Originally published on Fri February 3, 2012 2:19 pm
Sen. Robert Casey, a Democrat from Pennsylvania, sent a list of questions about Freddie Mac's controversial trades to the mortgage giant's regulator, highlighting how much remains unknown even after a flurry of statements from the regulator.
Sharon Van Etten was once an aspiring songwriter in Tennessee, but she had no idea how the music industry worked. So she moved to New York City and took an unpaid internship working for a record label.
"I started doing mail orders and then learned my way around the music blogs," Van Etten says in an interview with Weekend All Things Considered host Guy Raz. "I didn't know what a music blog was at the time."
This is ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.
MELISSA BLOCK, HOST:
I'm Melissa Block. And we begin this hour with fresh evidence that the U.S. economy is on the mend. The unemployment rate fell unexpectedly last month to 8.3 percent. And according to the Labor Department, U.S. employers added nearly a quarter million workers to their payrolls. As NPR's Scott Horsley reports, it's not only good news for the economy and the nation, it's also good news for President Obama and his re-election campaign.
The social network filed to go public earlier this week and is hoping to raise $5 billion in a huge IPO. The markets are buzzing, but what might it mean for an individual investor? Melissa Block gets the story on how high profile IPOs work from Dennis Berman, Marketplace editor at The Wall Street Journal.
January's weather looked like spring in much of the country, and today's monthly employment report suggests it's spring in the job market, too. As NPR's John Ydstie reports, the economy added 243,000 jobs in January, and the unemployment rate dropped for the fifth straight month.
JOHN YDSTIE, BYLINE: Nobody expected that job creation in January would be this strong, or that the unemployment rate would fall again to 8.3 percent – nobody including John Silvia, chief economist at Wells Fargo.