NPR Business

Business
4:29 am
Fri May 3, 2013

Business News

Originally published on Fri May 3, 2013 12:14 pm

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

NPR's business news begins with sky-high airline fees.

First United did it, then U.S. Airways followed suit, and now Delta and American say they too are raising the fee for changing a domestic flight reservation to 200 bucks - that is up from 150.

Politics
4:29 am
Fri May 3, 2013

Political Battle Over Health Law Starts Next Chapter

Originally published on Fri May 3, 2013 12:14 pm

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION from NPR News. I'm David Greene.

It's one of the basic lessons in school - how a bill becomes a law - sounds so finite. Of course the part they don't always teach is how the political debate over a law can just keep going. The Affordable Care Act, or Obamacare, is now the law of the land. The Supreme Court ruled it constitutional.

But as NPR national political correspondent Mara Liasson reports, the fight of the law will likely just intensify ahead of the next elections.

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Economy
4:29 am
Fri May 3, 2013

Economists Predict April's Jobless Rate Will Remain Steady

Originally published on Fri May 3, 2013 12:14 pm

The Labor Department's monthly employment report is issued Friday morning. Economists are predicting that more than 100,000 jobs were added last month, but not enough to change the jobless rate of 7.6 percent.

Business
4:29 am
Fri May 3, 2013

Post-Bankruptcy, Kodak Will Be Commercial Printing Business

Originally published on Fri May 3, 2013 12:14 pm

Transcript

DAVID GREENE, HOST:

Kodak expects to emerge from bankruptcy this year as a new company with a new focus. The one-time photo giant finds itself operating in a more competitive and diversified market.

From member station WXXI in Rochester, New York Kate O'Connell reports.

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Business
4:29 am
Fri May 3, 2013

The Last Word In Business

Originally published on Fri May 3, 2013 12:14 pm

Within an hour of signing up Thursday, the 82-year-old Berkshire Hathaway CEO had more than 50,000 followers. His first tweet read: "Warren is in the house."

Politics
4:29 am
Fri May 3, 2013

Congress, Staffers Caught Up In Health Act's Sticky Political Situation

Originally published on Fri May 3, 2013 12:14 pm

Transcript

DAVID GREENE, HOST:

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Latin America
4:29 am
Fri May 3, 2013

Obama Encourages U.S., Mexico To Focus On Economic Relationship

Originally published on Fri May 3, 2013 12:14 pm

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene. President Obama says it is time to focus on the strong economic relationship between the United States and Mexico and not get bogged down on more contentious issues like cooperation on the war on the drugs.

Obama made his comments yesterday as he began a two-day visit to Mexico. He flies on to Costa Rica later today. NPR's Carrie Kahn reports.

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Your Money
3:22 am
Fri May 3, 2013

John Bogle's Latest Advice: A 'Gatekeeper' For Your Nest Egg

John Bogle, founder of The Vanguard Group and president of the Bogle Financial Markets Research Center, says the government should set standards to protect Americans' retirement savings.
Mark Lennihan AP

Originally published on Fri May 3, 2013 12:14 pm

Mutual funds, which have topped $13 trillion, are the way many Americans interact with the financial markets. You may have come across mutual funds when you set up an individual retirement account or a company-sponsored retirement account like a 401(k).

A "basket" of stocks, bonds or both, mutual funds are seen as safer to own than individual stocks. Having many in one basket spreads the risk, especially over time. But high fees, lack of diversification, or a focus on short-term gains can put your nest egg at risk.

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Planet Money
5:47 pm
Thu May 2, 2013

Millions Of Americans Are Leaving The Workforce. Why?

Alyson Hurt National Public Radio

Originally published on Fri May 3, 2013 8:02 am

Earlier this year, the percentage of Americans who are working or looking for work fell to its lowest level since 1979.

The figure (wonks call it labor force participation rate) rose for decades, as more women entered the workforce. It started falling over a decade ago. And the decline is now being driven by a bunch of different factors — some of which are scary and recessiony, and some of which are not.

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Economy
5:24 pm
Thu May 2, 2013

Housing Recovery Lifts Other Sectors, Too

Chevy trucks line the lot of a dealer in Murrysville, Pa. Sales were up by double digits at Chrysler, General Motors and Ford last month.
Gene J. Puskar AP

Originally published on Thu May 2, 2013 6:00 pm

The government's employment report for April comes out Friday. It's an important measure of the economy's health and the advance signals have been mixed. One report this week showed layoffs falling to a five-year low, but another suggests disappointing jobs creation.

At least one sector is providing some positive news for the job market: housing.

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