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The Two-Way
1:05 pm
Wed July 18, 2012

In First Enforcement, Consumer Watchdog Fines Capital One

People use an ATM at a Capital One Bank branch in Washington in April 2012.
Nicholas Kamm AFP/Getty Images

Originally published on Wed July 18, 2012 1:20 pm

Capital One Bank has agreed to refund two million of its customers $140 million over allegations that it used deceptive marketing tactics to pressure or mislead customers into buying add-on products, the Consumer Financial Protection Bureau announced today. The bank and credit-card lending company will also pay a $25 million penalty.

This is the consumer watchdog agency's first public enforcement action.

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Economy
1:03 pm
Wed July 18, 2012

Rethinking Economies: Ideas For 'Fixing The Future'

Raquel Rodriguez and Sylvia Barrios work at Yo Mama's Catering Cooperative, the first worker-owned catering business in Austin, Tx.
JumpStart Productions LLC

Originally published on Thu July 19, 2012 11:42 am

In the documentary Fixing the Future, reporter David Brancaccio traveled across America to talk to people who are working to reinvent the American economy. Through innovative approaches to creating jobs and wealth — like time banking, worker cooperatives, local currencies and community banking — Americans are rethinking how we measure prosperity and calculate GDP.

NPR's Jennifer Ludden talks with Brancaccio about new experiments in the economy of the future.

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Environment
1:03 pm
Wed July 18, 2012

Around The World, Cities Plan For Extreme Weather

Originally published on Wed July 18, 2012 1:21 pm

From record-breaking temperatures to long droughts, extreme weather events are on the rise. Many meteorologists and climatologists say it's only going to get worse. Many cities are putting plans in place to prepare for a range of costly and deadly weather disasters.

Politics
1:03 pm
Wed July 18, 2012

Romney Narrows Potential List Of Running Mates

Originally published on Wed July 18, 2012 1:10 pm

With the veepstakes underway, NPR's Jennifer Ludden and Political Junkie Ken Rudin talk with Dan Schnur, director of the Unruh Institute of Politics at the University of Southern California, about the strategy of selecting a vice-presidential candidate.

The Two-Way
12:23 pm
Wed July 18, 2012

Drought Disasters Declared In More Counties; 1,297 Affected So Far

A corn plant that was struggling to survive this week in a drought-stricken farm field near Shawneetown, Ill.
Scott Olson Getty Images

With the addition of 29 counties in eight states today, there are now 1,297 counties across the nation so stricken by drought and heat that they've been declared natural disaster areas, Agriculture Secretary Tom Vilsack just announced. That's about one-third of all U.S. counties, he said.

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