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NPR

Why IMF Loans Always Get Repaid

Greece is trying to make a deal to slash the amount of money it owes bondholders. Hedge funds will take significant losses. But the International Monetary Fund also loaned Greece a lot of money, and it will be paid back in full. If the IMF isn't paid back, most countries will not lend Greece any more money.
NPR

Regulator: Freddie Investments 'Nothing Unusual'

Senators on Capitol Hill have criticized Edward DeMarco for the investment practices of Freddie Mac. DeMarco heads the federal agency that controls Freddie Mac and Fannie Mae. NPR and ProPublica reported that certain trades at Freddie Mac amounted to bets against homeowners being able to refinance their mortgages. DeMarco tells Morning Edition's Steve Inskeep that the trades were not particularly risky, and would not have prevented homeowners from refinancing their loans.
WAMU 88.5

Activists Urge D.C. Leaders To Spend Surplus

Activists in the District are calling for city leaders to use the $240 million surplus on programs for struggling members of the community instead of stashing it away in a rainy-day fund.

WAMU 88.5

Gray Pursues Bond Rating Upgrade For D.C.

Mayor Vincent Gray is visiting ratings agencies in New York City to try and persuade them to upgrade the District's credit rating based on the relative health of the local economy.

NPR

FAA Funding Bill Reaches Finish Line

After four years of wrangling and one shutdown, the beleaguered Federal Aviation Administration will soon get a bill of its own. The bill would give it long-term funding for airport construction, expansion and NextGen — or modernization of the air traffic control system from one based on radar to one based on GPS satellites. Congress has resolved long-simmering issues about unionization, not to mention landing slots and rural subsidies.
NPR

What Facebook IPO May Mean For Small Investors

The social network filed to go public, hoping to raise $5 billion in a huge IPO. The markets are buzzing, but what might it mean for an individual investor? Melissa Block gets the story on high profile IPO's work from Evelyn Rusli, DealBook reporter at the New York Times.
NPR

The Future Of America's Manufacturing Jobs

More and more factory work in the United States is being done by machines, and the industry increasingly relies on highly skilled workers. NPR's Adam Davidson explores the shifts in the manufacturing industry, and Tim Aeppel of the Wall Street Journal discusses the implications for the U.S. economy.
WAMU 88.5

District Artists Fear Loss Of Homes, Livelihood

Artists at 52 O Street are fearing some major changes, as the landlord considers transforming part of the building in to a hostel.
NPR

Jobless Claims Fell By 12,000 Last Week

First-time applications for unemployment insurance are running at the lowest pace since mid-2008. On Friday, the government will report on the January unemployment rate.

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