The Two-Way
6:48 am
Fri December 14, 2012

Inflation Is In Check; Consumer Prices Fell 0.3 Percent In November

Sign of the times: Markdowns at a discount clothing store in New York City last month. Such stiff competition for consumers' dollars is helping to keep inflation in check.
Spencer Platt Getty Images
  • From 'Morning Edition': Does The CPI Need A Fix?

A sharp drop in the cost of a gallon of gasoline helped pull consumer prices down 0.3 percent in November, the Bureau of Labor Statistics reports.

According to BLS, gas prices plunged 7.4 percent last month.

Excluding the food and energy sectors, the so-called core rate of inflation rose just 0.1 percent.

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Local News
6:39 am
Fri December 14, 2012

Bingaman Bids Farewell To Senate

Still image from US Senator Jeff Bingaman's farewell speech to the Senate, December 13th, 2012.
Credit Bingman.senate.gov

  U.S. Sen. Jeff Bingaman has bid his farewell to Washington.

In his speech on the Senate floor Thursday, the retiring Democrat said it was an honor and a privilege to have represented the people of New Mexico in the Senate for the last 30 years. And he thanked New Mexicans for their confidence in his representation.

Bingaman will be replaced by Democratic Rep. Martin Heinrich, who defeated Republican Heather Wilson for the coveted seat.

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Local News
6:32 am
Fri December 14, 2012

Low Snowpack Could Impact NM Economy

Chair lift 1 at Sipapu Ski and Summer Resort
Credit Carrie Jung

New Mexico is on track to experience its driest two year period on record. Any precipitation is a good thing in the Southwest, but winter snow accumulation is especially important. Until recently the snow pack has been almost non-existent and if the trend continues, the resulting economic impacts could ripple throughout the state.


Last Saturday, my husband, Jon, and I loaded our car with ski gear and drove north to Vadito, New Mexico. Our destination...the Sipapu Ski Resort.



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Local News
6:17 am
Fri December 14, 2012

Native American Head Start Program Gets Funding

An Albuquerque organization will receive more than $820,000 from the U.S. Department of Health and Human Services for its Early Head Start program.

Native American Professional Parent Resources serves more than 70 families, including expectant moms and families with infants and toddlers. The funds will be used to expand its services.

U.S. Sen. Tom Udall announced the funding this week. The New Mexico Democrat says most families living in poverty have difficulty accessing resources to support their children's development.

The Two-Way
6:10 am
Fri December 14, 2012

In Repeat Of Disturbing News, Man With Knife Attacks School Children In China

Wei Jingru, one of the students injured in today's attack, is being treated at a hospital in central China's Henan Province.
Li Bo Xinhua /Landov
  • NPR's Louisa Lim on the NPR Newscast

Twenty-two children and one adult are reported to have been injured at a school in China today by a man wielding a knife.

It happened in a village about 500 miles south of Beijing. As NPR's Louisa Lim tells our Newscast Desk, the attack is the latest of what has been a disturbing series of such incidents in recent years.

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Local News
5:25 am
Fri December 14, 2012

Amending PRC Qualifications On Legislative Agenda

New Mexico’s Public Regulation Commission has been in the news a lot in recent years, both for controversial rate increases and the fact that two commissioners were removed for felony convictions.  

Last month, voters responded by approving changes for the agency in three constitutional amendments.

The Public Regulation Commission makes crucial regulation decisions. When utilities want to raise rates, PRC commissioners decide if you will pay more for water, gas, electricity and telephone service.

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Around the Nation
5:23 am
Fri December 14, 2012

Stephen Colbert Announces Charity Donations

Originally published on Fri December 14, 2012 5:30 am

Transcript

RENEE MONTAGNE, HOST:

The Two-Way
5:23 am
Fri December 14, 2012

Syrian Crisis: Turkey Getting Patriot Missiles, Some U.S. Troops To Operate Them

A U.S. Army Patriot Surface-to Air missile system on display in South Korea.
Kim Jae-Hwan AFP/Getty Images

Originally published on Fri December 14, 2012 7:12 am

"The U.S. will send two batteries of Patriot missiles and 400 troops to Turkey as part of a NATO force meant to protect Turkish territory from a potential Syrian missile attack, the Pentagon said Friday." (The Associated Press)

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Around the Nation
5:13 am
Fri December 14, 2012

Will The Real Indiana Jones Please Stand Up?

Originally published on Fri December 14, 2012 5:14 am

That's what the University of Chicago is asking. The admissions office received mail addressed to Henry Walton Jones, Jr., aka Indiana Jones. The character is said to have attended the school. The package contained a dust-covered replica of the journal in the Raiders of the Lost Ark film.

Business
3:33 am
Fri December 14, 2012

Business News

Originally published on Fri December 14, 2012 5:02 am

The bank UBS has been in the middle of a huge investigation into interest rate manipulation. There are several reports that a subsidiary of UBS is making a settlement deal with U.S., British and Swiss officials.

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