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Wary Consumers Help Keep Inflation Down (Jul-16, 07:53 EDT )-- Consumer prices fell for the third straight month, providing some bargains to American shoppers. The Consumer Price Index dipped 0.1 percent in June, amid lower prices for energy, food and airlines fares. Companies are wary of raising prices...
Hope And Disbelief As Gulf Gusher Cap Holds Steady (Jul-16, 05:46 EDT )-- The oil stopped flowing Thursday afternoon when the last of three valves in the 75-ton cap was slowly throttled shut. That set off a 48-hour watch period in which, so far, no more crude has leaked into the Gulf. But no one is declaring any sort of...
Goldman Settles With SEC Over Fraud Charges (Jul-16, 03:00 EDT )-- Goldman Sachs has agreed to pay $550 million to settle SEC charges that it defrauded investors. In 2007, Goldman worked with a hedge fund manager to set up an investment that allowed investors to bet on the housing boom. It didn't tell investors that...
An Armada Of Vessels Work In Gulf Spill Site (Jul-16, 03:00 EDT )-- The site of the Deepwater Horizon explosion in the Gulf of Mexico has been packed with boats and workers trying to stop the spill. The leak has been stopped at least temporarily. The Coast Guard Cutter Resolute is the area to provide support to...
New Cap Stops BP Gulf Oil Leak (Jul-16, 03:00 EDT )-- Tests are being conducted on a new cap that's been placed over the broken oil well in the Gulf of Mexico. Engineers want to make sure it can contain the geyser of crude. So far, no oil is spewing from the well. But a BP official is warning the flow of...
States To Reopen Appliance Rebate Program (Jul-16, 03:00 EDT )-- Months ago, many states said they would use federal stimulus money to help spur sales of appliances. They thought an offshoot of the popular "cash for clunkers" program would lead to a boom in sales. Instead, consumers chose not to claim millions of...
Teens, Older Workers Often Compete For Same Job (Jul-16, 03:00 EDT )-- For the first time since 1948, there are more people over 65 in the workforce than teenagers. Beaten down retirement portfolios and increased life expectancies mean more older people are working or looking for jobs. Our Planet Money team looks at what...
Gulf Coast Residents Relieved Leak Has Stopped (Jul-16, 03:00 EDT )-- In New Orleans, people have been watching closely for any hopeful signs that the well in the Gulf would stop gushing oil. At one oyster house, news that the leak has stopped, at least temporarily, was tempered after nearly three months of waiting. Many...
Wall Street Overhaul Bill Awaits Obama's Signature (Jul-16, 03:00 EDT )-- President Obama is expected to sign the financial overhaul bill next week. David Wessel, economics editor of The Wall Street Journal, talks to Mary Louise Kelly about the new financial regulations. The Senate passed the financial overhaul bill on...
GPS Yoda: Need Directions You Do (Jul-16, 03:00 EDT )-- Jedi master Yoda is the latest character whose voice can be downloaded into car navigation devices made by TomTom. New voices are being added by TomTom and its rival Garmin to attract consumers. More drivers are now downloading navigation software for...
Senate Passes Wall Street Overhaul Measure (Jul-16, 03:00 EDT )-- Banks and other financial institutions are facing a new set of rules. The Senate followed the House and approved sweeping legislation that gives the government new powers over consumer lending, derivatives trading and other aspects of the banking...
PR Headache: Apple To Deal With iPhone Backlash (Jul-16, 02:14 EDT )-- Apple plans to hold a new conference Friday to discuss the technical backlash over reception problems with the new iPhone 4. Earlier this week, Consumer Reports confirmed user reports that holding the iPhone 4 over a particular spot drastically reduces...
Oil Spill Capped for a Second Day, Offering Some Hope (Jul-16, 01:08 EDT )-- Live video on Friday morning showed no new oil spilling into the Gulf, an encouraging sign as BP continued a test of the pressure inside its well.
Stocks and Bonds: Shares Struggle on Weak Manufacturing Data (Jul-16, 01:00 EDT )-- Goldman Sachs and Google dominated after-hours news. Earlier, JPMorgan Chase reported strong results that failed to ease concerns that the recovery was uneven.
For Derivatives, Law Could Bring New Light (Jul-16, 00:56 EDT )-- It could take at least a year to begin determining whether new regulation will remove or contain derivatives risk.
Banks Already Learning to Live With New Rules (Jul-16, 00:56 EDT )-- With the final approval of financial regulatory reform, banks have moved quickly to turn the rules to their advantage by adding new fees and revamping their derivatives operations.
News Analysis: Obama Pushes an Agenda, Disregarding Polls That Disapprove (Jul-16, 00:56 EDT )-- The president’s successes in areas like financial reform pose a paradox. He is winning on Capitol Hill, but losing with voters.
Congress Passes Financial Oversight Reform (Jul-16, 00:56 EDT )-- The landmark legislation marks the end of an era of deregulation and will have uncertain implications.
When the Bride Takes a Bride (Jul-15, 23:14 EDT )-- More businesses, like the new Equally Wed magazine, are offering services aimed at gay couples marrying.
F.D.A. Panel Votes Against Obesity Drug Qnexa From Vivus (Jul-15, 22:21 EDT )-- The advisory committee to the Food and Drug Administration voted 10 to 6 that the safety concerns about Qnexa, from Vivus, overrode the potential benefits.
With Goldman Settlement, Blankfein Unscathed (Jul-15, 22:21 EDT )-- Goldman’s share price jumped on hopes that its chief and his bank had put one of the most embarrassing episodes in the bank’s recent history behind them.
Apple Not Expected to Recall iPhone 4 (Jul-15, 22:11 EDT )-- The company has scheduled a news conference for Friday to address the controversy.
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