National / International News

PODCAST: What's so bad about low inflation?

Marketplace - American Public Media - Fri, 2014-04-11 07:57
Friday, April 11, 2014 - 10:46

Why are investors suddenly fleeing from stocks?

Right now our inflation rate is around 1 percent. But some at the Fed say that's way too low. The hope is to see inflation go up. But why on earth would we want to increase inflation?  

When it comes to wellbeing, Costa Rica tops the list of countries in Latin America. That’s according to new data from the Social Progress Imperative, an organization which aims to understand how countries are performing on a variety of measures including health, education, technology, and opportunity.

Marketplace Tech for Friday, April 11, 2014by Podcast Title 4-11-14 Mid-day Update - What's so bad about low inflation?Story Type BlogSyndication All in onePMPApp Respond No

Cameron attacks Welsh Labour on NHS

BBC - Fri, 2014-04-11 07:55
Prime Minister David Cameron tells the Conservative Party conference in Wales that Offa's Dyke is becoming "the line between life and death".

Obama nominates new health secretary

BBC - Fri, 2014-04-11 07:54
US President Barack Obama nominates budget director Sylvia Mathews Burwell to succeed Health Secretary Kathleen Sebelius.

Five people compared to Adrian Mole

BBC - Fri, 2014-04-11 07:49
The fictional diarist Adrian Mole has permeated culture and led to unlikely comparisons with real life figures.

DNA tests identify Norway amnesiac

BBC - Fri, 2014-04-11 07:49
DNA tests confirm that a man found in a snowdrift in Norway suffering from amnesia is from the Czech Republic, police say.

Cardiff take action over team 'leak'

BBC - Fri, 2014-04-11 07:47
Cardiff City begin disciplinary proceedings against two employees over an alleged leak of team details before Crystal Palace clash.

PODCAST: What's so bad about low inflation?

Marketplace - American Public Media - Fri, 2014-04-11 07:46

Why are investors suddenly fleeing from stocks?

Right now our inflation rate is around 1 percent. But some at the Fed say that's way too low. The hope is to see inflation go up. But why on earth would we want to increase inflation?  

When it comes to wellbeing, Costa Rica tops the list of countries in Latin America. That’s according to new data from the Social Progress Imperative, an organization which aims to understand how countries are performing on a variety of measures including health, education, technology, and opportunity.

Nasdaq'ed: tech slide continues

Marketplace - American Public Media - Fri, 2014-04-11 07:46

It was a rough week for tech and bio-tech stocks. And in Marketplace's Weekly Wrap segment, Leigh Gallagher, editor of Fortune Magazine, and Sudeep Reddy, from the Wall Street Journal, recap the week's financial news.

This week's market slump was driven in large part by big-name tech companies, and on Thursday, the Nasdaq Composite slumped 3.1 percent, its biggest decline since November 2011. 

 "We're seeing this increasing skittishness, and whether it's related to Candy Crush's IPO or tech stocks this week or JP Morgan today, if you pull really far back, last year the market was pretty boffo. It was up 30 percent," says Gallagher. "And the whole world knows that we're not going to do that again this year."

Was last year's market performance a little too bananas?

"Bananas, boffo, I'll give you another b-word: bubble," says Reddy. "We've spent so much time thinking about bubbles... that we've actually lost sight of some of the more fundamental issues like corporate earnings and economic expectations. And we'd have to see some pretty remarkable economic growth and profit growth to support where the stock market has been the past couple of months."

Israel sets Palestinian tax sanction

BBC - Fri, 2014-04-11 07:39
Israel sets a tax sanction on the Palestinian Authority in the latest retaliatory step for its signing up to join international treaties.

U.S. Denies Visa To Iran's Controversial U.N. Envoy

NPR News - Fri, 2014-04-11 07:35

The moves comes after Congress approved legislation aimed at denying entry to Hamid Aboutalebi, who was part of a student group that seized the U.S. Embassy in Tehran in 1979.

