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Economy
3:31 am
Thu December 6, 2012

What Should The U.S. Learn From Europe's Woes?

Credit Bertrand Langlois / AFP/Getty Images
French President Francois Hollande (left) and German Chancellor Angela Merkel take part in a bilateral meeting at the EU headquarters in Brussels on Nov. 22 as part of a European budget summit.

Originally published on Thu December 6, 2012 4:21 pm

As President Obama and Capitol Hill lawmakers assess the need for spending cuts and tax increases against the risk of triggering a new recession, they might look across the Atlantic for insights from those who have already grappled with those budgetary questions.

The problem of excessive government debt has swamped economies across Europe and forced countries to take severe measures to cut their deficits. The first lesson from their "fiscal consolidation" experiences: It will hurt.

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Research News
3:30 am
Thu December 6, 2012

Can Murder Be Tracked Like An Infectious Disease?

Originally published on Thu December 6, 2012 5:12 am

If I asked you to think of a murderer, what's the image that springs to mind?

If you're like most people, you'll probably think of an evil psychopath, or someone bent on revenge. Perhaps you'll see a criminal mastermind, who eliminates rivals on his way to riches. Or a strung-out drug addict, who kills because she needs money to get high.

All of these images have something in common: As a rule, we tend to associate murder with the behavior of individuals who behave in aberrational ways.

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Deceptive Cadence
3:29 am
Thu December 6, 2012

Anonymous 4 Marks A Milestone Year, Together And Alone

Credit Chris Carroll / Brooklyn Academy of Music
To mark the group's 25th anniversary, Anonymous 4 commissioned the new piece love fail from Pulitzer Prize-winning composer David Lang.

Originally published on Thu December 6, 2012 9:05 am

As of this year, the vocal group Anonymous 4 has been introducing modern audiences to medieval music for a quarter century. When the all-female quartet asked David Lang to help mark the occasion by writing them some music, he didn't need any convincing. The Pulitzer Prize-winning composer was already a big fan.

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It's All Politics
6:06 pm
Wed December 5, 2012

Looming Spending Cuts Would Hit Hard All Over

Credit Jewel Samad / AFP/Getty Images
Alan Krueger, chairman of the president's Council of Economic Advisers, warns that consumer spending will drop if Congress and the White House fail to reach a deal on spending cuts and tax increases.

Originally published on Wed December 5, 2012 6:09 pm

Tax increases are only a part of what lies ahead if Congress can't come to an agreement to avert the fiscal cliff by the new year. Massive spending cuts will also kick in — and those cuts will be felt throughout the economy.

The current stalemate got under way two years ago when Congress, locked in a bitter partisan battle over whether to extend the George W. Bush-era tax cuts, passed what was known as the Budget Control Act of 2011.

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The Two-Way
6:01 pm
Wed December 5, 2012

More Than 100 Injured, As Protests In Egypt Escalate

Credit AFP/Getty Images
Egyptian protesters stand outside the burning office of the Muslim brotherhood in Ismailia, Egypt on Wednesday.

The standoff between Egyptian President Mohammed Morsi and his critics escalated today, when more than 100 people were injured in clashes between supporters and detractors.

NPR's Soraya Sarhaddi Nelson reports from Cairo that the opposition accused Mori's Islamist government of escalating the situation and they dismissed calls to find a consensus.

Soraya sent this report our Newscast unit:

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It's All Politics
5:33 pm
Wed December 5, 2012

Obama And House GOP Engage In Fiscal Cliff Talks, Just Not With Each Other

Originally published on Wed December 5, 2012 6:30 pm

The president and House Republicans continued to snipe at each other Wednesday over the impending set of automatic tax hikes and spending cuts known as the fiscal cliff. They traded accusations and blame during another day with plenty of talk, but — until late in the day, at least — no negotiations.

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U.S.
5:30 pm
Wed December 5, 2012

White House To Seek Emergency Sandy Funds

Originally published on Thu December 6, 2012 10:24 am

Billions in damages and not enough in the bank account — that's where federal officials find themselves in the aftermath of Hurricane Sandy.

The White House says it will send an emergency funding request to Capitol Hill this week — expected to be $50 billion to $60 billion. Top administrators told Congress on Wednesday that they want at least some of that money to go toward preventing the kind of devastation caused by Sandy and other recent storms.

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The Two-Way
5:05 pm
Wed December 5, 2012

Red Alert: Aerospace Industry Counts Down to Cutbacks

It's red alert time for aerospace industry executives, workers and contractors.

As they mingled today at the Aerospace Industries Association's annual Year-End Outlook luncheon at a Washington Grand Hyatt, the bright red electronic digits kept counting down for them.

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Environment
4:47 pm
Wed December 5, 2012

In Arid West, Cheatgrass Turns Fires Into Infernos

Originally published on Wed December 5, 2012 6:36 pm

Cheatgrass is about as Western as cowboy boots and sagebrush. It grows in yellowish clumps, about knee high to a horse, and likes arid land.

One thing cheatgrass does is burn — in fact, more easily than anyone realized. That's the conclusion from a new study that says cheatgrass is making Western wildfires worse.

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Economy
4:44 pm
Wed December 5, 2012

A Thin Line: Economic Growth Or Corporate Welfare?

Originally published on Fri December 7, 2012 8:59 am

In her new series for The New York Times called "The United States of Subsidies," investigative reporter Louise Story examines how states, counties and cities are giving up more than $80 billion each year in tax breaks and other financial incentives to lure companies or persuade them to stay put.

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