As the summer travel season approaches, air travel provides a barometer for the health of the U.S. economy — and airlines report they're having a good year. After years of financial troubles, industry representatives hope U.S. travelers are more willing to fly. NPR senior business editor Marilyn Geewax explains what summer travel tells us about the health of the economy.
You could end up with a lot less savings at 65 than you ever anticipated because of fees charged by the financial institutions managing your retirement accounts. Robert Hiltonsmith, who researches retirement security, says those fees were disclosed to 401(k) plan participants until only recently.
Days after the marathon bombing, officials established the One Fund for Boston to assist victims and their families. Attorney Ken Feinberg, who managed similar funds after Sept. 11 and Virginia Tech and is managing this fund, says there's no easy way to decide who gets how much of the $30 million that's been donated.
A dozen universities are collaborating on a sort of extreme winemaking project: How cold a climate can a grape survive and still make good wine? The Northern Grapes Project is inventing wines the world has never seen before, winning wine awards and creating a new crop for struggling rural economies.
Japan has embarked on a massive effort to stimulate its economy. Both the government and the central bank are collaborating to end a long period of stagnation and deflation. But the effects are also being felt outside Japan.
Host Scott Simon talks to Michael Preysman, founder and CEO of Everlane, an online clothing retailer based in San Francisco that provides information to consumers about where its products are made.
The Internet has managed to disrupt many industries, from publishing to music. So why not lending? Google's recent investment in Lending Club has raised the profile of peer-to-peer lending, which gets borrowers and lenders together outside the conventional banking system.