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Tuesday, January 08, 2013

After The 'Fiscal Cliff,' Businesses Say Some Uncertainty Remains

U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff. But the unemployment rate remained at 7.8 percent last month.

January 8, 2013 Even after Congress' action to avert part of the "fiscal cliff," business owners remain cautious about hiring and expanding. Those that are growing cite the underlying economy, but others say uncertainty about government spending is keeping them wary.

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The Two-Way

European Union Reports Highest Unemployment Rates Ever For Eurozone

In Badalona, Spain, people waited outside an employment office last summer.

January 8, 2013 In the European Union, unemployment rates are at their highest ever, as a returned recession, falling income levels and persistent debt concerns trouble the region's economy, as its latest statistics show.

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Your Money

Havens Are Turning Hellish For Tax Avoiders

A man enters a UBS bank in Hong Kong last month. The Swiss banking giant agreed in 2009 to identify the names of its U.S. account holders, part of a push by banking regulators to make it harder to hide income.

January 8, 2013 The U.S. and other countries are cracking down on banks that are known to help clients hide their assets, and the international push is beginning to have a major effect.

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Monday, January 07, 2013

All Tech Considered

Why Is Google Exec Interested In North Korea?

Google's Executive Chairman Eric Schmidt (left) arrives at Pyongyang International Airport on Monday. There is speculation that Schmidt's presence in North Korea could have an upside for Google by positioning Schmidt as the company's global ambassador.

January 7, 2013 Eric Schmidt, Google's executive chairman, has landed in North Korea. His trip there is a bit of a mystery. North Korea's young leader, Kim Jong Un, recently set out a series of policy goals that included expanding science and technology as a way to improve the North Korean economy in 2013.

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The Salt

The $1.76 Million Tuna: Great For Publicity, Bad For The Species

Sushi chain owner Kiyoshi Kimura poses with a bluefin tuna in front of his Sushi Zanmai restaurant in Tokyo on Saturday. He paid more than $1.7 million for the fish.

January 7, 2013 A sushi chain owner paid about $3,600 per pound for a Pacific bluefin tuna on Saturday, during the first auction of the year at Toyko's Tsukiji fish market. Alas, the headline-grabbing species is in danger of being overfished, scientists say.

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All Tech Considered

Are You Eating Too Fast? Ask Your Fork

A electronic HAPIfork, which can monitor users' eating habits, is on display at a press event at the Consumer Electronics Show in Las Vegas.

January 7, 2013 A fork and spoon with built-in sensors can measure how long your meals last. Computers and sensors are being built into just about everything these days — a trend on display at this year's Consumer Electronics Show in Las Vegas. And lots of companies are working on getting your TV to play nicely with your smartphone.

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Planet Money

New Bank Rule: Sounds Boring, Actually A Big Deal

January 7, 2013 If you want to know how safe banks are — and how willing they'll be to make loans to ordinary people — pay attention to liquidity rules.

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The Two-Way

Big Banks Agree To Pay $8.5 Billion To Settle Foreclosure-Abuse Claims

April 2011: A foreclosure sign in front of a home in Richmond, Calif.

January 7, 2013 Some borrowers who were mistreated during foreclosures will receive compensation. The payments will range from hundreds of dollars to $125,000. The agreement ends a case-by-case review of the banks' actions.

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