NPR News

Should newlyweds combine bank accounts?

Jun 15, 2018

It's wedding season, and while personal finance isn't the most romantic thing, it's important to talk about this time of year.

To get some tips on nuptials and money, we spoke with Beth Kobliner, a personal finance writer and author of the book "Get a Financial Life: Personal Finance in Your Twenties and Thirties." This transcript has condensed and edited for clarity.

If you've heard of Donald Glover, the multihyphenate actor-comedian-producer-writer-musician who also goes by the stage name Childish Gambino, then you're also familiar with the work of filmmaker Hiro Murai. They've collaborated on numerous projects over the last five years starring Glover, including creating the FX show "Atlanta" and the music video for "This Is America." 

Updated at 12:00 p.m. ET

President Trump, in a freewheeling impromptu news conference in front of the White House on Friday morning, said the Justice Department inspector general's report looking into the FBI's investigation of Hillary Clinton's use of a private email server "totally exonerates me."

Updated at 3:57 a.m. ET Saturday

President Trump is enacting a 25 percent tariff on $50 billion of Chinese goods "that contain industrially significant technologies," after months of exchanging threats amid concerns over a potential trade war.

U.S. Customs and Border Protection will begin to collect tariffs on the first $34 billion worth of Chinese imports on July 6. A second set of imports subject to tariffs is still under review.

China’s government responded quickly to U.S. President Donald Trump’s tariff hike on Chinese goods by announcing Friday it will immediately impose penalties of “equal strength” on U.S. products.

The Commerce Ministry said it also was scrapping deals to buy more American farm goods and other exports as part of efforts to defuse a sprawling dispute over its trade surplus and technology policy.

The Afghan government and the Taliban have begun a rare three-day cease-fire in honor of Eid al-Fitr, the Muslim holiday marking the end of Ramadan.

The cessation in hostilities is actually two separate, unilateral cease-fires — one by the government, which began earlier this week and is expected to last about a week, and an overlapping three-day cease-fire by the Taliban.

America's 1998 World Cup disaster

Jun 15, 2018

(U.S. Edition) That's soccer, if you were wondering which one. But first: China is threatening quick retaliation against U.S. tariffs on $50 billion worth of goods. Our Shanghai correspondent will bring us the latest before we shift our focus up north, our relationship with Canadian agriculture. Plus: History seems to be repeating itself for the American soccer team in this year's World Cup.

After the 1994 World Cup, being a soccer player in the U.S. became recognized as a real profession.

The U.S. team had a respectable finish that year, making it to the knockout stage of the tournament despite its defeat by Brazil on the Fourth of July. 

The voice of legendary physicist Stephen Hawking is to be broadcast into space after his memorial service on Friday, according to British media outlets.

Specifically, it will be directed toward the nearest black hole. Hawking, who died in March, revolutionized the scientific understanding of black holes — and won the hearts of people across the world with his tireless scientific advocacy.

Kentucky's Attorney General announced on Thursday that the state is suing the pharmacy chain Walgreens for allegedly exacerbating the "man-made" opioid crisis, by playing a dual role in in the supply chain as both the distributor and dispenser.

The lawsuit also asserts the company willfully ignored its own safeguard systems that are designed to protect consumers and monitor their drug consumption.

Attorney General Jeff Sessions cited the Bible to explain why the Trump administration has launched a policy of separating families seeking illegal entry into the United States.

"I would cite you to the Apostle Paul and his clear and wise command in Romans 13, to obey the laws of the government because God has ordained them for the purpose of order," Sessions said during a speech to law enforcement officers in Fort Wayne, Ind.

Updated at 5:14 p.m. ET

House Republicans plan to vote next week on a pair of immigration bills, including one that would end the Trump administration's practice of separating children from their parents at the Southwest border.

Republican leaders released a draft version of the bill Thursday after House Speaker Paul Ryan told reporters he does not support the "zero tolerance" policy that was implemented as a result of a court decision. In the House GOP proposal released Thursday there is a provision ending the policy.

Chicago has selected Elon Musk's Boring Company to build and operate an "express service to transport people to O'Hare Airport from downtown in 12 minutes on electric vehicles in underground tunnels," Mayor Rahm Emanuel says.

Seattle fought Amazon ... and Amazon won

Jun 15, 2018

The Seattle City Council voted this week to undo a new tax that would have made big businesses pay per employee to generate money for public housing and help for the homeless. Seattle's housing costs and homeless population have both exploded in recent years as the tech industry, mainly Amazon, has brought higher salaries and lots more jobs. But Seattle businesses, including Amazon, pushed back hard on the new tax. One month after it passed, the city council flipped the reset button.

