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Updated: 1 hour 44 min ago

Standard & Poor's Settles In SEC Ratings Fraud Case

Wed, 01/21/2015 - 3:25pm

Standard & Poor's has agreed to pay fines of nearly $80 million to settle charges that it changed the way it was rating securities in a bid to win business, but didn't bother to tell investors. The firm also agreed to a one year ban on rating certain kinds of securities. A separate Justice Department investigation is still underway.

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Google's Stake In SpaceX Puts It Closer To Goal Of Internet Access For All

Wed, 01/21/2015 - 8:17am

Elon Musk's SpaceX received a $1 billion investment from Google and Fidelity, which now own slightly less than 10 percent of the firm. SpaceX is currently valued at $10 billion.

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To Drive Economy Toward Equality, Obama Requests More Spending

Wed, 01/21/2015 - 4:03am

His State of the Union address celebrated a year that brought the U.S. jobs and growth, and called on Congress to expand child care and free education. Critics say it's pure politics that won't pass.

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Scandium Middle Man Is A Rare Guy Selling A Rare Element

Wed, 01/21/2015 - 4:02am

Our Planet Money team has a story about a man who realized at the time, that he was the only person in the world with his job. It was a job selling something, almost no one wanted.

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Illinois' Financial Condition Is Dire, Gov. Rauner Warns

Wed, 01/21/2015 - 4:02am

A study suggests Illinois' gigantic budget hole may be much deeper than previously thought. And that leaves that state's new Republican governor with the difficult task of having to fix it fast.

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Tax Preparers Get Ready To Be Bearers Of Bad News About Health Law

Wed, 01/21/2015 - 1:59am

With Affordable Care Act open enrollment ending Feb. 15, taxpayers could find themselves shut out of health insurance – and saddled with big fines – if they don't deal with taxes early this year.

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J.C. Penney Brings Back Its Print Catalog, After A 5-Year Hiatus

Tue, 01/20/2015 - 6:23pm

The company finds that even if people don't order directly from the catalogs, they still serve a purpose.

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U.K. Tabloid 'The Sun' Ends Topless Tradition

Tue, 01/20/2015 - 3:26pm

Britain's most popular newspaper will reportedly stop featuring photos of topless women on its pages. The Sun began its "Page 3" pictures 44 years ago, but there has long been criticism of the feature, which critics say objectifies women.

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Obama Could Get More Cheers From Republicans On Trade

Tue, 01/20/2015 - 3:26pm

When President Obama delivers his State of the Union address on Tuesday, there's likely to be a deep partisan divide on many of the proposals. Trade is one area where Republicans will be applauding while many Democrats are sitting on their hands.

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How Your Food Gets The 'Non-GMO' Label

Tue, 01/20/2015 - 11:48am

Demand for foods certified as GMO-free is ballooning. Increasingly, it's conventional companies that want to earn the label. Here's how a company gets into the non-GMO game.

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State of the Union Will Tout Progress, But Is The Economy Fixed?

Tue, 01/20/2015 - 7:07am

The economy has improved greatly since President Obama took office on Jan. 20, 2009. But is his economic legacy impressive enough to justify taking a victory lap during his State of the Union address?

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Why Europe's Economy Threatens Global Growth

Tue, 01/20/2015 - 4:06am

Ahead of Europe's central bank meeting, Renee Montagne talks to David Wessel, director of the Hutchins Center at the Brookings Institution and a contributing correspondent to The Wall Street Journal.

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U.S. Should End Its Export Ban On Crude Oil, Study Says

Tue, 01/20/2015 - 4:06am

The Center on Global Energy Policy says lifting the ban, which was put in place during the Arab oil embargoes of the 1970s, would help producers, consumers and improve U.S. security.

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Obama To Press For Higher Taxes On Wealthy Taxpayers

Tue, 01/20/2015 - 4:06am

President Obama is preparing to deliver his sixth State of the Union address Tuesday night. He plans to focus on the middle class. Steve Inskeep talks to White House Chief of Staff Denis McDonough.

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IRS Budget Cuts May Make For An Unpleasant Tax Filing Season

Tue, 01/20/2015 - 4:06am

The IRS commissioner warns that congressionally mandated budget cuts are hurting the agency's ability to crack down on tax cheats, process timely refunds and even staff its help lines.

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Working 3 Jobs In A Time Of Recovery

Tue, 01/20/2015 - 3:03am

If Elkhart County, Ind. was the symbol of the recession, then Ed Neufeldt was the face of the unemployed worker. Elkhart's economy has recovered but Neufeldt is still struggling to bounce back.

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Analysts Watch For Impacts Of European Economic Weakness On U.S.

Tue, 01/20/2015 - 2:18am

German automakers have several plants in the South, and Florida counts on European tourists. Analysts hope efforts to stimulate Europe's economy will keep investments in the U.S. from slipping.

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Despite Lower Oil Prices, IMF Cuts Global Growth Forecasts

Tue, 01/20/2015 - 12:44am

The International Monetary Fund lowered its growth forecasts over the next two years. It warned on Tuesday that weakness in most major economies will trump gains from lower oil prices.

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Markets May Stumble Or Skyrocket, But This Economist Says Hold On Tight

Mon, 01/19/2015 - 4:59pm

It's been more than four decades since Burton Malkiel published A Random Walk Down Wall Street. Eleven editions later, Malkiel hasn't wavered in his mantra of patience and broad investing.

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U.S. Solar Industry Sees Growth, But Also Some Uncertainty

Mon, 01/19/2015 - 3:09pm

The solar industry employs nearly 174,000 workers in the U.S., up 22 percent from a year ago. But the industry's future is murky, as government subsidies are set to expire within two years.

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