Business

8:05am

Thu September 6, 2012
The Two-Way

European Central Bank Leaves Interest Rates Unchanged

Originally published on Thu September 6, 2012 9:20 am

"The European Central Bank refrained from cutting interest rates today as President Mario Draghi prepares to unveil a bond-purchase plan to save the euro," Bloomberg News writes. It adds that:

Read more

5:24am

Thu September 6, 2012
Business

The Last Word In Business

Originally published on Thu September 6, 2012 10:17 am

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is seeing red.

The designer Christian Louboutin is famous in certain circles for his super high heeled shoes. They can cost more than $4,000 and it's the red lacquer soles that Louboutin is really known for.

RENEE MONTAGNE, HOST:

Read more

5:24am

Thu September 6, 2012
Business

Business News

Originally published on Thu September 6, 2012 10:17 am

Transcript

STEVE INSKEEP, HOST:

A report on Christmas cargo is at the top of NPR's business news.

(SOUNDBITE OF MUSIC)

INSKEEP: If you want an early indication of how robust this year's holiday shopping season may be, take a look at the Pacific and Indian Oceans.

Read more

5:24am

Thu September 6, 2012
Economy

European Central Bank To Meet On Interest Rates

Originally published on Thu September 6, 2012 10:17 am

Transcript

RENEE MONTAGNE, HOST:

When the European Central Bank holds its monthly meeting today, investors around the world will be watching nervously to see what the bank's head, Mario Draghi, says about interest rates. Draghi was recently quoted as saying he would do whatever it takes to keep Europe's debt crisis from growing out of control, and that could go beyond just cutting borrowing rates.

As NPR's Jim Zarroli reports, any European Central Bank plan to use its resources to prop up Europe's weaker economies will face strong opposition from the Germans.

Read more

5:24am

Thu September 6, 2012
Business

Gaggle Of New Gadgets Wow Tech Lovers

Originally published on Thu September 6, 2012 10:17 am

Transcript

RENEE MONTAGNE, HOST:

And in the tech world, dueling press conferences and competing corporate unveilings, this week and next, are putting the focus on new and improved gadgets.

NPR's Steve Henn joined us this morning from Silicon Valley to tell us about what's on the high tech horizon.

Good morning.

STEVE HENN, BYLINE: Good morning.

MONTAGNE: So there are a host of companies rolling out shiny new toys this week. What's catching your eye?

Read more

5:56pm

Wed September 5, 2012
Crisis In The Housing Market

Democratic Convention Draws Troubled Homeowners

Originally published on Wed September 5, 2012 7:03 pm

David Sole rode a bus from Detroit to the Democratic National Convention in Charlotte, N.C., to protest how the Obama administration and the nation's banks have handled the foreclosure crisis.
Yuki Noguchi NPR

Charlotte, N.C., host of the 2012 Democratic National Convention, is the nation's biggest financial center outside of New York. But Charlotte and surrounding Mecklenburg County have the highest foreclosure rates in the state, and many thousands of homeowners owe more on their homes than the properties are worth.

As thousands of Democrats converge in Charlotte for the convention, some troubled homeowners have also gathered, lamenting that the foreclosure crisis has not been sufficiently front and center in the presidential campaign.

Read more

3:33pm

Wed September 5, 2012
Economy

Journalist Evaluates Obama, Romney Economic Plans

Originally published on Wed September 5, 2012 5:39 pm

David Leonhardt, the Washington bureau chief of The New York Times, won a Pulitzer Prize last year for his columns about the economy.
Earl Wilson The New York Times

On Monday, Republican vice presidential candidate Paul Ryan told a campaign rally audience in North Carolina that "the president can say a lot of things, but he can't tell you you are better off." Later that day in Detroit, Vice President Joe Biden responded "America is better off today than they left us."

New York Times Washington bureau chief David Leonhardt argues that both Ryan and Biden are right: It's partly semantics.

Read more

11:55am

Wed September 5, 2012
Shots - Health Blog

Insurer's Files Show Big Cost Differences For Same Illnesses

Yes, we've seen this before: a study showing large spending disparities to treat similar ailments and little if any link between expenditure and effectiveness.

What's different about a new analysis is the patients.

Read more

4:46am

Wed September 5, 2012
Business

The Last Word In Business

Originally published on Wed September 5, 2012 9:15 am

One of those vegetarian-only outlets will be in the city of Amritsar, home to the Golden Temple, the holiest site for India's Sikh religion. The other will be near a Hindu mountain shrine.

4:46am

Wed September 5, 2012
Business

GM, Ford And Chrysler Post Double-Digit Increases

Originally published on Wed September 5, 2012 5:23 am

Pickup trucks sold briskly last month which is good for the bottom line of Detroit's Big Three. One analyst says "the success of the truck segment is usually seen as the harbinger of the overall economy recovery."

Pages