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NPR

Happy Renters Stay On Homeownership Sidelines

U.S. homeownership rates have fallen to their lowest point since 1997, despite the homebuyer tax credit and enduring rock-bottom interest rates. Two years ago on Morning Edition, we profiled two couples who were renting with no regrets. Have they changed their tune?
NPR

Post Office Reports Another Quarter Of Losses

The Postal Service announced Thursday that it lost more than $3 billion during the first three months of the year. Post office officials are pushing Congress to give it more authority to cut some of its burgeoning costs.
NPR

Sony Shares Fall To Their Lowest Level Since 1980

The drop on Japan's Nikkei stock exchange follows Thursday's report that the company suffered a net loss of $5.7 billion for the last fiscal year. The once dominant tech company has fallen behind other industry giants like Samsung and Apple, and seen especially heavy losses in its TV division.
NPR

JPMorgan Chase Loses $2 Billion In Risky Trades

J.P. Morgan Chase reported $2 billion in losses over the last six weeks, and said there may be more to come. In a news conference shortly after the market closed Thursday, CEO Jamie Dimon said the losses stemmed from a credit default swap that was "poorly executed and poorly monitored."
NPR

Where Teenagers Run The Economy

At the High School Fed Challenge, students compete to see who does the best impression of a central banker.

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