The International Monetary Fund warned this week U.S. tariffs could dent global growth, but according to reports, President Trump is preparing to unveil $50 billion worth of new tariffs on another batch of Chinese imports. If you’ve lost track of what’s covered and what’s not, we’ll take a step back and bring you up to speed. Then, China’s ride-hailing app Didi is the world’s most valuable startup, and it’s now expanding into Melbourne, Australia. Plus, the world’s most expensive movie poster ever sold fetched half a million dollars at auction, but what makes a poster so valuable?

The Andes hold the heart of Peruvian food

Jun 15, 2018

Photo: Fruit market in the streets of Cusco, a town in the Peruvian Andes.

Photo: Cristina Martinez and Francis Lam with the full spread
of barbacoa, salsa, and accompaniments at El Compadre.

Gas prices are on the rise just in time for summer travel. But will that give drivers second thoughts about hitting the road during the summer vacation season?

Click the audio player above to hear the full story. 

In order to afford a modest one-bedroom rental, an American would, on average, have to make $17.90 an hour. This is according to the National Low Income Housing Coalition. There’s just one problem — $17.90 is far above the federal minimum wage. It means there are a lot of people who can’t really afford their rent. The question is, what other essentials are they giving up?

Click the audio player above to hear the full story. 

New numbers out Thursday show that Americans spent a lot of their paychecks on retail last month. U.S. retail sales were strong in May, rising about eight-tenths of a percent from a month earlier.  That may sound small, but it’s the biggest one-month jump since last November. Among the merchants that got a lot of love are those that sell building materials.

Click the audio player above to hear the full story. 

ECB to end stimulus. Is Europe's economy out of the woods?

Jun 14, 2018

The European Central Bank announced today it is doing something the Federal Reserve has been doing for several years now: It's taking its foot off the gas pedal of the economy — in this case, the eurozone economy. Specifically, it's ending its practice of buying up bonds. So is the eurozone back on track?

Click the audio player above to hear the full story. 

What reporters couldn't see when they toured a Texas shelter for child migrants

Jun 14, 2018

Life for children inside a privately run facility for migrant children at the Southern border is a cross between living in a detention center and temporary shelter.  

That’s according to people who got a brief glimpse inside. This week, a small group of reporters toured Casa Padre, a converted former Walmart in Brownsville, Texas, that houses nearly 1,500 boys ranging in age from 10 to 17 who were caught crossing the border between checkpoints. Most come from Central America.

If all goes as planned, a long-anticipated ceremony will be held in Fort Worth, Texas on the first official day of summer. It's to mark the nation of Turkey taking possession of its first F-35 jet fighter.

The F-35 is widely considered the world's most advanced and versatile warplane. Not only has Turkey ordered more than 100 of them - it's also part of a nine-nation consortium manufacturing the 300,000 parts that make up Lockheed Martin's 5th-generation stealth fighter.

In the potential tariff war between China and the United States, each state is choosing to protect different sectors. Which is right? And is there a way for a country to engage in “good” protectionism for its own interests?

First off, economists in general agree that tariffs should be avoided because they bring costly trade-offs. If a country taxes imported sneakers, for instance, it helps domestic shoemakers but deprives shoe buyers of the best, low-price kicks.

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

AUDIE CORNISH, HOST:

A Look At How North Korea's Economy Works

Jun 14, 2018

Copyright 2018 NPR. To see more, visit http://www.npr.org/.

ARI SHAPIRO, HOST:

Our next guest says China's economic pressure on North Korea was key to prompting Kim Jong Un to start negotiating.

WILLIAM BROWN: China has come to the plate just in the last six months and slammed shut its imports from North Korea.

Updated June 15 at 12:50 p.m. ET

This is the largest government-contracted migrant youth shelter in the country: Casa Padre, a former Walmart supercenter converted into living, recreational and dining quarters for nearly 1,500 immigrant boys.

Shelter managers took reporters on a tour of the facility in Brownsville, Texas, on Wednesday, amid criticism over the Trump administration's "zero tolerance" policy that has led to separating migrant families who crossed the border illegally.

Sedans; we write songs about them, from the 1964 Impala to a little deuce coupe (OK, that’s a two-door but you get the drift). But it seems we’re changing our tune.

Copyright 2018 Fresh Air. To see more, visit Fresh Air.

TERRY GROSS, HOST:

Pages