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NPR Topics: Economy

Puerto Rico Headed For Default As Congress Tackles Relief Plan

The U.S. territory is expected to default May 1 on a debt payment of nearly half a billion dollars. Scott Simon examines the impact of a default with Wall Street Journal correspondent Nick Timiraos.

How Managing Money Creates Huge Profits For The Federal Reserve

The government is getting $100 billion this year, essentially from nowhere. It is the profit made by the Federal Reserve. The Fed is in charge of managing how many dollars are in the economy. It tu...

Apple's Lousy Week Could Signal Times Of Trouble For Tech Giant

Apple got hit with a lot of bad news this week. First, the company posted its first quarterly revenue drop since 2003. And then billionaire activist investor Carl Icahn revealed that he has dumped ...

Code Switch And Hidden Brain Teamed Up For An #AirbnbWhileBlack Twitter Chat

On Friday, Code Switch's Gene Demby and Hidden Brain's Shankar Vedantam led a Twitter chat to discuss what it's like to be a person of color participating in the sharing economy.

U.S. Steel Says China Is Using Cyber Stealth To Steal Its Secrets

The steelmaker is asking a U.S. agency to investigate its claims that the Chinese government not only dumps steel at unfair prices, but also uses computer hackers to steal intellectual property.

Comcast Buys DreamWorks Animation For $3.8 Billion In Race Against Disney

Cable industry analyst Craig Moffett says this move puts Comcast in closer competition with Disney — not necessarily on the big screen, but on television and among other comcast-owned franchises.

To Lure Patients, Pennsylvania Hospital Refunds Unhappy Customers

As patients increasingly have more choice in hospitals, hospitals look to stand out. Geisinger Health is taking cue from retail and refunding unsatisfied customers. Experts say that's smart business.

Economists Say Trade Is Good, As Long Resources Are Refocused On Workers

As opposed to renegotiating trade deals, some economists argue a better approach would be to support those who've lost jobs. The U.S. has underfunded employment programs, compared to other economies.

Florida Gov. Scott Tries To Attract Businesses To The Sunshine State

Gov. Rick Scott heads to California next week for a second trade mission to try to encourage businesses there to relocate. Other states he's visited: New York, Connecticut, Kentucky and Pennsylvania.

Chinese Investors Reeling After Wealth Management Firm's Collapse

The $5 billion Shanghai company was the third financial firm to collapse in China since December. "Every time I take a bite of food," says an investor who lost everything, "I feel I am wasting money."