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NPR Topics: Economy

GM To Ask Bankruptcy Court For Lawsuit Protection

General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.

Sending Money On An Overseas Round Trip To Avoid Taxes

Some investors avoid paying taxes in a move called round-tripping — shifting money offshore, then investing it in U.S. stocks or bonds. A study estimates it costs the U.S. billions in lost revenues.

Oil Is Not All That's Booming In North Dakota — So Is Drug Trade

Local and federal authorities worry over a rise in North Dakota's drug trade. Sharon Cohen of the Associated Press explains the proposed solutions to the issue, which some tie to the recent oil boom.

Alabama Tax Program Grows Out Of A Grandfather's Lasting Legacy

In Alabama, Stephen Black is trying to get college graduates to stay in the state and make life better for Alabamans. His inspiration is his grandfather, the late Supreme Court Justice Hugo Black.

Late On Taxes? There's A Way Out

It's tax deadline day, but 75 percent of tax payers don't have to do anything by midnight tonight. That's according to Kevin McCormally of <em>Kiplinger's Personal Finance</em> magazine.

Social Security Chief: Women Live Longer, So They Should Save Early

For women, lower average career earnings translate into smaller Social Security payments. Acting Social Security Commissioner Carolyn Colvin says women shouldn't wait to start saving for retirement.

When The Wealthy Need Cash, Pawn Shops Can Be Appealing

The pawnbroker Borro has high-end customers, but it's not the only pawn shop that caters to the wealthy. Why are the rich turning to a type of credit usually associated with lower-income clients?

The Dangers Of Defaulting On Student Loans

Loans allow many students to attend college, but they also leave graduates with big debt. The Urban Institute's Sandy Baum explains how skipping a loan payment could be more trouble than it's worth.

Deficit Forecasts Shaved, But Likely Won't Shrink For Much Longer

While the Congressional Budget Office has lowered its shortfall projections for the next few years, it warns that deficits will start rising substantially again unless policymakers act.

A Gold Obsession Pays Dividends For Indian Women

Gold is not just about ornamentation in India. It's an insurance policy against bad economic times and bad marriages. Enterprising Indian women are using it to get loans to start small businesses.