When the final hammer went down at Keeneland's September yearling sale, almost 3,000 horses had sold, 500 fewer than last year. However, they sold for over $233-million, which represents an increase of almost 13%. Plus, the average value of each horse was up 18%. "I've farmed 45 years. We raise tobacco and horse operation. We grow our own hay, our own bedding. We board horses and my brother and I have horses together. We're farmers that love horses,” said horse breeder Frank Penn.
And we're getting ready for what's expected to be the other major news of the morning — the 8:30 a.m. ET announcement from the Bureau of Labor Statistics about the September unemployment rate and how many jobs were or were not added to payrolls last month.
GOP presidential contender Mitt Romney travels to the Citadel in South Carolina to deliver a speech on national security Friday. The issue has traditionally been a bright line between hawks and doves, Republicans and Democrats. But even on this, the third anniversary of President Obama winning the Nobel Peace Prize, the politics are no longer clear cut.
LYNN NEARY, host: This is MORNING EDITION, from NPR News. I'm Lynn Neary.
RENEE MONTAGNE, host: And I'm Renee Montagne. The winner - or should I say the winners - of the Nobel Peace Prize were unveiled in Oslo earlier this morning. The announcement was made by the chairman of the Norwegian Nobel Committee.
THJORBORN JAGLAND: The Norwegian Nobel Committee has decided that the Nobel Peace Prize for 2011 is to be divided in three equal parts between Ellen Johnson Sirleaf, Leymah Gbowee and Tawakul Karman.
Loosely-organized protests that began on Wall Street last month have now spread to other cities across the country. President Obama says he understands the frustration conveyed by prostesters. He's trying to channel public anger with Wall Street into support for his own financial policies.
Apple's Steve Jobs, who died this week after battling a rare form of pancreatic cancer, didn't just change technology. Lynn Neary learns more about the profound legacy Jobs leaves behind on the world of design from John Maeda, president of the Rhode Island School of Design.
Mortgage rates are now below 4 percent. The average 30 year fixed rate loan is at an all time low. But high unemployment, weak consumer confidence, and tougher standards for getting credit, are keeping many Americans from buying homes.