NPR Headlines

Pages

The Government Shutdown
11:48 am
Thu October 3, 2013

Without Key Jobs Data, Markets And Economists Left Guessing

JPMorgan Chase trader Frederick Reimer works on the floor of the New York Stock Exchange. The government's monthly jobs numbers won't be released as scheduled Friday, leaving financial markets without key data to evaluate the economy.
Brendan McDermid Reuters/Landov

Originally published on Thu October 3, 2013 1:32 pm

Stock investors and business journalists unite each month for one shared, suspenseful moment — the 8:30 a.m. release of the Labor Department's employment report.

The unveiling of the report — so rich with data on job creation, unemployment, wages and hours — can be counted upon to set off a tsunami of tweets. Economists jump in with instant analysis and politicians fire off press releases with reactions.

That market-moving report was due this Friday.

Read more
The Two-Way
11:46 am
Thu October 3, 2013

Tropical Storm Karen Heading For U.S. Gulf Coast

The storm track forecast for Karen.
National Hurricane Center, Miami

Originally published on Thu October 3, 2013 2:07 pm

Newly formed Tropical Storm Karen, which could reach hurricane strength by Friday, is expected to make landfall on the U.S. Gulf Coast sometime over the weekend.

The National Hurricane Center in Miami says the late-season storm formed Thursday morning about 485 miles south of the Mississippi Delta, with maximum sustained winds of 65 mph. It was moving north-northwest at 12 mph, but was expected to speed up.

Forecasters say it will make landfall in the U.S. either Saturday or Sunday.

Read more
The Two-Way
11:28 am
Thu October 3, 2013

Treasury: New Debt Ceiling Fight Could Derail Economy

Treasury Secretary Jacob Lew leaves the Capitol after a visit on Thursday.
Alex Wong Getty Images

Originally published on Thu October 3, 2013 3:30 pm

The Treasury Department is issuing a warning of dire economic consequences that could rival the Great Recession if Congress is unable to agree on raising the debt ceiling and the nation defaults on its obligations.

Read more
The Two-Way
11:12 am
Thu October 3, 2013

How Do You Get Paid $400,000 At Carnegie Hall? Be A Stagehand

In November 2004, the Grand Ole Opry came to Carnegie Hall.
Paul Hawthorne Getty Images

Originally published on Fri October 4, 2013 1:04 pm

(Update at 1 p.m. ET, Oct. 4: Click here for an important development — management and the stagehands have reached a deal.)

Our original post:

Carnegie Hall's opening night gala was canceled Wednesday because of a strike by stagehands.

Read more
The Two-Way
9:07 am
Thu October 3, 2013

Jobless Claims Stay Near Six-Year Low

There were 308,000 first-time claims for unemployment insurance filed last week, up 1,000 from the week before, the Employment and Training Administration reported Thursday morning.

That means claims continue to run at a relatively low rate that until recent weeks hadn't been seen since the spring of 2007 — six months before the start of the 2007-09 recession.

Read more

Pages