Mitt Romney's new running mate has authored some provocative policy proposals to cut budget deficits and overhaul Social Security, Medicare and Medicaid. But Rep. Paul Ryan has also been an advocate for a different course for the central banking system of the United States, the Federal Reserve.
For the past 35 years, the Fed has had a dual mandate from Congress: to set interest rates at levels that will both foster maximum employment and keep prices stable. Put another way, the Fed's goals are to get unemployment as low as possible while keeping inflation in check.
As part of the NPR Cities Project, we're exploring some "gee-whiz" questions about how cities work. Melissa Block talks to Gideon Berger, Fellowship Director for the Urban Land Institute, on the street in Washington, D.C.'s Chinatown. They talk about the trickiness of timing traffic lights
The British bank accused of using its New York branch to launder money from international transaction has agreed to pay New York's top banking regulator $340 million. Regulators said the bank schemed to hide more than 60,000 financial transactions totaling $250 billion for Iranian clients. The bank denied the charges. Audie Cornish talks with Jim Zarroli.
In light of this summer's record high temperatures, we find perspective on really hot temperatures. In an experiment, scientists at Europe's CERN laboratory claim to have achieved the highest temperature ever produced by humans — about 5.5 trillion degrees. Audie Cornish and Melissa Block have more.
A worker on a newly constructed transmission tower near Buetzow, Germany, earlier this month. The German government plans to shut down nuclear power plants and is seeking to replace that production with power from renewable energy sources, especially wind turbines and solar parks. New power transmission lines will be needed.
Credit Eric Westervelt / NPR
Wind turbines near Ellhoeft, in northern Germany, close to the Danish border. The challenge for Germany's new energy plan is how to transmit power generated in the north to the population centers in the south.
Originally published on Thu August 16, 2012 12:07 pm
After Japan's Fukushima disaster last year, Germany announced a groundbreaking energy plan: It would phase out all of its domestic nuclear power in a decade and make a transition to safer, carbon neutral energy.
The goal is to have solar, wind and other renewables account for nearly 40 percent of the energy for Europe's largest economy in a decade, and 80 percent by 2050.
Actress Julie Delpy first beguiled American audiences in 1995, playing the enigmatic French student in Richard Linklater's film Before Sunrise. Ever since, Delpy has enjoyed life on the Hollywood fringe, preferring indie projects where she can help shape her roles.
She co-wrote the Oscar-nominated script to Linklater's sequel, Before Sunset, and has also begun directing her own projects. For her latest, 2 Days in New York, she directed, produced and helped write the script.
When the Waldo Canyon Fire roared over the hill behind the Mountain Shadows neighborhood in Colorado Springs, Colo., in June, nearly350 homes were destroyed. The blaze reduced this affluent neighborhood at the foot of the mountains to rubble.
C.J. Moore's home on Mirror Lake Court was among the casualties. The inferno was so hot, her stone driveway exploded. Only a few blackened trees sway eerily in the wind where her home used to stand.
Connecticut GOP Senate candidates Rep. Christopher Shays and Linda McMahon shake hands at a June 14 debate in Storrs. State Republicans vote Tuesday on which candidate will move on to the general election.