The new estimate marks the second time that BEA has revised its third-quarter estimate downward. In its first look, BEA said gross domestic product grew at a 2.5 percent annual rate. Last month, it said the pace was 2 percent.
Still, the third quarter was better than the second — when GDP expanded at a 1.3 percent annual rate.
Protesters in Karachi, Pakistan, burned an American flag earlier this month to express their anger over the airstrikes that killed 24 Pakistani soldiers.
Credit Rizwan Tabassum / AFP/Getty Images
American military forces, "given what information they had available to them at the time, acted in self defense and with appropriate force after being fired upon" when they called for airstrikes along the Afghanistan-Pakistan border in late November in an incident that killed 24 Pakistani soldiers, the Pentagon said this morning.
Good morning, I'm Linda Wertheimer. For the fourth year in a row, a couple dressed in elf hats drove around Detroit handing out $100 bills to strangers - $12,000 worth. Many thought those crisp Benjamins were a joke. Some burst into tears. The anonymous couple stopped a Detroit bus and gave every passenger $100. The couple does ask recipients to pay it forward, in kindness. You're listening to MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Good morning. I'm Renee Montagne. Attention lottery players in Georgia: No one has stepped up to claim a $77 million jackpot that expires on Monday, and the state's lotto offices will be closed starting tomorrow for the Christmas holiday. But if you're out there, lucky winner, you can claim your prize at a kiosk at Atlanta's International Airport throughout the Christmas holidays. Then you can do all the duty-free holiday shopping you want. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Iraqi security forces inspect a crater caused by a car bomb attack in the neighborhood of Karrada in Baghdad earlier today (Dec. 22, 2011). It was one in a wave of such bombings in the Iraqi capital today.
Credit Hadi Mizban / AP
It's been a terrible day in Baghdad, where at least 16 explosions in 13 different locations have killed dozens of people and left about 200 wounded, NPR's Sean Carberry reports from the Iraqi capital.
Ah, 'tis the season to be indulgent. Another glass of champagne? Please, have some homemade cookies. Does anyone want to go to the movies instead of the gym? As far as I'm concerned, December is Guilty Pleasures Time.
In <a href="http://www.npr.org/2011/11/18/142458703/in-beginners-a-gay-man-comes-out-late-in-life"><em>Beginners</em></a><em></em> — based on director Mike Mills' life--Oliver (Ewan McGregor) finds out his father is gay, and has denied himself throughout his married life. After coming out, Oliver's dad becomes physically and spiritually transformed.
Credit Focus Features
Fresh Air's film critic David Edelstein says 2011 was the kind of year without a list-topping film.
"There's no best film this year," says Edelstein. "This is in alphabetical order because I liked all these movies, I loved some of them, but I just couldn't pick a best. It wasn't that kind of year."
Most incandescent light bulbs were supposed to be phased out starting Jan. 1. But tucked inside the House's omnibus spending bill, there's a provision barring the Energy Department from enforcing more energy-efficient standards for light bulbs. For those who still want them, there are increasing options for efficient bulbs. Renee Montagne talks to Bill Hamilton, merchandising vice president of electrical at Home Depot, which sells about a third of all light bulbs in the U.S.
If the company's board approves, Yahoo could receive about $17 billion in a deal that would shed most of its Asian assets. That means Yahoo would dramatically decrease its valuable stake in Ali-baba — China's largest Internet company. The deal would get the company some much-needed cash.
This is MORNING EDITION from NPR News. I'm Renee Montagne.
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And I'm Linda Wertheimer. In Syria, this week has been one of the bloodiest reported in months. Activists and groups monitoring Syria say hundreds have been killed as the government moves against villages and towns near the Turkish border. The Syrian government acknowledges the campaign but calls it a fight against terrorists.