Jim Zarroli Jim Zarroli is a business reporter for NPR News, based at NPR's New York bureau.

As Storm Looms, NYC Shuts Down Mass Transit

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Many of Bank of America's problems stem from its purchase of the subprime mortgage lender Countrywide Financial. Chuck Burton/AP hide caption

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Chuck Burton/AP

A 'Good Deal' For BofA, A 'Great Deal' For Buffett

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Google plans to buy Motorola Mobility for $12.5 billion in cash. At the end of 2010, Google was sitting on nearly $35 billion, and it's not alone. Paul Sakuma/AP hide caption

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Paul Sakuma/AP

Companies Sit On Cash; Reluctant To Invest, Hire

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Henry Street Settlement provides a range of social services for low-income New Yorkers, including a summer day camp for children. Corporate donations to the agency fell off after the 2008 financial crisis. Will Deitz/Henry Street Settlement hide caption

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Will Deitz/Henry Street Settlement

Nonprofits Watch Anxiously As Market Wobbles

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Federal Reserve Chairman Ben Bernanke told Congress in July that the Fed was ready to act if the economy weakened. On Tuesday, the Fed announced it was prepared to keep interest rates low until at least mid-2013. Susan Walsh/AP hide caption

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Susan Walsh/AP

Fed May Need To Find New Tricks Up Its Sleeve

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House Speaker John Boehner House Majority Leader Eric Cantor answer questions during a press conference on a balanced budget amendment at the U.S. Capitol July 14, 2011. Economists say many conservatives believe the answer to the economy's woes is a dramatic reduction in spending, but that could be risky. Win McNamee/Getty Images hide caption

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Win McNamee/Getty Images

Does Government Debt Really Weaken The Economy?

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President Obama tours the Automotive Training Program at the Northern Virginia Community College, Alexandria campus, in June, Va. Slower economic growth means fewer opportunities for U.S. companies, which in turn leads to less hiring. Jim Lo Scalzo/Pool/Getty Images hide caption

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Jim Lo Scalzo/Pool/Getty Images

The Problem With A Slow-Growth Economy

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Financial Markets Seem Disinterested In Debt Discord

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Bank Of America Settles With Investors

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Fed Cuts Forecast For Growth

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JPMorgan Securities to Settle Fraud Charges

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"In this context, monetary policy cannot be a panacea," Federal Reserve Chairman Ben Bernnake says. Jim Watson/AFP/Getty Images hide caption

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Jim Watson/AFP/Getty Images

Fed Stimulus Ends Soon; Do We Still Need It?

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Contestants Ken Jennings, Brad Rutter and IBM's computer named Watson compete on Jeopardy! earlier this year. Carol Kaelson/Jeopardy Productions/AP hide caption

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Carol Kaelson/Jeopardy Productions/AP

IBM Turns 100: The Company That Reinvented Itself

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Treasury Secretary Timothy Geithner has frequently warned about the dangers of not raising the nation's debt ceiling. Michael Nagle/Getty Images hide caption

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Michael Nagle/Getty Images

What If We Don't Raise The Debt Ceiling?

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