Economy

China Takes Steps To Halt Plunge In Stock Markets

The main Shanghai stock index has dropped 30 percent since mid-June, triggering margin calls that have fueled further selling.

Weekend Edition Saturday

A Reopened Embassy In Havana Could Be A Boon For U.S. Businesses

When the U.S. reopens its embassy in Havana, it will increase its staff. That should mean more help for American businesses hoping to gain a foothold on the Communist island.

Greek Official: 'Grexit' Would Cost Europe A Trillion Euros

Finance Minister Yanis Varoufakis says there's as much at stake for the rest of Europe as for Greece itself should they fail to reach an acceptable bailout deal.

All Things Considered

Despite Offensive Comments, Donald Trump Polls Strong In New Hampshire

Real estate mogul and reality TV star Donald Trump is polling surprisingly well in New Hampshire. NPR unpacks Trump's appeal to the state's voters.

All Things Considered

Aetna To Buy Insurance Rival Humana For $37 Billion

The health insurance company Aetna announced Friday it will buy rival Humana for $37 billion. The merger comes as other health insurers consider consolidating to cut costs.

All Things Considered

Debt Crisis Puts The Squeeze On Greece's Banks

The country's banks could hardly be in a more precarious position. The European Central Bank has stopped lending Greece money and a referendum Sunday could spell the country's exit from the eurozone.

#NPRreads: The 'Grexit,' Video Games And Fleeing The Rwandan Genocide

Also this week, misconceptions about slavery. And, the struggle for gay Christians trying to keep the faith.

Parts Of Social-Sharing Site Reddit Go Dark In Apparent User Revolt

After the firing of a key figure at the website, moderators of many of Reddit's most popular sections have gone private in apparent protest.

Aetna Announces $37 Billion Merger With Health Insurance Rival Humana

If the deal passes antitrust scrutiny, it would be the largest such acquisition in the insurance industry. It's the latest sign of consolidation in health insurance in the wake of Obamacare.

Why The World Might Be Running Out Of Cocoa Farmers

West African cocoa farmers earn less than $1 a day. Those low wages could jeopardize the future of chocolate labor, as young farmers find better opportunities to earn a living, a new report warns.

With Massachusetts Officially In The Casino Game, Now What?

July 5, 2015
A view of Plainridge Park Casino, the state's lone slots parlor, which opened in June. (Jesse Costa/WBUR)

A snapshot of Massachusetts’ gambling landscape as gambling revenues from the state’s first slots parlor begins to flow in.

How China’s Stock Plunge Is (And Isn’t) Like The 2008 Financial Crisis

July 3, 2015
An investor walks past a share prices board at a security firm in Hangzhou, eastern China's Zhejiang province on June 30, 2015. (STR/AFP/Getty Images)

Some experts say it’s the inevitable bursting of the Chinese economic bubble, but officials in China suspect foreign manipulation.

Greece Faces Pivotal Choice In Sunday Referendum

July 3, 2015
Pro-Euro protesters take part in a rally in front of the Parliament on June 22. 2015 in Athens, Greece. Thousands of people attended the rally in support of Greece remaining in the European Union. Greek banks are closed for six days amid the uncertainty about the bailout deal. (Milos Bicanski/Getty Images)

Greek Prime Minister Alexis Tsipras is calling on voters to reject a proposed bailout when they head to the polls on Sunday.

U.S. Economy Adds 223,000 Jobs In June, But Wages Were Flat

July 2, 2015
A "now hiring'' sign is seen in a storefront window on July 5, 2012 in Miami Beach, Florida. (Joe Raedle/Getty Images)

Unemployment dropped to 5.3 percent, but while the overall report was positive, there were some cloudy signs.

Greece In Turmoil Ahead Of Sunday’s Vote

July 2, 2015
Pensioners line up outside a National Bank branch on July 2, 2015 in Athens, Greece. As people continue to queue outside banks Greek finance minister Yanis Varoufakis said that he will quit if voters don't back him up in Sunday's referendum. (Milos Bicanski/Getty Images)

As the anti-austerity prime minister urges Greeks to reject proposals made by creditors, we ask a gallery owner how she will vote.

U.S. Employers Add 223K Jobs; Jobless Rate Falls To 5.3 Percent

July 2, 2015

U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health.

