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Planet Money
3:20 am
Mon December 23, 2013

A Locked Door, A Secret Meeting And The Birth Of The Fed

J.P. Morgan: Not a pussycat.
Hulton Archive Getty Images

Originally published on Mon December 23, 2013 11:01 am

In 1907, the U.S. economy was in the grip of a financial crisis. Unemployment was up. The stock market was down.

People started panicking. They were lining up overnight to pull their money out of healthy banks. This can be deadly for an economy: Healthy banks have to shut down, businesses can't get credit, they lay people off, and the economy gets worse.

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NPR Story
3:20 am
Mon December 23, 2013

In Case You Didn't Know: Underwear And Hummus Are Different

Originally published on Mon December 23, 2013 7:00 am

You might think underwear maker Hanes would be worried about competition from Jockey or Fruit of the Loom. In fact, Hanes seems far more concerned about being confused with chickpea dip. The American manufacturer has threatened to sue a Canadian company, Hanes Hummus, for trademark violation.

NPR Story
3:20 am
Mon December 23, 2013

Apple Signs Deal With China Mobile

Originally published on Mon December 23, 2013 7:00 am

Transcript

STEVE INSKEEP, HOST:

NPR business news starts with China getting a bigger bite of the apple.

(SOUNDBITE OF MUSIC)

INSKEEP: Technically, it may be Apple will be getting a bigger bite of China. In any case, China and Apple have announced a deal to bring the iPhone to the world's biggest wireless network.

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Games & Humor
2:28 am
Mon December 23, 2013

David Sedaris Reads From His 'Santaland Diaries'

iStockphoto.com

Originally published on Mon December 23, 2013 7:00 am

You might not expect "Santa's Helper" to be a career-altering gig, but for David Sedaris, it changed everything. The writer and humorist spent a season working at Macy's as a department store elf. He described his short tenure as Crumpet the Elf in "The Santaland Diaries," an essay that he read on Morning Edition in 1992.

Instantly, a classic was born. Sedaris' reading has become an NPR holiday tradition. Click the "Listen" link above to hear Sedaris read his tale.

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Shots - Health News
2:27 am
Mon December 23, 2013

Colorado Takes Health Plans To People Shopping For Groceries

The Colorado health exchange van stops at a shopping center in Fort Collins.
Eric Whitney for NPR

Originally published on Mon December 23, 2013 10:38 am

Despite White House and state efforts to promote the Affordable Care Act, some people still don't have health insurance, or any idea how to sign up for it.

Take Corryn Young, a 32-year-old dental hygienist in Fort Collins, Colo. She knows she needs to get health insurance but is a little vague on the details.

"What my income would qualify me for, when I need to be signed up, what type of deductibles they have to offer — that kind of stuff overwhelms me," Young says.

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