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.
ECONOMY
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.
Despite Pledges To Cut Back, Farms Are Still Using Antibiotics
Many meat producers say they are reducing their use of antibiotics. Yet the latest government statistics show that sales of these drugs for farm use continue to grow.
To Cook A Holiday Turkey in Kolkata, It Takes A Village, 2 Butchers And 3 Cabs
Turkeys aren't native to India. But these days in Kolkata, you can buy a turkey for your Christmas dinner. But cooking a holiday turkey can still send you on a surreal adventure.
India Wants To Go Cashless. But It's Easier Said Than Done
Paper money is scarce as a result of a government edict. But a couple of major obstacles stand in the way of the cashless society.
Why Aren't There More Women In Tech? A Tour Of Silicon Valley's Leaky Pipeline
We start at an after-school program for middle-schoolers and end at tech companies that try to be front-runners on diversity. Where do girls and women drop out from the tech talent pipeline?
Trump's Immigration Plan Could Undermine Promise To Boost Economy
Donald Trump says he will double the U.S. growth rate; that requires getting more people into the workforce. The president-elect also plans to limit immigration, the biggest source of new workers.
Trump's Doral Golf Course Highlights His Conflicts Of Interest
Donald Trump owns many golf courses, which provide his family with lots of revenue. And as president, he'll be able to steer labor and environmental policies that could boost his own profits.
IMF's Christine Lagarde Found Guilty Of Negligence Over 2008 Dispute
A French court ruled that the current head of the International Monetary Fund improperly oversaw a case when she was France's finance minister. She was not sentenced to any prison time.
U.S. Kids Now Less Likely To Earn More Than Their Parents
Stanford University professor of economics Raj Chetty discusses the idea of American upward mobility and why kids are increasingly less likely to earn more money than their parents.