Economy

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Fact-Checking The State Of The U.S. Economy

Host Michel Martin and NPR Senior Business Editor Marilyn Geewax discuss America's economic health and review Congressional reactions to the economic proposals in the president's State of the Union address. They also look at the upcoming primary in Florida, where the housing crisis remains a major problem.
NPR

Federal Reserve To Publish Interest-Rate Projects

The Federal Reserve will announce on Wednesday what officials expect to do with the rates it controls for next couple of years. The Fed will join central banks in Sweden, Norway and New Zealand in relaying information about expectations for short-term interest rates. Renee Montagne talks to David Wessel of The Wall Street Journal about why the Fed is doing this, and the impact it will have.
NPR

Irene's Floods Dry Up Business In Vermont Town

Life in the small town of Waterbury, Vt., changed dramatically after Tropical Storm Irene. With a state office complex flooded, 1,500 workers were relocated. The exodus slowed business to a trickle for those who remain.
NPR

Analysis: New Team To Probe Mortgage, Banking Fraud

In his State of the Union address, the president announced a new special investigations unit to dig into fraud and wrongdoing in the mortgage and banking system in the run-up to the financial crisis and housing market collapse.
NPR

Muslim Men Rescue Bagel Shop And Keep It Kosher

Coney Island Bialys and Bagels, a historic bagel shop in New York City, was almost toast when two Pakistani men rescued it. Zafaryab Ali and Peerzada Shah, both Muslim, say they plan to keep the shop kosher. "Kosher and halal is very, very close, like brother and sister, maybe twins," Ali says.
NPR

Romney Delivers Economic Speech

Republican presidential candidate Mitt Romney campaigned in Florida Tuesday. He delivered an economic speech from a shuttered factory — a studied contrast to the president's State of the Union speech later Tuesday night.
NPR

Down And Out Escape To 'Slab' In California Desert

Slab City is a 600-acre chunk of California desert on an abandoned WWII artillery training range, home to long time residents, newcomers and transients. There is no running water, no sewers, and no other comforts of modern day civilization, and the folks of Slab City like that just fine.

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