Originally published on Mon January 30, 2012 8:45 am
In December, personal income climbed 0.5 percent, while disposable income rose 0.4 percent. New figures released today from the Commerce Department also show that consumer spending was flat, increasing 0.1 percent from the month before.
While the AP reports that rise in income was the most in nine months, the news is a mixed bag.
Fighting between government forces and army defectors has intensified in the outskirts of Damascus. The Syrian government sent a major deployment of troops to several suburbs and the defectors, who call themselves the Free Syrian Army, retreated.
After a short respite, the Occupy movement had a resurgence this weekend. There was a mass protest in Oakland that extended through Saturday and Sunday and ended with the arrest of more than 400. In New York City, Occupy Wall Street protesters took to the streets last night in solidarity. Twelve were arrested
Carol Sikler has spent years repaying a debt. Her husband needed blood during treatment before he died in 2003. Since then, she has donated more than 140 units. Now she gets a reward. The Indiana Blood Center gave her tickets to the Super Bowl in Indianapolis.
Good morning. I'm Renee Montagne. Martin Scorsese got 11 Oscar nods for his film "Hugo." Still, he's calling in the L.A. Times a write-in campaign for an actor he feels has been snubbed. Blackie, the Doberman in "Hugo," failed to get a nomination for a Golden Collar, awarded by Dog News Daily. The cute Jack Russell who starred in "The Artist" was nominated, but Blackie is an anti-hero. And just a few hundred Facebook votes will earn him a chance at top dog. It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.
Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.
Freddie Mac, a taxpayer-owned mortgage company, is supposed to make homeownership easier. One thing that makes owning a home more affordable is getting a cheaper mortgage.
But Freddie Mac has invested billions of dollars betting that U.S. homeowners won't be able to refinance their mortgages at today's lower rates, according to an investigation by NPR and ProPublica, an independent, nonprofit newsroom.
Fighting in Syria has intensified within a few miles of the capital city. Damascus has remained under firm government control, but in the suburbs, the army has sent in tanks to retake areas that had been under the affective control of rebels. Activists inside Syria say more than 60 people have been killed in the past day. NPR's Kelly McEvers is monitoring the situation from Beirut. She's on the line. Hi Kelly.
KELLY MCEVERS, BYLINE: Hello.
INSKEEP: How did this fighting develop in the suburbs?
At the end of last week, an employee sent an email with a simple request: Please bring me a copy of the new directory. She accidentally copied every member of the legislature and all of their staff. The email went to some 4,000 people. Recipients then started to reply-all with many messages, and the system couldn't handle it.