ECONOMY

What The Roiling Markets Mean For The U.S. And The World

2:43pm August 17, 2015

This past week saw a lot of changes in the world markets, with China's currency devaluation and approval of another Greek bailout. Economist Dambisa Moyo breaks down the latest news.

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Yuan's Devaluation Could Help China Become A World Financial Player

2:39pm August 17, 2015

by Jim Zarroli

China already is an economic force. It's a powerhouse in trade and manufacturing, but it yearns to be more. Its desire to be a major financial player carries some risk for the world's economy.

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The dik-dik is a small antelope that is hunted as bush meat. This picture was taken in Voi, a town in southern Kenya.

Laws Prohibiting Bush Meat Are Actually A Boon For The Bush Meat Biz

10:05am August 17, 2015

by Emily Sohn

That's what researchers in Equatorial Guinea have found. Endangered animals are at risk. So are humans, from diseases the animals could harbor. So how do you stop the bush meat trade?

A European Union (EU) flag flutters in front of the temple of the Parthenon in Athens, Greece, on Saturday. Finance ministers on Friday approved the first 26 billion euros ($29 billion) of a vast new bailout package for Greece.

Eurozone OKs Greek Bailout Deal, Extending Financial Lifeline

1:25pm August 15, 2015

by Scott Neuman

Finance ministers for the 19-nation common currency union approved the first tranche of an 86 billion euro package, the third such emergency deal in five years.

Economy

New 'Sesame Street' Deal Is All About Economics

10:36am August 15, 2015

Under a new partnership between HBO and Sesame Street, PBS stations will screen new episodes of the children's show nine months after they appear on HBO. NPR's Scott Simon talks to media correspondent David Folkenflik.

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Chinese Currency Devaluation Could Mean Turmoil In U.S. Markets

10:36am August 15, 2015

Gilliant Tett of the Financial Times tells NPR's Scott Simon what China's currency devaluation this past week will mean for the rest of the world.

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Closure Of BP Refinery Sends Gasoline Prices Soaring In The Midwest

6:39pm August 14, 2015

by Jeff Brady

Gasoline prices in the Midwest are up sharply even as oil prices head down. The problem is unscheduled repairs at a big BP refinery in Indiana.

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Greek Prime Minister Alexis Tsipras looks at his watch as he speaks to a marathon parliamentary session in Athens on Friday. A bitterly divided Parliament approved a draft bailout agreement with international lenders.

In Long, Raucous Session, Greek Parliament OKs Draft Bailout

1:55pm August 14, 2015

by Scott Neuman

The approval came despite a rebellion within the ranks of the ruling leftist party over harsh austerity measures imposed in exchange for the $93 billion deal.

Greg Gianforte is distributing a brochure urging workers to "come home to Montana" and telework from there.

Tired Of The Big City? Consider Telecommuting From Montana

3:51pm August 13, 2015

by Eric Whitney

Greg Gianforte, a successful high-tech entrepreneur, is recruiting — not for his company, but for telecommuters to move to rural Montana and bring their high-paying jobs with them.

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Devaluation Of Chinese Currency Fuels Fears About Global Economy's Strength

3:44pm August 13, 2015

by Jim Zarroli

Global markets continued to fall after China devalued its currency for a second straight day on Wednesday. The moves to weaken the yuan could damage U.S. multinational firms because their goods become more expensive in China.

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