State lawmakers failed to override the governor's veto of a controversial measure that would have lowered state income taxes. Although Republicans had supermajorities in the House and Senate, Democratic Gov. Jay Nixon was able to rally school districts, which feared their budgets would suffer from the decline in general revenue.
It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.
In his new book, Average Is Over, Tyler Cowen predicts that America will become a new, more creative meritocracy. Though he believes a rise in income inequality is inevitable, he hopes that "happiness inequality isn't going up in the same way."
Suicide rates among Native Americans are already four times the national average. And with recent cuts in federal funding for mental health services across the country, suicide prevention programs may lose ground in the communities that need them most.
Celebrity editor Tina Brown announced Wednesday that she's leaving the news and opinion website to launch her own media company. She has been a regular guest on Morning Edition. Brown plans to produce live forums on news topics.
Horse slaughter is banned in the U.S., but thousands of American horses are shipped to Canada and Mexico for slaughter every year. Investors argue restarting the practice in the U.S. would be better for business and offer a more humane end for horses that are neglected under the current model.
Verizon is spending $130 billion to buy out Vodafone's stake in Verizon Wireless. It's planning to pay about half that amount in cash, so it's started raising cash with an enormous bond issue of more than $40 billion.
Sept. 15 is the anniversary of collapse of Lehman Brothers, which many see as a watershed moment in the financial crisis. We look back at a time when fear and uncertainty gripped financial markets and policymakers around the world and drove the world economy into the Great Recession.
When you give to WAMU, your tax-deductible membership gift helps make possible award-winning programs such as Morning Edition, All Things Considered, The Diane Rehm Show, The Kojo Nnamdi Show, and other favorites.