Alan Greenspan was often celebrated during his long chairmanship of the Federal Reserve. But Greenspan's policies have been blamed by some for the Great Recession. In an interview with NPR about his new book, The Map and the Territory: Risk, Human Nature, and the Future of Forecasting, Greenspan discusses difficulties in predicting economic calamity.
I bought a Treasury bill on Tuesday, before Congress made the debt-ceiling deal. It was unclear whether I would get paid back on time.
Starr Cookman and Kylee Moreland Fenton have been the closest of friends for decades. The pair grew even closer when Starr's infant son seemed ill. It's because of Kylee's insistence, Starr says, that 8-day-old Rowan received the heart surgery that saved his life.
The federal shutdown had economists worried, but consumers have had something to smile about. Gasoline prices are the lowest in three years — under $3 a gallon in some places. Analysts credit greater supplies, lower demand, the easing of Middle East tensions and even a slow hurricane season.
After last month's disastrous floods, much of the recovery has focused on repairing roads and bridges to mountain towns. But a whole new set of staggering problems unfolds for the immigrant workers who had flocked to agricultural jobs in Colorado farm country.
Bluefield State College in Bluefield, WV, is 90 percent white. Its alumni association is all0black, and it still gets federal money as a historically black institution.
In March 2012, two Missouri high school athletes were charged in a sexual assault case — and the charges were dropped three months later. Now, a county prosecutor will ask a judge to look at accusations. The firestorm surrounding the case was fueled in part by "hacktivist" crusaders Anonymous.
There was a sense of relief Thursday as the U.S. government went back to work and once again skipped past default. But around the world, many investors wonder whether the U.S. is going to be in fiscal crisis mode for some time to come, and how the country's currency and creditworthiness will be viewed by others.
But the country with the highest prevalence of modern-day slavery is Mauritania. That's according to a report released Thursday by the Walk Free Foundation, an anti-slavery group. The numbers are in line with previous estimates from the U.N. and the State Department.
Yesterday Congress brought the country back from the brink of defaulting on its debt. Host Michel Martin talks to Joe Davidson of The Washington Post about how federal workers will bring the government back to life.