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Business Story of the Day

Former Fed Chairman Ben Bernanke says the tax cuts proposed by President Trump could boost the budget deficit.

In His Post-Fed Life, Bernanke Talks Taxes, Trump And Partisan Perceptions

May 01, 2017
Former Federal Reserve Chairman Ben Bernanke discusses the contradictory partisan divide in people's views of the economy, the economy's health and the problem of those left behind by economic change.
A young girl holds a sign with the words "1.2 Million Unemployed" during an anti-austerity protest in Lisbon on May 12, 2012.

Portugal Basks In Post-Bailout Economic Revival

Apr 26, 2017
Portugal's economy has rebounded dramatically since its European Union bailout in 2011. Wages are up and unemployment down. What's surprising is that this happened only as austerity was canceled.

Wells Fargo Fake Bank Accounts Scandal Haunts Shareholder Elections

Apr 25, 2017
On Tuesday, Wells Fargo shareholders will vote on whether to fire the vast majority of the bank's board members. That would be an extremely rare event in corporate America.
A statue of former Treasury Secretary Albert Gallatin stands guard outside the Treasury Building in Washington. Trump's campaign plans for a total overhaul of the U.S. tax code — while maintaining the revenues flowing into the federal government — ma

Some Tax-Cut Backers Urge Trump To Drop Full Overhaul, Go For Quick Win

Apr 20, 2017

Nearly 100 days into Trump's presidency, there are still big questions about what his proposed tax overhaul will include — and whether the large changes he had envisioned are even possible.

Children play on a swing set at the Trinity Lutheran Child Learning Center playground in Columbia, Mo.

Playground Case Could Breach Barrier Between Tax Coffers, Religious Schools

Apr 19, 2017
The Supreme Court hears arguments today on whether Missouri should provide a grant to a church preschool, or if that violates the state's constitution. The state's new governor has abandoned the rule.
Sears called this Arts and Crafts-style bungalow "The Osborne." Buyers of kit homes could choose brick, stucco, cedar shingle or clapboard for the exterior but would have to buy brick locally.

Its Survival In Doubt, Sears Struggles To Transform Once Again

Apr 18, 2017
More than a century ago, Sears was the Amazon of its time — a dominant name in retail. Sears has been in a long and painful decline, but executives say they have a plan to turn the company around.
Jinny Meade, 73, was an Encore fellow at a health center in Oregon a couple of years ago. Now she's a permanent part-time employee.

At Intel, A Retirement Perk That Can Kick Off A New Career As A Paid Fellow

Apr 17, 2017
The tech company pays retirement-age employees a stipend to transition to jobs with mission-driven nonprofits. And for some, the fellowship can turn into a second act.
Former construction worker Alex Perry has found his calling as a cat groomer.

'Brave New Workers': Ex-Construction Worker Builds A New Life Grooming Cats

Apr 16, 2017
"Brave New Workers" tells stories of Americans adapting to a changing economy. This week: a former contractor who lost his business when the housing bubble burst found a new livelihood grooming cats.
All Tech Considered

Has Apple Lost Its Innovation Mojo?

Apr 10, 2017
Apple was once considered the most innovative company in the tech sector. But by some accounts, it's being shown up by products from Amazon, Microsoft and now Samsung.
The Two-Way
A patrol officer in West Valley City, Utah, starts a body camera recording by pressing a button on his chest in March 2015. The West Valley City Police Department issued 190 Axon Flex body cameras for all its sworn officers to wear.

Taser Changes Its Name To Axon And Offers Free Body Cameras For Police

Apr 07, 2017
Axon, which is the name of the company's line of body cameras, says it will send law enforcement agencies one body camera per sworn officer to use for a year.
All Tech Considered
AOL CEO Tim Armstrong will take the same position at the head of Verizon's Oath.

Yahoo And AOL Move In Together Under 'Oath,' Verizon's New Digital Arm

Apr 05, 2017
The digital content mashup of Internet oldsters will be led by Tim Armstrong, AOL's CEO. Though the Yahoo deal was widely panned, it gives Verizon a vast subscriber base appealing to advertisers.
This Jan. 28, 2016 file photo shows a solitary confinement cell at New York City's Riker's Island jail. On March 31, 2016, a federal judge approved a sweeping plan to reduce solitary confinement in New York state prisons.

New York's Solitary Confinement Overhaul Gets Pushback From Union

Apr 04, 2017
Several states across the U.S. are curbing their use of solitary confinements in prison. But in New York, corrections officers say it's a necessary tool to keep the guards and prisons safe.
All Tech Considered
This March 24 photo provided by the Tempe, Ariz., Police Department shows an Uber self-driving SUV that flipped onto its side in a collision.

