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Even before the events of the last few days, Congress had a busy agenda. Lawmakers are negotiating over taxes and spending that could affect the economy in the year ahead, not to mention almost every part of the federal government and the take-home pay for millions of Americans.
NPR's business news begins with a global bank settlement.
It's the big Swiss bank, UBS. It announced this morning that it will pay a total of $1.5 billion in fines for its role in rigging the interbank lending rate known as LIBOR. The settlement will be paid to Swiss, British and American regulators.
Greece got a rare bit of good news late yesterday. Standard and Poor's upgraded the country's credit rating six notches to a B minus. I mean, not the worst grade on your report card, but in the financial world this is junk bond status.
Still, Joanna Kakissis reports from Athens that there is a more stable outlook.
Pakistani gunmen staged new attacks Wednesday on health workers carrying out a nationwide polio vaccination program. Six workers were killed Tuesday as they went house to house to administer the immunizations to area children in Karachi and the northwest city of Peshawar.
Although there were additional attacks, the Pakistani government vowed to continue the vaccination campaign — and eradicate the disease — even if there is bloodshed.
If the sheer variety of holiday music that pops up each winter is any indication, there's no genre that can't handle a little Christmas spirit. This year, Louisiana country singer Sammy Kershaw decided to test that theory with the sounds of the bayou. His new album of Cajun-infused holiday songs is called A Sammy Klaus Christmas.
A visitor handles a revolver at a Smith & Wesson display during the NRA Annual Meetings and Exhibits on April 14 at America's Center in St. Louis, Mo.
Credit Whitney Curtis / Getty Images
Dan Gross, president of the Brady Campaign to Prevent Gun Violence, calls on Congress to address gun violence at a news conference on Capitol Hill on Tuesday. More than 20 family members and victims of mass shootings across America joined him.
They used to call it the "vanity press," and the phrase itself spoke volumes. Self-published authors were considered not good enough to get a real publishing contract. They had to pay to see their book in print. But with the advent of e-books, self-publishing has exploded, and a handful of writers have had huge best-sellers.
Kathryn Bigelow became the first woman to take home the Oscar for best director for her film The Hurt Locker in 2010. Mark Boal walked away with a statue for writing the film, and the duo shared the honor of taking home the award for best picture later that evening.
Originally published on Wed December 19, 2012 11:39 am
My family's holiday traditions are simple but consistent: Wake up Christmas morning, drink lots of coffee, eat a good breakfast, and wish each other happy happy. If the weather is nice, we postpone the present opening and pile into the car to head directly to the beach for a walk — a sunny December day along the Northern California coast is something to celebrate. Later, we cook a delicious dinner and sit around the table with a fire glowing in the fireplace nearby.