The Federal Reserve is ready to take further action — including the purchase of Treasury bonds — "to provide support for the economy," the Chairman of the Fed Ben Bernanke said during a press conference.
Bernanke also said that the members of the Federal Open Market Committee had "marked down" their outlooks on the economy.
Most expect there to be little change in the unemployment rate through the end of the year. The consensus, said Bernanke, is that the Fed expects "slow progress" on unemployment and most opinions are "weighted toward slower growth" on the GDP.
This is TALK OF THE NATION. I'm Neal Conan in Washington. Forty years after Watergate, President Obama cites executive privilege. Rubio's out that he's in again, and after baseball phenom Bryce Harper leads off, Harry Reid hits second. It's Wednesday and time for a...
UNIDENTIFIED MAN: That's a clown question, bro...
CONAN: Edition of the Political Junkie.
PRESIDENT RONALD REAGAN: There you go again.
VICE PRESIDENT WALTER MONDALE: When I hear your new ideas, I'm reminded of that ad: Where's the beef?
In a matter of minutes, Metric singer Emily Haines and guitarist James Shaw went from rocking in front of thousands of fans on the main stage of the Sasquatch Music Festival to hiking through a rumored thicket of rattlesnakes overlooking the Columbia River. The duo gamely made the trek for an acoustic performance of "Synthetica," the title track from Metric's new record.
The latest round of high-level negotiations over Iran's nuclear ambitions ended Tuesday without an agreement. After the failure of talks that President Obama called Iran's "last chance," some wonder whether or not Israel or the United States may now opt for military force.
The results are in and it turns out most of you who voted in our mid-year poll really love Jack White's explosive and eclectic Blunderbuss. But the race was close: White's album beat-out the Alabama Shakes record Boys & Girls by less than 25 votes. Beach House's Bloom, one of the most popular records ever in our First Listen series, came in at third. The Shins' Port Of Morrow and Of Monsters And Men's My Head Is An Animal round out the top five.
A new survey of 38 former clerks of current Supreme Court justices and 18 attorneys who have argued cases before the high court found that most of them think the court will rule that the individual mandate is unconstitutional. The mandate is the centerpiece of the Obama administration's signature health care law and it is unknown whether the law can survive without that piece.
Back in April when NPR looked at Republican presidential candidate Mitt Romney's potential running-mate picks, Florida Sen. Marco Rubio and GOP Govs. Mitch Daniels of Indiana and Bob McDonnell of Virginia were on our short list.
For Langdon Cook, a walk in the woods isn't that different from a walk through the produce section of the supermarket. He's a writer, blogger and all-around outdoorsy type, but in outdoorsy Seattle, he's made his name primarily as a forager.
When a woman drinks heavily during pregnancy, it can cause profound damage to her unborn child.
Nobody knows how much alcohol, if any, is safe, so the U.S. surgeon general and the Centers for Disease Control and Prevention advise women to abstain from drinking throughout pregnancy to avoid physical and mental birth defects.
But here and elsewhere, even conscientious pregnant women have been known to have an occasional beer or glass of wine while carrying a child. How risky is that?