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Updated: 1 hour 14 min ago

Trump Strikes Deal With Carrier To Keep Jobs In U.S.

Wed, 11/30/2016 - 3:29pm

Carrier says it will keep about 1,000 jobs in Indiana instead of shifting production to Mexico. Donald Trump repeatedly singled out Carrier during his campaign and made stopping the move a priority. Now there is great interest in how Trump and Vice President-elect Mike Pence persuaded the company to reverse its decision.

Postelection Stock Market Rise Shocks Prominent Economists

Wed, 11/30/2016 - 3:29pm

Before the election, two prominent economists were predicting that the stock market would fall 12 percent lower if Trump won versus Clinton. But, as it often does, the market surprised everybody and went in the other direction.

Trump Says He Will Leave Business To Fully Focus On Presidency

Wed, 11/30/2016 - 3:29pm

President-elect Trump tweeted Wednesday morning that he is drafting "legal documents...[to] take me completely out of business operations." He said he will hold a press conference in two weeks with his children to explain it. Many ethics experts say he would need to liquidate all of his holdings and sell them to non-family members to avoid conflicts. At this point, his plans are unclear.

Trump's Ties To Deutsche Bank Present Possible Conflict Of Interest

Wed, 11/30/2016 - 3:29pm

NPR's Audie Cornish talks to Jesse Eisinger, a senior reporter for ProPublica covering Wall Street, about Trump's connections to Deutsche Bank.

Not A Hack: U.S. Office Of Government Ethics Tweets At Trump

Wed, 11/30/2016 - 3:24pm

In an odd sequence of events, the federal ethics watchdog praised Trump in a series of snarky tweets for allegedly deciding to divest his businesses — something he hasn't specifically promised.

OPEC Agrees To First Cut In Oil Production Since 2008

Wed, 11/30/2016 - 10:21am

With the cut, OPEC's production will drop by 1.2 million barrels daily to 32.5 million barrels. The deal takes effect at the start of 2017.

Trump Says He Will Pull Back From Businesses But Offers No Details Yet

Wed, 11/30/2016 - 8:26am

In a series of tweets, President-elect Donald Trump tried to tamp down growing concerns that he will not separate his vast global business interests from his role as head of the U.S. government.

Trump Taps Billionaire Investor Wilbur Ross For Commerce Secretary

Wed, 11/30/2016 - 6:29am

Wilbur Ross Jr. is a donor and longtime associate of Trump's. Ross has grown rich by buying troubled companies and restructuring them with layoffs and budget cuts.

Trump Picks Steve Mnuchin To Lead Treasury Department

Wed, 11/30/2016 - 6:16am

Mnuchin is a hedge fund CEO and longtime Wall Street banker. His involvement in the spike in foreclosures following the housing market's crash could complicate his confirmation.

ExxonMobil Vs. The World

Wed, 11/30/2016 - 4:13am

Oil companies once led in climate science; if they put a fraction of their profits into the search for alternative renewable fuels, they could ensure our collective well-being, says Marcelo Gleiser.

Former Commerce Secretary Gutierrez Weighs In On Free Trade, Cuba

Wed, 11/30/2016 - 4:07am

Steve Inskeep talks to Carlos Gutierrez, who served as Secretary of Commerce under George W. Bush, who discusses the future of free trade and U.S.-Cuba relations under President-elect Donald Trump.

Steve Mnuchin Expected To Lead Treasury In Trump Administration

Wed, 11/30/2016 - 4:07am

Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution and a contributing correspondent to The Wall Street Journal, about Steve Mnuchin's qualifications.

Millions Of People Are Having An Easier Time Paying Medical Bills

Tue, 11/29/2016 - 11:02pm

The number of people who say they are struggling to pay medical bills has dropped by 13 million in the past five years, a study finds. An improving economy and the Affordable Care Act are why.

Carrier, Trump Reach Deal To Keep Manufacturing Jobs In U.S.

Tue, 11/29/2016 - 8:18pm

Roughly half of the jobs originally slated to move to Mexico will stay at the air-conditioning company's Indianapolis plan. Trump made the company's decision a major campaign talking point.

Trump's Potential Treasury Secretary Headed A 'Foreclosure Machine'

Tue, 11/29/2016 - 4:27pm

During the financial crisis Steve Mnuchin was working to make profits from the ruins of the housing bust. He assembled investors who bought IndyMac, a failed bank that had been taken over by the FDIC.

Law Professor Explains Why Trump Can't Hold Lease On New D.C. Hotel

Tue, 11/29/2016 - 3:26pm

NPR's Ari Shapiro talks with Steven Schooner, professor of government procurement law at George Washington University, about his op-ed in Government Executive magazine calling on the General Services Administration to end the Trump Organization's lease of the Old Post Office Pavilion, the site of the new Trump hotel on Pennsylvania Avenue in Washington, D.C.

Rep. Elijah Cummings Leads Call To Investigate Trump's Business Entanglements

Tue, 11/29/2016 - 3:26pm

NPR's Audie Cornish talks to Maryland Democrat Elijah Cummings, ranking member of the House Oversight Committee, about efforts to launch an investigation into potential conflicts of interest associated with Donald Trump's businesses.

For Trump's White House Lawyer, Policing Conflicts Will Be 'Massive Undertaking'

Tue, 11/29/2016 - 3:22pm

President-elect Trump selected Don McGahn, an elections lawyer, to be his White House counsel. The job involves anticipating and preventing scandals.

Environmentalists Gird For Battle With A Trump Administration

Tue, 11/29/2016 - 2:41pm

President-elect Donald Trump has vowed to rescind some environmental regulations. Environmentalists are planning ways to keep a new administration from rolling back eco-rules.

Law Professor: Trump Can't Hold Lease On His Hotel Near White House

Tue, 11/29/2016 - 1:36pm

Donald Trump has a 60-year lease on his new hotel, just a few blocks from the White House. But its terms say no elected U.S. official shall benefit from the lease.

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