Broker and financial adviser Jim Lacamp has been in the business long enough to remember when Americans had little stake and even less interest in the stock market.
It was a time when "people had a pension and profit-sharing plan that was run by [their] company," says Lacamp, senior vice president at Fort Worth, Texas-based Macro Portfolio Advisors. "They might see what a stock did on the news, but it didn't really have an impact on their daily lives."
A cow named Yvonne has eluded capture since escaping a German farm in May. She's been spotted roaming a forest, but searchers haven't been able to get close to her. Now an animal psychic has been called in.
In Germany, a dairy cow named Yvonne's death-defying escape — and continued success in eluding capture — has become an incandescent symbol of freedom and animal dignity. Okay, that may be hyperbolic. But how else to explain scores of visitors to Zangberg, the Bavarian commune Yvonne calls home, or the 10,000-euro reward offered for her safe return?
America's two largest hot dog makers face off in a district courthouse in Chicago today, in a case that may determine the limits companies must observe when putting down their competition in advertisements.
The quibble started in 2009, when an Oscar Mayer ad campaign directly targeted Ball Park Franks, with the claim "We are tastier." As proof, it cited a "national taste test" — organized by Oscar Mayer. The folks at Ball Park weren't satisfied.
An Egyptian judge adjourned the trial of former President Hosni Mubarak and banned live broadcasts of it, today. As NPR's Mike Shuster reported this morning, the judge struggled to maintain control of the courtroom and Mubarak, who is charged with corruption and of ordering the killing of hundreds of protesters earlier this year, said only one world: "Present."
Over the weekend, Minn. Rep. Michele Bachmann won Iowa's Ames Straw Poll, and Texas Gov. Rick Perry announced his White House run while former Minn. Gov. Tim Pawlenty withdrew. President Obama is also starting his bus tour of the Midwest. Guest host Tony Cox discusses presidential politics with Republican strategist Ron Christie and Salon.com's Joan Walsh.
The 12 members of the Super Committee are responsible for finding $1.2 trillion of savings by November. Guest host Tony Cox speaks with one of the members, Rep. James Clyburn (D-S.C.), about the committee's ability to address debt reduction. Clyburn says everything is on the table for compromise.
BRAC Commission Chairman Anthony J. Principi, and other member of the commission raise their hands in favor of closing Walter Reed Army Medical Center in Washington during a base closing hearing Aug. 25, 2005 in Arlington, Va.
Credit Luis Alvarez / AP
Army personnel take part in a flag casing ceremony at Walter Reed Army Medical Center in Washington, D.C., on July 27.
Hydration is something we're inclined to worry about in the summertime, when we sweat more and can be at risk of heat exhaustion if we don't get enough fluids. And while most doctors say water is the ideal fluid for rehydrating, coconut water, the latest faddish recovery drink, is being heavily marketed as "more hydrating" than H20.
Google announced this morning that it was acquiring Motorola Mobility Holdings for $40 a share in cash or $12.5 billion. It is the largest acquisition for Google and it throws Google firmly into the mobile business.
Flip-flops are good. Flip-flops are bad. It's summertime and everybody is talking about flip-flops. Political flip-flops, that is.
As the dust settles from the recent Republican debate and straw poll in Iowa, flip-flops keep cropping up like spent corncobs. In the debate, Newt Gingrich "was asked about his position on military action against Libya," the St. Petersburg Times reported. "We explored whether he flip-flopped and rated it Full Flop."
In an editorial in The New York Times, Warren Buffett, the so called "Oracle of Omaha" and one of the richest men in the world, has a message for Congress: Leave 99.7 percent of Americans alone and raise taxes on those who make more than $1 million and raise them even more for those who make more than $10 million — like him.
John McCormack is a staff writer for The Weekly Standard.
Michele Bachmann scored a victory Saturday at the Ames GOP presidential straw poll that confirmed her position as the front-runner in Iowa. But just how deep does support for the Minnesota congresswoman run? While Bachmann certainly has a reputation for drawing intense and loyal support from Tea Partiers and evangelicals, almost all of the Bachmann supporters I spoke to Saturday in Ames said they weren't certain to support her in the Iowa caucuses.
