ECONOMY

Oil Refinery Strikes Spark Gas Shortages In France

11:09pm May 25, 2016

by Eleanor Beardsley

Strikes are a part of life in France, and people take it in stride. But every once in a while, things get out of hand, and the escalating conflict over the government's changes to labor laws seems to fit that mould.

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U.S. Credit Card Debt To Reach $1 Trillion This Year

7:28pm May 24, 2016

U.S. credit card debt is about to tip over the $1 trillion mark. NPR's Audie Cornish talks to Mike Calhoun, president of the Center for Responsible Lending, about what the rise in debt means for the economy.

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Men, African-Americans, Hispanics and less educated young people are particularly likely to live with their parents. But across all demographics, more and more people are living with Mom and Dad, Pew found.

For First Time In 130 Years, More Young Adults Live With Parents Than With Partners

7:26pm May 24, 2016

by Camila Domonoske

Living with Mom and/or Dad is more popular than any other form of living arrangement among Americans ages 18-34, the Pew Research Center says.

Monsanto Calls Bayer's $62 Billion Takeover Offer 'Financially Inadequate'

2:54pm May 24, 2016

by Jim Zarroli

But the St. Louis-based seed company makes clear it's still willing to negotiate with the German chemical and pharmaceutical giant.

A shop owner waits for customers in a market in the resort town of Sharm el-Sheikh, Egypt. Over the past nine months, tourism has plummeted in the country after a series of deadly attacks.

People Aren't Coming To See The Pyramids Or Snorkel In The Red Sea

8:26pm May 23, 2016

by Emily Harris

The crash last week of an EgyptAir passenger plane flying from Paris to Cairo is not likely to help Egypt's battered tourism industry.

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As Their Anchors Sink, Malls Try To Present Retail 'Experience'

6:48pm May 23, 2016

by Yuki Noguchi

With more department stores closing, some owners are trying to make malls "more experiential," adding gyms and theaters. One developer is targeting Hispanics with regular concerts and festivities.

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Bayer Makes $62 Billion Play For Monsanto

4:28pm May 23, 2016

by Jim Zarroli

Germany's Bayer corporation says Monsanto is worth $62 billion. That works out to a 37 percent premium over Monsanto's stock price from a few days ago. Bayer is sending a signal it is serious about taking over Monsanto, and it's willing to take on a lot of debt in order to do so.

Going There: The Future Of Water

12:15pm May 23, 2016

by Michel Martin

Western states like Colorado are balancing competing demands for waterways. When recreation, agriculture and civic interests find themselves at odds, how can water resources be divided fairly?

Villagers throw containers into a well to collect their daily supply of potable water after a tanker made its daily delivery in Shahapur, India, on May 13. India is in the midst of a drought.

A Warming World Means Less Water, With Economic Consequences

9:49am May 23, 2016

by NPR Staff

We know that climate change will make water scarcer. But it could also have big economic impacts, Richard Damania of the World Bank says.

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Former homeowner Brian Burns, who now rents an apartment in Henderson, Nev., says he "still sees a lot of empty houses" in Las Vegas, where about 20 percent of homeowners are still underwater in the wake of the housing crisis almost 10 years ago.

A Decade Out From The Mortgage Crisis, Former Homeowners Still Grasp For Stability

10:34pm May 22, 2016

With ruined credit ratings atop financial loss, two ex-homeowners tell their story in the mortgage meltdown aftermath. They're wary of jumping back into the market, even if that likelihood is far off.

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