Business & Education

The Kennedy Assassination, 50 Years Later
3:36 pm
Thu November 14, 2013

JFK's Lasting Economic Legacy: Lower Tax Rates

Originally published on Wed November 20, 2013 3:00 pm

As the young U.S. senator takes the oath to become president, he sets out to fix an economy struggling with rising unemployment, slumping profits and depressed stock prices.

He knows the deep recession could prevent him from advancing his broader domestic and diplomatic agenda. Yes — all true for President Obama.

But that's what John F. Kennedy faced as well. On his frosty Inauguration Day in January 1961, Kennedy had to start fulfilling his campaign pledge to "get America moving again." Like Obama, he would need to win over a deeply skeptical business community.

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The Two-Way
12:50 pm
Thu November 14, 2013

Federal Reserve Nominee Yellen Navigates Confirmation Hearing

Janet Yellen, President Obama's nominee to become the next chairman of the Federal Reserve Board, is sworn in Thursday on Capitol Hill for her confirmation hearing.
Jacquelyn Martin AP

Originally published on Thu November 14, 2013 4:58 pm

Janet Yellen cleared a key hurdle Thursday, as her confirmation hearing to become the next chair of the Federal Reserve went smoothly. There were only a few snags in roughly two hours of questions and discussions between Yellen and members of the Senate banking committee.

Many of the senators lauded Yellen's extensive experience, as well as her adherence to views they heard her discuss in private meetings on Capitol Hill in recent weeks.

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The Two-Way
9:23 am
Thu November 14, 2013

JPMorgan's Payments To China's Elite Being Probed: Report

Wen Jiabao, when he was China's premier, at a banquet in 2010.
Barbara Walton/pool AFP/Getty Images

The Securities and Exchange Commission and the U.S. attorney's office in Brooklyn, N.Y., are looking into $1.8 million that JPMorgan Chase paid to a two-person firm in China from 2006 to 2008, The New York Times reports.

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The Two-Way
8:07 am
Thu November 14, 2013

Yellen To Say Economy Needs Support, New Data Seem To Agree

Originally published on Thu November 14, 2013 9:28 am

As Federal Reserve Vice Chairman Janet Yellen prepares to tell the Senate Banking Committee that she supports continuing the central bank's policy of buying billions of dollars' worth of bonds to boost the economy, there's fresh evidence that the relatively slow economic recovery continues to be ... relatively slow.

The Employment and Training Administration said Thursday that there were 339,000 first-time claims for jobless benefits filed last week, down by just 2,000 from the week before.

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Politics
5:53 am
Thu November 14, 2013

Rep. Waxman Weighs In On Affordable Care Act Problems

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Let's hear next from a defender of Obamacare, the Affordable Care Act. Democratic Congressman Henry Waxman of California is on the line. Congressman, welcome back to the program.

REPRESENTATIVE HENRY WAXMAN: Thank you. Pleased to be with you.

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Politics
5:46 am
Thu November 14, 2013

Senate Panel To Hear From Fed Chief Nominee Janet Yellen

Originally published on Thu November 14, 2013 5:53 am

The first woman to be nominated to head the Federal Reserve takes the witness chair on Capitol Hill Thursday morning for her confirmation hearing. Janet Yellen's challenge will be to reassure her Democratic supporters that she's focused on job creation, while convincing at least a few Republicans that she'll keep inflation in check.

Business
5:46 am
Thu November 14, 2013

How Best To Manage Workplace Bullying

Originally published on Thu November 14, 2013 5:53 am

Transcript

RENEE MONTAGNE, HOST:

Allegations that Miami Dolphins players harassed one of their own teammates got us thinking about other subtle forms of intimidation that can happen in the workplace. One out of every three people report being bullied on the job. That's according to a survey done by the Workplace Bullying Institute. Its director, Gary Namie, spoke to NPR's Linda Wertheimer. He told her bullying happens across income levels but that it's more likely to occur in particular professions.

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Business
4:55 am
Thu November 14, 2013

Fracking Boom Gives U.S. Geopolitical Leverage

Originally published on Thu November 14, 2013 6:19 am

Transcript

RENEE MONTAGNE, HOST:

American oil production has grown so much that it may affect American global strategic thinking. The technology known as fracking has allowed a flood of previously inaccessible oil.

