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Fed Chair Janet Yellen: Wells Fargo's actions are "unacceptable"

Sep 21, 2017

Federal Reserve Chair Janet Yellen said the Fed is prepared to take action against Wells Fargo but won't say when. For its part, Wells Fargo said it’s committed to making things right for its customers and is eliminating sales goals for retail bankers in its branches and call centers.

 

Police in Oklahoma City on Tuesday night fatally shot a deaf man who they say was advancing toward them with a metal pipe as witnesses yelled that the man was deaf and could not hear them.

It's the fifth officer-involved shooting in the city this year, according to the Oklahoma City Police Department.

Officers were responding to a hit-and-run accident around 8:15 p.m., Capt. Bo Mathews, the police department's public information officer, told reporters Wednesday. A witness of the accident told police a vehicle involved went to a nearby address.

(Markets Edition) The Fed didn't raise interest rates at its meeting yesterday, but it looks like it just might in December. But is that the best choice given the series of natural disasters that have been hitting the western hemisphere lately? Diane Swonk from DS Economics shares her thoughts with us. Afterwards, we'll look at whether the Fed will take any enforcement action against Wells Fargo following the bank's fake accounts scandal.

Updated at 11:55 p.m. ET

In Cambridge, Mass., a woman named Kristin sits down on a stone bench to talk about a common but rarely discussed injury that's starting to grow along with the opioid epidemic: rape.

Otto Fricke says he knew what he was getting himself into.

After the cart is full: working in e-retail

Sep 21, 2017

Veronica Mena is one of those people whose energy is practically contagious. She shouts “let’s do this!” to her fellow workers as she moves between conveyor belts and cardboard cartons. She peppers her own sentences with “let’s go” a lot. You get the feeling she could have an alternate career as a life coach.

“I like to motivate people,” said Mena, a packing supervisor for the e-retailer Boxed. “This is automation, and as you can see, we don't stop.  I'm like, let’s go, you can do this, I know you can do better."

If people are more worried about living in places with a high risk of flooding, hurricanes and wildfires, it hasn’t shown up in home prices.

During the housing recovery of the last five years, median home prices have risen 65 percent in areas with the biggest risk of natural disaster, compared to 45 percent overall, according to the 2017 Natural Hazard Housing Risk Index from ATTOM Data Solutions.

Mobile merger greenlight more likely now

Sep 21, 2017

Sprint and T-Mobile have tried to merge before, but federal regulators nixed the plan. The business climate under Trump may smooth the way for a deal.

Click the audio player above to hear the full story.

09/21/2017: The SEC has also been hacked

Sep 21, 2017

(U.S. Edition) Yet another cyber breach has been disclosed. The Securities and Exchange Commission has revealed that hackers got into one of its computer systems last year. We'll look at how they could have used the information they accessed to make illegal stock trades. Afterwards, we'll discuss a possible merger between T-Mobile and its rival Sprint, and then talk about German Chancellor Angela Merkel's political comeback. 

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