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NPR

Fed Will Now Publicly Forecast Interest-Rate Changes

The Fed hopes by giving the market some foresight, it can better manage expectations.
NPR

Housing Rebound In 2012?

The U.S. has gone through five years of foreclosed homes, vacant subdivisions and houses worth less than the owner's mortgage. Host Michel Martin and NPR Senior Business Editor Marilyn Geewax discuss whether predictions of a turnaround in the housing market are realistic or just new year optimism.
NPR

Raising The Minimum Wage: Who Does It Help?

The new year brings an increase in the minimum wage in a number of places around the country, including Washington state, which now boasts the nation's highest statewide rate: $9.04 an hour. But the increase has rekindled an old debate over whether minimum wages make sense — especially at a time of high unemployment.
NPR

In Mortgage Crisis, Some Banks Agree To Cut Losses

In almost one-third of private home loan modifications, big banks are now slashing what homeowners owe. It's overdue housekeeping for America's economy, says one investor: Banks clear their balance sheets, investors get a predictable stream of income, and homeowners stay homeowners.
NPR

U.S. Auto Sales Seen Continuing To Rebound In 2012

Automakers will report U.S. sales for 2011 on Wednesday. When final figures are calculated, sales of new cars and trucks are expected to reach 12.7 million, up from 11.5 million in 2010 and 10.4 million in 2009, the worst year since 1982. For 2012, analysts expect sales to top 13.6 million.

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