On Monday, the Dow Jones industrial average plunged an additional 326 points, down about 2 percent to 15,373. That was the seventh triple-digit drop so far this year. Back on Dec. 31, the Dow was at 16,577.
Would you notice an unexpected charge of $10 or less on your credit card statement? Lots of consumers don't â€” and scammers count on that, says Steve Barnas, president and CEO of the Better Business Bureau in northern Illinois.
But Barnas says the Better Business Bureau is now hearing from consumers across the country about $9.84 credit charges for what look to be very innocuous purchases. But while they may seem legitimate, many are not.
Warning that "simply delaying action on the debt limit can cause harm to our economy," Treasury Secretary Jacob Lew repeated Monday that he believes Congress should act soon to raise that limit so the federal government avoids even looking like it might default on its debts.
This is TELL ME MORE from NPR News. I'm Michel Martin. We'd like to start the week talking about a subject that might be on your mind as you start preparing your taxes and you're pull out those bank statements. We want to talk about planning for retirement. Almost half of households in this country don't have enough savings to cover their retirement or even unexpected emergencies, that according to a new report from a group called the Corporation for Enterprise Development.
Originally published on Mon February 3, 2014 2:12 pm
If you are buying health coverage in the Colorado ski resort towns, the Connecticut suburbs of New York City or a bunch of otherwise low-cost rural regions of Georgia, Mississippi and Nevada, you have the misfortune of living in the most expensive insurance marketplaces under the new health law.
And a jury in New York is expected to begin deciding the fate of Matthew Martoma this week. A former portfolio manager at the hedge fund company SAC Capital Advisors, Martoma is accused of insider trading. Officials say he sold shares of two pharmaceutical companies after obtaining inside information about drugs being developed.
NPR's business news starts with a Cleveland hub closure.
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INSKEEP: United Airlines announced plans over the weekend to drop Cleveland Hopkins International Airport as one of its main hubs for connecting flights. Company officials say the hub has not turned a profit in more than a decade and loses tens of millions of dollars annually. How is that possible? It's one of the few airports I can remember where you can get a boilermaker.
Free media is when you get exposure that's better than advertising. The company sent out some tweets during the Super Bowl but there were a lot of typos. The mistakes gained national attention. The company said it had been tweeting while wearing mittens â€” products Penney was promoting.