4:49am

Thu August 1, 2013
NPR Story

For Once, Congress Plans To Go On Recess Without A Meltdown

Originally published on Thu August 1, 2013 10:23 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. I'm Renee Montagne.

DAVID GREENE, HOST:

And I'm David Greene. Good morning. This is likely the last day the Senate will be in session until mid-September. Tomorrow members of the House will lave town as well. They're heading out for their August recess with none of the frantic legislative scrambles and deal making that typically end a summer session. Instead, lawmakers seem to be saving their strength for epic battles when they get back. Here's NPR's David Welna.

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4:49am

Thu August 1, 2013
NPR Story

Who Will Be The Next Fed Chairman?

Originally published on Thu August 1, 2013 10:23 am

Transcript

RENEE MONTAGNE, HOST:

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3:03am

Thu August 1, 2013
Animals

Jack Longino, 'The Astonishing Ant Man,' Finds 33 New Species

Originally published on Fri August 2, 2013 6:01 pm

A side view of the new ant species Eurhopalothrix zipacna. Mounting glue and paper appear beneath the ant, one of 33 new species discovered in Central America by Jack Longino, a biologist at the University of Utah.
John T. Longino University of Utah

While many of us spend our working days staring into an electronic box or dozing at meetings, there are some who prefer to crawl through tropical rain forests. People like "the astonishing ant man."

That's what his students call Jack Longino. Longino started out collecting stamps in his childhood, but that got boring fast. Man-made things just didn't thrill, so Longino decided to "get small."

As in: "If you're shopping for a home entertainment system," he says, "you can't do better than a good dissecting microscope."

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3:03am

Thu August 1, 2013
Business

Firm Hopes 'Owning Nashville' Will Pay Off For Investors

Originally published on Thu August 1, 2013 10:23 am

A new fund trading on the New York Stock Exchange will allow investors to put money in companies that all call Nashville home. The manager's of the fund hope to expand the project to other cities.
Walter G. Arce CSM /Landov

There's a hot stock tip floating around Nashville, and it's a first-of-its-kind investment fund that begins trading on the New York Stock Exchange Thursday.

The fund is a collection of stocks in publicly traded companies that have one thing in common: the city they call home.

When people buy into the Nashville Area Exchange Traded Fund — which starts trading at $25 a share — they will essentially be placing a bet based on an area code.

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3:02am

Thu August 1, 2013
Business

As Back-To-School Shopping Begins, Consumers May Turn Frugal

Originally published on Fri August 2, 2013 6:01 pm

Chris Viehland helps her daughter Jenna try on shoes for the new school year at a Famous Footwear store in Fenton, Mo., Aug. 9, 2012.
Christian Gooden MCT/Landov

As August begins, retailers are stepping up sales promotions to attract back-to-school shoppers. And several states are offering tax-free shopping to encourage purchases.

But most economists say this year's sales will be slower than last summer's because consumers have been coping with more expensive gasoline and higher payroll taxes.

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3:01am

Thu August 1, 2013
Code Switch

To '60s Civil Rights Hero, Math Is Kids' Formula For Success

Originally published on Fri August 2, 2013 6:01 pm

Bob Moses works with Jennifer Augustine, Guitoscard Denize, Darius Collins and other students who are part of this Algebra Project classroom. It's one of several student cohorts across the country where students who've struggled with math get to college-level by the end of high school.
Christopher Connelly NPR

Bob Moses is 78, but he has the same probing eyes you see behind thick black glasses in photos from 50 years ago when he worked as a civil rights activist in Mississippi. The son of a janitor, Moses was born and raised in Harlem. He's a Harvard-trained philosopher and a veteran teacher.

He started a math training program — the Algebra Project — with a MacArthur "Genius Grant" 30 years ago. The goal is simple: Take students who score the worst on state math tests, double up on the subject for four years and get them ready to do college-level math by the end of high school.

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3:00am

Thu August 1, 2013
All Tech Considered

Beyond .Com: Some See Confusion In Internet Domain Expansion

Originally published on Thu August 1, 2013 10:23 am

Suffixes like .org, .net and .com are the most common on the Internet today. But the Internet Corporation for Assigned Names and Numbers, which governs Web names, plans to add some 1,400 more, some ending in Arabic or Chinese characters.
iStockphoto.com

Starting this fall, the Internet Corporation for Assigned Names and Numbers, or ICANN, will begin rolling out 20 new suffixes, or top-level domains, every week. This will create new entrepreneurial opportunities, says ICANN CEO Fadi Chehade.

"Diversity to the domain name system is coming," he says.

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8:52pm

Wed July 31, 2013
The Two-Way

Sold! First Parcels Auctioned For Future Offshore Wind Farms

Originally published on Fri August 2, 2013 6:01 pm

The offshore wind farm in the North Sea near Borkum, Germany, is nearly complete. The Riffgat facility, seen here on June 23, includes 30 turbines, each with a generating capacity of 3.6 megawatts.
David Hecker Getty Images

A Rhode Island company was the highest bidder in the federal government's first-ever auction for the right to build an offshore wind farm.

After 11 rounds, Deepwater Wind outbid two other companies for two patches of ocean off the coasts of Massachusetts and Rhode Island. The winning bid was $3.8 million.

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7:43pm

Wed July 31, 2013
It's All Politics

Obama's Fed Pick Quandary: What Does It Mean For His Legacy?

Originally published on Thu August 1, 2013 9:56 am

Janet Yellen, vice chairwoman of the Federal Reserve, is under consideration to become the first woman to lead the Fed. President Obama reportedly is likely to choose between Yellen and former Treasury Secretary Lawrence Summers.
Franck Robichon EPA/Landov

Of all the legacies presidents leave behind, few are as important — yet as poorly understood in the moment — as their picks for chairman of the Federal Reserve.

Paul Volcker, credited with taming double-digit inflation through backbreaking high interest rates that contributed to the recession of the early 1980s, was among President Jimmy Carter's most consequential appointments.

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7:30pm

Wed July 31, 2013
The Two-Way

House Votes To Cut Student Loan Rate, Sends Bill To Obama

Originally published on Wed July 31, 2013 8:08 pm

The Republican-controlled House on Wednesday overwhelmingly approved a bipartisan bill to cut the cost of borrowing for federal student loans, sending the measure to President Obama for his signature.

The bill, which had easily passed the Democratic-controlled Senate last week, would retroactively cut higher rates — which on July 1 had jumped to at least 6.8 percent.

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