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NPR Topics: Economy

Why Peer Pressure Doesn't Add Up To Retirement Savings

People often do what their neighbors do. A firm decided to get more people to sign up for retirement plans by telling employees how many of their coworkers had signed up. What happened next?

Kazakhstan Promises 'Real Winter Wonderland' In Bid To Host 2022 Games

The International Olympic Committee will decide Friday whether to accept the bid by Kazakhstan's largest city, Almaty, to stage the 2022 Winter Games, or instead offer it to rival contender Beijing.

Shell Announces Plans To Eliminate 6,500 Jobs

Royal Dutch Shell has announced plans to eliminate 6,500 jobs as slumping oil prices force the industry to make adjustments. Shell's profits fell by more than 30 percent in the second quarter.

Despite Rising Costs, China Is Gung-Ho To Host 2022 Winter Olympics

Either China or Kazakhstan will be chosen on Friday as host of the 2022 Winter Olympics. European nations have been scared off by the cost of hosting the event, but China has the ambition and the m...

Obama Orders Development Of Supercomputer To Rival China's 'Milky Way'

It is hoped that the new supercomputer, expected to go online by 2025, would be the first "exascale" machine — some 20 times faster than today's fastest machine, called Tianhe-2 (Milky Way-2).

From The Silents To Millennials, Debt Burdens Span The Generations

The silent generation is still paying off mortgages, and baby boomers aren't done with student loans. A new study by Pew Charitable Trusts also shows fewer millennials are taking on mortgages.

Nobel Prize Winner Thinks No One Should Ever Retire

Muhammad Yunus — honored for loaning millions to poor women — just turned 75. And he's thrilled to keep on working: "The word 'retirement' is very harmful."

During Pool Season, Even Lifeguard Numbers Are Taking A Dive

This summer, even the most crowded pools are struggling to hire enough lifeguards, and are cutting hours as a result. In a rebounding economy, teens are opting for higher-paying jobs or no job at all.

Drawing A Line From The Chinese Stock Market To Your Wallet

U.S. commodities — copper, corn, coal and more — are cheaper because of China's economic cooling. Producers got caught up in China's "teaser" demand for more of everything. It couldn't last.

China's Stock Market Unnerves Investors With Another Nosedive

China's stock market continues to fall on the heels of a big drop in June. Steve Inskeep talks to Patrick Chovanec, chief strategist with Silvercrest Asset Management, about China's stock market woes.