NPR News

Pages

Economy
1:25 am
Wed February 29, 2012

Record Low Interest Rates Raise Inflation Concerns

The Federal Reserve plans to keep short-term interest rates near zero until 2014, and some critics are concerned about the risk of inflation and the message it sends about the economy.
Karen Bleier AFP/Getty Images

The goal of the Federal Reserve's low interest rate policy is to juice the economic recovery. The low rates should make it easier for people to borrow money, which they'll hopefully spend; the increased demand for goods and services is then supposed to translate into more hiring.

That's what the Fed is banking on. It hopes low interest rates will help with its mandate of achieving maximum employment, but it also has another mandate: to keep prices stable.

"In many cases, those two conflict," says economist Joe Gagnon of the Peterson Institute for International Economics.

Read more
The Record
10:08 pm
Tue February 28, 2012

Music In Political Campaigns 101

Kid Rock performs during a campaign rally for Republican presidential candidate Mitt Romney in Michigan Monday night. Romney asked for, and was given, permission to use the Detroit rocker's song "Born Free" in his campaign.
Justin Sullivan Getty Images

Read more
Sweetness And Light
10:01 pm
Tue February 28, 2012

100 Points, One Game: A Basketball Record Turns 50

Wilt Chamberlain of the Philadelphia Warriors poses in the dressing room after he scored 100 points in a game against the New York Knickerbockers on March 2, 1962.
Paul Vathis AP

Originally published on Wed February 29, 2012 9:02 am

Dave Zinkoff — or simply "The Zink" — was perhaps the most distinctive public address announcer in sports when, years ago, he called games in Philadelphia, especially for the city's NBA teams. Just his declaring that there were two minutes left in the quarter made you feel that, never mind that quarter, doomsday was but 120 seconds away.

But nothing The Zink cried out was so resounding as when Wilt Chamberlain would make an emphatic slam.

"Dipper dunk!" he would holler.

Read more
Europe
10:01 pm
Tue February 28, 2012

For Leap Day Only, A Rare Newspaper Goes To Print

A man reads a copy of the satirical newspaper La Bougie du Sapeur (The Sapper's Candle), published every leap day, in a Parisian cafe on Feb. 29, 2008. The paper's tagline is "without reproach."
Patrick Hertzog AFP/Getty Images

Originally published on Wed February 29, 2012 9:02 am

At newsstands across France on Wednesday, readers will delight to a humorous broadsheet published every four years on leap day.

At news shops in Paris and around France, readers look forward to their copy of La Bougie du Sapeur every Feb. 29. Published since 1980, the satirical journal is now in its ninth edition. Its title, which translates as "sapper's candle," is taken from an old French comic-book figure who was born on that fateful last day of February.

Read more
All Tech Considered
10:01 pm
Tue February 28, 2012

Nailing Down The Appeal Of Pinterest

A visit to the Pinterest home page reveals images of what some say are stereotypically female interests, from women's fashions to recipes.
Pinterest

Originally published on Wed February 29, 2012 9:02 am

To the list of weird-sounding hybrid words of the digital age, like Googling and tweeting, we can now add "pinning." As in Pinterest. It's sort of an online scrapbook or bulletin board, and it's one of the fastest-growing websites in history.

Last month, more than 10 million unique visitors signed on to Pinterest. But some of them, like Billy Winburn, are still trying to get the hang of it. At an office in Alexandria, Va., Jennifer Folsom, who works a few desks away, is walking him through the process.

Read more

Pages