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Updated: 1 hour 50 min ago

Obama Expected To Release Rule Governing Overtime

Tue, 06/30/2015 - 3:58am

The plan raises the cap under which most workers must get overtime for working more than 40 hours a week. It doesn't require congressional approval, but is expected to be criticized by businesses.

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Facing Massive Debt, Puerto Ricans Warned Belt Tightening Will Be Needed

Tue, 06/30/2015 - 3:58am

Puerto Rico's governor says the U.S. territory will be unable to pay off some of its more than $72 billion debt, and that terms will have to be renegotiated. He's also calling for big budget cuts.

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Puerto Rico's Governor Wants Lenders To Wait For More Than $73 Billion Debt Payments

Mon, 06/29/2015 - 10:46pm

In a televised address, the governor said he'll ask international creditors to give Puerto Rico easier terms, starting with a delay in payments. He also warned his people of coming budget cuts.

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President Pitches Overtime Rule That Could Raise Wages For 5 Million

Mon, 06/29/2015 - 9:20pm

The regulation, which retailers and restaurants likely will fight, would mean that all employees earning up to $50,440 a year would be guaranteed overtime pay, up from a the current cap of $23,660.

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Apple Bets Big That You'll Start Paying To Stream Music

Mon, 06/29/2015 - 5:32pm

Millions listen to services like Spotify and Pandora, but relatively few of them subscribe. Why should they when there are so many free options? The new Apple Music will be free for only 3 months.

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Greeks Brace For The Fallout As Deadline Looms

Mon, 06/29/2015 - 4:52pm

Greeks have lurched from one crisis to another in recent years and have learned to cope with uncertainty. Still, many are worried about what could happen when Greece misses a payment Tuesday.

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The Economic Reality Of The Same-Sex Marriage Ruling

Mon, 06/29/2015 - 4:41pm

From less-complicated tax filing to reducing uncertainty over medical decisions, the Supreme Court's ruling will have a wide impact on same-sex households. It will also affect corporate policies.

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Like Greece To Europe, Puerto Rico Is America's Sinking Ship

Mon, 06/29/2015 - 4:25pm

Is Puerto Rico America's Greece? Like Greece, Puerto Rico says it can't pay its bills, and it resists austerity measures. There are many similarities but also an important difference.

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SpaceX Rocket Explosion Raises Questions About Private Space Companies

Mon, 06/29/2015 - 4:25pm

NPR's Robert Siegel interviews Andy Pasztor, aerospace reporter for the Wall Street Journal, about insurance options for SpaceX flights and launches.

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If The Mess In Greece Is All Greek To You, Then Read This

Mon, 06/29/2015 - 4:18pm

This week, Greek will miss a $1.73 billion payment to the International Monetary Fund. The debt crisis has the potential to create financial, economic and geopolitical trouble for Americans.

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NBC Dumps Donald Trump Over Comments On Mexican Immigrants

Mon, 06/29/2015 - 3:27pm

NBC severs ties with Donald Trump over his derogatory remarks about Mexicans.

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NBCUniversal Is Cutting Ties With Donald Trump

Mon, 06/29/2015 - 2:25pm

The media company is ending its relationship with the presidential hopeful after comments he made about Mexican immigrants.

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Supreme Court Blocks Obama Administration Plan On Power Plant Emissions

Mon, 06/29/2015 - 10:24am

In a 5-4 ruling, the court says the Environmental Protection Agency should have taken into account the costs of complying with regulation.

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Supreme Court's Decision On Same-Sex Marriage Expected To Boost Health Coverage

Mon, 06/29/2015 - 10:16am

Many companies are expected to expand coverage to same-sex spouses if they already offer benefits to opposite-sex spouses. But the recent Supreme Court decision doesn't require them to do so.

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Global Markets Dive As Greek Exit From Eurozone Looms

Mon, 06/29/2015 - 6:05am

There are fears a Greek exit from the bloc that uses the euro could have a broad impact on the world's financial system. Greek banks are closed today after the government imposed capital controls.

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SpaceX Rocket Breaks Up On Liftoff

Mon, 06/29/2015 - 4:05am

In Florida, an unmanned supply rocket blasted off for the International Space Station, but something went wrong. The loss of the rocket, which was also carrying experiments, is a setback for NASA.

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Greece To Impose Capital Controls Amid Looming Default

Mon, 06/29/2015 - 4:05am

Greece's prime minister announced on Sunday that banks and the stock market will be closed after negotiations with the country's international lenders broke down.

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Economic Crisis Looms For Puerto Rico, Report Says

Sun, 06/28/2015 - 10:18pm

A report obtained by NPR paints a bleak portrait of Puerto Rico's economic future, saying its deficit is much larger than previously thought.

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The Man Who Saved Southwest Airlines With A '10-Minute' Idea

Sun, 06/28/2015 - 4:49pm

When a little startup called Southwest Airlines was on the brink of failure in 1972, an executive named Bill Franklin had a simple solution that saved the company: the "10-Minute Turn."

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Greece Tries To Stanch Bank Run Ahead Of Looming Default

Sun, 06/28/2015 - 7:41am

The country's finance minister tells the BBC that the option for a Monday bank holiday was under discussion.

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