STEVE INSKEEP, HOST:

It has also prompted a flood of questions about polluting ground water and other environmental effects. But fracking has given the global oil market a fresh source of supplies.

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Health Care
4:53 am
Thu November 14, 2013

Health Care Registration Numbers Are Revealed

Originally published on Thu November 14, 2013 5:53 am

The Obama administration says just about 100,000 people managed to choose health plans through the federal and state health exchanges during their first month of the program. Critics say that shows the law is failing. But most analysts say the first month's numbers wouldn't have meant very much, even if the federal website had been working properly.

Business
4:50 am
Thu November 14, 2013

U.S. Oil Production Surpasses Foreign Imports

Originally published on Thu November 14, 2013 5:53 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with an American energy boom.

(SOUNDBITE OF MUSIC)

MONTAGNE: Yesterday, White House spokesman Jay Carney made this announcement.

JAY CARNEY: In October, for the first time in nearly two decades, domestic oil production - which is at a 24 year high, surpassed foreign oil imports.

MONTAGNE: As NPR's Wendy Kaufman reports, The U.S. is producing more crude oil at home than it imports, the U.S. is still a long way from energy independence, but the trend is decidedly positive.

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Business
4:45 am
Thu November 14, 2013

Will Bitcoin Ever Rival U.S. Dollar?

Originally published on Thu November 14, 2013 6:15 am

Bitcoin is an online currency backed by nothing except faith that others will accept it. A young American couple wondered how far could they could push it. The Wall Street Journal reports the couple traveled to three continents, and managed to persuade merchants everywhere to accept the currency. Almost everywhere — they did go hungry for a night in Stockholm.

All Tech Considered
2:08 am
Thu November 14, 2013

How The Sharing Economy Is Changing The Places We Work

Co-workers at Denver's Galvanize, a tech hub in Colorado's capital.
Elise Hu NPR

Originally published on Tue December 17, 2013 1:43 pm

This week, we've been reporting on the sharing economy — a term that describes the couch-surfing, car-sharing and community-garden-growing world where so many people are using their existing talents, space or tools.

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All Tech Considered
4:34 pm
Wed November 13, 2013

The Tech Stats We Now Know About HealthCare.gov

Todd Park, the U.S. chief technology officer, testifies before the House oversight committee about problems implementing the health care program.
J. Scott Applewhite AP

Originally published on Wed November 13, 2013 7:01 pm

The big numbers out today are the administration's counts of how many people actually enrolled in health exchanges between Oct. 1 and Nov. 2. More than 106,000 Americans selected health plans in the first month, the government said.

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Parallels
4:07 pm
Wed November 13, 2013

Americans Might Soon Get To Buy Mexican Beachfront, Border Land

Rosarito, Mexico, near the U.S. border in the Mexican state of Baja California, is home to thousands of Americans who live there full or part time, many in properties with long-term leases. A proposed change to Mexican law would allow foreigners outright ownership of Mexican beachfront properties.
Guillermo Arias AP

Originally published on Wed November 13, 2013 7:01 pm

For the first time in nearly a century, Mexico is considering letting foreigners own land outright along the coast and near international borders. Right now, only Mexicans can hold the title to land in the so-called restricted zone. The president and many lawmakers want to relax the ownership laws in hopes of spurring a wave of foreign investment in the country.

But others are crying foul and reviving nationalistic fears of foreign invasion and domination that incited enactment of the law so many years ago.

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Health Care
4:07 pm
Wed November 13, 2013

The Health Care Numbers Are Out, And They're Disappointing

Originally published on Thu November 14, 2013 10:46 am

The Obama administration released its much anticipated enrollment numbers for the first month of the troubled HealthCare.gov website Wednesday. And as predicted, the numbers were disappointing.

Just over 100,000 people managed to navigate the process and choose a health plan between Oct. 1 and Nov. 2 — 106,185 people, to be precise.

But barely a quarter of those, 26,794, enrolled through the federal website that's signing up people in 36 of the states. The rest enrolled through state marketplaces.

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