Business

9:55am

Wed February 22, 2012
The Two-Way

Sales Of Existing Homes At Highest Level In Nearly Two Years

There were 4.3 percent more existing homes sold in January than in December, and the 4.57 million annual rate was the highest since May 2010, the National Association of Realtors reports.

Sales have gone up three of the past four months.

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6:20am

Wed February 22, 2012
The Two-Way

Obama Administration To Propose Cut In Corporate Tax Rate

The Obama administration is today going to propose a cut in the corporate tax rate from 35 percent to 28 percent, according to multiple reports. NPR's Scott Horsley notes that the president also wants to scale back some deductions that businesses now get. So, the overall effect of any such changes could be "revenue neutral" and keep corporations' share of the nation's tax burden unchanged, Scott says.

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10:01pm

Tue February 21, 2012
Business

New Consumer Agency Eyes Bank Overdraft Fees

Originally published on Wed February 22, 2012 7:49 am

Customers use Bank of America ATMs in New York. The head of the Consumer Financial Protection Bureau says it is looking into ways to help consumers limit their exposure to banks' overdraft fees.
Mark Lennihan AP

The Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. The new agency will be seeking data from banks about how they handle overdrawn accounts, and how they assess fees. The agency plans to use this information to help consumers limit their exposure to these costly charges.

The CFPB estimates that last year, banks made between $15 billion and $22 billion from overdraft fees.

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4:53pm

Tue February 21, 2012
The Two-Way

Americans Shell Out More At The Pump For Gasoline

A gas pump in Portland, Oregon.
Rick Bowmer AP

Drivers are reaching deeper into their wallets to pay for gas and some parts of the country are paying more than others. AAA's Daily Fuel Gauge Report finds the national average cost of a gallon of unleaded gas today is $3.57. But that same gallon of gas can cost as little as $3.04 in Wyoming or a full dollar more in California, at $4.02.

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2:01pm

Tue February 21, 2012
The Road Back To Work

Even When Employed, Health Care A Challenge

Originally published on Tue February 21, 2012 4:24 pm

Casaundra Bronner, of Hazelwood, Mo., worked in marketing before being laid off in March 2010. She found a job again in March 2011 but is still uninsured and having trouble getting the health care she needs.
Whitney Curtis for NPR

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