Business

9:21am

Fri April 13, 2012
Planet Money

What America Pays In Taxes

Originally published on Mon May 7, 2012 2:26 pm

Lam Thuy Vo / NPR
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7:05am

Fri April 13, 2012
The Two-Way

Tame Inflation Report Gives Federal Reserve Reason To Stay Easy

Originally published on Fri April 13, 2012 7:08 am

The news that consumer prices rose a relatively modest 0.3 percent in March from February supports "the view the U.S. Federal Reserve has room to provide more support for the economy if needed," Reuters concludes. It adds that:

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2:00am

Fri April 13, 2012
Your Money

Why Tax Day Falls On April 17 This Year

Originally published on Fri April 13, 2012 9:25 am

Tax day falls on April 17 this year, due to a little-known holiday in the District of Columbia.
iStockphoto.com

Every year, millions of Americans scramble to file their income taxes before the filing deadline — ordinarily April 15.

But procrastinators get a reprieve this year: The 2012 deadline falls on Tuesday, April 17.

This year, April 15 falls on a Sunday. One might expect that would make Monday, April 16, the 2012 filing deadline.

But not so this year. Monday is the District of Columbia's Emancipation Day — a local holiday unfamiliar to most Americans.

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2:00am

Fri April 13, 2012
Business

J.K. Rowling's Next Book: 'The Casual Vacancy'

J.K. Rowling's publisher has announced her book will be set in an English town, where the death of a councilman sets off "the biggest war the town has yet seen." The publisher is also likely hoping this title can conjure up Harry Potter-sized sales. The children's series has sold a record 450 million copies.

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8:24am

Thu April 12, 2012
U.S.

Where Does America Get Oil? You May Be Surprised

The U.S. now imports far more oil from Canada than from any other country. Persian Gulf imports now account for less than 15 percent of the oil consumed in the U.S. This photo shows the Syncrude oil sands extraction facility near Fort McMurray, Alberta, Canada, in 2009.
Mark Ralston AFP/Getty Images

Since the Arab oil embargoes of the 1960s and 70s, it's been conventional wisdom to talk about American dependence on oil from the Persian Gulf. But the global oil market has changed dramatically since then.

Today, the U.S. actually gets most of its imported oil from Canada and Latin America.

And many Americans might be surprised to learn that the U.S. now imports roughly the same amount of oil from Africa as it does from the Persian Gulf. African imports were a bit higher in 2010, while Persian Gulf oil accounted for a bit more last year.

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