Economy
4:58 pm
Wed March 6, 2013

Time For The Fed To Take Away The Punch Bowl?

Federal Reserve Chairman Ben Bernanke testifies before the Senate Banking Committee in Washington last month. Some analysts wonder if he and other policymakers have kept interest rates too low for too long.
Carolyn Kaster AP

Originally published on Thu March 7, 2013 10:49 am

The stock market's long climb from its recession bottom has some people concerned it may be a bubble about to burst — a bubble artificially pumped up by the Federal Reserve's easy-money policy. That's led to calls — even from within the Fed — for an end to the central bank's extraordinary efforts to keep interest rates low.

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The Two-Way
4:58 pm
Wed March 6, 2013

Fossils Suggest Giant Relatives Of Modern Camels Roamed The Canadian Arctic

Illustration of the High Arctic camel on Ellesmere Island during the Pliocene warm period, aboutthree-and-a-half million years ago. The camels lived in a boreal-type forest. The habitat includeslarch trees and the depiction is based on records of plant fossils found at nearby fossil deposits.
Julius Csotonyi

Originally published on Thu March 7, 2013 10:49 am

Camels belong in the desert. That's what we've learned since grade school.

Today, NPR's Melissa Block talked to Natalia Rybczynski, a paleobiologist at the Canadian Museum of Nature, who tells Melissa that fossils she has unearthed tell a different story.

The fossils, found on a frigid ridge in Canada's High Arctic, show that modern camels actually come from giant relatives that roamed the forests of Ellesmere Island 3.5 million years ago.

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The Two-Way
4:57 pm
Wed March 6, 2013

House Gives OK To $982 Billion Short-Term Spending Bill

The House has approved a bill to fund the federal government through the end of September. The $982 billion continuing resolution introduced by Rep. Harold Rogers (R-KY), who heads the Appropriations Committee, would avoid a potential government shutdown on March 27.

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The Two-Way
4:53 pm
Wed March 6, 2013

U.S. Spent Too Much In Iraq, Got Little In Return, Watchdog Report Says

Ten years and $60 billion in taxpayer funds later, Iraq is still so unstable and broken that even its leaders question whether U.S. efforts to rebuild it were worth the cost. That's the finding of a report to Congress by Stuart Bowen, the Special Inspector General for Iraq Reconstruction.
Evan Vucci AP

Originally published on Wed March 6, 2013 5:13 pm

A decade and $60 billion later what does the U.S. have to show for the reconstruction efforts in Iraq? That's the question being answered by the Special Inspector General for Iraq Reconstruction in his final report to Congress.

The report by Stuart Bowen was based upon audits and inspections, as well as interviews with Iraqi and U.S. officials and politicians. Here's the crux of what happened to that money, according to the report:

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The Salt
4:13 pm
Wed March 6, 2013

Salami Suicide: Processed Meats Linked To Heart Disease And Cancer

Delicious. Also potentially deadly.
iStockphoto.com

Originally published on Wed March 6, 2013 5:32 pm

Bacon and bologna are hardly health food. But a huge new study offers the strongest evidence yet that eating processed meat boosts the risk of the two big killers, cancer and heart disease.

A multinational group of scientists tracked the health and eating habits of bacon-loving Brits, wurst-munching Germans, jamon aficionados in Spain, as well as residents of seven other European countries — almost a half-million people in all.

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Latin America
4:09 pm
Wed March 6, 2013

Venezuela-U.S. Relations Could Thaw After Chavez

Originally published on Thu March 7, 2013 10:49 am

Transcript

AUDIE CORNISH, HOST:

We turn now to the last U.S. ambassador stationed in Venezuela. Patrick Duddy represented the U.S. first under the Bush administration then later under the Obama administration. He was once expelled from Caracas. Ambassador Duddy is now a visiting senior lecturer at Duke University's Center for International Studies. When we spoke today, I asked him what it was like for him to be an ambassador to Venezuela under Chavez.

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The Two-Way
4:03 pm
Wed March 6, 2013

Loved Or Loathed, Hugo Chavez Was The Ultimate Showman

Always a showman, Venezuelan President Hugo Chavez, who died Tuesday, sings folk songs with a mariachi group in the capital, Caracas, in 2005.
Andrew Alvarez AFP/Getty Images

Originally published on Wed March 6, 2013 5:26 pm

I first encountered Hugo Chavez in Caracas, starring in his own television show, Hello, Mr. President. I couldn't take my eyes of the program, which began at 11 a.m. and ended after 7 p.m.

It was an endurance test for even the most die-hard sycophants and terrific entertainment for a first-time viewer. While the camera would pan droopy-eyed Cabinet members seated in the front row, El Presidente showed no signs of flagging.

At the seven-hour mark, he chirped, "Bueno!" and declared, "It's early! Let's keep talking."

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The Salt
3:58 pm
Wed March 6, 2013

Can Milk Sweetened With Aspartame Still Be Called Milk?

Morgan Barnett, 7, drinks from containers of 1 percent milk and chocolate milk during lunch at a school in St. Paul, Minn., in 2006.
Eric Miller AP

Originally published on Fri March 8, 2013 9:45 am

The dairy industry has a problem. Despite studies demonstrating milk's nutritional benefits, people are drinking less and less of it.

Even children are increasingly opting for water or other low-cal options — including diet soda and artificially sweetened sports drinks.

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It's All Politics
3:47 pm
Wed March 6, 2013

Obama's Outreach To GOP: More Optics Than Opportunity?

Republican Sens. John McCain of Arizona, Lindsey Graham of South Carolina and Kelly Ayotte of New Hampshire at the Capitol last month. The senators are among a group invited to dine Wednesday with President Obama.
Alex Wong Getty Images

Originally published on Wed March 6, 2013 4:21 pm

President Obama recently acknowledged the obvious: He doesn't have the supernatural powers necessary to do a mind meld, Jedi or otherwise, with Republican congressional leaders that would lead to pacts on fiscal policy or anything else for that matter.

But if he doesn't have the power to force meetings of the minds with his Republican opponents, he can at least still get meetings with them.

Popping up on the president's schedule all of a sudden was a Wednesday night dinner at a Washington, D.C., hotel with a group of GOP senators.

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Business
3:30 pm
Wed March 6, 2013

Dow's 'Record Highs' Misleading Without Including Inflation

Originally published on Thu March 7, 2013 10:49 am

Transcript

MELISSA BLOCK, HOST:

This is ALL THINGS CONSIDERED from NPR News . I'm Melissa Block.

AUDIE CORNISH, HOST:

And I'm Audie Cornish.

And a record close. That's what we've been hearing both today and yesterday as the Dow Jones industrial average climbs upwards.

BLOCK: That may be an ear-grabbing headline after a recession and years of unimpressive growth. But we begin this hour with a different take from Adam Davidson of NPR's Planet Money. Hey, Adam.

ADAM DAVIDSON, BYLINE: Hey, Melissa.

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