Fewer than 20 percent of Americans now say they're interested in buying stocks. That's according to a survey conducted by the site Bankrate.com. Guest host Celeste Headlee talks to Roben Farzad, contributor for Bloomberg BusinessWeek about what this could mean for the market's future.
Originally published on Tue November 20, 2012 1:03 pm
We need a break from the day's incredibly serious news. Maybe you do too. If so, check the story from Milwaukee about a guy in a clown suit who was running in and out of traffic — and the fistfight/wrestling match he got into with a police officer.
It was all recorded by a guy with a camera phone. Reportedly, no one was hurt. The clown is said to be a local activist of some sort.
Originally published on Tue November 20, 2012 10:22 am
Kevin Clash, the voice and puppeteer who for 28 years has made Sesame Street's Elmo come alive for kids, has resigned because "the controversy surrounding [his] personal life has become a distraction," Sesame Workshop said this morning.
Originally published on Tue November 20, 2012 8:23 am
Former New Hampshire Sen. Warren Rudman has died. His name will always be linked to a 1980s-era effort to tame the federal budget deficit and to a pre-Sept. 11 warning about the nation's security. And he will be remembered as a "moderate" Republican who could work across party lines.
Originally published on Wed November 21, 2012 8:33 am
Medical marijuana is now legal in 18 states and the District of Columbia, but health insurance doesn't cover it and patients often scramble to cover the cost.
"It's an expensive medication, no doubt about it," says Kris Hermes, a spokesman for Americans for Safe Access, a patient advocacy group. "Patients are struggling to afford it, regardless of whether it's available in their state."
Originally published on Tue November 20, 2012 7:51 am
When farmers from Japan settled in California more than 100 years ago, they brought Japanese persimmons, with their bright, shiny skins and sweet interiors.
Some Americans almost immediately caught onto the charm of these orange beauties, and with the help of a few prominent backers, passion for the Japanese varieties spread across the country, according to botanist Julia Morton.
Originally published on Tue November 20, 2012 9:45 am
British officials today filed more charges against former top editors at some of Rupert Murdoch's newspapers in the U.K., this time for allegedly paying nearly $160,000 to a ministry of defense official to get information.
That information allegedly included the "Green Book" that lists phone numbers and other contact details for members of Britain's royal family.
According to NPR's Jackie Northam, who is in Islamabad, Pakistan's High Court today threw out the charge against Rimsha because there was no hard evidence that she ever burned pages of the Quran, as neighbors had charged.
Originally published on Tue November 20, 2012 10:23 am
Saying it was a victim of "serious accounting improprieties, disclosure failures and outright misrepresentations" by a British software company it acquired last year, tech titan Hewlett-Packard just announced it erased $8.8 billion from its books last quarter to properly account for the acquisition.
Calling it the "sole legitimate representative of the Syrian people," British Foreign Secretary William Hague said today that the U.K. is officially recognizing the Syrian National Coalition, Reuters reports.
Good morning. I'm Linda Wertheimer. Leading with a great pair of legs helps to make it as a model. And apparently, being a 72-year-old granddad doesn't hurt. Liu Xianping advised his granddaughter on her fashion business and thoughts on mix and match, then he modeled the look. The photos went viral. Sales skyrocketed. Here's how to get the look. Pile on the layers and lace and his signature thigh-high red stockings. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Originally published on Sun November 25, 2012 7:53 am
(We rewrote the top of this post at 6:55 p.m. ET to sum up the day's news.)
Diplomatic efforts accelerated and Secretary of State Hillary Clinton arrived in the region on Tuesday, but despite the buildup, despite the rumors of imminent peace, there was no cease-fire agreement between Israel and Hamas.
And now for today's business bottom line. Last summer's drought has brought bad news this fall - low crop yields, especially of corn; plus higher prices, and a prediction from the Department of Agriculture that corn exports will be at a 40-year low. The U.S. still is the world's biggest supplier of corn. But this year, American exporters won't be quite as dominant as usual, in the global corn market. From Missouri, Abbie Fentress Swanson reports on the impact this is having.
In New York, the city is expected to begin demolishing some of the houses that were damaged by Hurricane Sandy. Inspectors have fanned out across the boroughs to places hard hit by the storm to decide which houses are safe to return to and which are not. Some of the most-damaged neighborhoods are along the coastal stretches of Staten Island. NPR's Jeff Brady began his story on the streets of the Midland Beach neighborhood.
