Jul 14 Watch Citigroup to pay $7 billion for 'egregious misconduct' leading up to financial crisis By PBS News Hour The Justice Department announced a $7 billion settlement with Citigroup over “egregious misconduct” related to mortgage securities in the lead-up to the financial crisis. Judy Woodruff gets details from Tony West, associate attorney general at the Department of Justice and… Continue watching
Jul 14 How Social Security should guide when you marry a younger partner By Laurence Kotlikoff When there's an age difference between partners, and one is eligible for Social Security long before the other, when should the couple tie the knot? Social Security expert Larry Kotlikoff advises one man how to maximize his own benefits and… Continue reading
Jul 14 The Dow may be above 17,000, but not for long By Terry Burnham A year after economist Terry Burnham predicted the Dow Jones Industrial Average would hit 5,000 before 20,000, it closed above 17,000 Monday. But Burnham is sticking by his call, introducing a scorecard to track the macroeconomic policies underlying the impending… Continue reading
Jul 14 Swiss Lindt buys Russell Stover By Jordan Vesey Swiss chocolate giant Lindt & Spruengli agreed on a billion-dollar deal to buy U.S. candy maker Russell Stover. The partnership makes Lindt the third largest chocolate maker in North America behind Hershey and Mars, owning 7.9 percent of the market. Continue reading
Jul 14 U.S. reputation survives spying revelations, poll finds By Matthew Pennington, Associated Press WASHINGTON — Widespread global opposition to U.S. electronic surveillance since the revelations by onetime National Security Agency contractor Edward Snowden has not badly tarnished the overall image of the United States, and it remains far more popular around the world… Continue reading
Jul 14 Bill would expedite removal of child migrants from Central America By Erica Werner, Associated Press WASHINGTON — Two Texas lawmakers are teaming up on a bill to speed removals of the unaccompanied Central American kids who’ve been arriving by the tens of thousands at the U.S.-Mexico border. Continue reading
Jul 14 Former Taliban captive Bergdahl returns to Army duty By Robert Burns, Associated Press WASHINGTON — Bowe Bergdahl, the Army sergeant who spent nearly five years as a Taliban captive in Afghanistan, was returned to regular duty Monday with a desk job that makes him available to Army investigators for questioning about his disappearance… Continue reading
Jul 14 Obama to push Congress for transportation funds By Associated Press WASHINGTON — President Barack Obama will press Congress this week to keep highway and transit aid flowing to states. Continue reading
Jul 14 Is giving money to poor countries doing more harm than good? By Gregory Clark In designing aid, there's a natural tendency to address immediate needs, economic historian Gregory Clark tells Paul Solman in the fifth and final part of their conversation about his 2007 book, "A Farewell to Alms." But without economic growth first,… Continue reading
Jul 13 Scrapping by: How much metal would it take to make minimum wage? By Connie Kargbo Although illegal scrapping typically makes the headlines, there are also legal ways to scrap for a living. NewsHour wondered: How much metal would a scrapper need to collect to make the minimum wage?… Continue reading