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NPR Topics: Business
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Find the latest business news with reports on Wall Street, interest rates, banking, companies, and U.S. and world financial markets. Subscribe to the Business Story of the Day podcast.
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Bankruptcy Filings Jump, Most For Individuals
Renee Montagne has this morning's Business News.
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Fannie Mae Shuffles Top Executives
The mortgage finance giant Fannie Mae announced a management shakeup after the markets closed Wednesday. CEO Daniel Mudd will keep his job, but the company is replacing its chief financial officer and chief risk officer.
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Bracing For A Second Wave Of Home Foreclosures
There is growing concern that the home foreclosure crisis may worsen next year as lenders are hit by a new category of loans that haven't caused much trouble. Bank analysts say they expect delinquency rates on so-called "option arms" to continue rising, and those loans could cause as much trouble as subprime loans did.
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Real Estate Agents Cater To Bicycle Commuters
Steve Inskeep has this morning's Last Word in Business News.
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Newspapers' Woes Hit Journalists' Training Ground
As newspapers across the country struggle financially, one with a rich history of training the next generation of journalists is no exception. For a century, students at the University of Missouri's journalism school have learned the craft by working at the Columbia Missourian. But now that paper's troubles could lead to big changes and take away a training ground for student journalists. Sara Wittmeyer reports from member station KBIA.
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The McEnroe Rule: Less Punditry Is More
Sportscaster John McEnroe, who as a tennis champ was known for his temper tantrums, has declared that in covering a great match, sometimes the key is to withhold comment till things play out. If only his brethren in the cable news world followed suit more often in covering politics.
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'Marketplace' Report: Broke Banks
The number of shaky U.S. banks is at the highest level in about five years and bank profits plunged by 86 percent in the second quarter according to the Federal Deposit Insurance Corporation. Madeleine Brand talks to Marketplace's Bob Moon about how to keep your money safe.
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A Battle To Be The Biggest Stadium
For decades, University of Michigan's football stadium, known as "The Big House," has had the largest capacity of any venue in the country. An accessibility lawsuit is reducing its capacity, leaving the title to Penn State's Beaver Stadium. So Michigan is spending $226 million on improvements to include more seats.
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Barbie's Maker Wins $100 M In Bratz Lawsuit
A federal jury awarded $100 million to Mattel, maker of Barbie dolls, after a long-running legal battle with a smaller toy company, MGA, that sells Barbie's competitor. Mattel says the Bratz dolls' designer conceived the idea while on Mattel's payroll, meaning Bratz and their earnings should belong to Mattel. Mattel had sought nearly $2 billion.
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Poverty Rate Reflects Stalled Economy, Experts Say
The U.S. Census Bureau reports real median household income rose slightly last year, and the official poverty rate stayed roughly the same as in the previous survey. The share of people without health insurance dropped slightly, as well. Some budget experts say the numbers demonstrate that the economy has stopped expanding.
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'One Laptop' Falls Short Of Education Goals
One Laptop Per Child was an ambitious promise to children in the third world. The project has had trouble with its leadership, finances and competitors. Instead of the legacy of education for third-world children, the One Laptop Per Child program has spurred an industry in low-cost laptops for consumers.
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Computer With Bank Customers' Info Sold On eBay
A British man bought a computer on eBay for $65, and when he turned it on, he found the names, addresses, credit card numbers, account numbers, mother's maiden names, even signatures for a million customers of big financial institutions.
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'Marketplace' Report: Numbers To Play With
The poverty rate is holding steady and the number of uninsured has dropped, according to the Census Bureau's annual snapshot of American economic well-being. The data does not take into account the consequences of the economic downturn that began late last year, however.
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Why Auto Lenders Want To Call It Quits
Many auto lenders are pulling back incentives to lease vehicles. Consumers don't want to lease trucks and SUVs anymore and the credit crunch isn't helping. Avoiding leasing is actually a good thing, says our personal finance expert.
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Tale Of The TiVo: MSNBC, Fox News Worlds Apart
A look at one key hour of cable news coverage of the Democratic convention Monday night reveals less shouting from liberal-leaning MSNBC's Keith Olbermann and company, who soft-pedaled conflict among Democrats. Over at Fox News, Bill O'Reilly remained a full-force conservative Factor.
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