Business

Volkswagen Promises To Compensate Diesel Car Owners For Lost Resale Value

Volkswagen's top two executives faced reporters Thursday and explained what they had learned about the emissions scandal that looms over the company. They said the investigation revealed that no member of VW's two boards were involved, and that misconduct was limited to a small number of employees.

Pew Research Report Finds Most Americans Are No Longer Middle Class

According to a Pew Research Center report released Wednesday, the middle class is losing ground. The report finds the middle class has shifted into lower and upper-income households. NPR's Audie Cornish talks with Rakesh Kochhar, the lead author of the report and associate director of research at the Pew Research Center, about what it now means to be part of the middle class. Then, Audie Cornish turns to NPR's Mara Liasson about what a shrinking middle class means for the presidential race.