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NPR

Is Subprime Lending Making A Comeback?

Auto sales are on the rise in Detroit, and not just for people with perfect credit. Chrysler and other companies are targeting customers with subprime credit, and giving them interest rates well above what you might imagine. Host Michel Martin speaks with NPR's Sonari Glinton about who's doing it, and what it might mean for the economic recovery.
NPR

Irish To Vote On Stricter Budgetary Rules

The people of Ireland vote Thursday on a European treaty that imposes strict budgetary rules on eurozone nations. It's triggered a heated debate in Ireland about whether austerity measures are working. The Irish government says rejecting the treaty would cut Ireland off from future EU bailout funds, and isolate the nation.
NPR

Spain's Retail Sales Drop Amid Belt Tightening

In Spain, retail sales for April plunged to a seasonally adjusted 9.8 percent from a year ago. It's the fastest decline on record. The drop in sales is being blamed on Spain's severe austerity program.
NPR

On The Economic Ladder, Rungs Move Further Apart

Many Americans have long believed that the United States is a land of opportunity, where anyone who works hard can climb the economic ladder. But evidence from recent decades indicates that, for many Americans, that dream of economic mobility falls short.
NPR

India's Parliament Blamed For Slow Economic Growth

India's gridlocked political system is being blamed for a slow down in the country's previously rapid economic growth. The reform process that started the boom has come to a grinding halt in parliament — and many business leaders say the political uncertainty is discouraging further investment.
WAMU 88.5

Business Licenses And DC's 'Vintage' Stores

We look at what's going on in the local small business community, where several stores selling vintage furniture, secondhand books and old records say they've gotten mixed messages from the Department of Consumer and Regulatory Affairs.

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