Business

World News

Deutsche Bank Offices In Frankfurt Raided By German Police

10:51am November 29, 2018

German authorities raided the offices of Deutsche Bank in Frankfurt on Thursday morning. Police and federal prosecutors were apparently looking for evidence of money laundering.

Queue Listen Now

Police vehicles are parked in front of Deutsche Bank headquarters as roughly 170 officers, prosecutors and tax inspectors searched the bank's offices in and around Frankfurt, Germany, on Thursday.

Deutsche Bank Offices Are Raided In Money Laundering Probe

10:40am November 29, 2018

by Bill Chappell

Prosecutors are investigating two Deutsche Bank employees who allegedly helped customers set up offshore firms to avoid anti-money laundering safeguards.

Wish Dunkin' Had A Clothing Line? Dream On

7:03am November 29, 2018

Dunkin' unveiled a line of "Espresso-Wear." The clothing was designed for customers who need to carry coffees. Sadly, the items like Cappu-Chinos, pants with cup-holder pockets, are not real.

Queue Listen Now

World News

Why There's So Much Beef Being Sent Between The U.S. And Mexico

6:19pm November 28, 2018

by Jason Beaubien

Mexico and the U.S. send cattle back and forth, so much so, that a head can cross the border multiple times before reaching its final destination.

Queue Listen Now

The Fearless Girl statue stands facing the Charging Bull as tourists take pictures in New York City. The smaller statue was moved this week.

Arts

Gone Girl: Lower Manhattan 'Fearless Girl' Statue Is 'On The Move'

6:11pm November 28, 2018

by Ruben Kimmelman

Fearless Girl appeared across from the Charging Bull on the eve of International Women's Day in 2017. It has now been removed and will be placed in front of the New York Stock Exchange.

Michigan Rep. Debbie Dingell Is Not Happy With GM's Elimination Of So Many Jobs

5:28pm November 28, 2018

NPR's Mary Louise Kelly talks with Rep. Debbie Dingell, D-Mich., about the General Motors job cuts and what they mean for the industry and American auto workers.

Queue Listen Now

Do Americans Have An Appetite For Electric Cars?

5:28pm November 28, 2018

Following General Motors' decision to discontinue the Chevy Volt to focus on zero-emission cars, NPR's Ailsa Chang talks with journalist John Voelcker about the future of the electric cars in the U.S.

Queue Listen Now

Fans used to cool bitcoin data miners are hooked up in a bitcoin data center in Virginia Beach, Va., in February.

Economy

Bitcoin Is Bouncing Around Again. Here Are Some Possible Causes

5:19pm November 28, 2018

by James Doubek

Bitcoin is known to be volatile. But recently it has suffered a rash of notable losses. Analysts are looking to the amount of computing power used and the split of a rival cryptocurrency for answers.

On the eve of renewed sanctions by Washington, Iranian protesters burn a dollar banknote and a US makeshift flag during a demonstration outside the former US embassy in the Iranian capital Tehran. (Photo by ATTA KENARE / AFP) (Photo credit should read ATT

Economy

Do Sanctions Work?

4:39pm November 28, 2018

Sanctions have become an increasingly common foreign policy tool for the U.S. How effective are they?

In a speech to the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell said interest rates are just below the range of estimates that would be "neutral" for the economy.

Economy

Fed Chief's Remarks On Economy And Interest Rates Cheer Investors

4:09pm November 28, 2018

by Jim Zarroli

Federal Reserve Chairman Jerome Powell said that the outlook for the U.S. economy remains solid and that interest rates are nearly within a "neutral" range, touching off a surge in stock prices.