Economy | WAMU 88.5 - American University Radio

Economy

RSS Feed
NPR

Economy Mutes A Longtime Louisville Record Shop

John Timmons recently closed ear X-tacy, a record store he'd owned for 26 years. "People have priorities, and music is just not a top priority right now. That's what's really taken its toll on us," he says. Now, Timmons has to figure out what to do with the rest of his life.
NPR

Wal-Mart Lures Bank Customers Frustrated By Fees

The retailer's prepaid debit card is catching on with people who've been burned by extra charges at big banks. The card costs a flat $3 a month and doesn't allow overdrafts. Banks have lobbied against Wal-Mart's entrance into the financial sector, but "their worst fears came true," one analyst says.
NPR

Supercommittee Fails To Reach Debt Deal

The bipartisan supercommittee says it failed to reach a deficit-reduction deal. NPR's Tamara Keith speaks to Robert Siegel with the latest from Capitol Hill.
NPR

Obama Blames Republicans For Debt Panel's Failure

President Obama Monday put the blame for the supercommittee's failure squarely on congressional Republicans — and their unwillingness to consider higher taxes on the wealthy. Obama also threatened to veto any effort to escape from the automatic spending cuts agreed to in August without a balanced plan to reduce the deficit. Robert Siegel talks to NPR's Scott Horsley for more.
NPR

Obama's Hands-Off Approach To The Supercommittee

After being dragged down by the congressional debate over whether to raise the debt ceiling last summer, the president remained largely silent on the supercommittee. Though the GOP has criticized the president for what they call "failed leadership," it's unclear whether his immediate involvement would have been helpful.
NPR

Concern Grows Over Student Debt

Occupy Wall Street makes some bold demands, including forgiveness of student debt. It's not likely to happen, but there is growing concern that student debt is out of hand. Is the government doing all it can to keep debt problems at a minimum?

Pages