Economy

China Experiences Surprise Drop In Exports

4:31am October 14, 2013

by Frank Langfitt

Chinese exports dropped point 0.3 percent in September from a year earlier. It was the worst performance in three months. Analysts think much of the drop was due to plunging demand from Southeast Asia. Investors have been pulling money out of the region on concern the U.S. Federal Reserve will cut bond purchases and the money supply will tighten.

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Two Iranian textile merchants wait for customers in Tehran's main bazaar. President Hassan Rouhani has raised hopes by reaching out to the West and promising to work for an end to sanctions. But his team has cautioned that the country's economic problems

Iran's Leaders Send Sobering Message: No Quick Economic Fix

4:21am October 14, 2013

by Peter Kenyon

Iran's new President Hassan Rouhani says he will seek a nuclear agreement and an end to crippling Western economic sanctions. This has raised hopes that better economic times may be ahead. But Rouhani's team, as well as economists, say Iran's problems are deep-rooted and won't be easily solved.

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Prize In Economics A Latecomer To Nobel Lineup

4:21am October 14, 2013

The Nobel Prize in economics will be announced Monday morning in Sweden. This prize is a relatively new one — it was established in 1968 by Sweden's central bank. The prizes announced last week, like the Nobel Peace Prize, were established more than 100 years ago in Alfred Nobel's will.

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Economy

Urgent Care Centers Could See Expanded Role Under Obamacare

4:13pm October 11, 2013

Urgent Care Centers have been around for years, but their role is likely to expand under Affordable Care Act.

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Mariluisa and Andrea Caricchia traveled 6,000 miles from Italy to spend their honeymoon at the Grand Canyon. Instead, they are exploring tribal land.

The Shutdown News Isn't All Bad For A Few American Indian Tribes

11:16am October 11, 2013

by Laurel Morales

The government shutdown has some American Indian tribes bracing for the worst. They've seen cuts to food distribution, child care and financial assistance. At the same time, a handful of northern Arizona tribes are seeing an unexpected spike in tourists who were turned away from nearby national parks.

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Economy

Commissions From Managed-Futures Market Can Wipe Out Profits

11:02am October 11, 2013

Steve Inskeep talks to David Evans about his investigative piece appearing in the November issue of Bloomberg Markets Magazine. The story, "Fleeced by Fees," is about consumers losing profits on their financial investments due to fees and commissions.

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Mechanical harvesters cut sugar cane on U.S. Sugar Corp. land in Clewiston, Fla., in 2008, the same year the state struck a deal to buy most of the company's Everglades holdings.

Whatever Happened To The Deal To Save The Everglades?

11:49am October 10, 2013

by Greg Allen

In 2008, Florida announced the largest land sale in the state's history — to buy hundreds of miles of Everglades land owned by U.S. Sugar. But only a small fraction was acquired. Now, environmental groups are lobbying for the deal's revival before a contract giving the state an exclusive option to buy expires.

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Economy

Food Lion Donates $500,000 to Offset Gov't. Shutdown Losses

10:15am October 10, 2013

Food Lion has made a $500,000 donation to help offset the loss of benefits to low-income families resulting from the government shutdown.

10 Days Into Shutdown, 'We've Got To Do Better Than This'

7:39am October 10, 2013

A partial federal shutdown has prompted angry debate nationwide. Sen. Michael Bennet, chairman of the Democratic Senatorial Campaign Committee, tells Steve Inskeep that on the budget impasse issue, "The divide between Democrats and Republicans is less than the divide that exists in the Republican Party."

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In A Debt Crisis, U.S. May Have To Decide Payment Priorities

12:02pm October 09, 2013

by John Ydstie

If Congress doesn't raise the debt ceiling, the U.S. Treasury will be unable to pay creditors and the U.S. will be in default. Some argue Treasury could continue making "priority payments" designed to protect the nation's credit rating. Others say that could undermine the confidence in the U.S. to meet its obligations.

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