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A Look At The Reported Growth In Wall Street Profits

Guy Raz talks to Zachary Goldfarb, reporter for the Washington Post, about the growth in Wall Street profits since the financial crisis. According to Goldfarb, Wall Street has made more money during the Obama administration's first term than in the entirety of the Bush administration. Goldfarb says these profits were the direct result of government policies — across two administrations — in response to the financial crisis.
NPR

Report: Wealth Gap Widens Between Old And Young

A new Pew report finds a widening age gap in economic well-being. Older adults are significantly better off than a quarter century ago, while the median net worth of households headed by younger adults has fallen dramatically.
NPR

Why Is Food Stamp Usage Rising So Fast?

Robert Siegel speaks with John Davis, the director of the Supplemental Nutrition Assistance Program, or SNAP, in Mississippi. He talks about the numbers and nature of recipients in his state. While the program is targeted at people who need help for a limited time period while they transition from unemployment back to employment, many people are using it indefinitely.
NPR

Some Local Businesses Hurting Without NBA Assist

The NBA's ongoing lockout affects the hometown cities in different ways. While most large cities with a professional basketball team can attract fans with other professional sports, in places like Oklahoma City, businesses suffer as a result. Economists estimate each lost game is a million-dollar hit to the city's economy.
NPR

In Spain, Low Wages Become Increasingly Common

More than 1 in 5 people lives below the poverty line in Spain, which has the highest rate of unemployment in the eurozone — more than 21 percent. And an increasing number of Spaniards are making ends meet with low pay and no benefits.
NPR

President Clinton: 'There's Very Little Talk About What Actually Works'

The debate in Washington, says the former president, is "all about 'is the government good or bad or taxes always good or bad?' "
NPR

Greek Prime Minister Papandreou To Step Down

After a week of intense political drama played out on the world stage, Greek Prime Minister George Papandreou is expected to step down Monday. He will make way for a coalition government that's supposed to steer the country through austerity measures and save a bailout deal that is widely seen as Greece's last chance to preserve its economy.
NPR

Older Adults Are Now 47 Times Richer Than Those Under 35

In the U.S., the older population's net worth has gone up sharply in the past quarter century, while younger adults' wealth has declined. That news will add to the sense among many that times are tough for the nation's younger adults.

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