Business

The Economy Trump Will Inherit

Donald Trump calls the impact of trade deals on the US a "disaster." But what kind of economy is he really inheriting and how might he affect it? Economics blogger Megan McArdle weighs in.

'Wall Street Journal' Raises Possible Conflicts Of Interest For Rep. Tom Price

A report in the Wall Street Journal is raising questions about possible conflicts of interest for Rep. Tom Price, Donald Trump's choice to be Secretary of Health and Human Services. According to the newspaper, Price traded medical stocks while also working on health legislation in Congress. NPR's Robert Siegel talks to Michelle Hackman of the Wall Street Journal.

European Banks Reach Multi-Billion Dollar Settlement Over Toxic Mortgages

In the waning days of the Obama administration, two European banks, Deutsche Bank and Credit Suisse, agreed to multi-billion dollar settlements with U.S. authorities for selling toxic mortgages prior to the financial crisis. The combined payouts will be approximately $12.5 billion. A third bank, Barclays, balked at a deal and is being sued by the Justice Department.