David Gura is a reporter for Marketplace, based in the Washington, D.C. bureau. He regularly reports on Congress and the White House, economic and fiscal policy and the implementation of financial reform. Gura joined Marketplace in 2010, and enjoys helping listeners make sense of some of the biggest economic stories today. He likes the process of diving headfirst into a story and putting it together under a tight deadline, and tries to heed a piece of advice from George Packer, staff writer for The New Yorker: “Cover Washington as if it’s a foreign capital.” Prior to joining Marketplace, Gura worked at NPR as an editor and a producer, and as a reporter for “The Two-Way,” NPR’s news blog. Gura got his start in public radio in his hometown of Chapel Hill, N.C., as an intern for “The State of Things” at North Carolina Public Radio – WUNC. Gura has received fellowships from Stanford University and the National Constitution Center. He has also participated in conferences organized by the French-American Foundation and Washington University in St. Louis. Gura attended Cornell University, where he received his bachelor’s degree in history and American studies, with a concentration in Latin-American studies. He attended the Columbia University Graduate School of Journalism, from which he received a master’s degree.
Posted In: Wells Fargo, doj, mortgage, investigation
After the Justice Department announced a $175 million settlement with Wells Fargo for alleged discrimination against thousands of African American and Hispanic borrowers, the bank looks to cease operations with independent mortgage brokers, whom they blame for the prejudicial lending.
Posted In: foreclosures, housing market
We're getting some new data this morning about the housing market. The foreclosure listing company RealtyTrac says there was an uptick in foreclosure activity last month, but it's down compared with a year ago. Which brings us to the eternal question: Has the housing market finally hit bottom?
Posted In: Housing, foreclosure
There are some new figures out this morning from RealtyTrac about the number of foreclosures in the U.S. in the first half of this year, and they may shed some light on the so-far elusive housing recovery.
Posted In: Peregrine Financial, bank regulations, shortfall
Last night, Peregrine Financial filed to liquidate under Chapter 7 of the bankruptcy code, amid accusations from federal regulators that Peregrine defrauded customers and hid losses.
Posted In: Dodd-Frank law, swaps, Derivatives
Today, federal regulators are going to define the word "swap," -- and that seemingly simple act will set in motion a series of new regulations that are part of the Dodd-Frank financial reform law.
Posted In: Agriculture, farming, drought
The heat wave is cooling off. But in parts of the Midwest, that is little consolation to farmers whose crops have been badly damaged by the heat, as well as a drought that's being called the worst in decades.
Posted In: Alcoa, Earnings, bellwether
After the markets close today, everybody on Wall Street will be waiting to hear from the big aluminum producer Alcoa. The company's earnings are likely to give us clues about a lot more than metal.
Posted In: Congress, Countrywide, Fannie Mae
The home lender Countrywide gave preferential treatment to members of Congress, their staffs and employees of Fannie Mae in order to win influence in government, according to a long-awaited review by a House committee.
Posted In: tobacco
A change in federal rules makes so-called "roll your own" cigarette shops subject to the same taxes and regulations as larger cigarette makers.
Posted In: health care, scotus
In a 5-4 decision -- the way the U.S. Supreme Court likes to roll out all big-time decisions lately -- the Court has upheld president Obama's Patient Protection and Affordable Care Act. The key vote in favor came from Chief Justice John Roberts. The U.S. economy that's been preparing to implement this huge law can carry on -- basically.