May 24, 2013 Los Angeles is home to a large slice of the world's bluejeans trade. But as the U.S. apparel industry continues to shrink, the city's high-end bluejeans business faces a threat. The European Union has imposed a nearly 40 percent tariff, which could cripple the city's jean business.
May 24, 2013 NJPRSeven months after Hurricane Sandy slammed into the Jersey Shore, Asbury Park is still waiting for insurance and federal aid money. In the meantime, it borrowed $10 million to repair the waterfront in time for the critical Memorial Day weekend.
May 23, 2013 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.
May 23, 2013 There was more of a decline than economists expected, but the weekly pace hasn't really changed much since late 2011.
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.
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.