Chairman Ben Bernanke is proposing no new steps by the Federal Reserve to boost the U.S. economy while hinting that Congress may need to act to stimulate hiring and growth.
Bernanke said Friday that while record-low interest rates will promote growth over time, the weak economy requires further help in the short run. He is speaking at an annual economic conference in Jackson Hole, Wyo.
Cano, Granderson and Martin aren't a "murderers' row" just yet,
But they did something last night that hadn't been done before, not even by the 1927 Yankees and that team's famed murderers' row of Ruth, Gehrig, Lazzeri and others.
In a 22-9 shellacking of the Oakland A's, the Yankees' Robinson Cano, Curtis Granderson and Russell Martin each hit grand slam home runs. It's the first time any Major League team hit more than two in one game.
As Libya's Transitional National Council prepares to move its leadership from the eastern city of Behghazi to Tripoli, Moammar Gadhafi remains "on the run with his regime in tatters," NPR.org writes this morning.
Though Hurricane Irene has weakened slightly and its projected track has been nudged east just a bit, it's still headed for what could be a devastating collision with the East Coast of the U.S. that will affect tens of millions of people from North Carolina to New England over the weekend.
Japan's Prime Minister Naoto Kan announced his resignation on Friday. He held the top leadership position for 15 months. His popularity dropped after the government was criticized for its handling of the earthquake, tsunami and nuclear disaster. Kenneth Cukier, the Tokyo correspondent for The Economist, about the political situation in Japan.
Forecasters don't expect Hurricane Irene to make landfall until Saturday. But for nearly a week now, big-box retailers like Walmart and Home Depot have been getting ready.
They've deployed hundreds of trucks carrying everything from plywood to Pop-Tarts to stores in the storm's path. It's all possible because these retailers have turned hurricane preparation into a science — one that government emergency agencies have begun to embrace.
The Syrian economy has so far weathered the mass protests and widespread violence that have rocked most every major city. But in a move that could increase the pressure, the European Union is considering a ban on imported Syrian oil, similar to sanctions the U.S. imposed earlier this month.
Western governments say the Syrian regime's harsh response to an anti-government uprising has demonstrated that it is not fit to lead.
At more than 28,000 feet, K2 is the second-highest mountain in the world. And when Gerlinde Kaltenbrunner reached its summit this week, she became the first woman to climb all 14 of the world's tallest peaks without using any supplementary oxygen.
The world's top women golfers are battling it out in Mirabel, Quebec, this week at the Canadian Women's Open. In the field is a powerful, yet little-known player: world No. 1 Yani Tseng of Taiwan.
Tseng has been powering and smiling her way around golf courses — and making history. At the relatively tender age of 22, she's already done something that no one who's swung a golf club has done before: Tseng has won five major championships.
Nervous investors will be listening Friday to Federal Reserve Chairman Ben Bernanke's remarks in Jackson Hole, Wyo., for clues to additional steps the Fed might take to shore up the sagging economy.
For the past three decades, central bankers, and the people who watch them, have been gathering each summer in the Rocky Mountain resort to do some deep thinking about the economy. Fiscal watchdog Maya MacGuineas, who has attended several of these meetings, says it's not just the view of the Grand Tetons that makes them special.
Arizona is once again challenging the authority of the federal government. This time the state's attorney general is suing the feds to get out from under the Voting Rights Act, which requires Arizona to get prior approval before changing election rules and maps.
NPR's Carrie Johnson filed this report:
Tom Horne, the top elected lawyer in Arizona, says the landmark 1965 voting rights law is out of date and forces the state to bend to the whim of the federal Justice Department.
Hurricane Irene is forecast to hit North Carolina hard. The National Hurricane Center says it will be a major Category 3 hurricane as it makes landfall, so state officials have ordered evacuations of the Outer Banks, the barrier islands exposed off the Carolina's Atlantic coast.
As always, there are those who stay put. All Things Considered host Melissa Block spoke to a husband and wife who live in Ocracoke, N.C. and they're planning on weathering the storm at home.
The polar bear scientist who has spent more than a month suspended from his government job has now been told that he should report back to work on Friday — although NPR has learned that his job is changing and he will no longer manage federal contracts.
"Chuck is planning to go to work. He just doesn't know what the work is going to be," says attorney Jeff Ruch of Public Employees for Environmental Responsibility, which is providing legal representation for wildlife biologist Charles Monnett.
Thousands of same-sex married couples now have hopes of staying together in the U.S. thanks to a change in deportation policy. The government says it will now prioritize deportations, giving lower priority to those with families in the U.S.
And the Obama administration has included same-sex couples in its definition of family.
Left In Legal Limbo
Bradford Wells, 55, a longtime resident of San Francisco, has good days and bad days.
The Food and Drug Administration is telling doctors and patients not to use high doses of the popular antidepressant Celexa anymore because they can raise the risk for potentially harmful changes in heart rhythms.
Hurricane Irene was poised to cause major destruction along the Mid-Atlantic and Northeast over the weekend, and thousands of people were leaving North Carolina's exposed coast Thursday in preparation for the storm's likely first U.S. strike.
"This is everything a hurricane can be, and it's on one of those worst-case tracks for the East Coast," said Dennis Feltgen, a spokesman for the National Hurricane Center.
Even though the Virginia-centered earthquake on Tuesday only resulted in mild damage, it did open up a good-sized, good-natured national chasm – between the East Coast and West Coast of the United States.
"Really all this excitement over a 5.8 quake??? Come on East Coast, we have those for breakfast out here!!!!" California-based comedian Dennis Miller famously quipped. The early salvo was cut-and-pasted throughout the Twitterverse,
An Iranian exile group is ramping up its lobbying campaign to get off a U.S. terrorist list, and the issue has sparked a fierce debate among foreign policy experts about the wisdom of such a move.
Supporters of the Mujahedeen-e Khalq see it as a potentially useful group in countering Iran. It has provided the U.S. information about Iran's nuclear program, for instance. Others see it as a dangerous cult and warn that taking it off the Foreign Terrorist Organization list would undercut peaceful Iranian dissidents, who want nothing to do with the MEK.
The unveiling of the Martin Luther King, Jr. National Memorial in Washington, D.C., this week has brought attention to the slain leader's former lieutenants, many of whom became iconic figures in the civil rights movement.
Warren Buffett came to the rescue of Bank of America, the giant financial services company that faces a range of legal and financial problems. Buffett said Thursday he would invest $5 billion in the company and could buy more shares down the road. Buffett's decision to buy into Bank of America sent its share price higher, though the company still has to contend with big challenges.