Republican Mitt Romney is running on the strength of his business background. He says he knows how to fix the economy in part because of his success at Bain Capital. But history is not necessarily on Romney's side. Very few businesspeople have made it to the White House.
We celebrate the deeply embedded ideal of the American dream every day, and yet the phrase has always been fraught. For many, there is no dream, so here, we give you "A Brief Diary of the American Nightmare."
Auto sales are on the rise in Detroit, and not just for people with perfect credit. Chrysler and other companies are targeting customers with subprime credit, and giving them interest rates well above what you might imagine. Host Michel Martin speaks with NPR's Sonari Glinton about who's doing it, and what it might mean for the economic recovery.
As Spain's borrowing costs continue to go through the roof, the European Commission proposes a "banking union" for the 17-country eurozone. The plan would include a fund to protect individual governments from being overwhelmed by the cost of bank rescues.
Only 8 percent of U.S. employers surveyed have plans to drop health coverage altogether. But half of the companies questioned by consulting firm Oliver Wyman do plan on make big changes to the coverage they offer.
The people of Ireland vote Thursday on a European treaty that imposes strict budgetary rules on eurozone nations. It's triggered a heated debate in Ireland about whether austerity measures are working. The Irish government says rejecting the treaty would cut Ireland off from future EU bailout funds, and isolate the nation.
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