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CETUSA Banned From Bringing In Foreign Students

Foreign students hoping to work in Ocean City this summer may have to find a new sponsor company, as the U.S. State Department has banned one of the country's leading work and travel companies from bringing students in to work.

NPR

Have Economists Got It Wrong About The U.S.?

Five years ago, Federal Reserve head Ben Bernanke said the housing sector wasn't a major economic concern. In fact, most experts failed to see the looming subprime mortgage crisis that sank the U.S. economy. If they were so wrong about the Great Recession, it's possible they could also be blind to a "Great Recovery."
NPR

Unemployment Rate Edges Down To 8.3 Percent

Private employers added 257,000 jobs to their payrolls, the Bureau of Labor Statistics also says. A slight drop in employment at government agencies brought the overall gain in jobs down to 243,000.
NPR

No Doubt: U.S. Remains 'Tremendously Influential'

Some believe America is in decline. But author Robert Kagan disagrees. He talks to Steve Inskeep about his new book The World America Made." President Obama recently discussed an article Kagan wrote for The New Republic called "The Myth of American Decline."
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

Jobless Rate Fell To 8.3 Percent In January

The U.S. unemployment rate fell to 8.3 percent, its lowest rate in nearly three years, the Labor Department reported Friday. Nearly a quarter of a million jobs were added to payrolls in January — almost double what the market was expecting.
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.

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