News From NPR

Business
2:56 am
Thu October 10, 2013

When It Comes To Jobs, Not All Small Businesses Make It Big

Sweetgreen co-founders Nathaniel Ru (from left), Jonathan Neman and Nicolas Jammet at the opening of a Virginia location last year.
Courtesy of Sweetgreen

Originally published on Wed October 16, 2013 4:38 pm

Part of a series about small businesses in America

When it comes to job creation, politicians talk about small businesses as the engines of the U.S. economy. It's been a familiar refrain among politicians from both major parties for years.

But it obscures the economic reality. It makes a nice slogan, but it's not really accurate to say that small businesses produce most of the nation's new jobs, says John Haltiwanger, an economics professor at the University of Maryland.

Read more
It's All Politics
7:04 pm
Wed October 9, 2013

What To Call The Most Powerful Central Banker In The World

President Obama's nominee to lead the Federal Reserve, Janet Yellen, stands in the State Dining Room of the White House on Wednesday. If Yellen's nomination is confirmed by the Senate, she'll be the first woman to head the Federal Reserve System.
Charles Dharapak AP

Originally published on Wed October 9, 2013 8:10 pm

Janet Yellen got the official nod from President Obama Wednesday afternoon for the Fed's top spot. If Yellen's nomination is confirmed by the Senate, she'll be the first woman to head the Federal Reserve System and the most powerful central banker in the world.

But since she would be the first woman to get the job, just what exactly would her title be? Chair? Chairman? Chairwoman?

Yellen would replace Ben Bernanke, whose official salutation is chairman of the Board of Governors of the Federal Reserve System.

Read more
It's All Politics
7:04 pm
Wed October 9, 2013

Shutdown Diary: Paul Ryan's Plan Gets Tea Party Pushback

Rep. Paul Ryan, R-Wis., offered a path forward in the fiscal stalemate, but Tea Party hard-liners weren't impressed.
Mark Wilson Getty Images

Originally published on Wed October 9, 2013 7:13 pm

Are House Republicans still seeking Democratic concessions on the Affordable Care Act? Or have they switched their sights to even bigger targets: federal spending on entitlements like Medicare and Social Security?

The answer on Wednesday depended on which Republican you asked.

Paul Ryan's Pitch

Read more
Business
7:02 pm
Wed October 9, 2013

Yellen Faces A Tough Job At The Fed From Day 1

President Obama stands with Janet Yellen, his choice to lead the Federal Reserve Board, at the White House on Wednesday.
Charles Dharapak AP

Starting a new job is always tough. You want early success to prove you really were the right pick.

That's especially true if you happen to be the first woman to hold that job. Ever.

So when President Obama on Wednesday nominated Janet Yellen to lead the Federal Reserve, she might have had two reactions: 1) Yippee and 2) Uh-oh.

Read more
The Two-Way
6:36 pm
Wed October 9, 2013

The Nuclear Regulatory Commission Temporarily Closes

Homes sit next to the Exelon Bryon Nuclear Generating Stations in Bryon, Ill.
Jeff Haynes AFP/Getty Images

The Nuclear Regulatory Commission, which oversees the nation's one hundred nuclear reactors, has announced it will temporarily close its doors on Wednesday evening, due to the government shutdown. Safety operations will not be affected.

Read more

Pages