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As Strikes Wane, Caterpillar Workers Hold The Line

About 800 machinists at an Illinois Caterpillar plant are entering their third month on strike. Strikes of large numbers of workers were relatively common in the 1970s, but today, work stoppages of this size — and this length — are rare.
NPR

Factories Scaling Back Amid Economic Slide

Manufacturing, seen as a recent bright spot in the economy, contracted in June. It was the first monthly downturn in three years. Analysts cited several factors for the surprising downturn, including recession in Europe and slower growth in China. A pullback in factory activity could spell trouble for the U.S. economy unless another key sector — construction — gains true momentum.
NPR

Buried In Debt, Young People Find Dreams Elusive

At 30, Michelle Holshue is already making more than her parents do. But she graduated with $140,000 in student loan debt just as the recession hit. Like many young adults, Holshue is worried she'll never be able to own a home or raise a family.
WAMU 88.5

Economic Pressures On Local Governments

Stockton, Calif., is the largest U.S. city to declare bankruptcy, and others could follow. A panel joins Diane to discuss economic pressures on local governments and the push for privatizing public services.

NPR

How To Avoid Bankruptcy (If You're A City)

Stockton, Calif.'s municipal bankruptcy filing makes it the largest city in U.S. history to go bust. Its failure — and those of a few other cities recently — offer clues for other local governments about how to stay solvent.
NPR

A Baby Step Toward A United States Of Europe

If the euro is to survive, the eurozone needs to be more like one country, and less like a bunch of different countries that happen to sit on the same continent.
NPR

Europe's New Deal Has Markets Cheering

At a summit in Brussels, leaders agreed to steps that were more bold than expected. A key part of the plan: Loans from a bailout fund will go directly to troubled banks in Spain. So the Spanish government won't pile up more debt.
NPR

European Leaders Try To Tackle Eurozone's Crisis

European leaders worked through the night at a summit in Brussels aimed at tackling the eurozone's worsening debt crisis. There's been growing concern Italy will soon become the sixth eurozone nation to request a bailout.

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