The housing sector turmoil scared a lot of people away from buying homes. Now, many people who can afford to buy are renting, sending rental prices soaring. In places such as New York City, they're near record highs.
Lucky ticket holders won't be the only beneficiaries of last week's $656 million Mega Millions jackpot. State legislatures will also reap millions from ticket sales. Audie Cornish talks with Charles Clotfelter, an economics and public policy professor at Duke University, about how much states will make from the lottery drawing.
Federal agents busted Oaksterdam University, one of California's most prominent medical marijuana institutions. The raid of the school in downtown Oakland and other dispensaries yesterday brings into sharp focus the disconnect between state and federal policies on medical marijuana.
In 2007, Congress created a public-private foundation to support research of interest to the FDA. Critics said this amounted to a new way for industry groups to influence the agency's decisions, and any FDA funding for the foundation was blocked for years. That's about to change.
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