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NPR

In Drought, Should Corn Be Food Or Fuel?

Drought across the country has led to spiking corn prices, forcing a growing number of ethanol plants around the country to temporarily close down. As a result, there is a growing call for suspending a federal mandate on biofuel and freeing up corn for feed.
NPR

U.S. Economy Grew At 1.7 Percent Annual Rate In Second Quarter

The Bureau of Economic Analysis revised its previous estimate of 1.5 percent.
NPR

G-7 Nations Want Oil Production Ramped Up

In a statement Tuesday, the G-7 nations warned of the risks "posed by elevated oil prices." Demand for gasoline usually starts to wane at the end of the summer but right now gasoline prices are hitting new highs. Oil prices are surging because of tensions with Iran and the ongoing concerns about Hurricane Isaac.
NPR

White House Unveils New Fuel-Efficiency Standards

The new rules, for cars and trucks, mandate nearly a doubling of gas efficiency by 2025. The latest requirements are a rare example of industry agreeing to tough environmental regulations.
NPR

Calif. Leaders Agree To Overhaul Pension System

California Governor Jerry Brown has reached a deal with legislators to overhaul the state's pension system. The changes include capping annual pension payments, requiring new employees to pay 50 percent of their pension costs and raising the retirement age. The package will save the state about $30 billion.
NPR

What's Next? China's Fast-Growing Economy Slows

China's economic boom has altered the global economy but its growth is slowing down. Steve Inskeep talks to Beijing-based economist Patrick Chovanec about China's economic troubles, and how that affects the U.S. economy.
NPR

ESPN To Pay Record Amount For MLB Games

ESPN has agreed to pay the baseball association $5.6 billion over the next eight years for broadcast and digital rights to games. That's a record for baseball broadcasting rights, according to Major League Baseball.

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