Business

An Insider Trader Caught On Tape Tells All

A former accountant convicted of insider trading tells his story to our "Planet Money" podcast team: what he did, how he did it and why. Though he's still struggling with that last one.

Global Oil Prices Fall To 11-Year Low

Global oil prices dropped again, falling to an 11-year low on Wednesday as investors worried about weak demand for refined petroleum products. New government data show U.S. stockpiles of gasoline and distillates, including diesel fuel and heating oil, soared in recent days, offsetting a decline in crude supplies. Taken together, crude and refined products are now at a record high, and that glut is driving retail prices lower.