Specialist James Ahrens works at his post on the floor of the New York Stock Exchange Wednesday, Aug. 10, 2011. The stock market has fluctuated greatly since the United States' credit rating was lowered.
Every business starts small. But more than ever, it's harder to turn small businesses into bigger companies that employ more people. In a country that desperately needs more jobs, this is a big problem.
Small firms represent about 99 percent of all U.S. businesses, but a study by the Ewing Marion Kauffman Foundation shows that while businesses are being formed at roughly the same rate as in the past — the number of startups is even rising — these small businesses create fewer jobs than in the past.
"Pakistan allowed Chinese military engineers to photograph and take samples from the top-secret stealth helicopter that U.S. special forces left behind when they killed Osama bin Laden," The Financial Times says it has been told by "people close to the White House and the Central Intelligence Agency."
The Obama administration is after your Lucky Charms, or at least your children's. The public comment period closed on July 14 for a set of "voluntary" guidelines for the marketing of food to children. If adopted, these rules will transform the advertising of breakfast cereals.
Seemingly coordinated bombings in more than a dozen Iraqi cities today have left more than 50 people dead and even more wounded, according to various media reports. The Associated Press reports that "the blasts were coordinated to go off in the morning and included a combination of parked car bombs, roadside bombs and a suicide bomber driving a vehicle that rammed into a police station."
If being invested in a wildly unpredictable stock market freaks you out right now, you're definitely not alone.
In fact, there's an index to measure that nervousness, and even trade on it. It's called the Volatility Index, or VIX, but it also goes by another name: the fear gauge. And during times like these, the VIX draws lots of attention.
If you think unemployment is bad where you live, take a look at the Pine Ridge Reservation in South Dakota.
Tribal officials there say more than 70 percent of the working-age population is without a job. And within one of the nation's toughest local economies, a reservation-based business is struggling to grow.
Many newly diagnosed Alzheimer's patients go through the stressful phase of realizing they are losing their memory while still having enough insight to know that, over time, they will no longer be able to care for themselves.
So a team of researchers from Chicago — a city known for improvisational theater — is testing a new idea of whether unscripted theater games can affect the well-being of these patients.
One area in the U.S. economy that is booming, despite the sluggish recovery, is technology. Facebook and Groupon are expected to go public in the coming year, and tens of billions of dollars of venture capital continue to pour into the tech industry every year to support new companies.
But one of the first challenges new companies face is coming up with a name, which can be a difficult task.
The Louis S. St Laurent icebreaker slices its way through the ice of the Northwest Passage.
Credit Photos by Jackie Northam / NPR
The Louis S. St.-Laurent crashes through ice along the Northwest Passage, a series of waterways winding through Canada's Arctic archipelago. Affectionately known as the Louis, the country's largest icebreaker spends most of its time in the Arctic these days dedicated to scientific research.
Credit Jackie Northam / NPR
A polar bear approaches the Louis S. St.-Laurent, Canada's largest icebreaker, as it makes its way through the Northwest Passage in mid-July. The ship was on a journey that began in Newfoundland and would ultimately take it to the Beaufort Sea.
Credit Jackie Northam / NPR
As Arctic temperatures rise, the Northwest Passage will be open up for longer periods of time. Here, the Louis slices through sea ice.
Credit Jackie Northam / NPR
Much of the Northwest Passage experiences 24 hours of light during the summer months. But as the Louis heads further south toward Cambridge Bay, a sunset appears on the horizon.
It appears as just a speck on the horizon, a slightly darker shape against a vista of Arctic ice. Soon enough, the ship's bridge makes the announcement: "Polar bear, starboard."
Crew and passengers onboard the CCGS Louis S. St.-Laurent, Canada's largest icebreaker, head to the open deck, binoculars and cameras ready, and watch as the bear lumbers from one ice floe to another, quickly dipping into the inky blue water and effortlessly pulling himself back up again.