plunged. Many experts expect further declines.

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