Review Show audience takes a tumble
Musharraf avoids treason charge
Marathon crash could prompt change
Teacher jailed after filming girls
Sales Of Existing Homes Slip As Inventories Tighten
The housing sector has been one of the economy's bright spots, and economists expect that to continue. But they also say that until new-home construction catches up, the supply of homes for sale will remain tight.
Boston's Lockdown A Rare Aspect Of Bombing Investigation
Steve Inskeep talks with Boston Globe columnist Juliette Kayyem about city officials' decision to lock down Boston on Friday as law enforcement searched for a suspect in the Boston Marathon bombing. Kayyem is a former top homeland security official.
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'Poison' kills woman and children
U.S. economy to 'grow' 3% under new GDP calculation
In July of 2013, the U.S. gross domestic product will officially grow three percent, due to a few additions to the statistics that economists have been using to calculate GDP for years.
From now on, government statisticians will take into account money earned from creative works including movies, television shows, books, theater and music. Money spent on research and development, which has, until now, been considered a cost of doing business will also be included.
Lewis Alexander, chief U.S. economist for Nomura, says the new additions are meant to reflect a shift in what’s important in a twenty-first century economy.
“You can think of it as the growing importance of the IT industry, but obviously the entertainment industry as well,” Alexander said.
Still, economists say that while the new additions will boost GDP, they will be too small to fundamentally change our view of how the economy is doing.
Vocational courses status 'boosted'
Boeing 'may never find 787 fault'
PODCAST: Caterpillar shrinks, GDP grows
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
The U.S. economy will grow by 3 percent this summer, due to a change in the data used to calculate GDP.
Chinese manufacturers have moved to Italy and set up garment factories. They excel at making garments fast and cheaply, but some Italian manufacturers are unhappy with their presence.
The North Korean spy who blew up a plane
Jobs secured with Ford £24m pledge
Google fined over wi-fi data capture
Young Adults With Autism Can Thrive In High-Tech Jobs
Finding a job is hard enough for recent graduates, but for those on the autism spectrum the search can be even harder. One training program in Texas is helping these young people prepare for jobs in the tech industry.
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Reese Witherspoon Apologizes For Her Behavior
"Do you know my name?" the actress reportedly asked as an Atlanta police officer was testing her husband's sobriety beside a road. Police say that despite being warned to stay in her vehicle, Witherspoon emerged at least twice. She's charged with disorderly conduct.
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More Bodies Identified In Texas Fertilizer Plant Explosion
The remains of four more first responders were identified, according to authorities. Most of the 14 people who died were reportedly volunteer firefighters and EMS personnel.
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