10:41am

Tue May 31, 2011
Planet Money

Housing Bust: No End In Sight

Nobody's home.
Spencer Platt Getty Images

U.S. home prices fell to new, post-bubble lows in March, according to the latest Case-Shiller home price numbers. And with the wave of foreclosures continuing, it's hard to see an end to the housing bust.

Foreclosures and short sales are a key driver of falling home prices. They contribute to the glut of houses on the market, and tend to sell at discounted prices.

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10:36am

Tue May 31, 2011
Shots - Health Blog

Europe Grapples With Outbreak Of Deadly Foodborne Illness

A farmer holds cucumbers in a field in Malaga, Spain. Cucumbers from Spain have been eyed as the source of a disease outbreak in Germany.
Jorge Guerrero AFP/Getty Images

The United States isn't the only country to be hit with E. coli in its food supply.

Germany is in the midst of a foodborne disease outbreak that has reportedly claimed 16 lives. The problem is a variety of E. coli that produces a toxin that can lead to severe kidney damage.

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10:15am

Tue May 31, 2011
The Two-Way

Consumer Confidence Slips

Anxiety about the job market, inflation and the general economic outlook combined to push down consumer confidence in May, the private Conference Board business research group just reported.

It's Consumer Confidence Index slipped to 60.8 from 66 in April.

Lynn Franco, director of the group's Consumer Research Center, says in a statement released with the report that:

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10:04am

Tue May 31, 2011
The Two-Way

Pakistani Journalist Is Missing; He Wrote Of Alleged Ties To Terrorism

There are conflicting reports at this hour about the fate of Syed Saleem Shahzad, Pakistan bureau chief for Asia Times Online, who has been missing since Sunday evening.

Pakistan's Daily Times says that Human Rights Watch has been told by "credible sources" that Shahzad "is in custody of the Inter-Services Intelligence (ISI)" — Pakistan's intelligence agency.

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9:58am

Tue May 31, 2011
Opinion

The Nation: Military Help A Regret in Monterrey

Nik Steinberg is a researcher in the Americas division of Human Rights Watch.

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9:57am

Tue May 31, 2011
Sasquatch Music Festival 2011

Sasquatch 2011: Wilco, Live In Concert

Jeff Tweedy of Wilco performs at Sasquatch Music Festival 2011.
James Bailey for KEXP

Language Advisory: This is a live concert recording, and may not contain language suitable for all audiences.

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9:55am

Tue May 31, 2011
Sasquatch Music Festival 2011

Sasquatch 2011: The Decemberists, Live In Concert

Colin Meloy of The Decemberists performs at Sasquatch Music Festival 2011.
James Bailey for KEXP

Language Advisory: This is a live concert recording, and may not contain language suitable for all audiences.

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9:27am

Tue May 31, 2011
Opinion

Weekly Standard: Slight Lean Left Key In Right Win

Wisconsin, a left-leaning swing state, will be important for the next presidential election.
iStockphoto.com

Jeffrey H. Anderson was the senior speechwriter for Secretary Mike Leavitt at the Department of Health and Human Services.

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9:09am

Tue May 31, 2011
The Two-Way

Home Prices At 'New Recession Low'

There was a 4.2 percent drop in home prices during the first quarter according to the widely watched S&P/Case-Shiller Home Price Indices report, which was just released.

And after the 3.6 percent decline in fourth-quarter 2010, prices have "hit a new recession low" and are down 5.1 percent from first-quarter 2010.

"Nationally, home prices are back to their mid-2002 levels," the report adds.

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9:00am

Tue May 31, 2011
The Commonwealth

Cicadas Make Noisy Return

After 13 years, another life cycle of the periodical cicada, classified by entomologists as Brood XIX, sing their shrill tunes in western Kentucky. According to Douglas Johnson, University of Kentucky extension professor of entomology, this brood of cicadas emerged in Hopkins County around May 16 and will continue through June. Johnson is a resident of Princeton. The insects feed on sap in the roots of trees for 13 years during the nymph stage, and then come out of the ground, shed their shells and become adults. After breeding, they die.

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