Business

Economists To G-8: Want Growth? Try This()  

A 2013 Accord is ready to come off the line at the Honda automobile plant in Marysville, Ohio, in 2012. Accords built at the 4,400-employee plant are shipped to South Korea — an example of the importance of trade to manufacturing jobs.

June 17, 2013 Economists hope the leaders of major economies gathering in Northern Ireland will discuss expanding global trade. Since interest rates can't be lowered much further, analysts say, trade will be a key catalyst for growth.

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Business

Housing Market Watchers Edgy As Mortgage Rates Keep Climbing()  

Home values have been rising in recent months, but mortgage rates have taken a rapid turn upward as well. Some investors are worried that the housing recovery may stall if mortgage rates jump too quickly.

June 14, 2013 The Federal Reserve's economic stimulus has helped keep mortgage rates at record lows in the years since the Great Recession. But rates are ticking upward, leaving some investors worried that the nascent housing recovery will suffer if the Fed unravels its policies too quickly.

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Planet Money

When People Make Their Own Banks()  

Harlem funeral directors Tamara Bullock and Patricia Hamilton are going to spend their next savings-club payout on a sky-diving trip (unless Bullock can get out of it).

June 14, 2013 An ex-con lends money to people in need; a group of friends creates a savings club. Even without banks, people often figure out how to get the money they need, when they need it.

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Dollar For Dollar: Adventures In Investing

How To Invest In Real Estate Without Being A Landlord()  

NPR's Uri Berliner discovers that among his REIT holdings is one that owns the Washington, D.C., site where, until recently, NPR had its headquarters. The building is being torn down and a new building with law offices will go up in its place.

June 13, 2013 One of the simplest ways to invest in real estate is through a real estate investment trust. REITs generate income for investors by leasing commercial properties. As part of his quest to put $5,000 to work, NPR's Uri Berliner learns that what counts as real estate in a REIT keeps expanding.

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The Salt

Why You'll Be Paying More For Beef All This Year()  

With U.S. cattle herds at their lowest levels since the 1950s and corn feed prices on the rise, beef prices are on the rise.

June 12, 2013 No, your eyes aren't fooling you: Prices for burger and steak meat have been going up this summer. Why? The ongoing drought in the Midwest has created a shortage of feed, raising expenses for ranchers and forcing some to cull their herds. And economists don't expect the beef price hikes to let up this year.

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The Two-Way

Report: Overdraft Protection Puts Customers 'At Greater Risk'()  

Richard Cordray, the director of the Consumer Financial Protection Bureau.

June 11, 2013 The Consumer Financial Protection Bureau reports those who opt in to the service rack up more costs and are more likely to have their accounts closed.

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