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In other news, a Japanese lawmaker is in trouble for handing the emperor a letter, a taboo in the country where the imperial family's role remains a sensitive one; and a Ghanaian minister is fired for allegedly saying she'll stay in politics until she makes at least $1 million.

William Cohan describes the company's meltdown in a new book, House of Cards: A Tale of Hubris and Wretched Excess on Wall Street. Cohan talks about the fall of Bear Stearns and one of the figures in the center of it all: then-Chairman Jimmy Cayne.

President Trump and former President Obama both claim credit for the economy. Democrats argue that Trump inherited an economy that was already strong, while Republicans insist he turned it around.

NPR's Scott Detrow talks with President Biden's top economic adviser, Jared Bernstein, about the state of inflation in the United States according to Thursday's Consumer Price Index report.

The official poverty rate showed a decline in North Carolina, but experts say that measure misses nuance.

Top lawmakers on the Senate and House tax writing panels reached a deal on a plan that would temporarily expand the child tax credit and business credits but it's unclear whether the bill will pass.