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The Two-Way
1:41 pm
Thu September 13, 2012

Ben Bernanke: Fed Is Looking For 'Sustained Improvement' Of Economy

Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington.
Manuel Balce Ceneta AP

Originally published on Thu September 13, 2012 1:55 pm

Federal Reserve Chief Ben Bernanke said the new monetary policy announced today is aimed at getting the U.S. economy moving for good.

After a meeting of the Federal Open Market Committee, the Fed announced that it would spend $40 billion a month on mortgage-backed securities in an effort to stimulate the economy and drive the the unemployment rate down.

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The Two-Way
1:22 pm
Thu September 13, 2012

Monkey, New To Science, Found In Central Africa

Researchers have identified a new species of African monkey, locally known as the lesula.
Maurice Emetshu, Noel Rowe PLOS ONE/AP

Originally published on Thu September 13, 2012 9:19 pm

It would seem difficult to overlook something as large as a new species of monkey, but scientists had no idea about the lesula until just a few years ago when conservation biologist John Hart discovered a specimen being kept as a pet in the Democratic Republic of Congo.

In retrospect, the monkey's striking, almost humanlike face should have made it hard to miss, and Hart, who spoke with All Things Considered host Melissa Block, is the first to admit that this new monkey was apparently not such a mystery to the Congolese themselves.

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Planet Money
1:04 pm
Thu September 13, 2012

The Fed Goes Big

Any questions?
Jim Watson Getty Images

Originally published on Thu September 13, 2012 4:06 pm

What people think is going to happen to the economy has a huge influence over what actually happens. If you can change peoples' expectations, you can change the world.

The Federal Reserve knows this. And, as Robert Smith pointed out this morning, Ben Bernanke and the Fed have been using the power of expectations more and more in recent years.

This afternoon, the Fed took another huge step in this direction.

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Education
12:39 pm
Thu September 13, 2012

What's At Stake For U.S. Teachers

Chicago Teachers Union members picket the CPS headquarters in Chicago on Thursday, the fourth day of their strike.
John Gress Reuters/Landov

Originally published on Fri September 14, 2012 2:46 pm

The intractable issues that led to the teachers' strike in Chicago are being argued about in states and school districts across the country.

The past decade has been a time of enormous ferment in education policy, with numerous new ideas and approaches being promoted by everyone from conservative think tanks to the well-heeled Bill & Melinda Gates Foundation to Obama administration officials.

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The Two-Way
12:12 pm
Thu September 13, 2012

'All That's Great About America': Nation Bids Neil Armstrong Farewell

Members of the congregation stand at the Washington National Cathedral in Washington during the national memorial service for the first man to walk on the moon, Neil Armstrong.
Ann Heisenfelt AP

Originally published on Thu September 13, 2012 9:19 pm

Hundreds packed the Washington National Cathedral today to pay their respects to Neil Armstrong, the first man to walk on the moon.

Perhaps the most amazing tribute came from Eugene Cernan, the man who followed in Armstrong's footsteps and became the last man to walk on the moon during the 1972 Apollo 17 mission.

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