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Updated: 1 hour 38 min ago

Will Bad Jobless Data Spur Action On Unemployment Insurance?

Fri, 01/10/2014 - 6:17pm

Just as the Senate seemed to descend into another round of partisan gridlock, this time over extending emergency jobless benefits, the arrival of a surprisingly weak December jobs report raised the pressure on lawmakers to act.

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American Beer Fans, Praise The Heavens: A Trappist Brewery In U.S.

Fri, 01/10/2014 - 3:54pm

Trappist monks are known for producing some of the world's finest beers. But until recently, all of them were brewed in Europe. Next week, Spencer Trappist Ale, made by the monks of St. Joseph's Abbey in Massachusetts, hits retail shelves.

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How A Community Bank Tripped On Footnote 1,861 Of The Volcker Rule

Fri, 01/10/2014 - 3:00pm

An obscure provision in the finance overhaul is causing problems for small banks. It turns out, it's hard to figure out which risks banks should be allowed to take.

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Tech Companies 'Gob-Smacked' To Find NSA Collecting Data

Fri, 01/10/2014 - 3:00pm

Steven Levy, senior writer for Wired, has written an article called "How the NSA Almost Killed the Internet." He tells Audie Cornish about what he learned from security personnel at many of the top tech companies. They claim that they were surprised to learn of the National Security Agency's data gathering.

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For Target, Holiday Woes Are Worse Than Expected

Fri, 01/10/2014 - 3:00pm

Target announced that the data breach late last year was even worse than originally reported. Personal information, including phone numbers and email addresses, from as many as 70 million customers may have been compromised. On top of that, Target says that the revelation of the data breach depressed fourth-quarter sales during the holiday season.

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December Jobs Report Disappoints

Fri, 01/10/2014 - 3:00pm

The monthly jobs report released Friday morning was a disappointment. Economists were expecting 200,000 new jobs. Employers actually added just 74,000. The unemployment rate did fall to 6.7 percent, but it was mainly because many people dropped out of the labor force.

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From Alaska To Arkansas, Minimum Wage Activists Solicit Support

Fri, 01/10/2014 - 3:00pm

Raising the minimum wage has become a focus for Democrats both in Washington and across the country. More than a dozen states are considering ballot initiatives this year that would substantially increase the minimum wage in their jurisdictions.

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Tech Week That Was: CES, T-Mobile CEO And Predictions For 2014

Fri, 01/10/2014 - 2:11pm

In this first full week of 2014, tech headlines came fast and furiously out of the Consumer Electronics Show in Vegas, and beyond.

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What's Behind The Drop In Unemployment

Fri, 01/10/2014 - 1:43pm

The unexpected dip to 6.7 percent may seem like good news, but the rate slid in December in part because the country found itself with a smaller workforce as people retired or just dropped out. At the same time, most of the jobs being created are in low-wage industries.

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Why Getting A Job Doesn't Mean Getting Out Of Poverty

Fri, 01/10/2014 - 10:00am

The nation's unemployment rate dipped in December, but most job growth is happening in low-wage industries like retail. So are low-wage jobs really lifting people out of poverty? Host Michel Martin speaks with NPR Senior Business Editor Marilyn Geewax and historian Stephen Pimpare.

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Cuba, Land Of The $250,000 Family Sedan

Fri, 01/10/2014 - 8:35am

For the first time in five decades, the Cuban government has begun selling new and used vehicles to anyone who can afford them. But with used Volkswagen Passats priced at $70,000 and a 2013 Peugeot sedan priced at $250,000, it's pretty clear the Castro government doesn't really want to sell them. Why?

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Target Says 70 Million Individuals' Data May Have Been Stolen

Fri, 01/10/2014 - 7:28am

The number of people affected by a data breach during the holiday shopping season has increased dramatically. Target says customers names, mailing addresses, phone numbers or email addresses were taken. It's offering free credit monitoring and "zero liability" for any fraudulent charges.

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Will Last Jobs Report For 2013 Offer Hopeful Signs For 2014?

Fri, 01/10/2014 - 7:15am

The figures on job growth and unemployment in December are due this morning. Economists expect to hear that slow, steady growth continued and that the jobless rate held steady. If so, those would be hopeful signs for the new year.

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Chemical Leak Causes Water Emergency In West Virginia

Fri, 01/10/2014 - 6:00am

A chemical used to wash coal seeped into the Elk River near Charleston on Thursday. Customers in more than 100,000 homes and businesses that get their water from one local company have been advised not to drink, wash or bathe with what's coming from their taps. More than 480,000 people live in the affected area.

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Bitcoin Takes Stage In Texas Campaign

Fri, 01/10/2014 - 6:00am

A Texas congressman announced that he'll be accept campaign donations in bitcoin, and it raises questions on the value of the virtual currency in politics.

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Minimum Wage Loses Ground Since Its Banner Year In 1968

Fri, 01/10/2014 - 4:00am

When President Lyndon Johnson launched the War on Poverty 50 years ago, part of it was a pushed to increase the nation's minimum wage. Low-wage workers actually saw their purchasing power peak while Johnson was in office.

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Job Market Seems To Be Warming But It's Still Slow Going

Fri, 01/10/2014 - 4:00am

It's been a cold December for much of the country, but there are signs the job market may finally be heating up. The government releases its monthly unemployment report on Friday.

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Minimum Wage Loses Ground Since Its Banner Year In 1968

Fri, 01/10/2014 - 4:00am

This week, we've been looking back at the legacy of the "War on Poverty," launched by President Lyndon Johnson, 50 years ago. Johnson also pushed to increase the nation's minimum wage. Low-wage workers actually saw their purchasing power peak while Johnson was in office. Adjusting for inflation, minimum wage workers earn less today than they did in the late 1960s.

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The Last Word In Business

Fri, 01/10/2014 - 4:00am

Steve Inskeep and David Green have the Last Word in business.

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Safety Group Sues Buckyballs Founder In Product Recall Case

Fri, 01/10/2014 - 4:00am

The government is going after Craig Zucker, the creator of a "desk toy" consisting of small round magnets that wound up being swallowed by a lot of children. The Consumer Product Safety Commisision initiated a recall but rather than go along, Zucker shut down his company.

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