Business and Economy

Law
3:10 pm
Thu August 21, 2014

Bank Of America Settles With Feds And States For Record Amount

Originally published on Thu August 21, 2014 4:20 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Code Switch
3:10 pm
Thu August 21, 2014

How To Sell Diverse Books: A Bookstore Owner's Advice

How should book sellers promote diverse content? Examine their biases, and get other folks to examine their biases, too.
iStockphoto

Originally published on Thu August 21, 2014 4:37 pm

This week we've been exploring the question of diversity in the publishing industry.

From the classrooms of M.F.A. writing programs to the corporate offices of the big Manhattan publishers, NPR's Lynn Neary has reported on why there is an absence of people of color across the industry. Publishers agree that as the country's readers become more diverse, reflecting a diverse readership is increasingly becoming smart business for those who make and sell books.

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Economy
3:10 pm
Thu August 21, 2014

The Quandary At Jackson Hole: Is It Time To Step Back From Stimulus?

Originally published on Thu August 21, 2014 4:20 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
12:07 pm
Thu August 21, 2014

Bank Of America Settles Mortgage Case For $16.65 Billion

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Planet Money
10:40 am
Thu August 21, 2014

Why Restaurant And Hotel Workers May Soon Get A Raise

Originally published on Thu August 21, 2014 1:45 pm

Restaurants and hotels are posting new job openings faster than they can fill them. This is a promising sign for the economy.

Many jobs in the hospitality industry have low pay but don't require specialized skills. So they often serve as a stopgap for people between jobs. In periods when the broader job market is bleak, jobs in this sector tend to get snapped up quickly.

The growing number of unfilled restaurant and hotel jobs implies that many potential workers are finding other jobs or looking at these postings and saying, "Meh, maybe I can do better."

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The Two-Way
9:24 am
Thu August 21, 2014

Bank Of America Reaches Record Settlement Over Mortgage Meltdown

Countrywide, acquired by the Charlotte, N.C.-based Bank of America in the wake of the 2008 financial collapse, accounts for most of the allegations of wrongdoing against BofA.
Damian Dovarganes AP

Originally published on Thu August 21, 2014 2:33 pm

Bank of America Corp. has agreed to pay nearly $17 billion in a settlement with federal regulators over allegations that it misled investors into buying risky, mortgage-backed securities in the run-up to the 2008 financial meltdown.

The Department of Justice, which announced the $16.65 billion deal today, describes it as "the largest civil settlement with a single entity in history."

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Economy
5:21 am
Thu August 21, 2014

Financial Players Gather In Jackson Hole For Annual Conference

Originally published on Thu August 21, 2014 12:07 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Business
5:13 am
Thu August 21, 2014

Fed Officials Debate Timing Of Interest Rate Hike

Originally published on Thu August 21, 2014 12:07 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

NPR Story
4:07 am
Thu August 21, 2014

'Awesome Mix' Is No. 1 On Billboard 200 Album Chart

Originally published on Thu August 21, 2014 12:07 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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KELLY MCEVERS, HOST:

And our last word in Business is - awesome. The "Awesome Mix Volume 1" is, for the second week in a row, number one on the Billboard 200 album chart.

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NPR Story
4:07 am
Thu August 21, 2014

China Investigates Lexus For Anti-Monopoly Violations

Originally published on Thu August 21, 2014 12:07 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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