Economy

Auto dealers are extending loans to a growing number of people with weak credit.

Auto Loan Surge Fuels Fears Of Another Subprime Crisis

3:41pm February 03, 2015

by Jim Zarroli

Dealers are extending loans to a growing number of people with weak credit, and more of them are having trouble making payments. The situation is evoking comparisons to the subprime mortgage boom.

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Economy

Bankuptcy Filings Decrease In Triad

1:54pm February 03, 2015

by Neal Charnoff

Fewer people filed for bankruptcy in the Piedmont Triad in 2014 than any year in the past decade. Analysts are split as to what this means for the local economy.

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With Oil Prices So Low, What's That Fuel Surcharge For, Exactly?

12:27pm February 03, 2015

by Susanna Capelouto

Many transportation and delivery companies began adding fuel surcharges when oil prices shot up a few years ago. Now, the cost of oil has plunged — but many of those fuel fees still linger.

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Justice Dept. Settles S&P Lawsuit

12:27pm February 03, 2015

by Jim Zarroli

Standard and Poor's is expected to settle a lawsuit brought by the Justice Department over the quality of the firm's ratings during the years before the financial crisis.

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S&P Pays Nearly $1.38B To Settle Mortgage Crisis Claims

11:34am February 03, 2015

by Bill Chappell

S&P parent company McGraw Hill Financial will make two payments of $687.5 million: one to the U.S. Justice Department and another to 19 states and the District of Columbia.

Co-workers gather around the conference table for a tumultuous meeting.

Economy

And So We Meet, Again: Why The Workday Is So Filled With Meetings

3:59pm February 02, 2015

by Yuki Noguchi

As workers find themselves buried in meetings, and meetings preparing for meetings, experts say they're often a waste. Blame this "weapon of mass interruption" on office culture and poor leadership.

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New apartment buildings are replacing empty lots in Mantua, one of Philadelphia's poorest neighborhoods.

University Re-Imagines Town And Gown Relationship In Philadelphia

5:40am February 02, 2015

by Hansi Lo Wang

Drexel University is taking a hands-on approach to redeveloping one of Philadelphia's poorest neighborhoods with a new center designed to serve not just students but mainly local residents.

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German Chancellor Angela Merkel stands in front of a poster showing a new two-euro commemorative coin at the Chancellery in Berlin, Germany, on Thursday.

Merkel: No Relaxing Of Terms On Greek Debt

4:49pm January 31, 2015

by Scott Neuman

The German chancellor says she wants to keep Athens in the eurozone, but that EU lenders have already made substantial concessions on the terms of the bailout.

Economy

We Shorted America!

11:02am January 31, 2015

by David Kestenbaum

Most people don't bet that stocks will fall in value, and we wondered why. So we decided to short something ourselves.

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Republican Gov. Rick Snyder Turns To Voters To Approve Tax Increase

6:29pm January 30, 2015

Some states are experiencing major budget deficits and several Republican governors are opting to increase taxes to make up for the shortfall. Michigan Gov. Rick Snyder talks to Robert Siegel.

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