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Scott Horsley Scott Horsley is NPR's Chief Economics Correspondent.
Scott Horsley 2010
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Scott Horsley

Election 2008

Dunkin Donuts vs. Starbucks Democrats

The battle between Hillary Clinton and Barack Obama is sometimes boiled down to Starbucks vs. Dunkin Donuts Democrats. What can the candidates learn from the business world about these two political tribes?

Dunkin Donuts vs. Starbucks Democrats

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Election 2008

McCain Urges 'Global Compact' to Resolve Conflicts

Disavowing unilateralism, Sen. John McCain (R-AZ) clarified his foreign policy views on Wednesday, promising, if elected, to consult and work more closely with allies overseas than the Bush administration has.

McCain Urges 'Global Compact' to Resolve Conflicts

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Election 2008

McCain Urges Cuts over Bailouts in Mortgage Crisis

Not to be outdone by the Democratic presidential candidates, Sen. John McCain on Tuesday offered his own plan for managing the mortgage crisis. The presumptive GOP nominee's plan would rely more on private sector cooperation and tax cuts rather than federal bailouts.

McCain Urges Cuts over Bailouts in Mortgage Crisis

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Economy

Clinton Calls for More Aid for Struggling Homeowners

Housing prices remain in a slump as the subprime mortgage crisis continues to stifle the economy. Presidential hopeful Hillary Clinton has endorsed a plan that encourages restructuring of home loans in danger of default, but now she's calling for a more aggressive plan wherein the government would step in to buy at-risk mortgages.

Clinton Calls for More Aid for Struggling Homeowners

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Economy

Wall Street Regroups After Wild Week

U.S. stock and bond markets wrap up a three-day weekend — a much-needed break after a tumultuous week, which began with the fire sale of Bear Stearns. The Dow Jones Industrial Average ended the week up nearly 3.5 percent. But it wasn't easy.

Wall Street Regroups After Wild Week

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Business

FedEx Blames Economy, Pricey Fuel as Profits Dip

FedEx saw its profits dip last quarter. The overnight shipping company warns that the year ahead may be more of the same as it feels the pinch of an economic slowdown and high gasoline prices.

FedEx Blames Economy, Pricey Fuel as Profits Dip

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Your Money

Fed's Rate Cut Affects Borrowers, Savers

The Federal Reserve on Tuesday slashed a key interest rate by three-quarters of a point, making it cheaper for banks to borrow. Banks may eventually pass the savings to consumers in the form of lower interest rates for loans, but the interest that consumers earn on savings can also go down.

Fed's Rate Cut Affects Borrowers, Savers

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The Fed and Bear Stearns

Is the Fed Doing Enough to Help Sagging Economy?

The Federal Reserve swooped in quickly to prevent Wall Street titan Bear Stearns from going bust and triggering a panic on Wall Street. It's not a bailout in the sense of a taxpayer rescue of a corporation. But it is part of a more activist approach to the credit crisis by both the Fed and the Bush administration's economic team.

Is the Fed Doing Enough to Help Sagging Economy?

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The Fed and Bear Stearns

Bear Stearns Collapse Costly to Many

Many people lost big money as Bear Stearns collapsed, among them British billionaire Joseph Lewis and Dallas-based money manager James Barrow. But employees may take the biggest hit. Collectively, they owned a huge stake in the bank.

Bear Stearns Collapse Costly to Many

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The Fed and Bear Stearns

Bailing out Bear Stearns

J.P. Morgan bought its collapsing rival Bear Stearns after the Federal Reserve intervened. The Fed took several unusual moves, including approving the purchase over the weekend instead of waiting until a March 18 scheduled meeting.

Bailing out Bear Stearns

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The Fed and Bear Stearns

Winners and Losers in Bear Stearns' Downfall

When the dust settled from the dramatic downfall of Bear Stearns, one of Wall Street's most storied investment banks, rival JP Morgan Chase wound up taking control of it. The stunning collapse marks a significant loss for some investors, like Bear Stearns employees, who owned 30 percent of the bank.

Winners and Losers in Bear Stearns' Downfall

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Presidential Candidates on Iraq

McCain's Success Tied to Americans' Views on Iraq

Like all of the presidential hopefuls, Arizona Sen. John McCain's positions on the Iraq war have evolved as the war has extended. McCain still defends his Senate vote in October 2002 that helped authorize the war, but he has been a critical cheerleader of U.S. efforts.

McCain's Success Tied to Americans' Views on Iraq

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Economy

Gasoline Prices Continue to Soar

Record high crude oil prices mean gasoline is probably headed higher as well, and prices at the pump already are at record highs. The Energy Department reports that gasoline is selling for an average of more than $3.22 nationwide. That's up more than 25 cents in the past month.

Gasoline Prices Continue to Soar

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Economy

Gasoline Soars Months Before Driving Season

Gasoline prices have hit another all-time high, selling at an average of more than $3.22 per gallon nationwide, as they follow crude oil prices upward. And we're still months away from the summer driving season, which could push prices even higher.

Gasoline Soars Months Before Driving Season

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Opinion

A Wacky Week for John McCain

Hot dogs at the White House, a kazoo rendition of "Hail to the Chief" and a failed teleprompter. All figured in Sen. John McCain's week as he continued down the campaign trail after clinching enough delegates for the Republican presidential nomination.

A Wacky Week for John McCain

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