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Mugabe comment offends Nigeria

BBC - Fri, 2014-04-11 07:33
Nigeria summons Zimbabwe's envoy to the country over President Robert Mugabe's comment that Zimbabwe is becoming "like Nigeria" in terms of corruption.

EU urged to help Italy with migrants

BBC - Fri, 2014-04-11 07:14
The UN's refugee agency says the EU must help Italy with a dramatic upsurge in migrants, with as many as 6,000 reaching its shores in the past four days.

Do not abuse staff, Tory MPs told

BBC - Fri, 2014-04-11 07:14
The Conservative Party issues a code of conduct to all its MPs telling them not to "bully, abuse or harass" staff.

4 Strange Sports In America's Past

NPR News - Fri, 2014-04-11 07:13

If you think beer pong and mud wrestling are odd contests, you should check the history books.

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Abbott confident over plane signals

BBC - Fri, 2014-04-11 07:08
Australian PM Tony Abbott says teams searching for missing flight MH370 jet are confident that signals detected are coming from its black box.

Life sentences for gold raid killers

BBC - Fri, 2014-04-11 07:06
Three teenagers convicted of stabbing a grandfather-of-12 to death in a gold and cash raid lasting just three minutes, are given life sentences.

Alternative indicator gives high scores to Costa Rica

Marketplace - American Public Media - Fri, 2014-04-11 07:03
Friday, April 11, 2014 - 09:50 EZEQUIEL BECERRA/AFP/Getty Images

When it comes to well-being, Costa Rica tops the list of countries in Latin America. 

When it comes to well-being, Costa Rica tops the list of countries in Latin America. That’s according to new data from the Social Progress Imperative, an organization which aims to understand how countries are performing on a variety of measures including health, education, technology and opportunity.

Stephen Keppel, who covers economics at Univision, joins Marketplace Morning Report host David Brancaccio to explain why Costa Rica performs so well. Click on the audio player above to hear more. 

Marketplace Morning Report for Friday, April 11, 2014Interview by David BrancaccioPodcast Title Alternative indicator gives high scores to Costa RicaStory Type News StorySyndication SlackerSoundcloudStitcherSwellPMPApp Respond No

Say cheese... all April long

Marketplace - American Public Media - Fri, 2014-04-11 07:01

Here's an extended look at what's coming up next week:

On Sunday, the final season of "Mad Men" premieres. I had to put on my go-go boots and pour myself a martini for that tidbit.

On Monday, while we all drink heavily at a business meeting we've dressed up and styled our hair for, the Commerce Department is scheduled to report retail sales data for March.

On April 14th, 1939 John Steinbeck's "The Grapes of Wrath" was first published. The depression era novel went on to win the Pulitzer Prize. Speaking of the Pulitzers, Prizewinners are scheduled to be announced on Monday.

Did consumers pay more or less for stuff in March than they did in February? On Tuesday, the Labor Department issues its Consumer Price Index. And it's tax day. An American tradition.

That brings us up to hump day. We'll get numbers on construction of new homes for March. And the Federal Reserve releases its latest Beige Book summary of commentary on current economic conditions.

Wondering why I'm not talking about any hearings on Capitol Hill? It's because Congress is on recess.

Markets are closed for Good Friday.

Television host and comedian Conan O'Brien turns 51.

And since we here at Datebook love cheese, let's end with this deliciousness: April is National Grilled Cheese Month. Start melting.

AUDIO: CT scan reveals mummies' faces

BBC - Fri, 2014-04-11 06:52
The British Museum has been using CT scanners to reveal the faces of Egyptian mummies.

'I Knew It Wouldn't Be Easy,' Outgoing Health Secretary Sebelius Says

NPR News - Fri, 2014-04-11 06:52

With Kathleen Sebelius leaving as health secretary, the president is turning to budget chief Sylvia Mathews Burwell to run the agency that oversees the Affordable Care Act — better known as Obamacare.

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