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Power Breakfast For April 14, 2010

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It’s black, it’s white: It’s a dog, it’s a cat: It’s up, no, it’s down...

This morning Federal Reserve Chairman Ben Bernanke returns to the Joint Economic Committee to deliver the economic outlook. The inevitable backdrop for the Next Big Thing on the Hill: financial regulatory reform. To recap, just before the recess, Senator Chris Dodd got his bill through the Banking Committee not because any Republicans supported it, but because they decided to hold their fire until the floor fight. Which is now likely to happen very soon. The timing is up to Senate Majority Leader Harry Reid.


Investigative Journalist From Belarus Awarded Nobel Prize In Literature

Investigative journalist Svetlana Alexievich was awarded the 2015 Nobel Prize for Literature Thursday. She is the first writer from Belarus to win the prize.

Berkeley's Sugary Drinks Are Getting Pricier, Thanks To New Tax

Berkeley, Calif., passed a 1-cent-per-ounce tax on sugary beverages in 2014. Researchers say soda prices went up three months after it was implemented — a first step toward reducing consumption.

Orrin Hatch On TPP: Despite Concerns, Fast-Track Authority Was 'Essential'

Sen. Orrin Hatch of Utah has reservations on where the Trans-Pacific Partnership landed on patent protection. NPR's Robert Siegel talks to the senator about the GOP reaction to the trade deal.

Tracking A Rollercoaster: Sotheby's Offers Clues About Survival Of Tech Bubble

One of the surest signs of an economic bubble that is about to pop is a surge in the stock price of Sotheby's. The global art dealer's stock resembles a rollercoaster, and it has predicted every up and down of the global economy since the company went public. So with talk of big bubbles in the tech sector, Planet Money went poking around.

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