A scandal introduced many to LIBOR this week, key interest rates used to regulate everything from credit cards to student loans in the global economy. Weekends on All Things Considered host Guy Raz and guests explain just how big the LIBOR scandal could get and why we here in the U.S. should care.
There's been a paradigm shift in the NBA: Older players are signing huge new contracts. This week was the most recent example, with Steve Nash and Kevin Garnett signing huge deals even though they're approaching 40 years old.
Republican superPACs expect to rake in $800 million by Election Day, and Democratic superPACs are hundreds of millions behind. Democrats have "implicitly conceded" says Robert Draper of TheNew York Times, but that doesn't mean they can't compete.
The Pennsylvania city has slashed the pay for all its public employees — including firefighters and police — to $7.25 per hour. Mayor Chris Doherty says there isn't enough money in the bank to pay full wages.
For the long-term unemployed, training for a new profession can help open the door to job opportunities. But starting over can be particularly difficult for older workers. Deborah Klein, 62 and unemployed since 2008, hopes her new training as a pharmacy technician will help her finally land a job.
It's become a pattern: On the first Friday of the month, the Labor Department issues a disappointing economic report. Republicans cite it as proof of President Obama's failed policies. The White House urges everyone to focus on the glass half full. And both sides miss the broader picture.
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