"Economic growth appears poised to continue at a moderate pace over coming quarters," Federal Reserve Chairman Ben Bernanke is telling Congress this hour, and will be supported in part by additional "accommodative monetary policy" from the central bank.
While there's been a slowing in job growth, Bernanke says that Fed policymakers believe household spending has been "relatively well sustained" and are encouraged by "consumer spentiment [that is] ... up noticeably from its levels late last year."
"A massive dock" that was washed away from a city on Japan's northeast coast by the devastating March 2011 tsunami landed this week on an Oregon beach. It's a warning sign that dangerous chunks of debris from that disaster are reaching the Pacific coast of the mainland U.S. much sooner than predicted, The Oregonian reports.
But in yet another mixed signal about how the economy's doing, that welcome dip is tempered by the fact that the "4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000." Economists watch that average because it offers a slightly larger look at the trend.
Following up on one of the best rallies in months on Wednesday, stock index futures are pointing to a higher start today on Wall Street, Dow Jones Newswires says.
The Associated Press says there are "hopes that Europe is preparing to take action to tackle the region's financial crisis and that the Federal Reserve will consider additional support for the U.S. economy."
Two former House speakers in Pennsylvania are proving politics doesn't have to be partisan. Democrat Bill DeWeese was convicted on corruption charges and began serving time at a prison near Harrisburg. He was approached by his former legislative rival, Republican John Perzel to room together.
With reports coming out of Syria about another massacre, Secretary of State Hillary Rodham Clinton today used some of her sternest language yet about what she said is the Assad regime's "unconscionable" crackdown on the Syrian people. Reuters reports she said President Bashar Assad must cede all power and leave Syria.
NPR's business news starts with NASDAQ compensating clients.
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MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.
It's MORNING EDITION, from NPR News. Good morning. I'm Renee Montagne.
DAVID GREENE, HOST:
And I'm David Greene.
We'll begin this program with the aftermath of Tuesday's recall election in Wisconsin. Public sector unions took on Republican Governor Scott Walker, and the governor won. Walker became the first U.S. governor to beat back a recall attempt. The unions had spent a lot time, money and political capital in Wisconsin.
NPR's Sonari Glinton reports on what's next for organized labor.
When Ray Bradbury died this week, he was hailed as one of science fiction's great writers. Best known for works like "The Martian Chronicles," Bradbury himself didn't think science fiction was a good label for his work. He said science fiction was about what could happen, and believed most of his work was actually fantasy. And yet, in the real world of space exploration, Bradbury was revered. Science writer Andrew Chaikin, for one, considers Bradbury the poet laureate of space exploration.
We're going to hear now about some surprising consequences of the weak housing market in this country. It turns out that the value - even on a paper - of a home can affect the college choices that a family makes.
NPR science correspondent Shankar Vedantam regularly joins us to discuss social science research. He's here this morning to talk about those new findings. And good morning.
With Tuesday's recall election now over in Wisconsin, Republican Gov. Scott Walker resumed a normal schedule yesterday. His unsuccessful challenger, Democrat Tom Barrett, was back at Milwaukee City Hall, where he serves as mayor, and TV programs were finally free of political ads.
But one fixture of the recall battle remained in place, outside the Capitol building in Madison. NPR's Don Gonyea reports.
Secretary of Defense Leon Panetta is in Kabul, Afghanistan. He arrived this morning for a quick, unannounced visit with troops and also to check in on the progress of the war. Panetta's trip comes a day after a Taliban attack in southern Afghanistan left over 20 dead and at least 50 people wounded. Also yesterday, NATO forces were being blamed for allegedly killing civilians in an early morning strike.
Google has fired the first shot in what might come to be known as the map wars. Yesterday, the company unveiled new features, such as maps in 3D. Google made its move just five days before Apple is expected to announce its own new and improved mapping software.
Google made its move just five days before Apple is expected to announce its own, new and improved mapping software. NPR's Laura Sydell reports.
The need to store digital information is growing. Tens of thousands of new jobs are expected to be created over the next six years to take full advantage of that ocean of information known as big data.
Iranians line up at a gas station to fuel their motorcycles in central Tehran in February. Oil is the lifeblood of Iran's economy, but the planned EU boycott is expected to deal a major blow to Iranian oil exports.
On July 1, the European Union says it will stop buying oil from Iran. Europe is one of the most important markets for Iran's oil, and in anticipation of the boycott, Iranian oil exports worldwide are already down by more than 25 percent.
Iran's leaders say they can weather this pressure, and so far they have refused to budge on their controversial nuclear activities, ones that prompted a series of economic sanctions.
As a result, it appears as if Iran will only face even greater difficulties when it comes to exporting oil, the lifeblood of its economy.
The year began with New Year's resolutions to get fit and ever since, Morning Edition has been talking to athletes, musicians, a mail carrier and the head of the IRS about the music that gets them moving. The Ultimate NPR Workout Mix series concludes with a contribution from Michelle Obama.
The first lady is the mover and shaker behind "Let's Move," a campaign designed to get young people, in particular, to eat better and exercise more.
During a recent tour of the White House vegetable garden, Obama shared the key to her workout routine.
Imagine a school where every child gets instant, personalized writing help for a fraction of the cost of hiring a human teacher — and where a computer, not a person, grades a student's essays.
It's not so far-fetched. Some schools around the country are already using computer programs to help teach students to write.
There are two big arguments for automated essay scoring: lower expenses and better test grading. Using computers instead of humans would certainly be cheaper, but not everyone agrees on argument No. 2.
This summer, my big idea is to explore the big ideas of science. Instead of just reporting science as results — the stuff that's published in scientific journals and covered as news — I want to take you inside the world of science. I hope I'll make it easier to understand how science works, and just how cool the process of discovery and innovation really is.
A lot of science involves failure, but there are also the brilliant successes, successes that can lead to new inventions, new tools, new drugs — things that can change the world
NPR Morning Edition host Steve Inskeep is taking a Revolutionary Road Trip across North Africa to see how the countries that staged revolutions last year are remaking themselves as they write new social rules, rebuild their economies and establish new political systems. Steve and his team are traveling some 2,000 miles from Tunisia's ancient city of Carthage, across the deserts of Libya and on to Egypt's megacity of Cairo. In Tunisia, he sat down with the country's new president, Moncef Marzouki.
The writer, poet and critic Dorothy Parker was technically not a native New Yorker; she was born at her family's beach cottage in New Jersey. But she always considered New York City to be her beloved hometown. It's where she grew up, where she struggled during her early days as a writer, where she became famous, and where she died of a heart attack at the age of 73.
Children who get CT scans are at slightly increased risk for brain cancer and leukemia, according to a large international study released Tuesday.
CT scans create detailed images of the inside of the body. So they're great for diagnosing all sorts of medical problems — so great that their use has soared in recent years. More than 80 million are being done every year in the United States.
The morning after Republican Gov. Scott Walker of Wisconsin handily rebuffed Democratic efforts to oust him, politicos in the state and beyond pored over exit poll data and turnout numbers to tease out:
A: How he did it.
B: Where Democrats failed.
My colleague Ron Elving, NPR's senior Washington editor, took a good shot at answering Question A Wednesday morning.
New research out today indicates that a popular medical test may increase the risk for some forms of cancer. A large international study found that CAT scans, which are also known as CT scans, can increase the risk for leukemia and brain cancer in children.
NPR's Rob Stein joins us now to talk about the new findings. And, Rob, I understand the concerns about these scans have been building for a long time. So what's the specific source of worry here?