Economy

QuadrigaCX says it can't reach millions of dollars' worth of bitcoin and other cryptocurrency after its CEO died during a December trip to India. The CEO's laptop is encrypted, the company says.

Economy

Cryptocurrency Exchange Says It Can't Access Millions After CEO Unexpectedly Died

6:18pm February 04, 2019

by Bill Chappell

The QuadrigaCX cryptocurrency exchange says its founder and CEO, Gerald Cotten, was the only one who knew crucial passwords to access some $190 million in bitcoin and other funds.

Bennett College Exceeds Fundraising Goal In Effort To Save Accreditation

4:35pm February 04, 2019

by Bethany Chafin

The Annie Merner Pfeiffer Chapel erupted in cheers as President Phyllis Worthy Dawkins announced Monday that Bennett College had raised $8.2 million.

A college degree can be the foundation for moving up in social class.

Heavy Student Loan Debt Forces Many Millennials To Delay Buying Homes

4:27pm February 04, 2019

by Yuki Noguchi

The Federal Reserve says the big increase in student loan debt is creating a noticeable dent in younger people's ability to buy homes. But economists say millennials may eventually catch up.

Frigid temperatures arrived in the Upper Midwest with a polar vortex. In Chicago on Wednesday, Marius Radoi walked along a freezing Lake Michigan.

Economy

Cold-o-nomics

3:50pm February 04, 2019

Parts of America are in the grip of a cold snap. Others are being drenched by rain. How do we measure the cost of extreme weather conditions? We called a scientist to find out.

Bennett College Receives $1 Million Gift From High Point University

8:39am February 02, 2019

by Bethany Chafin

On the last day of fundraising to save its accreditation, Bennett College received a major gift from a neighboring school.

Economy

The Jobs Friday 5

5:30pm February 01, 2019

Jobs: Is the economy creating enough of them? Are they paying more than they used to? Do people have the jobs they want? All this and more.

Friday News Roundup - International

3:57pm February 01, 2019

National Security Advisor John Bolton says "all options are on the table" for American military intervention in Venezuela.

Workers build bed frames at a factory in Commerce, Calif., near Los Angeles, in 2017. In January, the economy added a bigger-than-expected 304,000 jobs, including 13,000 in manufacturing.

U.S. Added 304,000 Jobs In January; Shutdown Boosted Unemployment To 4 Percent

2:01pm February 01, 2019

by Avie Schneider

Job growth picked up for the 100th consecutive month even as hundreds of thousands of federal workers were furloughed during the partial government shutdown. Wage growth held steady.

Queue Listen Now

Chart: China Is A Top Borrower From The World Bank

Flush With Cash, China Continues to Borrow Billions From The World Bank

8:00pm January 31, 2019

by Jason Beaubien

From an economic standpoint, China does not need World Bank loans. So why is it still a top borrower?

Economy

Lights Out For PG&E?

5:36pm January 31, 2019

How the once fairly-stable business of public utilities is changing.