Business

RSS Feed
NPR

Jobless Rate Ticks Down To 7.3 Percent; 169,000 Jobs Added

The news is close to, but a bit less strong, than what economists had been expecting. Within the report, though, was a troubling revision: It's now estimated that just 104,000 jobs were added to payrolls in July, not the 162,000 previously thought.
NPR

'Pretty Solid Jobs Report' Likely; Will Fed Then Dial Back?

As soon as the August jobs report is released Friday morning, speculation will begin about how the central bank will react.
NPR

Istanbul, Madrid, Tokyo Vie For Olympics, But Is It Worth It?

Each city has strong selling points, but also serious problems. They each hope the games jump-start their economies. But the jury's still out on whether mega-sporting events do that.
NPR

India's New Central Banker Steps Into A Perfect Storm

The new chairman of the Reserve Bank of India infused a sense of much-needed optimism this week, but analysts say the exuberance is unlikely to last. India's economic growth has crashed, its currency has plunged and prices are up. After a decade of high growth rates, India is now the sick man of Asia.
NPR

Millennials Force Car Execs To Rethink Business Plans

There's been a sort of collective freak-out in the auto industry about millennials and their waning interest in cars. Our series, reporting on the changing relationship between youth culture and the automobile, draws to a close.
NPR

G-20 Fears An End To Fed's Quantitative Easing

Some G-20 members are worried the Federal Reserve will soon scale back the quantitative easing measures that helped to stimulate the U.S. economy during the Great Recession. An end to those policies might have a severe impact on countries such as Indonesia, which have benefited from the global economic growth that quantitative easing caused.
NPR

Bidding War Breaks Out For Small Strip Of Land

Two Wall Street types competed for a narrow lot bordering both of their properties. The county in New York intended to sell the lot for $10. The winning bid was $120,000.
NPR

Fed Watches Friday's Jobless Data For Signs To End Stimulus

The jobless rate dipped to 7.3 percent in August as 169,000 jobs were added to public and private payrolls, the Bureau of Labor Statistics estimated. This report has taken on special significance because it could affect the Federal Reserve's plan to begin phasing out its bond-buying program.
NPR

Olympic Committee To Announce 2020 Summer Games Host

Saturday in Argentina, the International Olympic Committee will announce the host of the 2020 Summer Games. The committee is choosing from among Istanbul, Madrid and Tokyo. The contenders all have strong selling points, but each also has serious issues clouding its bid.
NPR

Rates Come Down On Jumbo Mortgage Loans

The interest rate on jumbo mortgages — those that exceed a government-set cap of $417,000 — has fallen below the rate for traditional loans. Mortgage industry observers say it's the first time this has happened.

Pages