Why One Greek Business Owner Is Voting Yes In Sunday’s Referendum

July 1, 2015
Greek Prime Minister Alexis Tsipras talks to the media as he leaves after he participated in a bilateral meeting with European Commission President Jean-Claude Juncker on the sidelines of the EU meetings in Brussels on Thursday, June 11, 2015. (Geert Vanden Wijngaert/AP)

As the prime minister urges Greeks to vote no in the referendum, restaurant owner Nikolalos Voglis explains why he will vote yes.

Puerto Rico’s Debt Crisis: Who’s To Blame And What Can Be Done?

July 1, 2015
The Puerto Rico Capitol is pictured in San Juan. (jbash/Flickr)

Anne Krueger, a former official with the World Bank and the International Monetary Fund, shares the findings of her new report.

Greek Prime Minister Offers New Bailout Concessions

July 1, 2015
Greek Prime Minister Alexis Tsipras answers journalists' questions after an EU summit at the EU headquarters in Brussels on June 26, 2015. The German chancellor urged Greece to accept an 'extraordinarily generous' offer from its EU-IMF creditors, which includes at least 12 billion euros ($13.4 billion) in further rescue cash over the next five months. (John Thys/AFP/Getty Images)

European officials are ruling out any deal before Sunday’s referendum on the bailout, called by Prime Minister Alexis Tsipras.

The Pope Is Right On Climate Change. As For His Economics …

July 1, 2015
Copies of Pope Francis' encyclical "Laudato Si," are displayed prior to the start of a press conference, at the Vatican, Thursday, June 18, 2015. Pope Francis called for a bold cultural revolution to correct what he calls the "structurally perverse" economic system of the rich exploiting the poor that is turning Earth into an "immense pile of filth."(Andrew Medichini/AP)

The encyclical scanted a key point: while market forces contribute to the problem, they are unavoidably a vital tool in fixing it.

Obama To Expand Overtime Pay For Millions

June 30, 2015
President Barack Obama speaks in the Rose Garden of the White House in Washington. The Obama administration will propose requiring overtime pay for workers who earn nearly $1,000 per week, three individuals familiar with the plan said Monday, June 29. (Pablo Martinez Monsivais/ AP Photo)

The Labor Department will expand overtime pay, in a move the administration estimates would impact 5 million U.S. workers.

Negotiators Scramble As Greek Debt Deadline Looms

June 30, 2015
A view of the National Bank of Greece's headquarters on June 3, 2015, in Athens, Greece. Greek Prime Minister Alexis Tsipras is expected to be presented with the international creditors' plan of tough economic reforms for Greece in order to unlock 7.2 billion Euros of rescue loans later today. (Milos Bicanski/Getty Images)

Greece could become the first developed country ever to default on a loan to the IMF. We look at what it would mean.

Some States Still Don’t Have Budgets

June 30, 2015
In this June 9, 2015 photo, members of the American Federation of State, County and Municipal Employees (AFSCME) protest in Chicago. More than 40,000 state workers’ contracts are set to expire at the end of the month, but no agreement is in sight between the various labor unions representing them. (Christian K. Lee/AP)

In Illinois, that means some state workers could go without pay and some state services could be disrupted.

Puerto Rico Says It Can’t Pay Its Debt

June 30, 2015
Flags fly in San Juan, Puerto Rico. (orbit62/Flickr)

The governor wants creditors to postpone bond payments and restructure the U.S. territory’s $72 billion in public debt.

$4.6B ‘Bid 2.0′ Unveiled By Boston 2024 Olympics Organizers

June 29, 2015
A rendering of the proposed Olympic Stadium, during the games (Boston 2024)

The group trying to bring the 2024 Olympics to Boston released the most detailed look yet at its bid for the Summer Games on Monday, unveiling a $4.6 billion plan it says would create jobs and housing, expand the tax base and leave behind an improved city with a $210 million surplus.

High Stakes When School Is Out: The Lifelong Inequality Borne Of The Summer Learning Gap

June 22, 2015
Arthur Pearson and Jennifer Davis: "Lack of access to summer learning is part of a year-round cycle that contributes to the achievement gap between kids from high- and low-income households." 
 (12th St David/flickr)

Lack of access to summer learning is part of a year-round cycle that contributes to the achievement gap between kids from high- and low-income households.

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