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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.
NPR

'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.
NPR

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.
NPR

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.
NPR

Senate Passes $1.1 Trillion Spending Bill

Senators meeting in a rare Saturday session had earlier voted to extend their deadline until midnight Wednesday, but they managed to pass the spending measure Saturday night by a 56-40 vote.

NPR

Mortgage Giants Ease Down Payments For First-Time Homebuyers

Fannie Mae and Freddie Mac will begin allowing first-time homebuyers to put down as little as 3 percent. But critics say the move is risky and could create another housing crisis.
NPR

Low Gas Prices Expected To Continue As Crude Oil Drops To $58 A Barrel

The price of oil fell again on Friday morning. The price of West Texas Intermediate, the U..S. benchmark, dipped below $60 a barrel after news the International Energy Agency had cut its demand forecast for 2015.

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