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Morning News Brief: Immigration Debate, CFPB Changes

Mon, 02/12/2018 - 4:12am

The Senate takes the unusual step of starting an open-ended debate on immigration. The agency that makes sure consumers get a fair deal with financial institutions will make some radical changes.

Trump Administration To Defang Consumer Protection Watchdog

Mon, 02/12/2018 - 4:11am

The new head of the Consumer Financial Protection Bureau is making the agency less aggressive in its mission. An internal memo obtained by NPR says the CFPB will unveil a strategic plan to that end.

(Image credit: Carolyn Kaster/AP)

Stock Market Swings May Rock More Minds Than Wallets

Mon, 02/12/2018 - 4:00am

Many consumers will watch to see where the market swings this week. Few take a direct financial hit when the markets fall, but that can still affect attitudes about the economy — and the president.

(Image credit: Spencer Platt/Getty Images)

Trump To Unveil Long-Awaited $1.5 Trillion Infrastructure Plan

Sun, 02/11/2018 - 9:44pm

The proposal is expected to shift much of the funding burden onto states and local governments. Critics say that will lead to higher state and local taxes and an increased reliance on user fees.

(Image credit: Evan Vucci/AP)

Harvey Weinstein, His Brother And Their Company Hit With Civil Rights Lawsuit

Sun, 02/11/2018 - 5:40pm

New York Attorney General Eric Schneiderman's lawsuit threatens to unravel a reported sale of the Weinstein Company. The suit alleges violations of "civil rights, human rights, and business laws."

(Image credit: Yann Coatsaliou/AFP/Getty Images)

The Case Of The Mysterious Amazon Packages

Sun, 02/11/2018 - 7:02am

NPR's Lulu Garcia-Navarro talks with Ming Ooi, chief strategy officer at review-checking service Fakespot.com, about mystery Amazon packages showing up at the home of a retired Massachusetts couple.

Driver's Suicide Highlights 'Race To The Bottom' In Cab Industry, Union Director Says

Sat, 02/10/2018 - 7:02am

NPR's Scott Simon talks with Bhairavi Desai, executive director of the New York Taxi Workers Alliance, about a driver's suicide and the financial challenges drivers face in a changing economy.

(Image credit: Mark Lennihan/AP)

Despite Tumultuous Stock Market, Some Economists Say Inflation Threat Is Exaggerated

Fri, 02/09/2018 - 4:05pm

The economic expansion has come with high corporate profits, but barely any wage growth. Now, markets are in a tizzy over a a recent bump up in wages. But Germany has an even tighter job market without higher inflation, and one measure of job market tightness — the number of people who quit jobs to take new ones — remains low.

The Job Market Is Almost There

Fri, 02/09/2018 - 3:00pm

Today on the show: What our three favorite jobs numbers tell us about the state of the economy.

(Image credit: NPR)

Uber, Google's Waymo Settle Case Over Trade Secrets For Self-Driving Cars

Fri, 02/09/2018 - 11:17am

Representatives for both companies confirmed they reached a settlement valued at $245 million, ending a week of courtroom drama. Google had accused Uber of poaching its top self-driving engineer.

(Image credit: Jeff Swensen/Getty Images)

Jill Messick, Hollywood Producer Embroiled In Weinstein Scandal, Dies In Suicide

Fri, 02/09/2018 - 8:50am

Messick had been a manager for actor Rose McGowan in 1997, when McGowan says Weinstein raped her. "She became collateral damage in an already horrific story," the family says.

(Image credit: Kevin Winter/Getty Images)

U.S. Stock Market Opens Higher After A Tumultuous Week

Fri, 02/09/2018 - 8:40am

A day after dropping more than 1,000 points, the Dow rebounded Friday morning along with other indexes. Analysts cited concerns about inflation and ballooning government debt for the earlier drops.

(Image credit: Spencer Platt/Getty Images)

L.L. Bean Scraps Legendary Lifetime Return Policy

Fri, 02/09/2018 - 8:34am

In a letter to customers Friday morning, the company said it has updated its return policy to give customers one year to return purchases, with a receipt.

(Image credit: Robert F. Bukaty/AP)

Asian Markets Catch Wall Street's Cold

Fri, 02/09/2018 - 6:38am

For the second time this week, markets in Shanghai, Hong Kong and Japan followed 1,000-point plunges of the Dow with big sell-offs of their own.

(Image credit: Johannes Eisele/AFP/Getty Images)

Trump's Choice For New Ethics Chief Wins Praise: 'Somebody Who Plays It By The Book'

Fri, 02/09/2018 - 4:00am

Emory Rounds III is "somebody who plays it by the book," said former White House ethics counsel Richard Painter.

(Image credit: Mandel Ngan/AFP/Getty Images)

Stock Market Continues Swing Downward

Fri, 02/09/2018 - 3:52am

Stocks were down sharply on Thursday in a selloff that took the Dow Jones industrial average down more than 1,000 points.

News Brief: Government Funding Lapses, Market Volatility, Syria

Fri, 02/09/2018 - 3:52am

The federal government's funding lapsed after Sen. Rand Paul stalled a vote. Also, a look at recent swings in the stock market and how the fight against ISIS in Syria is getting more complicated.

Maine Dairy Drivers Settle Overtime Case That Hinged On An Absent Comma

Thu, 02/08/2018 - 9:11pm

"For want of a comma" in a state labor law, a federal appeals court had said that a group of Maine dairy drivers were eligible for overtime pay. A $5 million settlement has been reached.

Another Rout In The Stock Market, As Dow Drops More Than 1,000 Points

Thu, 02/08/2018 - 3:03pm

Wall Street's roller coaster continued Thursday, with all the major stock indexes posting drops of about 4 percent amid inflation concerns. The market has now tumbled 10 percent from its recent peak.

(Image credit: Richard Drew/AP)

The Market for Stolen Passwords

Thu, 02/08/2018 - 2:08pm

A stolen Amazon password costs $10. Bank of America is $25. What a price list discovered on the dark web says about about the market for your stolen passwords.

(Image credit: NPR)

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