By some estimates, we Americans throw away about 40 percent of our food, from the cabbage that's wilting in our refrigerators, to the fruit that's falling off the orange tree in our neighbor's backyard.
As we near the end of 2013, NPR is taking a look at the numbers that tell the story of this year. Numbers that, if you really understand them, give insight into the world we're living in, right now. Over the next two weeks, you'll hear the stories behind these numbers, which range from zero to 1 trillion.
You can understand a lot about how Hollywood works if you understand the number 17. That's the number of big, super-expensive movies that came out in the May to July summer movie season. And only about 10 of them were solidly profitable.
Originally published on Thu December 19, 2013 6:24 pm
The Senate passed a two-year bipartisan budget deal aimed at easing automatic spending cuts and avoiding a government shutdown, following a House vote on the measure last week.
The vote by a simple majority was absent the partisan brinksmanship that has become a hallmark of budget deals in recent memory.
The appropriations committees in both chambers must now set in stone a $1.012 trillion fiscal 2014 spending bill before current spending authority expires. Congress also faces a spring 2014 to raise the debt ceiling — another potential partisan standoff.
In the past five years, the Federal Reserve has created roughly $3 trillion out of thin air.
The Fed uses the money it creates out of thin air to buy bonds. The idea is to drive down interest rates, which encourages people and businesses to borrow and spend money. It's called quantitative easing.
Originally published on Wed December 18, 2013 7:42 pm
Michael Steinberg, a top portfolio manager at SAC Capital Advisors, has been found guilty of insider trading — the latest conviction stemming from a years-long federal investigation into the hedge fund's activities.
Steinberg was found guilty on five counts of conspiracy and securities fraud.
"Prosecutors said he traded on confidential information that was passed to him by an employee, who later admitted to swapping illegal tips with friends at other firms."
For more than a year, the Senate Intelligence Committee and the CIA have been engaged in a tug of war over the release of the so-called torture report.
Chairman Dianne Feinstein, a Democrat from California, says the $40 million, 6,000-page report demonstrates that CIA treatment of detainees was all but useless in terms of gathering actionable intelligence.
For its part, the CIA says the classified committee report contains significant errors and that no one at the agency was interviewed by Senate investigators.
Whether you love buying gifts or dread trips to the mall, good luck avoiding some kind of shopping during the holiday season. But I don't need the excuse of a holiday to get me to the stores. I'm obsessed with shopping.
The question is, am I a shopaholic? The technical term is "compulsive buyer," according to psychologist April Benson.
"Simply put," says Dr. Benson, compulsive buying is "when we spend so much time, energy and/or money shopping ... or even thinking about shopping and buying that it is impairing our life in a significant way."
World Cafe welcomes the U.K. trio Daughter to the studio for Wednesday's session. Led by singer-songwriter Elena Tonra, the group formed when its members met as students at London's Institute of Contemporary Music Performance. The band released a pair of EPs independently before attracting the attention of a big label, which released the full-length If You Leave in March.