Originally published on Wed June 20, 2012 12:51 pm
The Federal Reserve is ready to take further action — including the purchase of Treasury bonds — "to provide support for the economy," the Chairman of the Fed Ben Bernanke said during a press conference.
Bernanke also said that the members of the Federal Open Market Committee had "marked down" their outlooks on the economy.
Most expect there to be little change in the unemployment rate through the end of the year. The consensus, said Bernanke, is that the Fed expects "slow progress" on unemployment and most opinions are "weighted toward slower growth" on the GDP.
This is TALK OF THE NATION. I'm Neal Conan in Washington. Forty years after Watergate, President Obama cites executive privilege. Rubio's out that he's in again, and after baseball phenom Bryce Harper leads off, Harry Reid hits second. It's Wednesday and time for a...
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CONAN: Edition of the Political Junkie.
PRESIDENT RONALD REAGAN: There you go again.
VICE PRESIDENT WALTER MONDALE: When I hear your new ideas, I'm reminded of that ad: Where's the beef?
The defense in the Jerry Sandusky trial rested today without calling the former Penn State assistant football coach to testify, perhaps because he did not help his cause in media interviews after charges surfaced last November. Here's part of his interview with Bob Costas on NBC.
The latest round of high-level negotiations over Iran's nuclear ambitions ended Tuesday without an agreement. After the failure of talks that President Obama called Iran's "last chance," some wonder whether or not Israel or the United States may now opt for military force.
A new survey of 38 former clerks of current Supreme Court justices and 18 attorneys who have argued cases before the high court found that most of them think the court will rule that the individual mandate is unconstitutional. The mandate is the centerpiece of the Obama administration's signature health care law and it is unknown whether the law can survive without that piece.
Back in April when NPR looked at Republican presidential candidate Mitt Romney's potential running-mate picks, Florida Sen. Marco Rubio and GOP Govs. Mitch Daniels of Indiana and Bob McDonnell of Virginia were on our short list.
For Langdon Cook, a walk in the woods isn't that different from a walk through the produce section of the supermarket. He's a writer, blogger and all-around outdoorsy type, but in outdoorsy Seattle, he's made his name primarily as a forager.
Originally published on Wed June 20, 2012 10:33 am
Update at 12:33 p.m. ET. Fed Extends 'Operation Twist':
The Federal Reserve said it was extending its "Operation Twist" through the end of year. It will add $267 billion more to the program in which the Fed sells some of its medium-term bonds in order to buy longer-term ones. In theory, that pushes down the interest rate on longer-term loans, especially mortgages.
When a woman drinks heavily during pregnancy, it can cause profound damage to her unborn child.
Nobody knows how much alcohol, if any, is safe, so the U.S. surgeon general and the Centers for Disease Control and Prevention advise women to abstain from drinking throughout pregnancy to avoid physical and mental birth defects.
But here and elsewhere, even conscientious pregnant women have been known to have an occasional beer or glass of wine while carrying a child. How risky is that?
Aaron Sorkin's new HBO drama The Newsroom revolves around Will McAvoy (Jeff Daniels), a popular cable-news anchor floating happily along with his nightly newscast, which does well in the ratings but doesn't tend to delve into anything that could offend or alienate anyone.
After McAvoy has a public meltdown at a university lecture, he's put on a three-week hiatus by his boss (Sam Waterston). During McAvoy's time off, his staff defects and a new executive producer named Mackenzie McHale (Emily Mortimer) is hired to take the helm of McAvoy's show.