Economy

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NPR

Three Years After The Market Crash, A 'New Normal'

Though order was restored to the financial markets, tough times continue for millions who are unemployed and struggling to hang on to homes and retirement savings. It sure feels like a recession, but it's not.
NPR

World Powers Seek To Contain Europe Debt Crisis

Global finance officials pledged on Saturday to take bolder moves to confront a European debt crisis that threatens to plunge the world into another deep recession. But sharp disagreements about exactly what to do can't offer much reassurance to markets rocked by uncertainly in recent weeks.
NPR

Can Fed's New 'Twist' Prevent Another Recession?

Economists and the markets were skeptical about the Fed's latest plan to cut already-low interest rates in an effort to boost the economy. But, as one business professor says, "there's no magic elixir" for the situation the U.S. is in.
NPR

Out Of Economic Chaos, A New Order May Be Rising

Every week it seems there are more people looking for work, more companies laying people off, and more nations teetering at the edge of unrecoverable debt. But beyond the latest headlines of gloom, there is a fundamental shift going on in our economy and our world. Host Scott Simon talks with Mike Hawley, formerly of MIT's Media Lab, who says that shift may also hold great promise.
NPR

Government Shutdown Threatens Again

The once-rare possibility of a federal government shutdown reared its head again this week. This time it was over House Republicans' desire to pay for disaster relief costs with money for other, unrelated projects. NPR's David Welna explains the Capitol Hill machinations ahead of the Sept. 30 deadline.
NPR

The New Standoff: Clean-Car Jobs Vs. Disaster Relief

The House's stopgap spending bill, rejected by the Senate on Friday, takes money from a federal clean cars program to offset spending for disaster aid. Some Republicans see the move as a matter of prioritization, but opponents say it would put American manufacturing jobs at risk.

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