Business

Unless Congress raises the debt limit by Nov. 3, the U.S. Treasury may be left with only incoming taxes and fees to cover expenses, which would not be enough to pay all bills.

Why You Shouldn't Stare Up At The Debt Ceiling And Yawn

11:53am October 24, 2015

by Marilyn Geewax

Congress always finds a way to swerve away from the brink just as the country nears default on its bonds. But this time, political turmoil may be increasing the danger that Congress won't act in time.

New Orleans Urges Sales Tax Hike Support To Fund French Quarter Police

7:14pm October 23, 2015

by Jesse Hardman

New Orleans has had its fair share of high-profile crime problems. Now residents are set to vote on a sales tax hike to fund more state police officers in the French Quarter.

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National

'Consumer Reports' Pulls Tesla Model S Recommendation

6:48pm October 23, 2015

by Sonari Glinton

Tesla — the electric car company beloved by environmentalists and the auto press — has hit a rough patch. A rave review from Consumer Reports has been reversed, and now Tesla's Model S is no longer recommended by the magazine. A self-driving feature introduced recently has also led to some hair raising moments behind the wheel documented online.

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As RushCard Problems Linger, Federal Consumer Protection Group Steps In

5:41pm October 23, 2015

by Laura Wagner

After hundreds of thousands of RushCard customers were unable to access their money, the Consumer Financial Protection Bureau said Friday that it's taking "direct action" to "make consumers whole."

An AR-15 is displayed at a National Rifle Association Convention. This fall, Wal-Mart will end sales of military-style rifles like the AR-15.

National

Wal-Mart To End Sales Of Some Semi-Automatic Rifles, Citing Low Demand

5:25pm October 23, 2015

by Laura Wagner

The retail giant says that because of a drop in customer demand, it will focus on other hunting and sportsmen's firearms.

Economy

How Do You Make $3 Trillion Disappear? The Fed Will Soon Find Out

4:56pm October 23, 2015

by David Kestenbaum

The Planet Money team explains how to make $3 trillion disappear, which is what the Federal Reserve will be trying to do. It created the money after the financial crisis to try to help the economy and lower interest rates. But now that the economy is improving the money could eventually create inflation or cause bubbles.

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It's Not Just VW: A Robust Market For Reprogramming Vehicles

4:30pm October 23, 2015

by Aarti Shahani

An entire marketplace exists on the Internet for tuners, devices that help drivers crank up the power on vehicles and then hide the evidence. We visit a local diesel shop to see how it works.

Automatically enrolling workers into a savings plan and then deducting their pre-tax contribution from their paycheck means workers don't see or feel any loss. It sort of tricks our brains into doing the right thing.

Why Is It So Hard To Save? U.K. Shows It Doesn't Have To Be

3:09pm October 23, 2015

by Chris Arnold

Millions of workers in the U.K. who thought they couldn't afford it are saving thanks to a law that automatically enrolls them in a retirement plan. It tricks their brains into doing the right thing.

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National

The Strike That Birthed The United Auto Workers

3:07pm October 23, 2015

by Jacob Goldstein

United Auto Workers has ratified a new contract with Fiat-Chrysler. It was settled across a conference table, in a time-frame agreeable to both parties. But, it hasn't always been that way.

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From Chief Executive To The Oval Office: Would It Work?

2:43pm October 23, 2015

by Tamara Keith

American voters have long been intrigued by the idea of the outsider CEO who could bring corner office credentials to oval office problems. But the analogy falls apart pretty quickly.

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