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NPR

Ryan's Mission For Fed: Focus On Prices, Not Unemployment

Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the Federal Reserve.
NPR

British Bank Agrees To $340 Million Settlement Over Laundering Charges

Standard Chartered Bank was accused of laundering money for Iranian banks.
NPR

British Bank Settles After Hiding Iranian Transactions

The British bank accused of using its New York branch to launder money from international transaction has agreed to pay New York's top banking regulator $340 million. Regulators said the bank schemed to hide more than 60,000 financial transactions totaling $250 billion for Iranian clients. The bank denied the charges. Audie Cornish talks with Jim Zarroli.
NPR

Secret Side Of The Drought: Many Corn Farmers Will Benefit

Thanks to low yields from the drought, corn prices are high, which means corn farmers make money. This is despite the impression from in many news reports that all farmers are suffering because of the weather.
NPR

What A Very Old Menu Tells Us About The Price Of Steak

We found a 1918 menu from Delmonico's, a New York steakhouse. Here's what it taught us about the U.S. economy.
NPR

Back-To-School Shoppers Open Wallets, But Carefully

After months of sitting on their wallets, Americans went shopping in July. The uptick is boosting economists' hopes for a reasonably strong back-to-school season, but shoppers seem to be spending carefully. Retailers are looking for clues about how the holiday shopping season will turn out later in the year.
NPR

Retail Sales Jump, But Will Rising Gas Prices Hurt?

July saw the largest retail sales increase in months, according to the Commerce Department. But not all the news is rosy. NPR Senior Business Editor Marilyn Geewax joins guest host Jacki Lyden to take a look at consumer spending and the "back to school" season.
NPR

Reach For The Fries? Apple Slices Recalled For Possible Listeria Contamination

Sliced and chopped apples shipped all over the U.S. by Ready Pac Inc., are recalled over concerns about Listeria found on plant equipment. So if you've been choosing apples over fries lately, you might want to hit pause.
NPR

Retail Sales Rose 0.8 Percent In July; More Than Expected

The gain could be a sign that consumers are growing more confident.

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