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NPR

Cashing In On The Fantasy-Sports Economy

People paid $1.7 billion to play in fantasy leagues last year. Real businesses are springing up to try to profit from the fantasy economy.
NPR

House Nears Vote To Fund Government, Defund Obamacare

The Republican-controlled House is set to vote Friday on a stopgap spending bill to keep the government open for business through the middle of December. And the White House has already said if it makes it to the president's desk, he'll veto it. That's because the bill also would defund the Affordable Care Act.
NPR

EPA Wants To Limit Greenhouse Gases From New Coal Power Plants

Under the proposal from the Environmental Protection Agency, new plants that run on coal would only be permitted to emit about half as much carbon dioxide as the average coal plant puts into the air today. Emissions from the electricity industry are already declining as utilities turn to natural gas and wind farms.
NPR

Making Food From Flies (It's Not That Icky)

One of the really big challenges facing our world is how to grow more food without using up the globe's land and water. One company in Ohio says we've been ignoring one solution: insects. It's using larvae of the black soldier fly to convert waste into feed for fish or pigs.
NPR

Turkey's Lira Falls To Its Lowest Value In Years

Potential changes in economic policy from Washington have sent tremors throughout emerging economies. In Turkey, where growth in recent years has put Eurozone economies to shame, the signs are troubling: The Turkish lira has fallen to its lowest value in years and private sector debt is soaring. Economists say continued liquidity and foreign investment remains crucial if Turkey is to avoid a hard landing.
NPR

JPMorgan Chase To Pay Huge Fine In London Whale Settlement

JPMorgan Chase has agreed to pay regulators more than $900 million in fines over last year's London Whale trading fiasco. A handful of rogue traders at the bank lost more than $6 billion in a bad derivatives trading strategy. The traders then concealed the losses from senior executives for weeks. JPMorgan also formally admitted wrongdoing in the settlement with four different regulators.
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Walmart Starts Hiring Process For First Two D.C. Stores

The first of six Walmart stores in D.C. are slated to open soon, and the company has opened hiring centers to start recruiting employees.

NPR

War On Poverty Still Worth Fighting?

It has been almost 50 years since President Lyndon Johnson declared a "War on Poverty." But more than 15 percent of Americans still lived in poverty last year, according to a new report by the U.S. Census Bureau. Host Michel Martin discusses how the country is tackling poverty today with researcher Isabel Sawhill and economics professor Martha Bailey.
NPR

Whale Of A Fine: JPMorgan Chase To Pay $920M In Penalties

Traders in JPMorgan's London offices racked up huge losses last year and then tried to cover up what happened. Now, the bank is admitting the violations and agreeing to pay nearly $1 billion to regulators in the U.S. and U.K.
NPR

Jobless Claims Rose Less Than Expected Last Week

Economists thought they would hear there had been about 330,000 applications filed for unemployment insurance. Instead, the Bureau of Labor Statistics estimates there were 309,000. Changes in two states' computer systems, however, may still be affecting the data.

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