Economy & Business

The Two-Way
4:50 pm
Mon December 15, 2014

Russia Boosts Interest Rates To 17 Percent Amid Currency's Slide

Originally published on Mon December 15, 2014 5:11 pm

Russia's central bank raised its interest rate to 17 percent from 10.5 percent in an early Tuesday decision that comes as the ruble continues its year as the world's worst-performing major currency.

"This decision is aimed at limiting substantially increased ruble depreciation risks and inflation risks," the Bank of Russia said in a statement on its website.

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Shots - Health News
10:01 am
Mon December 15, 2014

Small Businesses Drop Coverage As Health Law Offers Alternatives

Where are the health insurance deals? On the exchanges, many small businesses have concluded.
Bjorn Rune Lie Ikon Images/Getty Images

Originally published on Mon December 15, 2014 11:57 am

For two decades Atlanta restaurant owner Jim Dunn offered a group health plan to his managers and helped pay for it. That ended Dec. 1, after the Affordable Care Act made him an offer he couldn't refuse.

Subsidies under the health law for workers to buy their own coverage combined with years of rising costs in the company plan made dropping the plan an obvious — though not easy — choice.

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The Two-Way
9:57 am
Mon December 15, 2014

Book News: Apple Enters A New Round In E-Book Price-Fixing Fight

In its attempt to obtain a foothold in a market long dominated by Amazon, Apple ran afoul of antitrust law.
Spencer Platt Getty Images

The daily lowdown on books, publishing, and the occasional author behaving badly.

Apple is sliding back under the judicial microscope Monday in a legal challenge that could bear big implications for the e-book market. The 2nd U.S. Circuit Court of Appeals is slated to hear the company's appeal of a verdict that found it guilty of violating antitrust law.

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Planet Money
9:53 am
Mon December 15, 2014

How The Gender Pay Gap Has Changed (And How It Hasn't)

Quoctrung Bui/NPR

The pay gap between men and women has been narrowing for decades. But it persists, and it gets larger as women move toward the middle of their careers.

In a recent paper, Harvard economist Claudia Goldin looked at the gap in a bunch of different ways — how it's changed over time, how it changes over the course of people's careers, and how it varies from industry to industry.

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The Two-Way
9:52 am
Mon December 15, 2014

From Australia To France, Another Bad Day For Uber

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Screenshot

Originally published on Mon December 15, 2014 1:37 pm

Uber's troubles are mounting. The ride-sharing service was criticized in Australia after its "surge pricing" kicked in, quadrupling fares for some customers trying to flee the area in Sydney where a gunman took hostages in a cafe.

Here's a screenshot that one customer sent to Mashable with details of the increased fare:

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The Two-Way
9:11 am
Mon December 15, 2014

Families Of Newtown Victims Sue Rifle Manufacturer

A makeshift memorial with crosses for the victims of the Sandy Hook Elementary School massacre stands outside a home in Newtown, Conn., in December 2013, a year after the shootings.
Robert F. Bukaty AP

Originally published on Mon December 15, 2014 12:24 pm

Family members of some of the victims of the 2012 mass shooting at Sandy Hook Elementary School in Newtown, Conn., have filed a lawsuit against the manufacturer, distributor and seller of the rifle used by the gunman to kill 26 people.

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Planet Money
4:01 am
Mon December 15, 2014

YY Changes Its Tune After Karaoke Is A Hit

Originally published on Tue December 16, 2014 5:13 pm

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Business
4:01 am
Mon December 15, 2014

For This Holiday Season, Old Toys Are New Again

Originally published on Mon December 15, 2014 6:16 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

Business
4:01 am
Mon December 15, 2014

Texas Braces For A Drop In Production After Oil Prices Fall

Originally published on Mon December 15, 2014 6:16 am

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

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Politics
3:19 am
Mon December 15, 2014

'Warning Shot': Sen. Warren On Fighting Banks, And Her Political Future

Sen. Elizabeth Warren, D-Mass. (right), a member of the Senate banking committee, and Rep. Maxine Waters, D-Calif., ranking member of the House financial services committee, express their outrage to reporters that a $1.1 trillion spending bill that was passed in Congress contains changes to the 2010 Dodd-Frank law that regulates complex financial instruments known as derivatives.
J. Scott Applewhite AP

Originally published on Tue December 16, 2014 5:20 pm

Updated at 9:30 a.m. ET

Sen. Elizabeth Warren failed to stop a change in bank regulations last weekend, but she raised her profile yet again.

The Massachusetts Democrat tells NPR that her fight over a provision in a spending bill was a "warning shot." She intends to continue her fight against what she describes as the power of Wall Street, even though that fight brought her to oppose leaders of her own party.

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