New reports Thursday showed the U.S. economy may be poised for a rebound. The U.S. trade deficit narrowed more than expected in September as exports rose to record levels, and jobless claims fell to a seven-month low.
Guy Raz speaks with Portland, Ore., Mayor Sam Adams who today ordered the Occupy protesters in his city out of their encampments by 12:01 a.m. Sunday. The move comes after he wrote an open letter to the protesters, saying their living conditions were unsustainable.
The history of the more than $4 billion in debt spans a decade and mostly involves a failed sewer construction deal fraught with corruption. Experts worry that the municipal bond market in the United States will suffer the consequences.
Huntsville is the shining star in Alabama's economy. Scientists there designed the rockets that put man on the moon. In the past 50 years, it's become a magnet for high-tech space and defense jobs. But with NASA downsizing and the specter of defense cuts looming, Huntsville finds itself in limbo.
Lawmakers in Jefferson County, Ala., voted Wednesday to file for bankruptcy. It will be the largest municipal bankruptcy in U.S. history. For more, Guy Raz talks with Tanya Ott of member station WBHM in Birmingham.
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