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NPR

Jobless Claims At Five-Year Low; Home Building Hit Five-Year High In 2012

The day's economic news is on the positive side: 37,000 fewer people filed claims for unemployment benefits last week; and home construction surged in December and last year.
NPR

New Rules Issued For Mortgage Servicing Companies

Last week, the Consumer Financial Protection Bureau unveiled new rules for mortgage lenders. On Thursday, it releases new rules for the companies that service those loans.
NPR

How Is The Housing Industry's Recovery Faring?

The Federal Reserve has released its latest snapshot of the state of the U.S. economy. Retail and auto sales were up slightly over the year before — as was activity in the housing sector. Renee Montagne talks to David Wessel, economics editor at The Wall Street Journal, about housing's recovery.
NPR

FAA Grounds Boeing's New Jetliner In The U.S.

Most of the world's 787 jetliners are not flying. The Federal Aviation Administration announced late Wednesday it was grounding the U.S. fleet of Boeing's flagship airliner until it's confident the planes are safe. As expected, other countries then grounded their airplanes too.
NPR

Employee Outsources His Own Job To China

What began as a company's suspicion that its infrastructure was being hacked turned into a case of a worker outsourcing his own job to a Chinese consulting firm. That's according to reports that cite an investigation by Verizon's security team. The man was earning a six-figure salary.
NPR

Whole Foods CEO Expects Health Care Costs To Rise

Steve Inskeep continues his conversation with Whole Foods CEO John Mackey, who in 2009 denounced President Obama's proposed health care law. Mackey's new book is Conscious Capitalism.
NPR

Car Sales In Europe Decline

Demand for new cars in the European Union dropped more than 16 percent in December — making last year's sales figures the worst in nearly two decades. Greece, Portugal and Italy all had sales declines of between 20 and 40 percent last year, but even stronger economies like France and Germany experienced declines as well.

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