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Thursday, May 10, 2012

The Two-Way

Pew Study: Americans In The Northeast Have More Economic Mobility

May 10, 2012 Southern states like Florida and Texas scored the lowest on Pew's mobility index.

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On Morning EditionPlaylist

Tuesday, May 08, 2012

Europe

Bond Market Shrugs Off France's Presidential Vote

A supporter of French President-elect Francois Hollande wears a mask of outgoing President Nicolas Sarkozy.

May 8, 2012 The arguments for growth policies as opposed to austerity are taking center stage in Europe after the French and Greek elections. French President-elect Francois Hollande was voted in to a large extent because of his pro-growth, anti-austerity rhetoric, but he is not rejecting austerity altogether.

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Saturday, May 05, 2012

Economy

On Jobs, Bad News Is Bad. The Good News Is Bad, Too

People wait in a line at a job fair on April 10, 2012, in Gresham, Ore. Employment grew by 115,000 last month, but the unemployment rate dip was likely due to people leaving the workforce rather than people getting hired, analysts say.

May 5, 2012 For the second month in a row, weak job growth numbers unsettled nerves in the White House and on Wall Street. But why wasn't the drop in the unemployment rate viewed as good news?

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On Weekend Edition SaturdayPlaylist

Wednesday, April 25, 2012

Economy

Fed Chief Bernanke To Discuss Sluggish Economy

Federal Reserve Chairman Ben Bernanke has issued cautions about the economy.

April 25, 2012 Policymakers at the Federal Reserve wrap up a two-day meeting Wednesday and will explain what they plan to do about interest rates. The consensus seems to be they'll keep short-term rates near zero to help support the lagging economy.

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Saturday, April 21, 2012

The Two-Way

At The IMF, $430 Billion In Pledges Buys Leverage For Emerging Markets

April 21, 2012 The IMF went into this weekend's meetings with a goal of raising enough funds to deal with the European debt crisis. China, Brazil and other countries helped surpass that goal, but there's something they want in return.

Summary

Europe

Strings Attached To IMF's New Financial Firepower

International Monetary Fund Managing Director Christine Lagarde announced Friday that the IMF had raised $430 billion, surpassing its stated goal.

April 21, 2012 Member countries have pledged $430 billion to add to the International Monetary Fund's crisis-fighting arsenal. The aim is to amass enough resources to handle any further problems coming from the prolonged debt crisis in Europe, but the funds come with a few caveats.

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On Weekend Edition SaturdayPlaylist

Thursday, April 19, 2012

Economy

U.S. Wallet Closed As IMF Seeks To Build Crisis Fund

International Monetary Fund Managing Director Christine Lagarde made the case for an international crisis fund at a briefing in Washington on Thursday.

April 19, 2012 At a news conference kicking off the spring meetings of the International Monetary Fund and the World Bank, IMF Managing Director Christine Lagarde said she wants to secure at least $400 billion for a special crisis fund for Europe. Thus far, the U.S. has chosen not to contribute.

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Tuesday, April 17, 2012

Business

U.S. Has A Natural Gas Problem: Too Much Of It

Oil field workers drill into the Gypsum Hills near Medicine Lodge, Kan. Hydraulic fracturing, or "fracking," to coax out oil and gas has led to a natural gas boom that the U.S. market is having trouble absorbing.

April 17, 2012 A boom in natural gas in the U.S. has driven prices to 10-year lows, threatening the viability of some producers. People needed less gas to heat their homes this winter, but at the same time a huge increase in gas production was made possible by new methods of coaxing gas out of shale rock formations.

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Friday, April 06, 2012

Economy

Just How Strong Is The Job Market?

Job seekers attend a career fair in New York City. Federal Reserve Chairman Ben Bernanke says the quick drop in unemployment might have been a reversal of overzealous cutbacks during the financial crisis.

April 6, 2012 The government's monthly employment report Friday could help answer a key question about the economy: Will the recently strong job growth slow once employers finish replacing the people they fired during the depths of the recession?

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Monday, April 02, 2012

Business

Oil Scare Turns FedEx On To Energy Efficiency

A FedEx hybrid delivery truck. In FedEx's fleet of over 90,000 vehicles, 408 are hybrid or electric, and 4,000 are fuel-efficient, lower-emitting "Sprinter" vans.

April 2, 2012 When Fred Smith started FedEx in 1971, the company nearly didn't make it because of the spike in fuel costs related to the Arab oil embargo. That experience led Smith to turn FedEx into one of the leaders in looking for alternatives to power its vans, trucks and jets.

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On Morning EditionPlaylist

Wednesday, March 28, 2012

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