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HSBC Executive Resigns During Money Laundering Hearing

A Senate subcommittee investigation found the bank made it easier for Mexican cartels to launder money and for Iranian firms to bypass sanctions.
NPR

HSBC Accused Of Letting Cartels Launder Money

A Senate committee looked at the failure of HSBC bank to police money laundering.
NPR

All Eyes Are On Yahoo's New Female CEO

Former Google executive Marissa Mayer is now the new CEO of Yahoo. It is noteworthy both because she is one of a select few women in executive positions in Silicon Valley and because after the announcement she said she is soon expecting her first child. Audie Cornish speaks with former executive and long-time Valley resident Robin Wolaner about the news.
NPR

States Make Tough Calls To Close Budget Gaps

Over half of U.S. states will have to close a combined budget gap of 55 billion dollars, according to a report by the Center on Budget and Policy Priorities in the 2013 fiscal year. To avoid raising taxes, most states are implementing continued cuts to deal with budget shortfalls.
NPR

Romney Repeats No-New-Tax-Releases Stance, Defends Offshore Accounts

Romney tells conservative National Review he doesn't want to release pre-2010 tax returns because it will give Obama fodder to "lie, distort."
NPR

Debt, Debt And More Debt: Is Democracy To Blame?

The federal debt is at record levels and growing. States are "grappling with unprecedented fiscal crises," a new report says. And Europe's debt mess threatens the world economy. Some scholars think, like Plato, that democracy is the problem.
NPR

In 'Dour' Report, Fed's Bernanke Says Economy Has Decelerated

Though the central bank expects "moderate" economic growth in coming quarters, Bernanke offers a sober assessment of current conditions. But there is brighter news: Home builders say they're growing more confident about the housing sector's recovery.

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