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Economy
2:15 am
Mon December 31, 2012

Europe Fails To Stimulate Growth In 2012

Originally published on Mon December 31, 2012 10:52 am

The U.S. economy grew at a steady though not very strong pace this year. But Europe slipped back into recession because of the ongoing debt crisis. European leaders took steps to stimulate growth, but it wasn't enough to reverse course.

The economic crisis that got under way five years ago was felt all over the world. But Mohammed El-Erian, CEO of the investment firm PIMCO, says different regions have healed at much different rates.

The year "2012 was another multispeed world globally, in the sense that different parts did different things," he says.

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Politics
1:33 am
Mon December 31, 2012

After Fruitless Weekend, Congress Still Seeks Fiscal Deal

Senate Minority Leader Mitch McConnell, R-KY, leaves the Senate chamber to caucus in the Capitol on Sunday.
Molly Riley AFP/Getty Images

Originally published on Mon December 31, 2012 3:46 am

It is almost unimaginable that both the House and Senate would be in session on a Sunday evening on the penultimate day of the year. And yet, they both were, with lawmakers hoping it was not merely a big waste of time and effort.

A bipartisan push by Senate leaders over the weekend has so far failed to forge a deal to spare American wage earners from tax hikes and shield government programs from drastic cutbacks.

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Planet Money
1:32 am
Mon December 31, 2012

The Fiscal Cliff: A Love Story

Originally published on Mon December 31, 2012 3:46 am

America, if you're scared by all the talk you've been hearing about the fiscal cliff, take heart: There are reasons for people across the political spectrum to love the cliff.

There's a lot for liberals to like in the fiscal cliff, says Matthew Yglesias, who writes wonky articles about economics for Slate.

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Books
1:31 am
Mon December 31, 2012

Listen Up! Audiobooks For Every Taste

iStockphoto.com

Originally published on Mon December 31, 2012 3:46 am

  • Hear an excerpt of 'Thomas Jefferson: The Art of Power'

If you're feeling overwhelmed by the holiday rush — too swamped, even, to spend an afternoon reading those books you got for Christmas, we have some recommendations for you — but these are audiobooks, so you can listen while you multitask.

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Shots - Health News
1:30 am
Mon December 31, 2012

Research Moratoriums And Recipes For Superbugs: Bird Flu In 2012

Researchers at the U.S. Geological Survey National Wildlife Health Center in Madison, Wis., use eggs to see if the Asian strain of the H5N1 bird flu virus has entered the U.S. in this photo from 2006.
Andy Manis AP

Originally published on Mon December 31, 2012 3:46 am

For scientists who study a dangerous form of bird flu, 2012 is ending as it began — with uncertainty about what the future holds for their research, but a hope that some contentious issues will soon be resolved.

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