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Eurozone's Looming Financial Crisis

For a long time, much of the world saw the eurozone sovereign debt crisis as Europe's problem. Now world leaders, including the United States, realize a eurozone meltdown could have dire consequences for everyone. They are working up a massive rescue plan whose contours are beginning to emerge. Although Britain does not use the euro, that nation's politicians are using their party conventions to issue dire warnings about the euro's fate. And one eminent economist is proposing a novel solution to limit the impact of the European debt crisis.
NPR

Smaller Banks Use Free Checking To Lure Customers

Community banks and credit unions are attracting consumers as big banks add fees for accounts that used to be free. Smaller institutions can still afford to offer the service because they aren't affected by a law that cuts debit card fees for large banks.
NPR

Retirement: Reality Not As Rosy As Expectations

For a sizable chunk of Americans, retirement is proving to be more difficult than they had imagined, according to a new poll by NPR, the Robert Wood Johnson Foundation and the Harvard School of Public Health.
NPR

Air Force And Navy Turn To Biofuels

The military is trying to make big changes in what fuel it uses. The Air Force and Navy have been testing their aircraft — everything from fighters to unmanned spy planes — on fuel made from vegetable oil or even animal fat. One catch: It costs 10 times the price of traditional fuel.
NPR

As Puerto Rican Economy Lags, Some Question Cuts

To try to jump-start Puerto Rico's economy, Gov. Luis Fortuno pushed through a series of cost-cutting measures — including eliminating more than 20,000 government jobs. This has helped close Puerto Rico's large budget deficit, but it's done little to help those struggling to find jobs.
NPR

Deep In Debt, Pa.'s Capital Faces State Takeover

Lawmakers in Pennsylvania could vote in the coming days to take control of the capital city, Harrisburg. The city faces a crushing debt of more than $300 million related to its trash incinerator. It's also struggling with internal political battles between the mayor and City Council.
NPR

Bartering For Health Care: Yardwork For Treatment

As the cost of health care continues to rise, people are looking for new ways to cover their medical needs. At a health care clinic near Portland, Maine, doctors accept an unusual type of currency: "time dollars," which allow patients to rake leaves and perform other community services in exchange for medical care.

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