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Your Money

Author Interviews

James Suroweicki and 'The Wisdom of Crowds'

In his book The Wisdom of Crowds, James Suroweicki favorably compares the judgment of the group with the brilliance of lone genius. The New Yorker writer explores his theories with NPR's Scott Simon, aided by tourists at New York City's Grand Central Station.

James Suroweicki and 'The Wisdom of Crowds'

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Business

Oil Cost Rises on Yukos Chaos

The price of crude oil hits a record high on concerns that Yukos, Russia's largest oil company, may halt production. Yukos, which produces about 2 percent of the world's oil, faces bankruptcy due to billions the Russian government says it owes in back taxes. It has been ordered not to sell any assets. Hear NPR's Lawrence Sheets.

Oil Prices Hit Record High on Yukos Chaos

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Science

Medicare Drug Plan Said to Be Working Smoothly

The Medicare prescription drug plan for seniors and the disabled is providing substantial discounts on drugs, according to a study by the Kaiser Family Foundation. In its report, the organization finds that prices have not been fluctuating as much as had been feared. NPR's Julie Rovner reports.

Medicare Drug Plan Said to Be Working Smoothly

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The Color of Money: Listener Questions

Day to Day personal finance contributor Michelle Singletary answers questions from listeners. Singletary writes the syndicated column "The Color of Money" for The Washington Post, and is also author of the book 7 Money Mantras for a Richer Life.

The Color of Money: Listener Questions

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Business

Geoduck Clam Farms Spread along Coastal Northwest

Geoduck farms are spreading around the coastal Northwest. The geoduck, the largest clam in North America, has a three-foot neck and can live to be more than 150 years old. Divers have long harvested the delicacies from the salt waters of Washington, Alaska and British Columbia. Now -- like oysters and other shellfish -- they're being farmed by entrepreneurs. Hear Austin Jenkins from Olympia, Wash.

Geoduck Clam Farms Spread along Coastal Northwest

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Business

Microsoft Plan Raises Stock

Microsoft stock rises, a day after the software giant said it would give some $75 billion in cash to shareholders over the next four years -- roughly $3 a share. Analysts say the company's decision to release some of its cash reserves shows that Microsoft is no longer a "growth" company, but has matured into a company that must pay dividends. NPR's Wendy Kaufman reports.

Microsoft Stock Rises on News of $3 Dividend

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Business

Efforts Intensify to Rein In Freddie Mac, Fannie Mae

The Bush administration is increasing oversight of home-mortgage financial giants Fannie Mae and Freddie Mac, both of which are part public, part private corporations. The move comes amid cries from private financial firms that the two corporations have become too large. Hear NPR's Peter Overby.

Efforts Intensify to Rein In Freddie Mac, Fannie Mae

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The Color of Money: Saving Money at the Gas Pump

Gas prices are hovering close to $2 a gallon in many parts of the United States. Day to Day personal finance commentator Michelle Singletary shares tips on how to save at the pump. Singletary writes the syndicated column "The Color of Money" for The Washington Post and is author of the book 7 Money Mantras for a Richer Life.

The Color of Money: Saving Money at the Gas Pump

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Business

Riggs Bank and Martha Stewart

In Washington, the city's oldest and largest bank is under investigation for laundering the dirty money of dirty regimes. And in New York, the nation's most celebrated lifestyle authority is headed to five months in prison. NPR's Scott Simon reviews the week's business news with Joe Nocera, editorial director at Fortune magazine.

Riggs Bank and Martha Stewart

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