Business

3:14am

Fri August 3, 2012
Business

A Bad Day For The Royal Bank Of Scotland

Originally published on Fri August 3, 2012 3:30 am

RBS, the Royal Bank of Scotland, is already in a tough spot. It's among several banks being investigated for allegedly rigging the interbank lending rate known as LIBOR. As Steve Inskeep reports, Friday it warned that it faced several potential lawsuits over those allegations.

3:14am

Fri August 3, 2012
Economy

July Jobs Report: A Political Analysis

Originally published on Fri August 3, 2012 3:30 am

The Labor Department announces the number of jobs added in July and the national unemployment rate Friday. NPR's Scott Horsley joins Renee Montagne to talk about the report and the consequences for the presidential race.

3:14am

Fri August 3, 2012
Business

Women On The Board Make For Better Business

Originally published on Fri August 3, 2012 3:30 am

The last word in business: women's intuition. Research shows that the stocks of companies that include women on their board of directors do better than companies with all-male boards. Renee Montagne and Steve Inskeep explain the report.

3:14am

Fri August 3, 2012
Business

In N.Y.C., Private Sector To Invest In Social Issues

Originally published on Fri August 3, 2012 3:30 am

New York City officials are experimenting with a new way to fund social programs normally paid for with tax dollars. New York City officials say the prison intervention program could keep many of the nearly four thousand adolescent males that enter the jail system each year from returning. WNYC's Colby Hamilton reports Goldman Sachs is set to make a nearly $10 million investment in a social impact bond.

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1:30am

Fri August 3, 2012
Planet Money

Keeping The Biggest Secret In The U.S. Economy

Originally published on Fri August 3, 2012 8:04 am

In one part of the BLS offices, a supervisor rings this bell to let employees know that it is officially 8:30 AM.
Bureau of Labor Statistics

The single most important number in the U.S. economy comes out on the first Friday of each month at 8:30 a.m. That's when the government reports how many jobs were added or gained in the previous month.

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