Business

5:45pm

Thu July 3, 2014
All Tech Considered

In A Battle For Web Traffic, Bad Bots Are Going After Grandma

Originally published on Mon July 7, 2014 11:05 am

By hijacking a user's computer, "bad" bots make it look as if she visits a website often, thus making the site more valuable to advertisers.
iStockphoto

As the Web turns 25, it's becoming a terrific place if you're a bot.

It began as a tool for human communication, but now, over 60 percent of the traffic on the Web is automated applications called bots talking to other bots, according to one study. And experts say about half of those bots are bad.

But first let's talk about the good bots.

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5:41pm

Thu July 3, 2014
The Two-Way

SunTrust Settles In Probe Into Mishandled Home Loan Modifications

Originally published on Thu July 3, 2014 6:54 pm

Atlanta-based SunTrust Mortgage Inc. has agreed to pay up to $320 million to resolve criminal allegations that it mishandled applications from homeowners seeking loan modifications under a federal program.

The deal with the Justice Department follows a similar settlement last month with SunTrust Mortgage over its mishandling of federally backed home loans.

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4:27pm

Thu July 3, 2014
The Two-Way

Jobs Numbers Buoy Dow Above 17,000 For The First Time

Originally published on Thu July 3, 2014 4:52 pm

The Dow Jones closed above 17,000 for the first time in its history on Thursday. The index was buoyed by better-than-expected news from the jobs market.

As we reported, the Labor Department announced that U.S. employers added 288,000 jobs last month and that the unemployment rate dipped to 6.1 percent.

It was the fifth consecutive month that employers had added more than 200,000 jobs.

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4:09pm

Thu July 3, 2014
Business

Export-Import Controversy Gives Rise To A Tale Of Two Washingtons

Originally published on Thu July 3, 2014 6:26 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. A debate has been raging in Washington, D.C. over the future of an obscure federal agency - the Export-Import Bank. And all the way across the country in the other Washington - Washington state - businesses, labor unions and politicians say the bank's demise would have severe consequences. Ashley Gross of member station KPLU in Seattle reports.

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4:03pm

Thu July 3, 2014
Economy

Hiring Looks Good Now, But Wage Growth Lags

Originally published on Thu July 3, 2014 5:12 pm

A Gap employee works at a store in San Francisco. The company plans to raise its minimum wage in phases to $10 an hour by next year.
Justin Sullivan Getty Images

The unemployment report released Thursday by the Labor Department offered great news for job seekers: Hiring boomed in June.

That good news helped send stock prices to record levels, with the Dow Jones industrial average crossing the 17,000 mark for the first time to close at 17,068.26, up 92.02.

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1:50pm

Thu July 3, 2014
U.S.

Federal Highway Program Could Run Out Of Money Next Month

Originally published on Thu July 3, 2014 3:35 pm

The White House has warned that without more money for the federal Highway Trust Fund, which helps states pay for road and infrastructure projects, construction delays will put thousands out of work.
Seth Perlman AP

Congress has yet another problem it can't solve.

For years, the main federal transportation program has been spending more money than it takes in. This year, the Congressional Budget Office estimates the Transportation Department will disburse $45 billion while collecting only $33 billion for its Highway Trust Fund.

As a result, Transportation Secretary Anthony Foxx warned states on Tuesday that they will start seeing cuts of 28 percent in federal funding for roads and bridges next month unless Congress comes up with some extra money.

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1:41pm

Thu July 3, 2014
Economy

New Jobs Numbers: Has Economic Recovery Reached A Tipping Point?

Originally published on Thu July 3, 2014 5:13 pm

The economy added 288,000 jobs in June and the unemployment rate dropped to 6.1 percent. NPR's Marilyn Geewax and The Wall Street Journal's Sudeep Reddy discuss the latest jobs report.

10:25am

Thu July 3, 2014
The Two-Way

Germany Votes For First-Ever Minimum Wage, Around $11.50

Originally published on Thu July 3, 2014 2:15 pm

German Labor and Social Affairs Minister Andrea Nahles (center) and Chancellor Angela Merkel (right) cast their votes for a national minimum wage Thursday. The legislation sets a requirement of more than $11.50 in hourly pay.
Clemens Bilan AFP/Getty Images

German lawmakers have approved a minimum hourly wage of 8.50 euros, backing a controversial proposal that would cover many workers starting next year. The amount is equal to more than $11.50 at today's exchange rate.

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10:13am

Thu July 3, 2014
Planet Money

How Every U.S. State Has Fared Since The Recession, In 1 Graph

Originally published on Thu July 3, 2014 10:35 am

Quoctrung Bui/NPR

This spring, the U.S. finally gained back all the jobs that were lost during the recession. In other words, the number of jobs in the country is now higher than it was back in January 2008, at the beginning of the recession.

But the jobs are different — and they're in different places. In a handful of states, there are lots more jobs than there used to be. But in many others, there are still far fewer jobs than there were before the recession.

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9:58am

Thu July 3, 2014
All Tech Considered

The Future Internet Is Not So Free Or Open, In Pew's New Survey

Originally published on Mon July 7, 2014 11:04 am

iStockphoto

What we know as the World Wide Web — the main way by which most of us access the Internet — just turned 25 this year. Its existence has allowed for all kinds of learning and free expression, coding and making, rule-breaking and platform-making.

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