Originally published on Fri August 31, 2012 10:49 am
As the AP reads it, Federal Reserve Chairman Ben Bernanke stopped just short of "committing the Fed to any specific move, such as another round of bond purchases to lower long-term interest rates."
Bernanke gave a speech at the Federal Reserve Bank of Kansas City Economic Symposium in Jackson Hole, Wy. today. As with all his speeches, it was being closely watched for signs on what the Federal Reserve would do next.
Today, four million people all over the world will log on to Facebook — or take out their phones — and play SongPop. This summer, it's become the fastest growing social game on Facebook, taking a run at old standards such as Farmville and Words with Friends.
Originally published on Wed September 5, 2012 10:01 am
Among the things the Republican Party's presidential candidate is hearing this morning about the address he gave Thursday night is that "in a speech heavy on anecdotal history but short on policy details, Mitt Romney avoided major falsehoods."
The Department of Defense fired a warning shot against the former Navy SEAL who is about to release a book with his version of the secret raid that killed Osama bin Laden.
The Pentagon addressed the letter to "Mr. Owen," the pen name of Matt Bissonnette. In the letter, Jeh Charles Johnson, from the Pentagon's office of the general counsel, says that Bissonnette signed a non-disclosure agreement that stated he would "never divulge classified information."
Originally published on Fri August 31, 2012 9:09 am
As thousands of residents of the Gulf Coast begin to emerge from the flood waters left behind by Hurricane Isaac, authorities in Louisiana reported two bodies were found Thursday in the ravished Plaquemines Parish.
And our last word in business today is Happy Birthday.
Turns out when you're a billionaire investor you can celebrate any way you want. Warren Buffett turned 82 yesterday and his wish was to give away billions, so he did, in the form of millions of dollars worth of his company stock. All told, those shares will eventually be worth about $3 billion. That gift was divided between his three children's charitable foundations.
The remnants of Isaac have left Louisiana behind, but parts of the state will be rebuilding for a while. The storm brought extensive flooding to communities that had been largely spared during earlier hurricanes. NPR's Joel Rose rode along as Louisiana's governor toured one such town on the north shore of Lake Pontchartrain outside New Orleans.
OK. So the president is focused on young voters. At the Republican National Convention, Mitt Romney and his supporters were focused on women. Their effort is driven by the big deficit that Romney has had among women in poll matchups with the president. And that's why the GOP convention featured one high-profile female speaker after another. Here's NPR's Don Gonyea.
It's MORNING EDITION, from NPR News. I'm Steve Inskeep.
DAVID GREENE, HOST:
And I'm David Greene. Good morning.
College students have been heading back to school, and so has President Obama. For the last two weeks, the president has been visiting campuses in swing states around the country. He's been urging students to register and vote. His campaign says it is also working to win the votes of young people who are not in school. Here's NPR's Scott Horsley.
Syria's president has vowed to crush the rebels by any means; his air force has not spared the towns and villages that support rebel brigades. In August, the death toll often topped 250 a day, according to Syrian activists. The fighting between troops loyal to President Bashar Assad and rebel forces has also sparked a refugee crisis for Syria's neighbors as thousands flee to the borders.
Although discussion of foreign policy was in scant evidence at the Republican National Convention, one country did loom large in the lineup: Israel.
Republican delegates in Tampa, Fla., were treated this week to images of Mitt Romney's recent visit to Israel. With stirring music and pictures of Jerusalem's iconic sites, the message of the Romney campaign is that the Republican candidate is a better friend to Israel than President Obama is.