Economy & Business

Code Switch
11:53 am
Wed July 31, 2013

Consumer Groups On The Lookout For Immigration Scams

A line waits outside the U.S. Citizenship and Immigration Services office in Los Angeles.
Nick Ut AP

Originally published on Wed July 31, 2013 1:54 pm

Talk about immigration reform on Capitol Hill this summer has raised the hopes of many unauthorized immigrants around the country.

It's also raised the fears of consumer advocates worried about scam artists who promise immigrants they can help them secure legal status.

Eduardo Flores, an unauthorized immigrant from Honduras, wasn't promised immigration documents, but he did place his trust and $4,000 with a man who said he was an immigration attorney.

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The Two-Way
10:46 am
Wed July 31, 2013

Facebook Sees Its Shares Hit $38 IPO Price

Originally published on Wed July 31, 2013 3:36 pm

It's been more than a year since Facebook's stock debuted at $38 in its initial public offering. But after a problematic start and an eventual slide below $20, the company saw its shares reach that initial price in early trading Wednesday, one week after it reported strong advertising revenue.

"Before Wednesday's opening bell, the shares rose as high as $38.05, before settling back down to $37.95," the AP reports. "On Tuesday, the shares closed up 6 percent after coming within pennies of the IPO price."

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Health Care
10:32 am
Wed July 31, 2013

New Health Exchanges: What You Need To Know

On October 1st, online health insurance exchanges open up as part of the Affordable Care Act. Kaiser Health News' Mary Agnes Carey speaks to host Michel Martin about what will change, and how you can prepare for the roll-out.

Economy
9:41 am
Wed July 31, 2013

GDP Report Is Better Than Economists Expected

Transcript

DAVID GREENE, HOST:

NPR's business news starts begins with some surprising economic growth.

(SOUNDBITE OF MUSIC)

GREENE: The U.S. Commerce Department says the economy grew at an unexpectedly swift pace during the second quarter of the year. The Gross Domestic Product, or GDP, grew at an annual rate of 1.7 percent. That compares to the first quarter, when it grew at 1.1 percent. As NPR's Yuki Noguchi reports, this might mean the economy has not been hit hard by the automatic government spending cuts known as sequestration.

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The Two-Way
8:17 am
Wed July 31, 2013

U.S. Economy: GDP Surprises, And Hiring Rises In July

A chart shows the quarterly growth of real GDP in the United States. The U.S. economy expanded more than analysts had expected, at an annualized rate of 1.7 percent.
Bureau of Economic Analysis

Originally published on Wed July 31, 2013 1:51 pm

The U.S. economy grew by an annualized rate of 1.7 percent in the second quarter of 2013, according to gross domestic product data released Wednesday morning. The Commerce Department says the rise stems from business investments, particularly in buildings, and an upturn in exports and the civilian aircraft industry.

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Business
3:00 am
Wed July 31, 2013

Ford Taking America's Best-Selling Truck All 'Natural'

A version of Ford's flagship F-150 pickup truck that runs on natural gas.
Courtesy of Ford Motor Company

Originally published on Wed July 31, 2013 5:59 am

The reigning king in the truck world is the Ford F-150, and it's been that way for a couple of decades. But staying on top is getting harder.

With new, tougher fuel standards looming there is a lot of emphasis on efficiency and innovation. On Wednesday, Ford is announcing its flagship truck is taking a step into the alternative fuel world with a vehicle that can run on natural gas.

When you look at their bottom lines and their advertising you realize that the Detroit Three make cars, but they're really truck companies, especially Ford.

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Sweetness And Light
2:33 am
Wed July 31, 2013

Why Would You Volunteer For Next Year's Super Bowl?

Super Bowl volunteer Ben Schreiber distributes fan guides to any of the thousands of people who may need them while visiting Indianapolis for Super Bowl XLVI festivities, in 2012.
Chad Ryan CSM /Landov

Originally published on Wed July 31, 2013 12:40 pm

I read the other day that 16,000 people have been recruited as volunteers for next year's Super Bowl in New Jersey, and suddenly it occurred to me: the Super Bowl is one of the great financial bonanzas of modern times. From the players to the networks to the hotels, everybody involved with it makes a killing. Why would anybody volunteer to work for free for the Super Bowl? Would you volunteer to work free for Netflix or Disneyworld?

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Law
4:07 pm
Tue July 30, 2013

Citing Supreme Court, Judge Awards Benefits To Same-Sex Widow

Originally published on Tue July 30, 2013 4:35 pm

Another barrier to recognition of same-sex marriage appears to have fallen. On Monday a federal judge ordered a law firm to pay survivor's benefits to the widow in a same-sex marriage, and on Tuesday the law firm said it was happy to comply and would not appeal.

The decision is the latest in a series of court rulings equalizing benefits for legally married same-sex couples in the aftermath of a U.S. Supreme Court ruling.

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Shots - Health News
4:07 pm
Tue July 30, 2013

Will Obamacare Mean Fewer Jobs? Depends On Whom You Ask

Originally published on Tue July 30, 2013 4:43 pm

Of all the contentious claims about the Affordable Care Act, few have been more contentious than over the impact it's having on employers.

It's hard to pick up a newspaper or turn on a television without seeing a story about some boss cutting workers' hours or saying he won't be doing any more hiring because of the health law.

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Planet Money
3:34 pm
Tue July 30, 2013

Despite The Buzz, Local Food Has A Small Economic Impact

Originally published on Tue July 30, 2013 4:32 pm

The local food movement has received a lot of attention both for changing diets and buying habits. But has the movement has become a significant economic force?

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