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Updated: 1 hour 34 min ago

The Fed Holds Rates Steady; Here's Who Is Clapping

Thu, 09/17/2015 - 1:02pm

The Federal Reserve chose to leave interest rates unchanged Thursday. For the central bank even a decision to do nothing is a big deal, creating all sorts of winners (homebuyers) and losers (savers).

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The Fed Says Economy Is Growing, But Leaves Rates Unchanged

Thu, 09/17/2015 - 1:01pm

The Federal Reserve decided to leave interest rates unchanged at historically low levels, even though the U.S. economy has been gaining strength. The Fed has kept a key rate near zero since late 2008.

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'Computer Issue' Grounds American Airlines Flights

Thu, 09/17/2015 - 12:42pm

Passengers report delays at the gate and the FAA cites computer issues as the cause of grounded flights across the U.S.

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Cablevision, 5th-Largest U.S. Cable Firm, To Be Sold In $17.7 Billion Deal

Thu, 09/17/2015 - 10:19am

It's the second time this year that Altice's founder, French-Israeli billionaire Patrick Drahi, has targeted a large American cable company. This spring, Altice bought Suddenlink for $9.1 billion.

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M. Night Shyamalan Embraces Latest Hollywood Trend: Low-Budget Films

Thu, 09/17/2015 - 4:26am

Our Planet Money podcast team explains why a Hollywood director's new movie might be better. because it was made on a micro-budget.

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Las Vegas, N.M., Needs Amtrak To Help It Draw More Tourists

Thu, 09/17/2015 - 4:26am

In northern New Mexico, many rural communities are worried about the possible loss of Amtrak's Southwest Chief. One historic railroad town has been trying to attract tourists with the train.

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GM To Settle Criminal Case Involving Deadly Ignition Switches

Thu, 09/17/2015 - 4:26am

GM and federal prosecutors are expected announce a $900 million settlement in the mishandling of an ignition-switch defect. It led to more than 100 deaths and recalls of millions of GM vehicles.

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What Does French Ride-Sharing Company BlaBlaCar Have That Uber Doesn't?

Wed, 09/16/2015 - 9:37pm

BlaBlaCar is valued at $1.6 billion. Uber is worth $18.4 billion. The Europe-based firm finds long-distance rides for users, and avoids Uber's troubles with taxi industry regulations.

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Inside The Vacant Caverns Of St. Louis' Other Beer Baron

Wed, 09/16/2015 - 4:54pm

Anheuser-Busch managed to survive Prohibition by diversifying, while its nearby competitor in St. Louis, Lemp Brewery, failed. But Lemp's legacy remains in the caves where it used to chill its beer.

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Anheuser-Busch Signals Possible Merger With SABMiller

Wed, 09/16/2015 - 3:51pm

Anheuser-Busch InBev, the largest beer maker in the world, has approached No. 2 SABMiller to talk about a merger. AB InBev did not put a number on the table, but shares of both companies shot up anyway. The potential deal will face a tough antitrust review in Europe and the U.S.

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Faced With Spate Of Tremors, Oklahoma Looks To Shake Up Its Oil Regulations

Wed, 09/16/2015 - 3:32pm

Oklahoma set a state record last year with more than 5,000 earthquakes. This year, the state is poised to have even more. Now oil and gas regulators have taken notice and are working to curb them.

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In Colorado, More People Are Insured But Cost Remains An Issue

Wed, 09/16/2015 - 3:02pm

Colorado has cut the number of people without health insurance in half, with 20 percent of state residents now on Medicaid. but out-of-pocket medical expenses can still be hard for families to afford.

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A 'Sense Of Crisis' Now In A Chinese Boomtown Gone Bust

Wed, 09/16/2015 - 2:41pm

The city of Luliang, in China's coalfields, was to become home to a $5 billion business district. But corruption, reckless pursuit of growth and overcapacity led to a crash in its industrial economy.

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... And Beer For All: Budweiser Makes A Metallica Beer In Canada

Wed, 09/16/2015 - 11:15am

The beer, which has the tagline "Coulée dans le rock" (cast in rock), will get a wider release in Canada later this month when fewer than 100,000 cases of special edition black cans hit shelves.

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Conservatives Start Air Assault Against Donald Trump

Wed, 09/16/2015 - 9:33am

A deep-pocketed conservative group is going on the attack against Donald Trump, spending $1 million on TV ads in Iowa to weaken the GOP presidential front-runner.

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The Downside Of Keeping Interest Rates So Low For So Long

Wed, 09/16/2015 - 9:32am

Some economists say the Federal Reserve should leave rates alone, but many say super-low rates have big risks, too. They argue that the central bank needs to push rates back up to historic norms.

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How To Save Money On Prescription Drugs, Insured Or Not

Wed, 09/16/2015 - 5:08am

Believe it or not, it may be cheaper to pay for a prescription yourself rather than using your insurance. And if that fails, there are other places to turn for help getting the best possible deal.

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UAW Reaches Tentative Deal With Fiat Chrysler

Wed, 09/16/2015 - 4:38am

Observers were surprised when Fiat Chrysler was selected as the first of Detroit's automakers to negotiate an agreement, or serve as a "strike target."

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Fed To Begin Closely Watch 2-Day Meeting On Interest Rates

Wed, 09/16/2015 - 4:12am

It's been nine years since the Federal Reserve raised interest rates. The Fed begins a two-day meeting on Tuesday to decide whether its time to raise rates.

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Giving More Workers Overtime Could Have Downsides, Employers Say

Tue, 09/15/2015 - 4:45pm

New federal rules would make millions more workers eligible for overtime. Some employers say they'll be forced to cut costs through furloughs or converting salaried positions to hourly.

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