- Making News: Fed Expected to Boost Key Interest Rate
As we go on the air, it has not happened yet, but it's widely expected that the Federal Reserve will raise a key interest rate today to its highest level in five years. Michael Mandel, chief economist for BusinessWeek magazine, assesses the likely impact of what is expected to be predicted quarter-point boost on the economy and stock market.
- Reporter's Notebook: Can Democrats Capitalize on Bush's Bad Poll Numbers?
The latest New York times/CBS News poll shows President Bush's approval rating at a new low of just 31 percent, tying with his father just four months before George H. W. Bush lost his bid for re-election. The findings come just six months before the next midterm election, with Republicans trying to hold on to majorities in Congress. Can the Democrats take advantage? Michael Tomasky is editor of the American Prospect.
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Touching down in fly-over country Dodge City, Kansas and Erie, Pennsylvania may have something in common. That’s just one surprise in “Our Towns,” a new book by James and Deborah Fallows. The veteran Atlantic magazine correspondent and his scholarly wife spent two weeks in each of 25 different cities. Their search for America’s character provides anecdotes, comparisons and distinctions after a journey of 100,000 miles.
Teachers are battling back Teachers are mad as hell in several red states. They’re walking out over cuts in pay and reductions in classroom support. It’s a grass-roots rebellion from West Virginia to Kentucky and Arizona. Will it renew support for the value of public education in a changing economy?
After the Iran Nuclear Deal: Does Trump have a Plan B President Trump made good on a campaign promise. The U.S. is out of the “horrible” “one-sided” Iran nuclear deal. Can it stop Iran from restoring its nuclear program? Make diplomatic peace with allies in Europe? Convince North Korea the U.S. can be trusted?
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