Economy

Obama Calls North Korean Hack 'Cybervandalism'

On CNN's State of the Union, the president expanded on earlier remarks he made criticizing a decision by Sony Pictures to pull distribution of The Interview.

All Things Considered

Renewed U.S.-Cuba Ties Could Mean Big Things For Cigar Market

As the U.S. opens up to Cuban exports, David Savona of Cigar Aficionado magazine tells NPR's Arun Rath how it will affect the market for Cuban cigars.

All Things Considered

While U.S. Focuses On Sony Hack, Some Of The World Is In The Dark

The controversy around The Interview is a top story in the U.S., but those in North Korea have no knowledge of the film. NPR's Arun Rath talks with Washington Post Tokyo bureau chief Anna Fifield.

All Things Considered

CEO Says Sony Pictures 'Did Not Capitulate,' Is Exploring Options

Melissa Block talks to Sony Pictures CEO Michael Lynton about the cyber attack against his company and the cancellation of the Christmas Day release of The Interview.

All Things Considered

Government Sells Last Major Stake In A Bank Post-Financial Crisis

The government has sold its stake in Ally Financial, the last major bank that was involved in the TARP bailout program.

All Things Considered

New Cuba Relationship Could Be A Boon For American Farmers

Two-thirds of the food Cubans eat is imported — but the reestablishment of ties with the U.S. could open opportunities for American farmers.

Apple Responds To BBC On Conditions At Asian iPhone Suppliers

Jeff Williams, the tech giant's vice president for operations, told British-based employees that Apple has done more than any other company to ensure fair and safe working conditions.

Instagram Is Now Valued At $35 Billion By Citigroup Analysts

Less than three years ago, Facebook purchased Instagram for $1 billion. The photo-sharing service is said to have more than 300 million users.

Obama Says Sony Should Not Have Pulled Film Over Threats

"That's not what America's about," the president said in a news conference, calling the cancellation of The Interview's release a "mistake." The FBI has accused North Korea of being behind the attack.

3 Business Best-Sellers Show Inequality Is Now The Hot Topic

Many business books try to help you get rich quick. But three of 2014's biggest sellers focused on unfairness and inequality. Economists say expect more: Books on inequality are riding a huge wave.

Massachusetts Adding $15M For Supportive Housing

December 20, 2014

Gov. Deval Patrick’s administration says it is directing $15 million toward the development of supportive housing for veterans, the homeless and some low-income families in the state.

Harvard Family, Work Survey Points To High Expectations, Disappointing Results For Women

December 19, 2014
Organizer Mary Dove, talks to a group of women at a "lean in" meeting in New York. The group is inspired by Facebook COO Sheryl Sandberg's book "Lean In." (Wix Lounge, Galo Delgado/AP)

When 7,000 business school alumni were asked how career priorities and child care were split between husbands and wives, their answers didn’t sound like progress.

What Christmas Does (Or Doesn’t Do) For the Economy

December 19, 2014
Target customers shop on Black Friday, Nov. 28, 2014, in South Portland, Maine. (Robert F. Bukaty/AP)

Is Christmas good for the economy? That’s the conventional thinking, but we examine the arguments from economists who say otherwise.

Putin Vows To Fix Russian Economy

December 18, 2014
Russian President Vladimir Putin speaks during his annual press conference in Moscow on December 18, 2014. (Kirill Kudryavtsev/AFP/Getty Images)

Russian President Vladimir Putin promised to ease the country’s economic woes by diversifying its heavy reliance on oil and gas.

Mass. Adds 13,500 Jobs In November; Unemployment Rate Down To 5.8 Percent

December 18, 2014

The strong Massachusetts jobs growth occurred in a month in which the U.S. added an estimated 321,000 jobs.

Worries Rise In Russia As Ruble Falls

December 17, 2014
A man holds a laptop in a mall in central Moscow on December 15, 2014. The slumping ruble has unleashed a spending spree as consumers snap up electronics, furniture and cars before prices soar. (Kirill Kudryavtsev/AFP/Getty Images)

The slumping ruble has unleashed a spending spree, as consumers snap up electronics, furniture and cars before prices soar.

Writer Anita Diamant Captures A First-Generation ‘Boston Girl’

December 16, 2014
Anita Diamant is author, most recently, of "The Boston Girl." (Andrew Whitacre/Flickr)

We talk to writer Anita Diamant about her new novel, “The Boston Girl,” which tells the story of Addie Baum, a first-generation American growing up in Boston’s North End.

