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As Economy Cools, Brazilians Find Themselves Trapped In Debt

Brazil's banks started giving easy credit about eight years ago. The country was booming, and a new consumer class was created, fueling growth. But that boom is now over, and Brazilians are some of the most indebted people in the world.

Frontrunner For Fed Chair Saw Financial Crisis Coming

Now that Larry Summers has withdrawn his name from consideration to lead the Federal Reserve, Janet Yellen, Vice Chair of the Fed, has emerged as the frontrunner. For more on Yellen and her career, Audie Cornish talks with Alan Blinder, a professor of economics at Princeton University.

CBO Report: Long-Term Deficit Picture Gloomy

The Congressional Budget Office reported Tuesday that the nation's long term deficit picture is gloomy, despite a slowed rate in the rise of healthcare costs. The biggest factors: Tax cuts locked into place by the fiscal cliff deal and the long-standing problems of an aging population.

Why Outlets Often Get It Wrong In Breaking News Coverage

Coverage of the Navy Yard shootings has been intensive and sometimes inaccurate. David Folkenflik talks with Audie Cornish about the pressures at work in covering a breaking story.
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The Greek Yogurt Craze

We explore what's behind the Greek yogurt craze and how it's affecting the yogurt products in your supermarket.


Poverty Rate Unchanged In 2012

There were 46.5 million Americans below the poverty line last year, the Census Bureau says, vs. 46.2 million in 2011. In another sign that the economy's recent growth hasn't translated into better times for many Americans, Census said the median household income was $51,017, vs. 2011's $51,100."

Drive To 'Create Stuff' Brings Immigrant Success

Entrepreneur Fernando Espuelas speaks with host Michel Martin about why he thinks more Latino business leaders need to step up to the plate. Espuelas was named by PODER Magazine as one of "The Nation's 100 Most Influential Hispanics" in 2012.

#LATISM: Digital Media's Pull For Latinos

Reports show that Latinos are plugged into social media, but does this mean they are turning from traditional media? Host Michel Martin speaks with Viviana Hurtado, founder of The Wise Latina Club, and entrepreneur Fernando Espuelas about how social media is helping to empower Latinos.

Why Is The Global Shipbuilding Business Struggling?

One word: oversupply. Too many ships were built before the 2008 global economic crisis. This drove down shipping rates, forcing the industry to scale back. The effects are still being felt. This week, a Finnish shipbuilder said it would close a yard that employed 700 workers.

No Inflation In Sight As Federal Reserve Policymakers Meet

Consumer prices rose just 0.1 percent in August and were up only 1.5 percent from a year earlier. The report seems to fit with the notion that the Federal Reserve has accomplished its objective: Give the economy enough of a lift to keep it moving, but not so much that inflation takes off.