ECONOMY

Russian Economic Forum Boycotted Over Ukraine Crisis

9:18am May 22, 2014

by Jackie Northam

The St. Petersburg International Economic Forum is seen as Russia's answer to the economic gathering in Davos, Switzerland. The Obama administration has been pressing U.S. corporations not to attend.

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JPMorgan Chase Announces Detroit Investment

9:21pm May 21, 2014

by Sarah Hulett

JPMorgan Chase will invest $100 million into the Motor City. The bulk of the money will go to small business development, blight removal and job training. Michigan Radio's Sarah Hulett reports.

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Penny Hoarders Hope For The Day The Penny Dies

9:21pm May 21, 2014

by Zoe Chace

A pre-1982 penny has about 2 cents worth of copper in it. Some people hoard them, betting that the U.S. will kill the penny and then it will be legal to melt them down and they can make a killing.

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Economy

Better Job Prospects Greet New Wake Forest Grads

6:02am May 20, 2014

Annie Eggleston graduated from Wake Forest University Monday with big plans for her future.

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Economy

Triad Gaining Maola Production Jobs

11:50am May 16, 2014

An eastern North Carolina company is shifting some production to the Triad and to Virginia.

Online Gambling In The Garden State Gets Off To A Slow Start

8:18pm May 15, 2014

by Jessica Gould

New Jersey legalized online gambling in 2013, expecting a big windfall in tax revenue, but it has earned less than $8 million so far. What's gone wrong with New Jersey's big bet?

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De Desharnais of Ashwood Development in New Hampshire says homebuilding activity for her company has slowed sharply since the housing crash. But she's hopeful that business will pick up.

Missing In The Housing Recovery: New Houses

8:18pm May 15, 2014

by Chris Arnold

Even now, five years after the crash, homebuilding is stuck at half its normal level. And a hoped-for bounce after the harsh winter hasn't materialized. Some analysts blame higher mortgage rates.

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Economy

Why Inflation Is So Low

3:55pm May 15, 2014

by Jacob Goldstein

With the Federal Reserve pumping trillions of dollars into the economy the past several years, why has inflation remained so low?

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Housing Regulator Has Big Plans In Store For Two Mortgage Titans

7:26pm May 13, 2014

by Chris Arnold

A top federal regulator for the U.S. housing market signaled some big changes for government-run mortgage giants Fannie Mae and Freddie Mac. The changes likely mean lending will be expanded.

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Then-Treasury Secretary Timothy Geithner testifies before the House Financial Services Committee in 2012. He says he struggled with communicating why he had to help the banks during the financial crisis.

For Geithner, Financial Crisis Was Like Landing A Burning Plane

8:27pm May 12, 2014

by NPR Staff

Former Treasury Secretary Timothy Geithner received mixed reviews of his performance during the financial crisis. In his new book, he says he did what was required to "keep the lights on."

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