Economy

RSS Feed
WAMU 88.5

Looming Loans & Scary Stats: A Student Loan Debt "Bubble" ?

Nearly fifteen percent of borrowers defaulted on student loan debts last year. With total student loan debt over $850 billion last year, how will rising defaults impact our economy? The forecast isn't good; but it also isn't as bleak as you might think...

NPR

Shortchanged By Cost, Canada Boots Penny

The Canadian penny is no more. At least, that's what was announced Thursday in the Canadian government's 2012 federal budget. Because of the rising cost of metals, it takes more than one-cent to mint a penny.
WAMU 88.5

Virginia Residents Urged To Check Quake Coverage

Many residents of Virginia were caught flat-footed by the 5.8 magnitude earthquake last August, so regulators are uging homeowners to check to see if their insurance coverage prepares them for future tremors.

NPR

Consumer Spending Jumped Up In February, Incomes Rose Just A Little

The news could be a sign that consumers are feeling better about how the economy is doing, and are willing to spend more even if their incomes are rising only slowly.
WAMU 88.5

Georgetown Waterfront Bouncing Back From Floods

Flooding on the Georgetown Waterfront last year took out many businesses like Tony and Joe's Seafood Place. While their reconstruction is close to being complete, the uncharacteristically warm winter has almost made up for it.

WAMU 88.5

Government (In)Efficiency ?

The federal governments 'office manager' -- an agency that should be synonymous with fiscal restraint -- is under fire for lavish spending at a Las Vegas Convention. Major miscalculations? Election year pandering? Or something else?

NPR

Austerity Measures Prompt Spanish Workers To Strike

Workers walked off the job in Spain on Thursday, halting public transport, closing schools and leaving hospitals with emergency staff only. The general strike was called by unions in response to the conservative government's labor reforms, which let companies opt out of collective bargaining agreements and fire workers more cheaply. But more punishing austerity could still be to come, as Spain tries to whittle down its budget deficit under pressure from Brussels.

Pages