NPR National News

Pages

Song Of The Day
6:03 am
Tue May 15, 2012

Louis Armstrong: With Love And Grace, A Final 'Hello'

In January 1971, in one of his final performances, Louis Armstrong used "Hello Dolly" to convey the joy of being alive.
Courtesy of the artist

Originally published on Tue May 15, 2012 5:07 pm

It was one of his final live performances. On Jan. 29, 1971, 69-year-old Louis Armstrong walked onto the stage at the National Press Club to accept an award. He'd planned to perform a couple of numbers and was under doctor's orders not to break out his trumpet, but Armstrong couldn't resist putting on a memorable show. He sang in a voice more gravelly than ever, blew his horn and played a few of his classics, starting with his rendition of "Hello Dolly."

Read more
Economy
4:29 am
Tue May 15, 2012

Fact Checking Data On The Boomerang Generation

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

The fact-checking organization PolitiFact looked into a shocking claim in a political ad. The ad said 85 percent of recent college graduates are moving back in with their parents. There was a reason for the ad to make that claim. PolitiFact found that 85 percent figure has been repeated by CNN, the New York Post, U.S. News, and more news organizations. The number fits the notion of a boomerang generation, thrown back home by the economy.

Read more
Around the Nation
4:27 am
Tue May 15, 2012

California Budget Deficit Grows

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

California Governor Jerry Brown wants to convince voters to accept two things they don't like: higher taxes and deep spending cuts. The Democrat proposed a budget yesterday which would only be the start of the pain. The other part would come in November with a ballot measure to raise taxes and spare education. Capital Public Radio's Ben Adler reports from Sacramento.

Read more
NPR Story
3:45 am
Tue May 15, 2012

Facebook Raises Anticipated Stock Price

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with a price hike for Facebook shares.

(SOUNDBITE OF MUSIC)

INSKEEP: OK, they're not even on sale yet, but investor excitement over Facebook's upcoming initial public offering has prompted the company to raise the price range for its shares. Sources say the new range will be from $34 to $38 per share. That's up from a previous range of $28 to $35.

NPR Story
3:45 am
Tue May 15, 2012

The Last Word In business

Originally published on Tue May 15, 2012 8:51 am

Transcript

DAVID GREENE, HOST:

And our last word in business: the passenger door is now closed. Please make sure all your electronic devices have been switched off.

If you're sick of those rules on planes, well, they may be changing a bit. Virgin Atlantic has announced passengers on their new Airbus will soon be able to chat on their mobile phones.

Read more
Business
3:45 am
Tue May 15, 2012

The Latest On JPMorgan Chase

Originally published on Tue May 15, 2012 8:51 am

Transcript

STEVE INSKEEP, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Steve Inskeep.

DAVID GREENE, HOST:

And I'm David Greene.

JP Morgan Chase has long had the reputation of being one of the better managed big banks in the country. So how did it make a $2 billion blunder and what does it tell us about banking today, nearly five years after the onset of the financial crisis? When such questions are looming, we often turn to David Wessel, economics editor of The Wall Street Journal.

And, David, welcome back to the program.

Read more
Election 2012
3:09 am
Tue May 15, 2012

JPMorgan's Loss A Gain For Campaign Positioning

The U.S. and JPMorgan Chase flags wave outside its headquarters in New York on Friday.
Eduardo Munoz Reuters /Landov

Originally published on Tue May 15, 2012 8:51 am

The fallout from banking giant JPMorgan Chase's $2 billion — and counting — loss has made its way into the presidential campaign. The president and presumptive GOP challenger Mitt Romney have very different views about the regulation of Wall Street, in particular the Dodd-Frank financial systems overhaul law.

Read more
Family Matters: The Money Squeeze
2:07 am
Tue May 15, 2012

Paying For College: More Tough Decisions

Kelley Hawkins (center) smiles at her daughter Carley (left) as her other daughter, Chelsea (right), looks on, in their family home in Harrisburg, Pa.
Kainaz Amaria NPR

Originally published on Wed May 23, 2012 9:48 am

Middle age is prime time for saving money. From your late 40s through early 60s, you're supposed to squirrel away cash to cope with health care costs in your old age.

But for millions of Americans, middle age also is the time when children are seeking help with higher-education bills, and elderly parents may be needing assistance with daily care.

Read more
The Salt
2:06 am
Tue May 15, 2012

Jetlagged By Your Social Calendar? Better Check Your Waistline

It doesn't take a transcontinental flight to end up out of sync with your body clock. It might just be that you stay up too late.
iStockphoto.com

Originally published on Tue May 15, 2012 8:51 am

Read more
Your Money
2:06 am
Tue May 15, 2012

Canada's Housing Market Booms; Experts See Trouble

Canada's real estate market is one of the hottest in the developed world.
Mike Cassese Reuters /Landov

Originally published on Tue May 15, 2012 8:51 am

Housing prices are going through the roof in Canada. The real estate market there is one of the hottest in the developed world. In Toronto, prices increased 10 percent in March alone. The average detached house in the city costs more than $600,000.

That has economists and the government worried that Canada is experiencing a housing bubble that's about to burst.

Read more

Pages