In a classic example of "on the one hand, on the other hand" economic analysis, the word that Japan's economy grew at a strong 4.1 percent annual rate in the first quarter is being followed by cautionary talk of slower growth for the world's third-largest economy in coming quarters.
If you're already a kale and lentils kind of person (we know there are a lot of frugal foodies out there) — you won't be surprised by this finding: According to a new study from some economists at the USDA, eating a healthy diet isn't necessarily more expensive than a diet loaded with sugar and fat. In fact, fruits and vegetables are often cheaper when you calculate the cost in a smarter way.
The campaign for GOP presidential contender Mitt Romney and the Republican Party together raised $40.1 million in April, just shy of the $43.6 million that President Obama and the Democratic Party took in.
This is the first monthly report since Romney effectively wrapped up the Republican presidential nomination. And because money is one way to keep score during a presidential campaign, the news is getting a great deal of attention from the political media this morning.
Legal activist Chen Guangcheng has reportedly finished submitting applications to Chinese authorities and has been told that he and his immediate family could be issued passports within the next two weeks.
That would then allow him to come to the United States.
An Oklahoma teacher asked her fifth graders to each bring in a rock. One student brought in a stone that looked like a tooth. It turns out it was a tooth, according to the Muskogee Daily Phoenix. The tooth may up to 40 million years old.
The Baltimore legend is known for his pencil-thin mustache, and for movies like Hairspray. He's said in interviews he enjoys hitchhiking. Recently, the band Here We Go Magic tweeted photos of him in their van.
The Federal Trade Commission has announced that Skechers will pay more than $40 million to settle charges that the company made unfounded claims about its shape-up shoes. The FTC says the marketing was deceptive.
John Peet, Europe editor of The Economist in London, talks to David Greene about European reaction to heightened speculation that Greece may leave the eurozone. Next month, voters are likely to back parties that want to tear up the IMF-EU bailout deal.
This is MORNING EDITION, from NPR News. Good morning. I'm David Greene. And let's talk a little TV now. The broadcast networks are all gathered up in New York this week for what's known in the biz as the upfronts. This is when they tout their fall lineups to advertisers with star-studded presentations, trying to get their share of about $9 billion worth of advertising.
NPR's business news starts with some good news for the housing market.
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GREENE: Home foreclosures in the United States are down for the third straight month, according to the foreclosure listing from RealtyTrack. Nationwide, a new RealtyTrack report finds foreclosure rates in April were down 14 percent over last year, hitting the lowest monthly level in nearly in five years. Transcript provided by NPR, Copyright NPR.
Euros are being drained out of Greek banks at a rate of up to $1 billion a day this week. In the wake of the country's election turmoil, depositors are nervous about the heightened possibility of a Greek exit from the euro. If that were to happen, euros left in Greek banks could be worth much less than euros outside the country.
Beyond Meat, a new company based in Maryland, has come up with an alternative to chicken meat that it claims is a dead ringer for the real thing. And unlike other meat alternatives on the market, this one aims to be cheap as well as tasty.
This weekend, about 60 heads of state and government, and thousands of others will descend on Chicago to attend a NATO summit. The gathering will focus on the alliance's involvement in Afghanistan — and ensuring a long-term commitment to the country.
But the meeting comes at a time of tension within NATO. Discussions will also include the future of NATO itself, and whether it can overcome its shortfalls.
Many art lovers feel completely in the moment when they stroll through the galleries of a museum. That feeling was particularly true on a recent morning at the Kreeger Museum in Washington, D.C. The Kreeger runs a special program for people with Alzheimer's — seniors, their caregivers and middle school students are paired together to enjoy the art and one another's company.
The man known as the Godfather of Go-Go has died. Chuck Brown pioneered a musical style of percussion-heavy funk that was born in Washington, D.C. Brown died at age 75 after suffering from pneumonia. Robert Siegel has this remembrance.
Alexander Arbuckle, the defendant in the first Occupy Wall Street case to go to trial, has been found not guilty after video of the incident he was involved in showed him breaking no laws. The Village Voice reports:
President Obama and congressional leaders lunched at the White House Wednesday on sandwiches the leader of the free world purchased during a visit to a Washington, D.C., eatery where he met earlier in the morning with a group of small-business people.
Descriptions of the White House lunch meeting from those on the opposing red and blue teams aware of the details of the discussion made it sound like yet another meeting featuring the nation's top policymakers that you could have accurately described beforehand.
The House and the Senate are once again at odds: This time over a reauthorization of the Violence Against Women Act.
The Senate passed a beefed-up version of the bill and the House removed those new protections in their version. With that, the conversation has shifted into the controversial areas of immigration and identity politics. The House debated the bill — H.R. 4970 — today and a vote could be scheduled for this week.
Facebook's initial public offering is shaping up to be one of the largest in history. This morning the company told the Securities and Exchange Commission that it was expanding its offering ... again.
Now Facebook is planning to raise up to $16 billion from investors by taking a small slice of the company to the public. And it will likely be worth more than $100 billion on its opening day of trading. It could easily go higher.