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D.C. Area Gas Prices Nudge Lower

Thanks to downward pressure both domestically and abroad, gas prices for D.C. area drivers continues its downward trend.

NPR

Could Glass-Steagall Have Stopped JPMorgan Loss?

The banking giant's $2 billion loss has many lawmakers and economists wondering what happened to the 2010 financial overhaul, which was supposed to prevent risky hedging. Many are also looking back further — to a Depression-era law, repealed in 1999, that separated commercial and investment bank activities.
NPR

Hollande, Obama Talk Greece Before G-8 Summit

New French President Francois Hollande visited President Obama at this White House on Friday afternoon. The two leaders will also travel to Camp David for the G-8 economic summit.
NPR

Facebook The Largest Internet IPO In History

Investors snapped up Facebook shares on a much hyped and tumultuous first day of trading. Mark Zuckerberg got it all started by ringing the opening bell for Nasdaq. Then a glitch delayed trading by half an hour. The IPO put Facebook's market value at over $100 billion — more than McDonald's or Amazon.
NPR

TED's 'Explicitely Partisan' Talk, Briefly Barred From Its Site, Now Everywhere

A TED Talk challenging conventional wisdom that rich entrepreneurs are the number one job creators is now available for public viewing, after TED organizers originally kept the video private because it was too "explicitly partisan."
NPR

JPMorgan's Troubles And The Price Of Eggs

JPMorgan Chase says it lost billions of dollars trading "synthetic derivatives." Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that is looking to grow.
NPR

G8 Summit To Discus Greece's Troubled Economy

Greece keeps cutting its budget to help pay debts and avoid default but then its economy keeps contracting, making the problem worse. The new French President Francois Hollande wants to find a way to stimulate Europe's economy.
NPR

Hewlett-Packard Set To Lay Off 30,000 People

Hewlett-Packard reportedly has decided on a restructuring that will eliminate 30,000 jobs worldwide. The company isn't expected to say anything publically until next week when it announces quarterly earnings.

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