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NPR

Jobless Claims Rose Last Week; Consumer Prices Fell In May

There were 6,000 more unemployed Americans filing for benefits last week than the week before. But inflation remained in check as gas prices plunged.
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Virginia Cuts Funding For Disabled Foster Care Kids

Virginia officials plan to cut payments to the state's disabled children in foster care on July 1.

NPR

Housing Recovery Seen; Will Credit Be The Spoiler?

The housing market is finally showing signs of a comeback, according to an annual study from Harvard. Home prices have stopped falling in many areas, and buyers are growing more confident. But, though mortgage interest rates are at record lows, banks are often cautious to lend.
NPR

Obama Team: Household Net Worth Actually Rose During His Presidency

Using additional Federal Reserve data, White House officials on the president's National Economic Council argued that while household net worth fell before President Obama took office, it has risen since then and he bears some of the credit.
NPR

Sharp Drop In Gas Prices Puts Brakes On Inflation

Wholesale prices fell 1 percent in May from April thanks to an 8.9 percent plunge in the price of gasoline.
NPR

Spain's Bank Yenta On What Went Wrong

Spain's plan to combine small banks didn't go so well. The man who helped make it happen explains.
NPR

Credit Card Debt Cut: The Reason May Surprise You

A new study showing that Americans lost nearly 40 percent of their wealth in the Great Recession turned up another notable result: Credit card debt also fell sharply; the median family's balance tumbled 16 percent. But it's not just because people rushed to pay off their plastic.

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