Should Restaurant Tipping Be Banned?

December 16, 2014
A Friendly's waitress serves coffee to patrons in Brunswick, Maine in 2011. (AP)

What would happen if restaurants decided to ban tipping? Boston Globe columnist Tom Keane and Bob Luz give us their thoughts.

Barney Frank On Spending Bill Measure Rolling Back Key Dodd-Frank Provision

December 16, 2014
Rep. Barney Frank asks a question of Timothy Geithner as he testifies before the House Financial Services Committee, about the state of the international financial system, including regulatory issues relevant to the Dodd-Frank Act. (Alex Brandon/AP)

At issue is a rule that prevented federally insured banks from dealing in exotic and risky securities — the kind that blew up and played such a big role in the financial crisis.

Boston Presents Bid For 2024 Olympics In San Francisco

December 16, 2014
Boston Mayor Marty Walsh addresses an audience during an event held to generate public interest in a 2024 Olympics bid for the city of Boston. (Steven Senne/AP)

Tuesday afternoon, Boston Mayor Marty Walsh, Suffolk Construction CEO John Fish and other members of the Boston 2024 executive bid committee made a pitch for why Boston should host the 2024 Olympics. They spoke to the U.S. Olympic Committee in California.

Trouble For The Russian Ruble — And What It Means For The U.S.

December 16, 2014
A police officer goes through the gate of Russia's Central Bank building in Moscow, Russia, Tuesday, Dec. 16, 2014. The Russian ruble faced intense selling pressure Tuesday, falling at one point by a whopping 20 percent to a new historic low despite a massive pre-dawn interest rate hike from Russia’s Central Bank. (Pavel Golovkin/AP)

The fact the ruble is still falling after a dramatic move by Russia’s Central Bank has increased concerns about the Russian economy.

Week In Politics: All That's Left Is A Signature To Pass $1.1. Trillion Spending Bill

December 15, 2014
The Capitol Dome and the Capitol Christmas Tree are illuminated late Thursday evening as Congress works to pass a $1.1 trillion U.S. government-wide spending bill and avoid a government shutdown, in Washington, Thursday, Dec. 11, 2014. (J. Scott Applewhite/AP)

Busy weekend in the Senate chamber as legislators try to pass a trillion dollar government spending bill.

Congress Set To Ease Rules On Derivatives

December 12, 2014
JPMorgan Chase CEO Jamie Dimon. (AP)

JPMorgan Chase CEO Jamie Dimon personally called lawmakers to ask them to support the measure to loosen financial regulations.

Democrats Cave On Deeply Flawed Spending Bill

December 12, 2014
Elizabeth Warren, D-Mass., a member of the Senate Banking Committee, and Rep. Maxine Waters, D-Calif., left, ranking member of the House Financial Services Committee, express their outrage to reporters that a huge, $1.1 trillion spending bill, passed by the Republican-controlled House yesterday, contains changes to the 2010 Dodd-Frank law that regulates complex financial instruments known as derivatives. (J. Scott Applewhite/AP)

The 1,603-page spending bill, crafted behind closed doors and passed on December 11, 2014, will reverse what little progress Democrats have made regulating avaricious bankers and reining in billionaire political contributors.

Retail Sales Jump By Biggest Amount In 8 Months

December 11, 2014
Shoppers carry recent purchases through Herald Square on the morning of November 28, 2014 in New York City. The Friday after Thanksgiving, also known as Black Friday, traditionally marks the beginning of the holiday season. (Andrew Burton/Getty Images)

The seasonally adjusted 0.7 percent increase exceeded economists’ expectations and comes after some bleak Black Friday sales reports.

Beyond The Pump: What Falling Oil Prices Mean For U.S. Producers

December 10, 2014
International Air Transport Association (IATA) Chief Economist Brian Pearce speaks at the IATA global media day on December 10, 2014 in Geneva. Global airline association IATA on December 10 raised the sector's profit forecast to a record $19.9 billion for 2014 and $25 billion for 2015, as plunging oil prices drive down costs. (Fabrice Coffrini/AFP/Getty Images)

The plunging prices are good news for drivers, but beyond low gas prices, we look at what it means for U.S. oil producers and the economy.

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