Planet Money
1:16 am
Thu September 13, 2012

The Fed's Other Big Power

Give us a sign.
Alex Brandon AP

Originally published on Fri September 14, 2012 1:06 pm

We think of the power of the Federal Reserve as the power of money. After all, the Fed is the one institution that can create U.S. dollars out of thin air.

But recently, Ben Bernanke has argued that the Fed has another, critical power: the power of words. And when you're the chairman of the Fed, a few words can go a long way.

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Economy
1:03 am
Thu September 13, 2012

Fed Stimulus Expected, But Remedy May Not Be Right

Federal Reserve Chairman Ben S. Bernanke in a hearing of the Joint Economic Committee on Capitol Hill in June.
Brendan Smialowski AFP/Getty Images

Originally published on Thu September 13, 2012 8:02 am

Federal Reserve policymakers are meeting in Washington, trying to decide whether — and exactly how — to boost the sluggish economy. Many analysts are expecting the Fed to take action, but they're also beginning to question whether another stimulus program will have any effect.

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It's All Politics
5:44 pm
Wed September 12, 2012

Obama's Post-Charlotte Bounce May Owe More To TV Ads Than Convention

President Obama gives his acceptance speech at the Democratic National Convention.
Alex Wong Getty Images

Originally published on Thu September 13, 2012 10:24 am

It's become conventional wisdom that President Obama's new lead in the polls is a bounce, coming out of the Democratic convention in Charlotte, N.C.

But an analysis from the Wesleyan Media Project suggests that the bounce might be due to TV ads as much as grand speeches. The Obama campaign and its allies laid out $21.1 million for TV during the two weeks of the party conventions. Over that same stretch, Republican Mitt Romney and his backers spent significantly less, $12.9 million.

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All Tech Considered
5:22 pm
Wed September 12, 2012

New iPhone Plug Spells Inconvenience For Users, Change For Accessory Makers

The Lightning connector replaces Apple's 30-pin connector.
Apple

I kind of think of Philz Coffee in Palo Alto, Calif., as the epicenter of Apple fanatics. It's so hip, only hand-poured specialty blends are sold here.

Every day dozens of techie types come to Philz for coffee and then lounge around on the leather sofa sipping away, often with Apple products scattered in front of them.

Yeliz Ustabas has an Apple laptop perched next to her and an iPhone balanced on her knee.

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Education
4:58 pm
Wed September 12, 2012

Rahm Emanuel Walking A High Wire With Teachers

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

It's the third day of the teachers' strike in Chicago. For the first time in 25 years, teachers are on the picket line and 350,000 students are out of class. The strike poses a unique challenge for Chicago's Mayor Rahm Emanuel. That's because he's also one of President Obama's top fund-raisers and surrogates.

From Chicago, NPR's Sonari Glinton reports.

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Europe
4:58 pm
Wed September 12, 2012

Germany Clears Next Big Step For Eurozone Recovery

Transcript

AUDIE CORNISH, HOST:

It's ALL THINGS CONSIDERED from NPR News. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block.

Europe's debt crisis has caused havoc, toppling governments, breaking banks, leaving a multitude of young people without jobs. Now there's a glimmer of hope.

As NPR's Philip Reeves reports, today, Germany's highest court cleared the way for the next big step in the eurozone's grand plan to save itself.

UNIDENTIFIED MAN: (Foreign language spoken)

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Presidential Race
4:58 pm
Wed September 12, 2012

Romney Criticizes Obama's Response To Libya Attack

Transcript

AUDIE CORNISH, HOST:

It didn't take long for the attacks in Benghazi and Cairo to become part of the presidential campaign. Mitt Romney jumped in first. In a statement last night before Ambassador Stevens' death had been announced, Romney accused President Obama of sympathizing with those who waged the assault. The Obama campaign responded, saying it was shocked that Romney would launch a, quote, "political attack" at this moment. And the politics have continued today as NPR's Mara Liasson reports.

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Religion
4:58 pm
Wed September 12, 2012

Anti-Islam Film May Be Connected To Libya Attack

Transcript

AUDIE CORNISH, HOST:

We're going to hear more now about the film that was, at least in part, the catalyst for the violence in Libya, as well as protests in Egypt. Some news outlets are saying the filmmaker has gone into hiding.

As NPR's Elizabeth Blair reports, very few people have actually seen the supposed two-hour movie, if it exists at all.

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Sports
4:58 pm
Wed September 12, 2012

Same-Sex Marriage Finds New Support In NFL

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.

MELISSA BLOCK, HOST:

And I'm Melissa Block. Support for same-sex marriage has come from what seems an unlikely corner - the NFL. Two NFL players have been vocal in urging support for same-sex marriage in ballot initiatives this fall. Well, that position from linebacker Brendon Ayanbadejo of the Baltimore Ravens drew the ire of a Maryland delegate, Emmett Burns, who urged the Ravens to silence their player.

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Education
4:58 pm
Wed September 12, 2012

Head Of Chicago Teachers Union Rose The Ranks

At the center of the Chicago teachers' strike are Mayor Rahm Emanuel and the head of the teachers' union, Karen Lewis. To learn more about Lewis and the relationship between the teachers' union and the mayor's office, Audie Cornish talks to Joel Hood, education reporter at the Chicago Tribune.

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