With So Much Oil Flowing, U.S. May Be Reaching Storage Limits
Never before in history has the U.S. had so much oil spurting up out of the ground and sloshing into storage tanks around the country. There's so much oil that the U.S. now rivals Saudi Arabia as the...
View ArticleWhile Pay Holds Steady For Most, Low-Wage Workers Get A Boost
The vast majority of U.S. workers haven't seen any real wage gains since the recession. But that's starting to change, at least for low-income workers.This week, fast-food giant McDonald's announced it...
View ArticleWith Discounts For Healthy Behavior, John Hancock Courts Privacy Concerns
John Hancock announced a new program promising discounts for policyholders who wear a fitness tracker, exercise more and go to the doctor. The life insurance company says that if people live longer...
View ArticleOil Prices Are Rising Again, But Will They Keep Going Up?
Oil prices hit a new high for the year Wednesday — closing at just under $61 a barrel. They've been rallying for a month, but nobody's predicting $4-per-gallon gasoline anytime soon.
View ArticleAmerica's Next Economic Boom Could Be Lying Underground
There's a serious problem in the American economy: Big corporations are doing well, but real household income for average Americans has been falling over the past decade — down 9 percent, according to...
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Federal Reserve Delays Hike Of Low Interest Rates
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript MELISSA BLOCK, HOST: Federal Reserve policymakers met. They talked, and once again, they decided the U.S. economy is not quite...
View ArticleHistoric Vote May Determine Whether Greece Remains In The Eurozone
At the end of World War II with the continent in ruins, Winston Churchill famously proclaimed, "We must build a United States of Europe." He believed such a union would bring an end to centuries of...
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In Crucial Referendum, Greeks Reject Bailout Proposal
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript ARUN RATH, HOST: Greek voters said no, casting their ballots today in a historic referendum on the country's economic future. The...
View ArticleAfter Rejecting Bailout Plan, Greece's Economic Future Is 'Invisible'
The Greek word for no is oxi, and across Athens and the Greek Islands on Sunday, it was everywhere: on posters, spray-painted on walls and old cars.And it was also on ballots: Greek voters voted oxi...
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Despite Uncertainty, Greeks Show Pride In Rejecting Bailout Plan
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript KELLY MCEVERS, HOST: Europe is reacting to yesterday's historic referendum in Greece.
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With Greece Facing Economic Abyss, What Will EU Leaders Do?
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript DAVID GREENE, HOST: We are following the story that is unfolding in Greece, where European patience is being tested and so is the...
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The Financial Times, A Newspaper Success Story, Is Sold For $1.3 Billion
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View ArticleTo Get Big Rig Drivers, Senate Bill Would Give Keys To Teens
Tractor-trailers have 18 wheels. But under current federal law you can't be 18 years old and drive one across state lines. You need to be 21. The highway bill working its way through the Senate though...
View ArticleBoeing Case Is Latest Targeting 401(k) Plans With Excessive Fees
Boeing is moving to settle a lawsuit accusing it of mishandling its 401(k) plan for thousands of workers. The case is part of a legal assault by a consumer rights attorney to stop companies from...
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Will The Fed Raise Rates, Or Keep The (Little) Economic Party Going?
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Federal Reserve Faces Fork In The Road Over Interest Rates
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript ROBERT SIEGEL, HOST: The Federal Reserve takes up an important question for the U.S. economy tomorrow when it begins meetings....
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Volkswagen CEO Resigns Amid Emissions Cheating Scandal
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript KELLY MCEVERS, HOST: The chief executive of Volkswagen abruptly resigned today just days after the company admitted it had rigged...
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Will 'Disappointing' Jobs Report Affect Fed's Course On Interest Rates?
Copyright 2015 NPR. To see more, visit http://www.npr.org/.Transcript RENEE MONTAGNE, HOST: And some worse-than-expected news for the economy is out this hour. The U.S. gained just 142,000 jobs last...
View ArticleFeds May Order Financial Firms To Allow Class Action Lawsuits
New federal rules could be in the works to make it easier once again for Americans to seek relief through class action lawsuits. That's the latest word out just this morning from the Consumer Financial...
View ArticleIs Wall Street Eating Your 401(k) Nest Egg?
Americans collectively are losing billions of dollars a year out of their retirement accounts because they're paying excessive fees, according to researchers studying thousands of employer-sponsored...
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