Economy

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NPR

Federal Reserve Predicts Moderate Economic Growth

Federal Reserve Chairman Ben Bernanke appeared before the Joint Economic Committee on Thursday. Bernanke said the economy is facing some "headwinds," but that he expects it to continue growing at a moderate pace.
NPR

Calif. Governor: 'Pension Reform Is Imperative'

The public employee unions that unsuccessfully opposed the recall of Wisconsin Governor Scott Walker suffered two other defeats on Tuesday. Voters in San Diego and San Jose, Calif., approved measures to curb city pensions. Firefighters in those cities vow to take the matter to court but public support for the cutbacks was overwhelming.
WAMU 88.5

Old D.C. Housing Projects Give Way To New

Public housing residents talk about how their lives are changing as old subsidized apartment blocks make way for new kinds of dwellings.

NPR

Generation Rent: Slamming Door Of Homeownership

The economic hammer has fallen especially hard on young adults, many of whom might never be able to buy a home. In a nation where homeownership marks the American dream, a generation of renters could alter communities and redefine the idea of middle-class success.
WAMU 88.5

Friday News Roundup - Domestic

Republican Gov. Scott Walker won his recall election in Wisconsin, but exit polls indicated 18 percent of his supporters would vote for President Obama over Republican nominee Mitt Romney in the fall. Federal Reserve Chairman Ben Bernanke said the central bank was "prepared to take action on the flagging U.S. economy. Senate Republicans blocked a Democratic bill calling for equal pay in the workplace. John Dickerson of Slate, Shawna Thomas of NBC News and Jerry Seib of The Wall Street Journal join Diane for a discussion of the week's top national news stories.

NPR

Economy Is Poised For More Growth, But 'Fiscal Cliff' Looms, Bernanke Says

The Federal Reserve chairman sees reasons for growth to continue. But he warns that automatic spending cuts and the expiration of the so-called Bush tax cuts threaten to derail the recovery.

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