Originally published on Fri September 6, 2013 9:35 am
Economists expect to hear that about 180,000 jobs were added to payrolls and that the nation's unemployment rate held steady at 7.4 percent last month when the Bureau of Labor Statistics issues its highly anticipated report about the August employment situation at 8:30 a.m. ET.
Some of the many boarded up store fronts along Weber Street in Stockton, Calif., in 2012. The Stockton City Council voted to declare bankruptcy last year, making it the largest city in U.S. history to enter Chapter 9 to that time.
Credit Alan Greenblatt / NPR
Councilwoman Katherine Miller believes Stockton is through the worst of its financial troubles.
Credit Alan Greenblatt / NPR
Along California Street, residents complain that piles of trash have been sitting uncollected for the better part of two weeks.
Crime has been bad on the south side of Stockton. Katherine Anderson, a lifelong resident of the Northern California city, says she's almost gotten used to hearing shots fired in her neighborhood.
Stockton has long had a problem with drugs. But there's been more crime because Stockton is broke.
Until Detroit's recent filing, Stockton's bankruptcy was the largest in U.S. history. Given widespread police layoffs and retirements, the city's gang intervention and narcotics teams have both closed shop. The result was a murder rate that last year broke all local records.
Curious about how social media sped up news cycles, amplified trivial events on the trail and enabled Washington's "worst tendencies" during the 2012 presidential race, one of the nation's top young political reporters decided to take a deeper look.
It may soon be drone hunting season. Deer Trail, Colorado, is considering a plan to issue hunting licenses for drones. It's a protest against federal surveillance. And even though the proposal has not passed, the Denver Post says 983 people applied. Now, you'd think the federal government would laugh off this notion that there would ever be a drone over Deer Trail. Instead, officials have warned against shooting them.
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From 'Morning Edition': NPR's Scott Horsley reports from the G-20 Summit
"The U.S. has intercepted an order from Iran to militants in Iraq to attack the U.S. Embassy and other American interests in Baghdad in the event of a strike on Syria," The Wall Street Journal reports.
Today is Janet Napolitano's last day as Secretary of the Department of Homeland Security. Napolitano is leaving Washington D.C., heading for California, to become at the end of this month, president of the University of California System. NPR's Brian Naylor sat down with Napolitano yesterday for a look back at her tenure as head of one of the government's largest and most complex departments.
Saturday in Buenos Aires, Argentina, the International Olympic Committee will announce the host of the 2020 Summer Games. The committee is choosing from among Istanbul, Madrid and Tokyo. The contenders all have strong selling points, but each also has serious issues clouding its bid.
There is something new and different for home mortgages: Jumbo loans are being made at lower interest rates than traditional home loans. That's kind of like a first class airplane ticket being cheaper than riding in coach.
At first this seems crazy. For as long as anybody can remember, homeowners have had to pay a premium to get jumbo loans. That's because they're not guaranteed by the federal government. If they're not guaranteed, they're riskier, so they cost more in interest payments.
Originally published on Tue September 10, 2013 12:52 pm
Here's a bit of news that might make you drop that chicken nugget midbite.
Just before the start of the long holiday weekend last Friday, the U.S. Department of Agriculture quietly announced that it was ending a ban on processed chicken imports from China. The kicker: These products can now be sold in the U.S. without a country-of-origin label.