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Banking Giants Settle Currency Manipulation Charges

Six banks, including Citigroup, Bank of America and J.P. Morgan Chase, will pay regulators more than $4 billion to settle charges they manipulated the currency exchange market to boost profits.
NPR

As U.S. Leads Growth, It Wants Others To Step Up

U.S. Treasury Secretary Jack Lew has a message for the leaders of other advanced economies: You have to shape up! The global economy is relying too heavily on just the United States for growth.
NPR

Big Banks Will Pay $4.25 Billion In Fines Over Currency Manipulation Charges

U.S. firms Citigroup and JPMorgan Chase will pay the largest fines, around $1 billion each, to settle civil charges that they colluded to manipulate the foreign exchange market.
NPR

Anti-Poverty Groups Prepare For Battles With New Congress

They've been fighting to maintain government spending for social services during a tough economy. In January, they'll face an all-Republican Congress, and the likelihood of steeper cuts has increased.
NPR

Chinese Shoppers Set Record For 'Singles Day' Shopping Spree

A day meant to celebrate being single has turned in to the world's largest shopping event. But it's unlikely to catch on in the U.S.
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IRS Warns Tax Filing Deadlines And Refunds Could Be Delayed

The Internal Revenue Service has warned of tax season chaos if Congress fails to pass a series of breaks by the end of November.
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U.S. And China Move Toward Ending Tariffs On High-Tech Gear

The existing tariff system, which adds as much as 25 percent to the cost of American high-tech exports, covers more than $4 trillion in annual trade, the White House says.
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Politics And A Food Fight Are Stalling A Major U.S.-Asia Trade Deal

Supporters of expanded trade with Asian nations hoped this week would bring completion of a major deal, but U.S. and Japanese negotiators — and Obama and congressional Republicans — still don't agree.
NPR

Study Shows Long-Term Benefits Of Welfare Program

Data from the Mothers Pension Program, launched at the turn of the 20th century, finds benefits on education, income and longevity. It's the first to document benefits over the span of a century.
NPR

Low Gas Prices Haven't Slowed Domestic Drilling — Yet

With gas prices plunging below $3 a gallon, motorists have plenty to celebrate. But people in oil-producing states, where low prices mean fewer jobs and less government revenue, are starting to worry.

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