Economy

U.S. authorities seized approximately $20 million in cash hidden inside a box spring in apartment in Westborough, Mass., on Jan. 4.

Feds Find $20 Million Hidden Under A Mattress In Massachusetts

4:21pm January 24, 2017

by Merrit Kennedy

The box spring full of cash was discovered during an investigation linked to a massive pyramid scheme. U.S. agents arrested a Brazilian man on a charge of conspiring to commit money laundering.

Republicans are arguably more prepared for a potential tax overhaul, which they have been formulating for years.

Republicans Eye 'Once In A Generation' Chance At Tax Overhaul

4:21pm January 24, 2017

by Susan Davis

House Ways and Means Committee Chairman Kevin Brady, R-Texas, discussed plans to revamp the federal tax code Tuesday morning, including a dramatic drop in corporate taxes and restructuring the IRS.

Medical debt is the most common reason for collection calls, a federal study found.

Medical Debt Is Top Reason Consumers Hear From Collection Agencies

2:45pm January 24, 2017

by Michelle Andrews

The Consumer Financial Protection Bureau reports that 59 percent of people contacted by a debt collector had outstanding medical bills. Telecommunications and utility bills trailed far behind.

Inauguration Day 2017: The View From The White House, Mall

2:32pm January 24, 2017

Morning Edition hosts talk through Inauguration events with NPR's Scott Horsley at the White House, and check in on activity on the National Mall with NPR's Pam Fessler.

The Food and Drug Administration headquarters in Silver Spring, Md. The FDA is one of a number of federal agencies with wide-ranging regulatory power intended to protect Americans.

President Trump To Cut Regulations By '75 Percent' — How Real Is That?

1:21pm January 24, 2017

by Chris Arnold

The president greeted business leaders on his first full weekday in office by promising to eliminate three-fourths of federal regulations. Easier said than done. Much easier.

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A federal judge has ruled against Aetna's proposed merger with its rival, Humana.

Judge Blocks Health Care Merger, Saying It Would Hurt Competition

5:35pm January 23, 2017

by Rebecca Hersher

In his decision, Judge John Bates said he believed health insurance giant Aetna had tried to leverage its original support for Obamacare to get federal approval for its acquisition of rival Humana.

President Trump signs the executive orders in the Oval Office on Monday, including a withdrawal from the Trans-Pacific Partnership trade deal.

Trump Signs 3 Memorandums, Including Withdrawal From Pacific Trade Deal

5:35pm January 23, 2017

by Brian Naylor

The order is mostly symbolic; the Trans-Pacific Partnership was never ratified. Trump also signed a hiring freeze and reinstated a policy restricting funding for international family planning groups.

President Trump delivers opening remarks during a meeting with (from left) Wendell Weeks of Corning, Alex Gorsky of Johnson & Johnson, Michael Dell of Dell Technologies and other business leaders in the Roosevelt Room at the White House on Monday.

Trump Promises Tax Cuts, Less Red Tape — So Long As Businesses Stay In U.S.

1:39pm January 23, 2017

by Scott Horsley

The president met with corporate executives on Monday, promising tax cuts and regulatory relief. But he also warned CEOs against moving jobs to other countries.

Ohio Gov. John Kasich, shown at a White House event in November, met with GOP members of the Senate Finance Committee last week for a closed-door discussion about the health care law.

Meet The Republican Governors Who Don't Want To Repeal All Of Obamacare

12:40pm January 23, 2017

by Nick Castele

Eleven states with GOP governors expanded Medicaid under the Affordable Care Act. Now those governors want to make sure the expansion isn't unwound if the ACA is repealed.

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Senate Panel Peppers Treasury Secretary Designate Mnuchin With Questions

10:40am January 20, 2017

by John Ydstie

Steve Mnuchin ran into sharp criticism at his confirmation hearing on Thursday. Most of it had to do with his role as the CEO of a bank that critics say turned into a foreclosure machine.

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