Economy & Business

Politics
3:12 am
Mon September 16, 2013

Summers Pulls His Name From Consideration For Fed Chief

Originally published on Mon September 16, 2013 6:09 am

Former Treasury Secretary Larry Summers has withdrawn from consideration as the next chairman of the Federal Reserve. He cited a potentially divisive nomination hearing. Summers was widely thought to be President Obama's top choice to replace Ben Bernanke next year.

Business
3:12 am
Mon September 16, 2013

Chili's To Install Table-Top Computers Screens

Originally published on Mon September 16, 2013 6:09 am

Chili's Grill & Bar is leading the way in digital dining. The restaurant chain is installing table-top computer screens to allow customers to place orders and swipe their credit card, according to The Wall Street Journal.

All Tech Considered
2:35 am
Mon September 16, 2013

Dear Apple: Good Luck Against The Smartphone Black Market

Apple's fingerprint technology is an effort to combat smartphone theft.
Ng Han Guan AP

Originally published on Mon September 16, 2013 1:09 pm

Last week, Apple introduced two new iPhones with new features, including fingerprint recognition on one model, and extra password protections. But the new technology is up against a sophisticated black market that has had years to grow and adapt to meet the world's desire for smartphones.

To call smartphone-related crime an epidemic is not an exaggeration. By one estimate, more than 4,000 phones are stolen every day in the United States.

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The Two-Way
7:25 pm
Sun September 15, 2013

White House Takes Stock Of Financial Crisis Five Years Later

Originally published on Mon September 16, 2013 1:20 pm

Five years ago this week, Lehman Brothers collapsed, and America's financial crisis began. On Monday morning, President Obama will mark the anniversary with a speech in the White House Rose Garden. The White House released a new report ahead of the address, assessing how the government's efforts to stabilize the economy turned out.

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The Two-Way
4:30 pm
Sun September 15, 2013

Summers Pulls Out Of Running To Be Federal Reserve Chief

Citing what he calls an "acrimonious" confirmation process, Lawrence Summers called President Obama to tell him of his decision not to seek the job of Federal Reserve Chairman Sunday.
AFP AFP/Getty Images

Originally published on Mon September 16, 2013 10:01 am

Larry Summers has removed his name from the running to be the next chairman of the Federal Reserve. The former Treasury secretary informed President Obama of his decision in a phone call Sunday. The withdrawal was first reported by The Wall Street Journal.

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Code Switch
3:26 pm
Sun September 15, 2013

Who's Really Left Out Of The CrossFit Circle

CrossFitters exercise at a gym in Travis, N.Y. A blog posted to CrossFit's Facebook page has opened up a discussion about diversity in the CrossFit community.
Anthony DePrimo Staten Island Advance /Landov

Last week, the headquarters for CrossFit, the popular — and polarizing — workout genre, shared an item on its Facebook page from a blog called Stuff Black People Don't Like.

And according to an entry from February on the Stuff Black People Don't Like blog, CrossFit is anti-black:

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All Tech Considered
1:28 pm
Sat September 14, 2013

Will New iPhone Colors Create A Hierarchy Among Users?

The new iPhone 5c is displayed during an Apple product announcement Tuesday in Cupertino, Calif.
Justin Sullivan Getty Images

After Apple's announcement this week, choosing which iPhone to buy won't be such a black-and-white decision.

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Planet Money
3:00 pm
Fri September 13, 2013

Jobs, Debt And Home Prices Since The Crisis, In Five Charts

Quoctrung Bui / NPR

The housing bust started in 2006. The recession started in 2007. But it was in September, 2008 – five years ago this month – that the financial crisis hit its most intense moments. Here's a look at how U.S. households have fared since then.

Correction: The headline initially said "four charts." Thanks to the commenter who pointed out that there are, in fact, five charts in this post.

The Two-Way
11:52 am
Fri September 13, 2013

NPR To Offer Voluntary Buyouts In Bid To Balance Budget

NPR headquarters in Washington, D.C.
Charles Dharapak AP

Originally published on Fri September 13, 2013 12:46 pm

Saying that the goal is to balance its budget in fiscal year 2015, NPR announced late Friday morning that it will soon offer "a voluntary buyout plan across the organization that reduces staffing levels by approximately 10 percent."

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Economy
11:04 am
Fri September 13, 2013

Recipe For A Great Burger? Fifteen Bucks An Hour

Originally published on Fri September 13, 2013 1:30 pm

Transcript

MICHEL MARTIN, HOST:

This is TELL ME MORE from NPR News. I'm Michel Martin. It is Friday and back in the day this was payday for most people, so we thought this was as good a day as any to talk about wealth, wages and poverty. In a few minutes we will hear about how poverty seems to be affecting the health of white women in a dramatic way.

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