From 'Morning Edition': Yuki Noguchi talks with David Greene
Update at 8:41 a.m. ET.: Job Growth Slows Sharply, But Unemployment Rate Dips
Although economists had been expecting to hear that the U.S. economy added 200,000 jobs in March, the news is out and the number is far less. Just 88,000 jobs were added to private and public payrolls, the Labor Department reports. The jobless rate still edged down to 7.6 percent — but only because nearly half a million fewer people were in the labor force.
The NCAA men's basketball tournament resumes tomorrow. Louisville plays Wichita State and Syracuse faces Michigan. On the women's side, it's Louisville again. They're playing California. Notre Dame is playing Connecticut. These quartets of teams, of course, are known as the Final Four, and this stage in the tournament is a resume booster for teams and coaches. NPR's Mike Pesca ponders the question of why college basketball, unique among major team sports, celebrates the semi finalists.
Bitcoin is a virtual currency that's traded largely online. It was created in 2009 in the aftermath of the global financial crisis as an alternative to currencies which are controlled by countries and central bankers. But Bitcoin has been on a wild ride lately, soaring in value during the anxious days of the Cyprus banking crisis.
We're going to look at the currency's history in today's Business Bottom Line. Here's NPR's Steve Henn.
The computer maker's chairman Ray Lane has stepped down as executive chairman. He's been on thin ice with shareholders after his role in acquiring a business software company ended up hurting HP's bottom line.
We have been hearing a lot about North Korea and nuclear weapons lately. Well, nuclear negotiators have just wrapped up a first day of talks on Iran's nuclear program. Tehran does not have nuclear weapons and insists it doesn't want them, but six world powers say the country must do more to assure the world that its program is entirely peaceful. We spoke earlier with NPR's Peter Kenyon, who is in Almaty, Kazakhstan for the talks. Peter, good morning.