Iran has been dealing with economic sanctions for years, but the country could soon face measures tougher than anything it has encountered before: Legislation moving through the U.S. Congress would target the central bank of Iran, with the likely effect of severely limiting Iran's oil exports.
Such sanctions would almost certainly damage Iran's economy. The challenge would be to make sure other countries are not hurt as well, given the fragile state of the global economy and the tight global oil market.
A new Pennsylvania law could curb municipalities' ability to zone and regulate hydraulic fracturing — or "fracking." And that raises questions about how much say a local government should have over what goes on within its borders.
State lawmakers are grappling with how to update Commonwealth's decades-old Oil and Gas Act to catch up with a natural gas drilling boom.
We've heard a lot about Solyndra, a solar panel maker that went bankrupt despite lots of federal subsidies. But on Wednesday, a solar installation company and one of the country's biggest banks announced a billion-dollar project to put solar systems on the roofs of military housing. And they're doing it without the kind of federal help Solyndra got.
When SolarCity CEO Lyndon Rive came up with a plan to put solar on the rooftops of military housing around the country, he was sure he'd need federal backing to get loans for such a big project.
Originally published on Wed November 30, 2011 3:28 pm
For the past few years, the travel site Expedia has conducted a survey about the world's vacation habits and like in years past, this year's survey found that the United States is one of the countries that gives its workers fewer vacation days and one of the countries in which workers leave the most number of vacation days unused.
Ken Harbaugh is a former Navy pilot and an NPR commentator.
When I was five, my father made a promise he never intended to keep. He had returned from a long trip, with presents. I got a fossilized shark tooth, and spent the next month asking about fossils.
At some point, my father made the mistake of describing a massive fossil bed somewhere in Germany. I begged him to take me. There were good reasons that could never happen. Dad knew nothing about fossils; Germany was far away; I was five. But I would not be deterred.
The U.S. economy is experiencing its strongest across-the-board growth of the year, as private companies hire more people, some manufacturers expand and the stock market surges on a plan to ease Europe's financial crisis. The Dow Jones industrial average gained 490 points Wednesday, an increase of more than 4 percent.
But analysts say the economy isn't growing robustly enough to lower unemployment, stem government layoffs or revive a housing market that remains extremely weak.
Newt Gingrich traveled across South Carolina this week appearing at a number of town-hall-style meetings where he talked to voters and answered questions — mostly the same questions at every stop. He talked about the improving the economy, creating a new immigration policy, repealing President Obama's health care reform plan and transforming Washington.
This is a pretty heartbreaking story: An 80-year-old man donated a suit to a Goodwill store in western Illinois. The problem is that he didn't realize until it was too late that his $13,000 life savings were in the suit's pocket.
Secretary of State Hillary Clinton is in Myanmar, also known as Burma, to see if the county's leaders are serious about political reform. Myanmar has long been under international sanctions because of the repressive nature of the military junta that held power until recently. But there are signs that a new civilian government is loosening the military's grip.