Members of the House on Thursday rejected the measure, studded with Republican priorities. In the past, the farm bill has been a model of bipartisan support. But defections in both parties spelled the bill's doom.
The lending rate between Chinese banks spiked dramatically on Thursday, creating a credit crunch. Renee Montagne talks to NPR Shanghai correspondent Frank Langfitt about the turbulence in China's banking system, and how authorities in Beijing are responding.
The nonprofit Enroll America wants to encourage uninsured Americans to sign up for the exchanges when the time comes. Though the group has support across industries and from the Health and Human Services secretary, it's still been hit by congressional controversy.
Revelations that celebrity chef Paula Deen admitted to using a racial epithet have inspired some pretty funny punning online. But they've also raised questions whether the controversy will see Deen's buttery empire crumble.
The sharp drop follows remarks by Fed Chairman Ben Bernanke that the central bank's monthly bond-buying spree could soon end. Fears over a freeze in interbank lending in China have also contributed to investor concerns.
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