Business and Economy

Around the Nation
4:56 pm
Tue February 11, 2014

Going To College May Cost You, But So Will Skipping It

A new study shows that the income gap between young adults who go to college and those who don't only continues to grow.
iStockphoto

Originally published on Tue February 11, 2014 7:00 pm

In America, total student loan debt tops $1 trillion and a four-year college degree can cost as much as a house — leaving many families wondering if college is really worth the cost.

Yes, a new study of young people finds. The study, released Tuesday by the Pew Research Center, looks at income and unemployment among young adults. Paul Taylor, executive vice president of special projects at Pew, says it's pretty much case closed when it comes to the benefits of going to college.

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U.S.
4:56 pm
Tue February 11, 2014

Nonprofits Pull In Investors To Tackle Housing Affordability

Melissa Conklin, 23, stands in the kitchen of her two-bedroom apartment at Woodmere Trace in Norfolk, Va. She earns about $30,000 a year at a nearby car dealership, and says these apartments are not only convenient, but affordable. She pays about $900 a month here, far less than other apartments in the area.
Pam Fessler NPR

Originally published on Thu February 27, 2014 11:56 am

One of the biggest problems facing low-income families in the U.S. today is a lack of affordable housing.

According to a recent report by the Joint Center for Housing Studies at Harvard, more than 7 million low-income households now spend more than half of their income for rent, which leaves little money for anything else. And the situation is expected to get worse.

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Politics
4:56 pm
Tue February 11, 2014

House Passes 'Clean' Debt Limit Bill

A woman looks at the U.S. Capitol on Dec. 31 in Washington.
Jacquelyn Martin AP

Originally published on Tue February 11, 2014 7:00 pm

Tuesday saw a rarity in Congress these days: a "clean" bill.

The House passed one to raise the debt limit, a move that avoids a possible default later this month.

In the past, House Republicans have used this debate to extract concessions from President Obama and congressional Democrats.

But not this time. House Republicans demanded nothing in return. The House passed the no-strings-attached debt hike Tuesday evening — though just 28 Republicans voted with the Democratic minority to pass the extension, 221 votes to 201 votes.

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Education
4:56 pm
Tue February 11, 2014

Pay Cuts, End Of Tenure Put North Carolina Teachers On Edge

Elementary school students in North Carolina stand outside their school in November, during an event organized by teachers to protest changes in public education.
Dave DeWitt WUNC

Originally published on Tue February 11, 2014 7:00 pm

Teacher salaries are losing ground fast in North Carolina.

Jennifer Spivey has been a teacher for three years at South Columbus High School, on the north side of the border between the Carolinas. She's been recognized as an outstanding teacher; she has a master's degree, and last summer she won a prestigious Kenan fellowship to improve education. But she still lives in her parents' basement.

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The Two-Way
4:48 pm
Tue February 11, 2014

House Votes To Extend Debt Limit To March 2015

The House of Representatives has voted to extend the federal debt limit, after the Republican majority abandoned its hopes to tie other provisions to the measure. By a 221-201 vote, the House voted to extend the debt limit to March 15, 2015.

Update at 5:35 p.m. ET: Ryan Reportedly Voted 'No'

In the end, 28 Republicans joined with 193 Democrats to approve the move.

On Twitter, several congressional reporters quickly noted that House Budget Committee Chairman Paul Ryan, R-Wis., was one of many Republicans who voted against the legislation.

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Economy
3:45 pm
Tue February 11, 2014

Fed Chair Promises Continuity Before Congress

Originally published on Tue February 11, 2014 7:00 pm

Transcript

MELISSA BLOCK, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.

ROBERT SIEGEL, HOST:

And I'm Robert Siegel.

Janet Yellen made her first appearance on Capitol Hill today as the new leader of the Federal Reserve. Her message was clear. There will be no sudden changes in Fed policy. As NPR's John Ydstie reports, Yellen said the central bank is likely to keep pulling back its big stimulus program despite concerns about the economy.

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The Salt
2:22 pm
Tue February 11, 2014

After 23 Years, Your Waiter Is Ready For A Raise

A Denny's waitress delivers breakfast to customers in Emeryville, Calif. The tipped minimum wage has been stuck at $2.13 since 1991.
Justin Sullivan Getty Images

Originally published on Wed February 12, 2014 3:21 pm

When Woody Harrelson's character got hired as a bartender on Cheers, he was so excited, he insisted on working for no more than the minimum wage. "I'd work like a slave," he said, "and, of course, I'd wash your car."

Most bar and restaurant workers would prefer to bring home a little more cash. They may be in luck.

As part of his plan to raise the minimum wage, President Obama has called for substantially increasing the base wage paid to tipped workers for the first time in decades.

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State Capitol
1:23 pm
Tue February 11, 2014

Oklahoma Revenue Collections Improve In January

Credit KellyK / Flickr Creative Commons

State finance officials say collections to Oklahoma government's main operating fund improved in January, lessening the chance that mandatory budget cuts will be ordered for the current fiscal year.

Figures released Tuesday by the Office of Management and Enterprise Services show January collections to the General Revenue Fund totaled $610 million. That amount is 6.5 percent above the official estimate used to build the current year's state budget.

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All Tech Considered
12:40 pm
Tue February 11, 2014

The Internet Flexes Political Muscle With Anti-NSA Protest

Thousands of websites participating in the "Day We Fight Back" will show this banner, or something similar, to site visitors.
Courtesy of Demand Progress

Originally published on Wed February 12, 2014 12:27 pm

Reddit, Tumblr and Mozilla are among nearly 6,000 websites participating in "The Day We Fight Back," an online protest Tuesday against government surveillance.

The goal of the protest, organizers say, is partly to pass a federal bill called the USA Freedom Act, which is intended to rein in the mass surveillance programs by the National Security Agency that were exposed by Edward Snowden.

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The Salt
9:54 am
Tue February 11, 2014

N.Y. Immigrants Find They Can Earn Bread And Butter From Baking

Hot Bread Almacen, the retail shop of Hot Bread Kitchen, is located in the historic La Marqueta building in East Harlem, New York.
Daniel Krieger for Hot Bread Kitchen

Originally published on Tue February 11, 2014 10:31 am

In the heart of New York City's Spanish Harlem, women from Morocco to Mexico arrive before dawn to crank up the ovens at Hot Bread Kitchen.

Despite their different cultures and languages, this non-profit training bakery says most of its participants have one thing in common: they all grew up learning how to bake traditional breads.

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