NPR's coverage of President Obama's comments on the "fiscal cliff" talks
Update at 9:45 p.m. Deal Reached
Vice President Joe Biden was meeting late Monday with Senate Democrats to brief them on a proposed deal to stop sharp tax increases and spending cuts. A source told NPR the deal with congressional Democratic and Republican leaders includes a mix of both.
The agency adds that "the 4-week moving average," which tends to smooth out some of the volatility that comes with the weekly figures, "was 356,750, a decrease of 11,250 from the previous week's revised average of 368,000."
Originally published on Thu December 27, 2012 9:40 pm
With negotiations to avoid the "fiscal cliff" uncertain at best, the Obama administration is trying to tamp down anxiety in the federal workforce.
The administration's message to various federal agencies is that there will be little immediate effect on public employees from the budget cuts scheduled to take effect next week if a deal is not reached. Treasury Department employees, for instance, were told not to expect "day to day operations to change dramatically on or immediately after January 2."
Raj Rajaratnam, center, billionaire co-founder of Galleon Group, is surrounded by photographers as leaves Manhattan federal court May 11 after being convicted of insider trading charges.
Credit Ailsa Chang / NPR
Patrick Carroll (left) and David Chaves head white collar crime and securities fraud units at the FBI's New York office. Their team pursued insider trading with some of the same tactics used on organized crime and drug cartels.
It was another busy year for federal authorities pursuing insider trading cases. Seventy-five people have now been charged in the last three years, and investigators say that success comes largely from their decision to attack insider trading the way they take down the Mafia and drug cartels — with tools such as wiretaps, informants and cooperators.
The story behind how the government decided to go after insider trading as hard as it goes after the mob is really just a story about dead ends.
Those of us trying to lose some pounds after overindulging this holiday season can get help from a slew of smartphone apps that count steps climbed and calories burned. Self-tracking has also become a way for companies to make money using your fitness data. And some experts worry that the data collected could be used against users in the long run.
At a recent Quantified Self Meetup in downtown San Francisco, technology lovers are testing homemade do-it-yourself devices on people eager to measure their mind and body.
Throughout the debate over taxes and the "fiscal cliff," there's been a lot of looking backward — to the 1990s. The economic expansion of the 1990s was the longest in recorded American history.
Democrats say the economy thrived under the leadership of President Bill Clinton, including his tax rate increase on high earners. Republicans say government didn't spend as much then and that growth didn't really take off until the GOP took control of Congress in 1995.
So what actually happened in the '90s? What made them tick?
The controversial drilling technique known as hydraulic fracturing has created an oil and gas boom around the country. In states like Texas, Pennsylvania and Colorado, there's been heated debate about rules that protect groundwater and public health.
California is now wading into that arena with the release of the state's first fracking regulations. The state's earthquake-prone geology, however, could bring particular concerns.
Fracking itself isn't new. The technology behind it, though, has changed.
It wasn't long ago that all consumers went to retail stores to buy things. These days, of course, you can get just about anything online. Some companies are now taking that shopping experience to the next level, allowing customers to design almost anything individually — from a trench coat to a batch of M&M's.
The change — which was posted in dense legalese on its website Monday — sparked users to vow to stop posting their color-filtered, tilt-shifted photos to Instagram.
It's a nervous time for companies that make and sell guns.
On Tuesday, Cerberus Capital Management, a private equity firm, announced it was selling its stake in Freedom Group, maker of the American Bushmaster AR-15 rifle, which was used in the Newtown killings last Friday, along with other brands such as Remington.
China and India are projected to propel coal's challenge of oil as the world's top energy source within the next five years, according to a new study. Here, a man rides a bicycle toward a coal-fired power station in China's Guangdong province last year.
Originally published on Mon March 25, 2013 2:49 pm
Despite a slowdown in U.S. consumption, coal is poised to replace oil as the world's top energy source — possibly in the next five years, according to the International Energy Agency. The rise will be driven almost entirely by new energy demands in China and India, the IEA says.
Fatima Jafari, owner of Bamboo Wood Industries, listens to a worker in her factory in Kabul, Afghanistan. Jafari is one of the few female entrepreneurs in an industrial trade in the country, despite international efforts to support women in business.
Behind a tall metal gate in a nondescript nook of Kabul sits the Bamboo Wood Industries factory. It's not a place you're likely to stumble across by accident. Inside, a handful of men are cutting, painting and assembling desks and cabinets. The pieces being made are chocolate brown and quite modern looking.
Sitting in a spartan, unheated office above the factory floor is Fatima Jafari, the owner of the company. The 30-something woman started the business a little over a year ago.
Eighteen months ago Eden Full was finishing up her sophomore year at Princeton University. She was on the crew team as a coxswain. She had spent the previous summer in Kenya building an innovative, low-cost contraption to make solar panels more efficient.
Full was glowingly successful — the kind of college student who ends up profiled in alumni magazines.
We at Chornyak & Associates wish our clients and friends all of the joys that the holiday season has to offer. Let's all put aside our concerns for the country's financial future and have a truly peaceful and festive season with friends and family! Columbus offers lots of holiday activities to extend the celebration outside the home.
Originally published on Mon December 3, 2012 10:01 am
Saying that "we could not find a large enough audience quickly enough to convince us the business model was sustainable in the long-term," News Corp. CEO Rupert Murdoch said this morning that The Daily will "cease standalone publication" on Dec. 15.