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Updated: 7 min 36 sec ago

As RushCard Problems Linger, Federal Consumer Protection Group Steps In

Fri, 10/23/2015 - 4:41pm

After hundreds of thousands of RushCard customers were unable to access their money, the Consumer Financial Protection Bureau said Friday that it's taking "direct action" to "make consumers whole."

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'Consumer Reports' Pulls Tesla Model S Recommendation

Fri, 10/23/2015 - 3:30pm

Tesla — the electric car company beloved by environmentalists and the auto press — has hit a rough patch. A rave review from Consumer Reports has been reversed, and now Tesla's Model S is no longer recommended by the magazine. A self-driving feature introduced recently has also led to some hair raising moments behind the wheel documented online.

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It's Not Just VW: A Robust Market For Reprogramming Vehicles

Fri, 10/23/2015 - 3:30pm

An entire marketplace exists on the Internet for tuners, devices that help drivers crank up the power on vehicles and then hide the evidence. We visit a local diesel shop to see how it works.

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How Do You Make $3 Trillion Disappear? The Fed Will Soon Find Out

Fri, 10/23/2015 - 3:30pm

The Planet Money team explains how to make $3 trillion disappear, which is what the Federal Reserve will be trying to do. It created the money after the financial crisis to try to help the economy and lower interest rates. But now that the economy is improving the money could eventually create inflation or cause bubbles.

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New Orleans Urges Sales Tax Hike Support To Fund French Quarter Police

Fri, 10/23/2015 - 3:30pm

New Orleans has had its fair share of high-profile crime problems. Now residents are set to vote on a sales tax hike to fund more state police officers in the French Quarter.

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Twitter CEO Gives Employees $200 Million Of His Own Stock

Fri, 10/23/2015 - 10:05am

A week after announcing layoffs, Jack Dorsey says he's giving a third of the stock he owns in Twitter to be distributed among its employees.

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4 Ways The Oval Office Isn't Like The Corner Office

Fri, 10/23/2015 - 9:03am

CEOs have it easy when it comes to hiring and firing. Presidents get Air Force One.

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China Cuts Interest Rates By Quarter Of A Percentage Point

Fri, 10/23/2015 - 7:39am

Faced with a slowing economy, China's central bank has cut its benchmark rate for deposits and loans by 0.25. It's the sixth time the bank has sliced rates since last November.

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