For more on the politics within the Palestinian territories, we turn now to NPR's Anthony Kuhn in Gaza. He reports that the current conflict has helped unite Palestine's various factions and strengthened Hamas' domestic political position.
ANTHONY KUHN, BYLINE: A video on the Internet shows a concealed metal trapdoor in the ground opening automatically. On the underside of the door are missile tubes and the flag of the Islamic Jihad movement.
And today's last word in business: 'Tis the season for shopping days with names.
LINDA WERTHEIMER, HOST:
It's not just Black Friday anymore. With stores opening earlier and earlier, Black Friday is fast becoming Black Thursday. You might still go out and bargain hunt on Friday, but be warned, there's no rest for you on Saturday. There's now Small Business Saturday, when shoppers are encouraged to buy from local stores.
This is MORNING EDITION from NPR News. I'm Renee Montagne.
LINDA WERTHEIMER, HOST:
And I'm Linda Wertheimer in for Steve Inskeep.
After attending the annual summit of Southeast Asian leaders, President Obama is winging his way home this morning. And tomorrow, he'll issue the traditional Thanksgiving turkey pardon. Then after the holiday it's back to budget talks with congressional leaders deciding what else might be spared, and what government programs or tax breaks might feel the knife.
Secretary of State Hillary Clinton won't be hurrying home today, along with the president, but rather she's going to Jerusalem. There, she'll meet with Israeli Prime Minister Benjamin Netanyahu, then on to meetings with Palestinians on the West Bank - and then to Cairo. The swirl of diplomatic activity is aimed at brokering a truce between Israel and Gaza. Rockets and missiles continue to fly, today, between Israel and the Hamas militants that now control Gaza.
This is MORNING EDITION, from NPR News. I'm Linda Wertheimer.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
Even as talk grows louder about a possible truce, intense air assaults went back and forth over the Israeli and Gaza border today. More Palestinians were killed overnight, pushing the death toll for days of fighting to over 100 for Palestinians and three Israelis.
Originally published on Tue November 20, 2012 5:20 am
The fiscal cliff has economists and politicians in a tailspin. The term is used to describe what will happen if Congress fails to come to an agreement on budget cuts or tax increases by the end of the year. Some say the term is inaccurate, and somewhat alarmist. Linda Wertheimer talks to linguist and Boston Globe language columnist Ben Zimmer about the origin of the term fiscal cliff.
WERTHEIMER: Banks are rushing to add employees to meet the demand for home loans. Low interest rates have sparked a record wave of mortgage activity, and the need for more people to process the paperwork. Mortgage employment rose by 9 percent this year, to its highest level since the financial crisis in 2008. Transcript provided by NPR, Copyright National Public Radio.
Scientists working on NASA's six-wheeled rover on Mars have a problem. But it's a good problem.
They have some exciting new results from one of the rover's instruments. On the one hand, they'd like to tell everybody what they found, but on the other, they have to wait because they want to make sure their results are not just some fluke or error in their instrument.
The rumors that had been around for a couple of years have finally been confirmed: At long last, there's a film in the works about the turbulent life of Nina Simone, otherwise known as the "High Priestess of Soul."
Simone was famous from the 1950s through the '70s for her music and her civil rights activism. And although she died in 2003, her voice remains popular on TV, movie soundtracks and commercials.
The Justice Department has a big decision to make.
Parts of new laws in Colorado and Washington that legalize small amounts of recreational marijuana will take effect early next month. The Obama administration needs to choose whether it will sue to stop the legislation or let those states go their own way — even though the drug remains illegal under federal law.
Colorado Gov. John Hickenlooper, a Democrat, says the message he got from voters is unambiguous.
Debate over the long-term debt and the annual deficit has dominated the post-election agenda. Both the White House and Congress want to avert massive budget cuts and tax hikes early next year, a situation popularly called the "fiscal cliff."
The challenge has been brewing for years. But its current prominence owes much to the decades-long lobbying of billionaire Peter G. Peterson and his private foundation.
You may remember that Soviet dictator Joseph Stalin's only daughter, who had defected to the U.S. in 1967, died last year. Today, The Associated Press reports that the FBI kept close tabs on Lana Peters after her defection to determine how her presence in the U.S. was affecting international relations.
The AP obtained documents under the Freedom of Information Act following Peters' death at age 85 in a Wisconsin nursing home.