Financial markets rallied Monday, a day after Lawrence Summers took himself out of the running to be the next chairman of the Federal Reserve. Summers had been seen as a front-runner to replace Ben Bernanke, whose term expires in January.
His exit improved the odds for his chief rival for the position — Fed Vice Chairman Janet Yellen — as well as those of Donald Kohn, the former vice chairman of the Fed board.
It's been half a century since the 16th Street Baptist Church in Birmingham, Alabama was bombed. The blast killed four little girls and was a turning point in the civil rights movement. Host Michel Martin revisits that era with historian Taylor Branch.
The world watches and waits to hear if the Assad government will give up Syria's chemical weapons stock. In the meantime, George Perkovich of the Carnegie Endowment for International Peace talks with host Michel Martin about Israel's view on the Syrian conflict.
Originally published on Mon September 16, 2013 1:41 pm
For the first two millennia of McDonald's Breakfast Menu, very little changed, but the past several months have brought startling reforms. The company introduced the Egg White Delight McMuffin, which has 50 fewer calories and one fewer yellow spot than the regular McMuffin. They stopped slapping you in the face when you try to order the Fruit 'N Yogurt Parfait. And now, they bring us the Steak, Egg & Cheese McMuffin.
Originally published on Tue September 17, 2013 5:09 am
Chemical weapons were used in Syria "on a relatively large scale" on Aug. 21, says U.N. Secretary-General Ban Ki-moon, who issued a report by U.N. inspectors Monday. The attack killed civilians, "including many children," and constitutes a "war crime," Ban wrote. He expressed his "profound shock and regret" at the findings.
Ban received the report over the weekend from professor Ake Sellstrom of Sweden, who headed the inspection team in the incident that took place near Damascus. The secretary-general briefed the Security Council on the report earlier Monday.
Originally published on Mon September 16, 2013 2:20 pm
Not long ago, we reported on a new University of Michigan study that found the more young people used Facebook, the worse they felt. According to the research, Facebook use led to declines in moment-to-moment happiness and overall life satisfaction.
Amid chanting and drumming, a crowd gathers in Sao Paulo and waits for the gods to come to them from the spirit world.
They are celebrating a sacred festival day in honor of Omulu, a deity of life and death. The women wear white dresses with crinolines, colorful belts and headdresses. The men wear lace, pajama-style suits. They sing and dance in a circle for hours; the room gets warmer, the chanting more intense.
Suddenly, they are here: Orixas have possessed the chosen among the faithful. They are spirit gods, the deified ancestors who link humans to the other world.
Originally published on Tue September 17, 2013 7:10 am
The sprawling Washington Navy Yard, scene of a deadly shooting Monday, is the Navy's oldest shore establishment and has long been considered the "ceremonial gateway" to the nation's capital.
The yard went into operation at the turn of the 19th century. Today, it employs thousands of people and is regarded as the "quarterdeck of the Navy" for its role as headquarters for the Naval District Washington.
Originally published on Mon September 16, 2013 2:36 pm
New York City Democrats breathed a sigh of relief late Monday morning when Bill Thompson conceded the mayoral primary to Bill de Blasio, avoiding what could have been a nasty intraparty battle.
Thompson, 60, made his announcement on the steps of New York's City Hall in lower Manhattan, flanked by de Blasio and New York Democratic Gov. Andrew Cuomo.
"I am proud to stand here today and support Bill de Blasio to be the next mayor of the city of New York," said Thompson, a centrist former city comptroller who finished a distant second in last week's nine-candidate primary.