Originally published on Thu August 8, 2013 11:05 am
Driven by a recovery in the U.S. housing market, mortgage finance giant Fannie Mae netted profits of $10.1 billion in the second quarter, its sixth-straight quarter with positive results. The company, which has operated under federal conservatorship since 2008, reported its earnings Thursday.
Fannie Mae cited "a significant increase in home prices in the quarter," which nearly doubled that of last year's second quarter.
Originally published on Thu August 8, 2013 10:54 am
There were 333,000 first-time claims for unemployment insurance last week, the Employment and Training Administration says. Claims were up 1.5 percent from the previous week's 328,000 — and basically remained at the lower end of the range where they've stayed for the better part of the last two years.
Originally published on Thu August 8, 2013 10:50 am
"The National Security Agency is searching the contents of vast amounts of Americans' e-mail and text communications into and out of the country, hunting for people who mention information about foreigners under surveillance, according to intelligence officials," The New York Times reported Thursday.
Originally published on Thu August 8, 2013 10:01 am
Imagine a friend of a friend brings his family to stay with you — his family of tiny survivalists. For weeks or months you all live quietly side by side with no problems. You share meals. Your kids play together.
Then one day you get sick — maybe felled by a bad cold or the flu. Suddenly certain the end is near, your jittery houseguest breaks out an armory's worth of chemical weapons. He abandons his community to save himself and hunt for a new home, wreaking havoc on the way out the door.
Republicans and Democrats agree. Strategists who worked on opposing campaigns are urging the Twitterverse to just say yes to the candidacy of the progressive rock band, Yes. Plus, a Facebook page, a website, a documentary, all to get the Rock 'n' roll Hall of Fame to say yes to Yes. Is our national polarization at an end? Or perhaps "The Gates of Delirium" have opened.
It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Good morning. I'm Renee Montagne. In Mozart's opera "The Magic Flute," Tamino and Pamina can't get married unless brave Tamino passes three tests or trials. At a performance on Lake Constance in Austria this week, the trials by silence and fire were no sweat but water turned out to be a bit trickier. As a gondola carrying three characters approached the floating stage it capsized, tossing the three into the lake's shallow waters. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.