U.S. households owe a bit less than they did at the peak of the bubble. But they still owe a lot: $11.4 trillion, give or take a few billion. Mortgage and home-equity debt is still by far the biggest chunk of that debt.
A Syrian rebel fighter is shown in the northeastern Syrian border town of Ras al-Ayn on Nov. 11, several days after the rebels captured it. The rebel takeover has created friction with the town's Kurdish population.
Originally published on Mon November 26, 2012 6:49 pm
When Syrian rebels seized the border post at Ras al-Ayn on Nov. 8, they celebrated the victory and went on to "liberate" the town, a place where both Arabs and Kurds live on Syria's northeast border with Turkey.
But the Kurdish inhabitants quickly saw their "liberation" as a disaster. Within days, dozens were dead in clashes between Kurdish militias and the rebels.
Congress comes back to work this week and the fiscal cliff is its top priority. Some Republicans have said they'll break a longstanding pledge not to raise taxes. Host Michel Martin talks politics with columnist Mary Kate Cary of U.S. News and World Report and The Root's political correspondent Keli Goff.
Writer Barbara Kingsolver is known for her novels, essays and poems that often deal with social and environmental justice. Her latest book, "Flight Behavior," deals with one of the most divisive issues of the day: climate change. She will be discussing her novel, and its implications, at 7 p.m. Wednesday, Nov. 28. Tickets are available by buying her latest book from Malaprops Bookstore/Cafe. She recently spoke with Stina Sieg.
English singer/songwriter Beth Orton, who impressed the world with her seamless blend of folk and electronica on 1996's Trailer Park, is back with her first album in 6 years, "Sugaring Season." Inspired by her new child and her Vermont husband (hence the maple syrup reference in the title), this introspective, re-energized release has some of her best writing to date. Orton recorded it in Portland, Oregon with producer Tucker Martine (Decemberists, Laura Veirs, Tift Merritt).
Originally published on Mon November 26, 2012 12:15 pm
(We updated the top of this post at 11:50 a.m. and 12:15 p.m ET):
Moving quickly after the announcement that Securities and Exchange Commission Chairman Mary Schapiro is leaving on Dec. 14, the White House just said that President Obama has designated SEC Commissioner Elisse Walter to be her replacement.
Just voted Best Soul Band in Asheville's Mountain XPress Readers' Poll, The Secret B-Sides visit Studio B. Looks like Juan Holladay, Robin Tolleson, Shayne Heather, and Jeff K'norr will also be joined by the horn section of reggae band Common Foundation, too! They have various gigs in Black Mountain, Hendersonville, and their hometown of Asheville these next two weeks.