The Federal Reserve today released transcripts of its meetings in 2008, back when the financial crisis was unfolding. The documents show Fed policymakers struggling to understand and respond to failing Wall Street banks and the global financial system in turmoil. NPR's John Ydstie has been reading through the transcripts and joins us now. Hey there, John.
JOHN YDSTIE, BYLINE: Hi, Audie.
CORNISH: So we've had these minutes, at least, right, from most of these meetings for years. What do we learn from the transcripts?
No rest for weary tech reporters this President's Day week, as the news on this beat tumbled forth fast and furiously. A look back at some of the topics dominating conversation follows, with NPR coverage in the "in case you missed it" section, and largely curated coverage from elsewhere in "The Big Conversation" and "Curiosities."
Originally published on Fri February 21, 2014 5:02 pm
The way that prescription drugs are advertised on TV could be better, especially when it comes to communicating the risks and side effects of medicines. Now the Food and Drug Administration is calling for research into how the ads could be improved.
The problem, as Michael Wolf, a health services researcher and cognitive scientist at Northwestern University's Feinberg School of Medicine describes it, is that most ads work like this:
Among the many snacks you can find in the aisles of Trader Joe's is an icon of sweet and salty goodness: the peanut butter pretzel. It's a combination so tasty, famed food writer Ruth Reichl once raved, "You haven't lived until you've tried the two together."
But the beloved treats aren't just treasures for the palate — they're a pretty lucrative business worth millions of dollars. And now, Trader Joe's is being sued for allegedly cornering the market on the snack.
Lawmakers in Maryland are considering a bill that would block one of the firms seeking to bid on a multibillion-dollar light rail project from winning its bid unless its majority stockholder agrees to pay reparations to Holocaust victims.
The legislation, co-sponsored by Maryland Delegate Kirill Reznik, would block a consortium including Paris-based rail company Keolis from winning a public-private partnership for the state's Purple Line project, a 35-year contract worth more than $6 billion.
With a bit more than a month left for people to sign up for health insurance plans set up under the Affordable Care Act, the federal website known as HealthCare.gov finally seems to be working smoothly — in 36 states.
But what's happening in the 14 states that are running their own exchanges?
Malware is malicious, bad software. It's the code that cybercriminals use to steal credit card numbers and bank accounts. And the big hack against Target showed how good these criminals are getting: They've built a thriving underground where credit cards go on sale before anyone even knows that a massive breach has happened.
In 1984, it cost $10,000 a year to go to Duke University. Today, it's $60,000 a year. "It's staggering," says Duke freshman Max Duncan, "especially considering that's for four years."
But according to Jim Roberts, executive vice provost at Duke, that's actually a discount. "We're investing on average about $90,000 in the education of each student," he says. Roberts is not alone in making the claim. In fact, it's one most elite research institutions point to when asked about rising tuition.