Business and Economy

Law
3:14 pm
Tue April 8, 2014

New Rules Force Big Banks To Keep A Bigger Cushion

Originally published on Wed April 9, 2014 4:24 am

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Regulators say the requirements will reduce the risk of bank failures during bad economic times.

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Around the Nation
3:14 pm
Tue April 8, 2014

Natural Disasters Are Rare, But So Is Mudslide Insurance

Searchers walk near a demolished house in Oso, Wash., in March. Few homeowners in Washington and neighboring Oregon have mudslide insurance.
Elaine Thompson AP

Originally published on Wed April 9, 2014 4:24 am

Depending on whom you talk to, either no one could have predicted the massive mudslide in Oso, Wash., last month — or it was a disaster just waiting to happen. But if homeowners in the slide's path are typical of most people in this part of the country, they were not insured against this kind of event — and are unlikely to see an insurance payout.

That's because standard homeowner's insurance doesn't cover mudslides. And the insurance is not only expensive, it's also difficult to purchase.

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It's All Politics
2:26 pm
Tue April 8, 2014

The Politics Of Equal Pay: It's More Than A Women's Issue

A crowd lines up in Atlanta for a recent women's forum on pay equity and other issues featuring Rep. John Lewis, D-Ga., and House Democratic Leader Nancy Pelosi of California.
David Tulis AP

Originally published on Tue April 8, 2014 3:18 pm

The pay equity issue, which President Obama and Democrats are making a central theme of the 2014 midterm election campaign, is often framed as a women's issue. But Democrats are expecting it will also have crossover appeal to men.

For many men, it's a matter of self-interest: Two-income families are part of a long-term trend, as many families find two paychecks essential to cover the bills in an era of rising prices and stagnant, if not falling, wages.

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The Salt
12:01 pm
Tue April 8, 2014

Why Chocolate Is A Bargaining Chip In The Ukraine-Russia Conflict

Roshen is a premium brand but some say it tastes "less refined" than Western European chocolate.
Bodo Flickr

Originally published on Tue April 8, 2014 3:21 pm

In the political battle between Ukraine and Russia, one of the biggest pawns is chocolate.

That's because the current front-runner in Ukraine's presidential race is Petro Poroshenko, known as "the Chocolate King." His billion-dollar empire was founded on candy factories.

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Money Coach
11:49 am
Tue April 8, 2014

Prepaid Debit Cards Not As Simple As They Seem

Transcript

MICHEL MARTIN, HOST:

I'm Michel Martin, and this is TELL ME MORE from NPR News. Now it's time for our money coach conversation. That's the part of the program where we talk about the economy and personal finance.

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All Tech Considered
11:24 am
Tue April 8, 2014

Windows XP Users, It's Time To Upgrade. Here's How

Microsoft is ending its support for the 12-year-old Windows XP software Tuesday.
Justin Sullivan Getty Images

Originally published on Wed April 9, 2014 11:59 am

Microsoft is ending support Tuesday for Windows XP, which means the company won't be fixing any fresh problems that crop up with the 12-year-old operating system. "PCs running Windows XP after April 8, 2014, should not be considered to be truly protected," says a company statement.

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Planet Money
6:56 am
Tue April 8, 2014

Why Women Don't Ask For More Money

Men are more likely to get venture capitalist support than women, and a new study found that attractive males get even more points — from both genders.
iStockphoto

Originally published on Tue April 8, 2014 9:17 am

When Emily Amanatullah was a graduate student studying management, she couldn't help noticing that a lot of the classic advice in the field was aimed more at men than women. Negotiation tactics in particular seemed tougher for women to master.

"You realize they're pretty at odds with how women comport themselves and how they're expected to comport themselves," she says.

She started to talk to other women and to examine her own behavior. All the women she spoke to said they hated advocating for themselves at work. But they had no trouble speaking up for colleagues.

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Business
4:21 am
Tue April 8, 2014

Earned Income Tax Credit Helps Lift Workers Out Of Poverty

Originally published on Tue April 8, 2014 7:09 am

Transcript

DAVID GREENE, HOST:

It is that time of year, millions of Americans are scrambling to file their tax returns before April 15th. Some owe money. Some who had too much withheld from paychecks will get refunds. And some workers will actually get money from the government. Not a refund - hard cash, in the form of the Earned Income Tax Credit - one of the government's major anti-poverty programs. You might have heard about it. You might even qualify for it.

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Business
4:19 am
Tue April 8, 2014

Fewer Complaints Help To Boost Airline Quality Ratings

Originally published on Tue April 8, 2014 7:09 am

The nation's airlines are running late more often and losing more suitcases. But passengers are complaining less, that's boosted airline quality ratings to their highest level ever.

Politics
4:01 am
Tue April 8, 2014

Obama's Executive Orders Take On Unequal Pay For Women

Originally published on Tue April 8, 2014 7:09 am

Transcript

(SOUNDBITE OF MUSIC)

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Today is Equal Pay Day, according to the U.S. Labor Department. The government calculates the average pay of men and women.

GREENE: A woman would've had to work all last year, then all the way until today in order to match what the average man made just last year.

INSKEEP: She needed more than 15 months to match what the man made in 12.

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