Economy

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The ground war between FedEx and UPS

A brief provision in an airline safety bill has prompted a heated, and confusing, public spat between shipping giants UPS and FedEx.

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U.S. lags behind its rivals in college degrees, especially in the south

President Obama warned that the U.S. economy may suffer from low rates of college graduation. The problem is especially stark in the south, where few adults aged 25 to 34 obtain degrees.

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  Living large: A look inside the tiny house movement

Need to Know visited one of the leaders of the “tiny house” movement, Dee Williams, who lives in a simple but stylish 84 square-foot home in Olympia, Washington.

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‘Disappearmarks,’ or what ever happened to that $6 billion for transportation?

Remember your old friend, The Bill? That lovable “Schoolhouse Rock” character? Well … He’s gone missing. And the ransom: $6.5 billion. Or he gets it. Maybe that’s a little extreme. But, the Sunlight Foundation, a nonprofit government watchdog, reported this week that there was “$6.5 billion worth of unspent earmarks from the most recent transportation [...]

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  Elizabeth Warren on the next real estate crisis

Alison Stewart sits down with Elizabeth Warren, attorney, Harvard Law professor and chair of the Congressional Oversight Panel, in a Blueprint America special report about the potential of a national commercial real estate foreclosure crisis.

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Why the Dodd-Frank act is a valuable step forward

Need to Know’s Sam Weber on why the Dodd-Frank Wall Street Reform Act represents a seismic shift in the regulatory framework of our financial system.

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  The battle over unemployment

Chrystia Freeland, global editor at large for Reuters, talks with Jon Meacham about the nation’s 9.5 percent unemployment rate, and the debate over how to fix the economy.

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Prospects remain grim for the long-term unemployed

Too young to retire, but too old to be hired. As Congress fails to pass a new unemployment benefits extension, some unemployed wonder, what now?

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Remembering Robert C. Byrd

The West Virginia Democrat, who died on Monday at the age of 92, was a formidable autodidact, known for including Shakespearean allusions in his speeches on the Senate floor.

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Financial-reform bill greeted by mixed reviews

Just over a year after President Obama unveiled his proposal for financial reform and well over two years since the collapse of Bear Stearns, Congress is poised to pass a sweeping overhaul of the way Wall Street is regulated. After 20 hours of nearly continuous negotiations, House and Senate conferees, led by Sen. Chris Dodd  [...]

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Recovery.gov provides a wealth of information on stimulus spending

In case you’re wondering where the stimulus package money has gone, a handy government website is keeping tabs.

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  America’s modern gold rush

Gillian Tett, the U.S. managing editor of The Financial Times, talks about the latest fascination with gold in America, and whether gold is actually a good investment.