President Barack Obama's Midwestern bus tour will focus on job creation and restoring confidence, but the Federal Reserve doesn't seem very confident about the future.
Last week, the Fed committed to near-zero interest rates until 2013, indicating that the Fed board isn't anticipating much growth in the job market. That's a troubling prospect for Americans, and it leaves a big challenge looming over Washington about whether the government can push growth above the painfully low bar set by the Fed.
How can you feed starving people without feeding an insurgency as well? That is one of the challenges the Obama administration faces in providing aid to Somalia.
As the U.S. and other donors scramble to help Somalis survive a famine, some experts see an opportunity of sorts. The drought, they say, seems to be starving the Islamist militia group al-Shabaab of resources, limiting its ability to wreak havoc in Somalia.
It may seem hard to believe after such a tumultuous week on Wall Street, but economists do see a few bright spots.
For one, Americans with good credit scores can get some of the best housing bargains in decades. Freddie Mac's latest survey shows the average rate on 30-year, fixed-rate mortgages has dropped to 4.32 percent. That's down to the half-century lows set during the fourth quarter of last year.
Last Friday would have been the 100th birthday of the Mexican comic legend Cantinflas. By the time of his death in 1993, Cantinflas had acted in 50 films, won a Golden Globe, and even inspired a new Spanish verb — cantinflear — in honor of his ability to play with the sounds of Spanish for comedic effect
When the creators of NBC's hit sitcom The Office approached Aziz Ansari about a new mockumentary style sitcom, Ansari said yes. Thing is, the then 25-year old stand up comedian had no clue what the show was going to be about.
Now three years later, the show that was a mystery to Ansari is a hit. It's called Parks and Recreation and Ansari plays the scene-stealing character Tom Haverford.
As the rest of the Republican field jockeyed for support in Iowa's straw poll Saturday, Texas Gov. Rick Perry made a feisty late entry into the presidential race before hundreds of conservative bloggers in South Carolina, encouraging voters to "give a pink slip to the current residents of the White House."
Perry launched his bid touting his home state's record of job creation as a central reason to elect him, but Texas' economic picture is more complex than what the governor shares on the stump.
This past week, Congress selected the 12 members of its "supercommittee" to slash the federal budget by the end of November. Host David Greene speaks with James Fallows of The Atlantic about the potential dangers of treating the federal budget the way families treat their own budgets.
Thirty years ago today, President Ronald Reagan signed the Economic Recovery Tax Act, the first major tax cut during his presidency. Guest host David Greene talks with Reagan historian Douglas Brinkley about the act's legacy and how it still affects American discourse on taxation.
Texas Gov. Rick Perry has been quietly laying the groundwork for a run for the Republican presidential nomination. Last weekend, he headlined a prayer event in Houston that drew tens of thousands of worshippers. Saturday in Charleston, S.C., Perry announced that he is entering the race. Guest host David Greene talks with Julie Rose of member station WFAE.