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European Union Fines Banks Billions For Rigging Interest Rates

Two U.S. banks — JPMorgan Chase and Citigroup — are on the list of institutions targeted by the EU fines. At more than $2 billion, the largest fine ever issued by the European Union in such a case came after a two-year investigation into banks' collusion.
NPR

U.S. Job Growth Surged In November, Report Signals

The latest ADP National Employment Report says private employers added 215,000 jobs last month, making it the strongest month for job growth since a year ago. And in October, America's trade gap narrowed on the strength of record exports to China, Canada and Mexico.
NPR

Confirmation: Selfies Are Forces Of Evil

Darth Vader has posted on Instagram a photo of his face — more precisely his iconic black helmet. The photo launched the Star Wars Instagram account — a marketing effort by Disney which has a new release out this month.
NPR

A Toast To The End Of Prohibition

The 21st Amendment of the Constitution was ratified 80 years ago — ending the prohibition of alcohol as imposed by the 18th Amendment in 1920. There is no denying alcohol does play a big role in our economy. According to the National Beer Wholesalers Association, 1.78 million Americans are employed by the brewing industry alone.
NPR

Next Stop Bangladesh As We Follow Planet Money's T-Shirt

Bangladesh is the cheapest place in the world to make a T-shirt. But this month, the minimum wage there will rise from $39 a month to $68 a month. That's got some factory owners nervous about whether Western retailers there will pull out. Our Planet Money team examines the future of the garment industry in Bangladesh.
NPR

Loophole Or Workaround? (Food Stamp Edition)

In the debate over whether to cut the food stamp program, members of Congress are looking at two pretty arcane provisions in the law.
NPR

City Workers Fret Over Pensions As Detroit Enters Bankruptcy

A federal judge has ruled Detroit qualifies for bankruptcy. But the cash-strapped city, laden with roughly $18 billion in long-term debt, faces a long road to regain financial solvency. Unions whose members face pension payment cuts are appealing the ruling, and the ultimate decision about paying the pensions may be made by the U.S. Supreme Court.
NPR

Advertising Push Helps Last Month's Car Sales

November was a better than expected sales month for the auto industry. Carmakers saw their sales go up nearly 9 percent over last year, and the increase had a lot to do with advertising.
NPR

Federal Health Insurance Website Features 'Reset' Button

The Obama administration is renewing its sales push for the president's signature health care law. On Wednesday, officials host a "youth summit" at the White House, where young people will be encouraged to sign up for insurance coverage. Their participation is crucial to help balance out the cost of insuring older, sicker people.
NPR

Around The World, Ford's Mustang Fuels A Dream

On Thursday, Ford will unveil the new generation of its iconic pony car in the U.S. and cities around the world. The Mustang is eagerly awaited in Europe, where it hasn't been sold since 1979.

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