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Updated: 8 min 22 sec ago

White House Says Despite Stock Market Volatility, Economy Is Doing Well

Wed, 02/07/2018 - 5:04pm

President Trump's top economic adviser Kevin Hassett says that despite recent large drops in the stock market, "the fundamentals for the economy are very sound."

(Image credit: Richard Drew/AP)

'Consumer Reports' Says Roku, Samsung Smart TVs Have Security Vulnerabilities

Wed, 02/07/2018 - 3:20pm

"We found that a relatively unsophisticated hacker could change channels, play offensive content, or crank up the volume," the consumer watchdog says.

(Image credit: Brendan McDermid/Reuters)

Media Company Tronc Selling LA Times To Billionaire Doctor

Wed, 02/07/2018 - 8:23am

The Los Angeles Times has been mired in controversy, including an NPR report on harassment allegations against its publisher. Now the paper is being sold to a billionaire doctor.

Massachusetts Sues Equifax Amid Questions About CFPB's Investigation

Wed, 02/07/2018 - 3:52am

Amid a report that the Consumer Financial Protection Bureau is scaling down its probe into the Equifax breach, David Greene talks to Massachusetts Attorney General Maura Healey.

Casino Mogul Steve Wynn Resigns

Wed, 02/07/2018 - 3:52am

Las Vegas casino mogul Steve Wynn is stepping down as the head of Wynn Resorts amid allegations of sexual misconduct.

Los Angeles Times To Be Sold

Wed, 02/07/2018 - 3:52am

The parent company of the Los Angeles Times is in talks to sell the paper to a billionaire doctor after months of tumult at the organization.

Steve Wynn Resigns As Head Of Wynn Resorts Amid Sexual Misconduct Allegations

Wed, 02/07/2018 - 12:04am

The accusations against the 76-year-old billionaire who owns casinos in Las Vegas and the Chinese territory of Macau were first published last month by The Wall Street Journal.

(Image credit: Mark Wilson/Getty Images)

Federal Report Blames A Type Of Sleep Apnea For Train Crashes

Tue, 02/06/2018 - 10:30pm

The National Transportation Safety Board said two recent commuter rail accidents that killed one person and injured more than 200 others were caused by engineers falling asleep at the controls.

(Image credit: Chris O'Neil/AP)

Big Food Versus Big Chicken: Lawsuits Allege Processors Conspired To Fix Bird Prices

Tue, 02/06/2018 - 5:38pm

Wholesalers, retailers and food distribution giants allege that America's biggest poultry processors colluded to raise the price of broiler chickens over a decade.

(Image credit: Burke/Triolo Productions/Getty Images)

Tronc Preparing To Sell The Los Angeles Times

Tue, 02/06/2018 - 5:15pm

Among the issues roiling the Times is the turnover of executives after reporting by NPR's David Folkenflik on allegations of sexual harassment. Times journalists also voted recently to unionize.

Dow De Ching

Tue, 02/06/2018 - 3:37pm

The stock market's drop over the past few days wasn't weird. What was weird was what the market did for all of 2017.

(Image credit: NPR)

Best Buy To Pull CDs From Its Stores, According To Report

Tue, 02/06/2018 - 3:25pm

In 2011, 331 million CDs, CSs, LPs and digital albums were sold in the U.S. That figure nearly halved just 6 years later in 2017, when sales were at 167 million.

(Image credit: Paul Sakuma/AP)

How Consumers Should Approach A Volatile Stock Market

Tue, 02/06/2018 - 3:23pm

The stock market plunged more than 1,000 points on Monday, reversing the growth in the markets throughout 2017. Richard Salmen is chair of the Certified Financial Planner Board of Standards talks with NPR's Ari Shapiro about what consumers should be doing.

Treasury Secretary Steve Mnuchin Says He's Not Worried About Volatile Stock Market

Tue, 02/06/2018 - 3:23pm

After a very long stretch of calm, financial markets have suddenly turned volatile. Prices have plunged and bounced around — all giving investors the jitters.

Trump Falls Silent On Stock Market Slump

Tue, 02/06/2018 - 2:08pm

President Trump, who often boasted when the stock market hit new records, has been silent as the market enters a new period of volatility.

(Image credit: Spencer Platt/Getty Images)

Mercedes-Benz Apologizes To China After Quoting Dalai Lama In A Car Post

Tue, 02/06/2018 - 1:29pm

The German automaker said it is trying to "deepen its understanding of Chinese culture" after a #MondayMotivation Instagram post quoting the Dalai Lama garnered backlash on social media.

(Image credit: Gene J. Puskar/AP)

High-End London Restaurant Launches Uber-Style Pricing Model

Tue, 02/06/2018 - 1:02pm

Bob Bob Ricard, the luxury London restaurant, is one of the first to try cutting 25 percent off menu prices during off-peak times to attract more budget-minded customers. And it seems to be working.

(Image credit: Nikki Tysoe/Flickr Creative Commons)

Sorting Out What The U.S. Markets' Volatile Start May Mean

Tue, 02/06/2018 - 10:48am

U.S markets showed signs of volatility on the heels of Monday's drop on Wall Street. NPR's Rachel Martin, Jim Zarroli and Scott Horsley talk about the plunge and the White House's reaction.

Wealth Manager: Consider Stock Market Activity In Context

Tue, 02/06/2018 - 9:36am

Barry Ritholtz, chief investment officer of Ritholtz Wealth Management, says Monday's stock market drop was bad but "really isn't terrible" when compared to other big stock market plunges.

Stocks Fall Again: Dow Drops Over 500

Tue, 02/06/2018 - 8:10am

Stock markets in Asia and Europe fell sharply after Monday's record 1,175-point drop in the the Dow, leaving U.S. financial markets bracing for another volatile day.

(Image credit: Spencer Platt/Getty Images)




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