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Is Russia's Currency On Its Way To Collapse?

The Russian ruble hit new lows on Tuesday despite efforts by the country's central bank to stop the selling. The currency lost 11 percent of its value.
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Ruble's Drop Has Implications For Global Economy

Russian President Vladimir Putin has been conspicuously silent since the ruble's plunge. Renee Montagne talks to Russian business journalist Kirill Belyaninov about why the ruble is in freefall.
NPR

Fed Officials May Be Closer To Raising Interest Rates

The Federal Reserve is expected to drop the phrase that says it will keep interest rates low for "a considerable time." Renee Montagne talks to David Wessel of the Brookings Institution
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Ruble's Troubles Tied To Falling Oil Prices, International Sanctions

The world benchmark for oil fell below $60 on Tuesday. Russia's Central Bank hiked interest rates in a bid to support the plummeting ruble, but had little success.
NPR

Economists: Congress Gets A Hat Tip (Barely) For Its Efforts

Congress passed no laws addressing the minimum wage, tax reform, trade or immigration this year. But judged by the low recent standards, lawmakers got light applause from economists.
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'Reshoring' Trend Has Little Impact On U.S. Economy, Study Finds

"Reshoring," or bringing U.S. jobs back from overseas, is not as prevalent as has been reported, a consulting firm's research finds. The study found a total of 300 cases from 2013.
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Argentina's Approach To Inflation: Ditch The Peso, Hoard U.S. Dollars

The country's inflation rate is running around 40 percent this year, according to private economists. As a hedge, Argentines are always looking for ways to get their hands on U.S. dollars.
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Russia Boosts Interest Rates To 17 Percent Amid Currency's Slide

The move to raise rates from 10.5 percent is aimed at limiting the ruble's slide and curbing inflation. Sanctions and low oil prices have made it the world's worst-performing major currency this year.
NPR

'Warning Shot': Sen. Warren On Fighting Banks, And Her Political Future

Massachusetts Sen. Elizabeth Warren, a Democrat, took a passionate stand against a provision in the spending bill that rolls back a major part of the Dodd-Frank financial regulation legislation.
NPR

When Grandma's House Is Home: The Rise Of Grandfamilies

In a shift driven partly by culture and largely by the economy, the number of grandparents living with their grandchildren is up sharply in the U.S. About 1 in 10 kids is living with a grandparent.

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