With at least $14 billion in long-term liabilities and $327 million in debt, Detroit has declared a financial emergency. Several cities have tried this approach before, and the results have been mixed.
President Obama rounds out his Cabinet for his second term, nominating three new leaders Monday: Walmart Foundation's Sylvia Mathews Burwell for budget chief, MIT scientist Ernest Moniz to head the Energy Department and veteran regulator Gina McCarthy to run the EPA — a post that's likely be a lightning rod during Senate confirmations.
The wealth gap between white and black families is growing — and that's especially apparent in the housing market. Host Michel Martin talks to Washington Post correspondent Michael Fletcher about the financial disparities facing black families.
The new film adaptation, Bless Me, Ultima, tells a story of witchcraft and religion during 1940s New Mexico. The film is based on a popular, but controversial novel that was a staple of Chicano lit. Puerto Rican actress Miriam Colon talks with host Michel Martin about playing the role of Ultima.
Lawmakers failed to avert across-the-board spending cuts to the federal government, and they officially kicked in last week. Host Michel Martin speaks with NPR senior business editor Marilyn Geewax, and The Wall Street Journal's Sudeep Reddy about what it all really means.
Telecommuting is quickly becoming a new normal for the workplace. So why has tech giant, Yahoo, decided to nix it? Host Michel Martin explores whether staying in the office will help the faltering company stay in the game.
The housing crisis has taken a toll in Idaho. Home prices dropped by 46 percent in the Boise area and many people lost homes to foreclosure. Before the bubble burst, Charter Pointe became less a neighborhood of neighbors, and more about investor-buyers looking to make money.
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