Economy

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States End Extended Benefits Despite Dismal Outlook

So far this year, 25 states have ended the extended benefits that allowed the long-term unemployed to continue getting benefits. With more states ending the program, it might appear that the economy is improving. But in some state, it just shows things haven't gotten that much worse.
NPR

European Debt Woes Cast Pall Over U.S. Economy

Austerity measures aimed at curing Europe's debt crisis have thrown a number of eurozone countries into recession. The threat of default in Greece, and in even larger countries like Spain, rattled U.S. financial markets. President Obama recently said the troubles in Europe are casting a shadow over the U.S. economy.
NPR

How Accurate Is Obama's Attack On Romney's Jobs Record?

A new Obama campaign ad says Massachusetts had one of the country's worst economic records by the end of Mitt Romney's term as governor in 2007. But the Romney campaign says the overall unemployment rate was still very low. Can both campaigns be right?
NPR

What's Driving Down U.S. Oil Prices?

A slowing global economy has sent oil prices down sharply. The price for benchmark West Texas Intermediate has fallen from over $100 a barrel to about $84 a barrel in the space of a month. Audie Cornish talks to John Ydstie for more.
NPR

What Will Happen If Greece Leaves The Eurozone?

Robert Siegel talks with Greek economist Gikas Hardouvelis in Athens about his skepticism over Greece leaving the Eurozone.
NPR

Growing Economic Inequality 'Endangers Our Future'

In The Price of Inequality, Nobel Prize-winning economist Joseph Stiglitz argues that widely unequal societies don't function effectively or have stable economies. Even the rich will pay a steep price if economic inequalities continue to worsen, he says.

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