Visa, MasterCard, some of the nation's other largest banks have agreed to a multibillion dollar settlement of a class action suit involving credit card transaction fees. Now, those are what merchants pay when you use plastic instead of cash. Retailers allege that the two largest payment networks conspired with the banks to keep so-called swipe fees high. NPR's Wendy Kaufman reports.
As Mitt Romney defends his business record, President Barack Obama is on the campaign trail. He'll be in the suburbs of Richmond, Virginia and Washington, D.C. today. Yesterday, the president traveled to the Tidewater region of southeastern Virginia, and he continued to make his pitch that he is the best champion for the middle class. NPR's Scott Horsley reports.
We may never know all the reasons why Rep. Jesse Jackson Jr., D-Ill., has dropped out of sight, but history teaches us that if a public figure is linked to "exhaustion," the word can be code for something more problematic than simply being tired.
Winston Churchill is best remembered as the British prime minister whose speeches rallied a nation under a relentless Nazi onslaught in World War II. But few people know that he won the Nobel Prize in Literature — in part for his mastery of speechmaking.
Now, a new exhibition at the Morgan Library in New York City, Churchill: The Power of Words, holds a megaphone to Churchill's extraordinary oratory.
When the mercury's soaring, a cold, refreshing beer can be the best part of summer. As part of our occasional Taste of Summer series, we asked beer expert Graham Haverfield to recommend a few of his seasonal favorites.
Haverfield is the beer director for the Wine Library in Springfield Township, N.J. He's also a certified cicerone, or beer server. "Summer beers are typically lighter in body, they're typically a little lower in alcohol," he tells NPR's Scott Simon.
The latest detainee to leave the Guantanamo Bay prison boarded an Air Force jet earlier this week. His destination: Sudan. The man, 52-year-old Ibrahim al-Qosi, had admitted to being Osama bin Laden's bookkeeper, driver and sometime cook, and he was one of the first prisoners to arrive at Guantanamo in 2002.
Now, he is the latest to leave. His departure brings the total detainee population at the U.S. naval base in Cuba down to 168 — from a high of 680 in May 2003.
Republican presidential candidate Mitt Romney sat for a hastily arranged flurry of TV interviews Friday, strongly denying he had any role in running Bain Capital at a time when, according to reports, the company invested in firms that outsourced jobs overseas.
He also called for an apology from President Obama for statements by his campaign that Romney said were beneath the dignity of the presidency.
As the French people celebrate their revolution on Saturday, Bastille Day, the founding principles — liberte, egalite and fraternite — seem to be alive and well.
New President Francois Hollande embraced equality on the campaign trail this spring. To reduce the French deficit, he proposed raising taxes on large corporations and the super-rich. The move helped his campaign take off, says Gerald Andrieu, a political journalist with Marianne magazine.