Self-Driving Cars Raise Questions About Who Carries Insurance

Apr 03, 2017
Currently, insurance rates are calculated based on drivers' claims histories and driving records. Driverless cars are expected to shift the liability toward carmakers. But it won't happen all at once.
Firearms salesman Nathan Williams at the Outdoorsman gun shop in Santa Fe, N.M., on Jan. 5. Since Donald Trump's election, background checks have fallen three straight months from year-ago levels.

'Democrats Are Good For Gun Sales': Guess What Happened After Trump's Election

Mar 31, 2017
Donald Trump won the backing of the NRA and many gun owners by opposing limits to the Second Amendment's right to bear arms, but his election hasn't been good for the gun business.
All Tech Considered
Ariana Huffington speaks on stage during a conference in 2016 in New York City. She's taking a bigger role at Uber.

Can Arianna Huffington Save Uber?

Mar 24, 2017
While Uber wades through crisis after crisis, media mogul Arianna Huffington, the sole woman on its board, is emerging as chief of culture change.
A Trump rally in held in New York City on March 4. The issue of conflicts of interest doesn't seem to be registering much among President Trump's supporters.

Among Trump Supporters, Conflicts Of Interest Aren't A Top Concern

Mar 21, 2017
President Trump's decision to hold onto his many businesses while in office has generated criticism from ethics experts. But among his supporters, the issue doesn't seem to be registering much so far.
Your Money
The United Airlines website displays the new "basic economy" fares for flights from Chicago to Minneapolis-St. Paul.

New 'Basic Economy' Airfares May Not Be As Cheap As You Think

Mar 20, 2017
All three of the biggest U.S. airlines now offer no-frills, discounted fares called "basic economy." Now there's evidence that it's not any cheaper, but is a way to raise standard economy fares.
Around the Nation
Martin County relies on a water treatment plant that was built in 1968.

Kentucky Community Hopes Trump Infrastructure Plan Will Fix Water System

Mar 13, 2017
In Martin County, the drinking water comes from a river contaminated by sewage and years of coal and gas extraction. Residents hope a new federal focus on infrastructure will help them fix the system.
All Tech Considered
Steve Reed uses OhmConnect, a service that pays customers to lower their energy use at home during periods of high demand.

Energy Savings Can Be Fun, But No Need To Turn Off All The Lights

Mar 07, 2017
From counting steps to hours of sleep, many people are tracking aspects of their lives. Now one company is merging energy saving with the interest in quantifying — making lowering electricity a game.
Security personnel look on during the Feb. 28 ceremony opening the Vancouver Trump International Tower and Hotel.

These Days, Business Travel By Trump's Sons Is Costly And Complicated

Mar 06, 2017
With the Trump family "so involved in international business, the logistical issues, costs and security risks are more substantial than we're used to seeing," says an expert in presidential travel.
Shots - Health News
The system of medical clinics Dr. David Molina (left) founded in Long Beach, Calif., in 1980 grew to become an insurance network that now stretches across 12 states and Puerto Rico.

This CEO's Small Insurance Firm Mostly Turned A Profit Under Obamacare. Here's How

Feb 28, 2017
The health law just needs a tuneup, says the CEO of Molina Healthcare, which operates in 12 states and Puerto Rico. The California-based insurer has seen profits, while Humana and Aetna struggled.
All Tech Considered
SecureDrop, created by the Freedom of the Press Foundation, was designed for newsrooms to accept anonymous tips.

How The Media Are Using Encryption Tools To Collect Anonymous Tips

Feb 27, 2017
Technology has made for more ways to leak scoops to the press than ever before. And newsrooms across the country are taking advantage of that.
While Presidents Day is a time to think of America's commanders-in-chief, it is also a time when many stores have mattress sales.

Mattress No Longer Delegated To Bottom Of Shopping List

Feb 20, 2017
While a new mattress was often a purchase put off as long as possible, consumers today are replacing their mattresses more often.
All Tech Considered
Pilot models of self-driving cars for Uber are displayed in Pittsburgh. Autonomous vehicles are expected to cut traffic jams, but not before enough human drivers are off the road.

Self-Driving Cars Could Ease Our Commutes, But That'll Take A While

Feb 10, 2017
One of the promises of autonomous vehicles is that they'll reduce traffic jams. Self-driving cars will bring many changes, but traffic flows won't improve until enough human drivers are off the roads.
People line up to withdraw money from an ATM in Allahabad on Dec. 9. The government's removal of 500- and 1,000-rupee notes from circulation triggered a severe cash shortage.

What Can India Teach Us About Abolishing High-Value Currency?

Feb 09, 2017
The idea of eliminating big bank notes is gaining traction in advanced economies, as governments look for ways to disrupt $2 trillion in illegal money flowing through the global economy every year.