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.
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 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 ...
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.
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.
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.
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.
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.
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.
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."