Business
GM's Saab Sale Collapses Koenigsegg Backs Out
[1 min 47 sec]
Economy
Rex Arbogast/APEconomy Puts A Damper On Holiday Travel
()The worst recession since the 1930s has caused many Americans to rethink their holiday travel plans. As a result, far fewer are flying, and many are opting not to travel at all just to save money. Among other things, it's bad news for an already struggling airline industry.
Spending And Home Sales Up, Jobless Claims Dip
Consumer spending rose a brisk 0.7 percent and home sales were stronger than expected in October.
()For Public, Affordability A Key Issue In Health Bill
Polls repeatedly show Americans are concerned about how a health bill would affect their finances.
()Media
'Washington Post' To Close Remaining U.S. Bureaus()
November 24, 2009 The newspaper said it would close bureaus in New York, Los Angeles and Chicago at the end of the year to save money and will focus news efforts on covering the nation's capital. Six correspondents are being offered jobs in Washington, while three news aides will be let go Dec. 31.
Fed Says Jobless Rate Will Drop, But Slowly()
November 24, 2009 The central bank predicted the jobless rate could hover between 8.6 and 10.2 percent next year. Most Fed policymakers said it could take "five or six years" for the economy and the labor market to get back on a path of full health.
Intelligence Squared U.S.
Are Obama's Economic Policies Working Effectively?()
November 24, 2009 As the economy slowly begins to recover from the financial meltdown, should the Obama administration get credit for turning things around? Or has the administration failed to do what it takes to really help the economy? A panel of experts takes on the question in the latest Intelligence Squared U.S. debate.
Business
Banks Still Ailing, FDIC Insurance Fund Negative()
November 24, 2009 Banks earned $2.8 billion in the third quarter, but loan balances plummeted and the fund that insures their deposits had a negative balance of $8.2 billion. Souring loans continued to hurt bank balance sheets, but they were buoyed by higher operating revenues and a revived market for securities, the FDIC said.
Recovery's Pace Slower Than First Thought()
November 24, 2009 The economy grew at a 2.8 percent pace last quarter, as the recovery got off to a slower start than first thought. The government's new reading on gross domestic product wasn't as energetic as the 3.5 percent growth rate for the July-September period estimated a month ago. A separate report said confidence in the economy improved slightly in November.
On The Road To Safety
'Diverging Diamond' Traffic Flow: Way Of The Future?()
November 24, 2009 The "diverging diamond" highway interchange is being put to the test in Missouri. Fans of the new design say it improves traffic flow by eliminating problematic left turns. There's just one catch: It briefly sends cars over to the left side of the road.
heard on air
Special Series
Financial Crisis: One Year And Counting
NPR looks at the financial system's near collapse and whether lessons have been learned.
