Economy

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NPR

More Americans Putting The 'Dream' On Hold

NPR's new series explores how the "American Dream" is evolving during a period of economic uncertainty. Host Michel Martin talks with NPR Senior Business Editor Marilyn Geewax about the series, and whether home ownership is still at the heart of the "American Dream," even after the historic collapse of the housing market.
WAMU 88.5

Debt Ceiling Debate Returns To Capitol Hill

Last summer, Virginia almost lost its triple-A credit rating because of partisan sniping in Washington over raising the nation's debt ceiling. Now Republican leaders are drawing a line in the sand over that debate once again.

NPR

Help Wanted. But Not For Mid-Level Jobs

Changes in the job market have meant fewer jobs for those with mid-level skills. Economists call the trend labor "polarization" and say it's forcing those in the middle to take jobs at lower pay.
WAMU 88.5

Virginia Travel Campaign Encouraging Road Trips

Virginia tourism officials are encouraging travelers to skip the flights and hit the roads.

NPR

Spaniards Withdraw Money Over Bank Failure Fears

Any rescue of Spain's banking system could exceed the cost of Greece's total bailout. That has investors worried, after Madrid was forced to nationalize its largest real estate lender. The previous government's strategy was to force mergers among the small banks, to try to combine assets and strengthen them against debts. But what has resulted is simply bigger banks with bigger debts.
NPR

Spanish Lender Requests $24 Billion Bailout

Like what happened to U.S. banks in 2008, Bankia is close to collapse in part because Spain's busted real-estate market saddled it with bad loans.
NPR

Consumer Confidence Highest Since Before Recession, Survey Says

According to the latest Thomson Reuters/University of Michigan survey, confidence has risen to a level not seen since late 2007. And if confidence is on the rise, that could affect both the economy and the 2012 campaign.
NPR

In Tight Credit Market, A Tool For Small Businesses

Many small-business owners have had a tough time securing credit since the start of the economic downturn. "I couldn't understand why they wouldn't be willing to give us a loan," one owner says. A new website aims to help such owners, grading banks based on the percentage of deposits that are used for small-business loans.

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