Economy

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Was The Stimulus Package 'Money Well Spent'?

Did the economic stimulus program amount to a costly failure, or save the U.S. from a depression? ProPublica investigative reporter Michael Grabell's new book explains how the 2009 stimulus package was passed and what happened to taxpayers' money.
NPR

Forum Delegates Are Anxious About World Economy

Renee Montagne talks to Nariman Behravesh, chief economist at IHS Global Insight, about key issues dominating this year's World Economic Forum in Davos, Switzerland. With Europe on the brink of recession, the mood at the meeting is not as upbeat as it was last year.
NPR

Job Fairs Help Iraq, Afghan War Veterans

The unemployment rate dropped to 8.5 percent last month. But veterans of the Iraq and Afghanistan wars still find it difficult to get hired. The unemployment rate for them is above 13 percent. For the past year, business leaders have held a series of job fairs across the country to try to help former service members land work.
NPR

To Grow Business, Starbucks Thinks Outside The Cup

The company serves 60 million beverages a week, which adds up to big profits. But it's looking to do more. In a bid to further expand its consumer base, Starbucks has a new roast and plans to produce more retail products to sell outside of its coffeehouses.
NPR

Quiznos Gives Up Control To Stave Off Bankruptcy

Quiznos once boasted 5,000 restaurants, but a slumping economy, higher supply-chain costs and tough competition from Subway have left the sandwich chain in tough straits. After seeing hundreds of its stores close, Quiznos gave up control to one of its biggest creditors to avoid bankruptcy.
NPR

No, Hedge Funds Can't Foreclose On The Acropolis

There's no blueprint for a country to declare bankruptcy, so Greece's creditors are sort of making things up as they go along.
NPR

Taking His Economic Message On The Road, Obama Touts Factory Jobs In Iowa

President Obama kicked off a three-day re-election road tour Wednesday, starting out at a manufacturing plant in Iowa. The president is promoting job growth in the manufacturing industry while defending the government's bailout of the auto industry.

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