Unemployment, Deflation Felt Acutely In Spain
Spain's jobless rate still tops 23 percent and salaries are stagnant or declining. The Spanish economy is technically out of recession but many Spaniards still aren't celebrating.
Economy
U.S. Credit Cards Tackle Fraud With Embedded Chips, But No PINs
The nation's biggest banks are leaning toward a new credit card security system that will rely on embedded chips and signatures rather than PINs. But critics say the PIN-and-chip system is superior.
R.J. Reynolds Donates Whitaker Park To Redevelopment Group
One of R.J. Reynolds' most famous tobacco factories will soon have a new owner. Developers plan to use the site to create more jobs in Winston-Salem.
Growth In Manufacturing Tempered By Low-Wage Jobs
President Obama is touting growth in manufacturing jobs, but if they're low-wage jobs is that a good thing?
Euro Falls To 9-Year Low Against U.S. Dollar
Europe may have a deflation problem. Eurozone consumer prices fell on an annual basis in December for the first time since the depths of the financial crisis five years ago. The decline was driven by a sharp drop in energy prices. The news is expected to increase pressure on the European Central Bank to come up with a more aggressive response to slow growth and high unemployment.
Greek Opposition Party Seizes On Anger Over Austerity Measures
We've been hearing a lot about economic anxiety in Europe lately. Much of that anxiety centers on Greece. Steve Inskeep talks to economist Platon Tinios about what's happening in Greece.
How A Too-Strong Dollar Might Lead To A Too-Weak World
There are upsides to having global investors stash their savings in the United States. But their embrace of the dollar can start to feel like a death grip if it goes too far and chokes off exports.
Euro's Drop Raises Questions About Its Long-Term Prospects
The Euro fell to a nine-year low against the dollar on Monday as investors worried about Europe's economic doldrums. Linda Wertheimer talks to Callum Williams of The Economist.
Housing In 2015: Four Reasons For Optimism (And One For Worry)
Increased hiring and high rents could make this a banner year for homebuying. But a looming decision by the Federal Reserve could scare off potential buyers and disrupt the housing recovery.
Why The Euro Fell To A 9-Year Low Against The Dollar
A combination of political instability in Greece, possible quantitative easing in the eurozone and a stronger dollar are all pushing the common European currency lower.