Economy

Nigerians are outraged over the clothing allowance given to lawmakers. In a country where the average person lives on dollars a day, the nation's 469 lawmakers will share a $43 million allowance.

The Republican House Ways and Means chairman explains to Steve Inskeep why he supports the Trans-Pacific Partnership deal, which is now working its way — in fits and starts — through Congress.

Labor unions argue it's yet another deal that will erode American jobs and benefit corporations. But labor specialists say there's a flip side: Companies more engaged in global trade pay higher wages.

The government says thousands of vendors must pack up their wares, move off the streets and pay rent to sell from designated zones. The vendors say: How will we be able to earn a living?

Colt, a brand name Americans have known since 1855, is headed for bankruptcy. The company will keep operating as it sorts out its debts, but a big chunk of manufacturing history hangs in the balance.

A judge handed former American International Group, Inc., Chief Hank Greenberg on Monday a symbolic victory in his lawsuit against the government over the bailout of AIG. While the judge sided with Greenberg on the merits of the case, he refused to grant Greenberg and other shareholders any compensation.

Residents are still fighting Chinese manufacturers who sold bad drywall that went into the post-Katrina rebuilding effort. On Tuesday their case picks up again in a New Orleans federal courtroom.