Strong new-vehicle retail sales figures have led analysts to predict North American production will reach 16 million units in 2013 — a mark not hit since 2002. Part of the rise is due to strong demand for pickup trucks.
Production Of New Vehicles Predicted To Hit 2002 Levels
()Strong new-vehicle sales lead industry analysts to revise their forecasts for North American production levels in 2013, with J.D. Power & Associates and LMC Automotive predicting 16 million units will be produced — a mark not hit since 2002.
Jobless Claims Drop, But Stay In Recent Range
There was more of a decline than economists expected. But the pace has been steady since late 2011.
()The Two-Way
Bernanke Hints That The Economy Still Needs Help()
May 22, 2013 The Fed chairman cautioned Wednesday that if interest rates were to start rising now, the economy could slump. Meanwhile, the National Association of Realtors said sales of existing homes rose — and would have been even stronger if not for tight inventory.
Your Money
Instead Of Snoozing In Savings, Let's Put $5,000 To Work()
May 22, 2013 It's a hard time to be a saver. The return on a savings account doesn't even keep up with inflation, and that has led many savers to ask: What should I do with my money? NPR's Uri Berliner takes $5,000 out of his own personal savings and explores various investment opportunities.
The Two-Way
Pledging Not To 'Screw It Up,' Yahoo Seals Deal For Tumblr()
May 20, 2013 Yahoo will pay about $1.1 billion for the six-year-old blogging site. Tumblr's leadership won't change and Yahoo promises it will be independently operated.
Around the Nation
Advocates Struggle To Reach Growing Ranks Of Suburban Poor()
May 20, 2013 The number of poor people living in America's suburbs now surpasses those in cities or rural areas. Long focused on the urban poor, social service agencies are now trying to respond to the basic needs of a much more far-flung population.
Around the Nation
Boom Or Bust? Saving Rhode Island's 'Superman' Building ()
May 19, 2013 The iconic Industrial Trust Tower in downtown Providence is empty for the first time in 85 years. Developers want to turn it into luxury apartments — and want the state and city to pay for it. But Providence — like the rest of Rhode Island — faces its own economic problems, as well as a recent failed investment.
Author Interviews
Stories Of Hope Amid America's 'Unwinding'()
May 19, 2013 When the factory she worked at closed down, Tammy Thomas reinvented herself as a community organizer; and when Dean Price's truck stop business went belly up, he became a champion of biofuel. In a new book, George Packer examines how ordinary people are adapting to a new America.
Business
Internships: Low-Paid, Unpaid Or Just Plain Illegal?()
May 18, 2013 Fed up with working for free, some interns are suing their employers. Last week, a judge ruled that interns could not sue the Hearst Corp. as a class action, which could be a legal setback for young workers tired of exploitative unpaid internships.
The Two-Way
U.S. Airlines Forecast A Sunnier Summer()
May 16, 2013 The number of passengers planning to fly this summer will rise 1 percent from 2012, climbing back to the highest level since 2008, an industry group said Thursday. After years of instability, airlines welcome an easing in jet fuel prices. Even customers' complaints are quieting down.
Your Money
The Tricky Business Of Retirement: Hidden 401(K) Fees ()
May 16, 2013 You could end up with a lot less savings at 65 than you ever anticipated because of fees charged by the financial institutions managing your retirement accounts. Robert Hiltonsmith, who researches retirement security, says those fees were disclosed to 401(k) plan participants until only recently.





