President Obama speaks during a campaign fundraiser Monday at the Rubin Museum of Art in New York City. The event, co-hosted by gay- and lesbian-rights leaders and a Latino nonprofit, featured singer Ricky Martin.
President Obama is attending a campaign fundraiser Monday night co-hosted by gay- and lesbian-rights leaders and a Latino nonprofit. The event is being headlined by singer Ricky Martin.
Obama maintains a commanding lead over likely GOP presidential nominee Mitt Romney when it comes to support among Latino voters. But those same voters are generally regarded as socially conservative, leading some to wonder how the president's support for same-sex marriage might affect the Latino electorate.
This week, All Things Considered is hitting refresh on its All Tech Considered segment — taking you into the changing landscape of technology and how it intersects with everyday life. From Silicon Valley to China, we'll feature stories from around the world, stay on top of innovations that matter — and get you the news you need to know. Every Monday, we'll preview the week's big tech stories.
Garth Knox was born to play the viola. As a youngster, he already had two sisters who played violin and a brother who played cello. "So for the family string quartet," Knox says, "it was very clear from the start which instrument I would play."
JPMorgan Chase's chief investment officer resigned over the weekend and will retire. The bank made the announcement Monday morning, but didn't comment on other expected resignations. Last week JPMorgan surprised the markets with a $2 billion trading loss. That loss has revived interest in the Volcker Rule, which is supposed to reduce risk by prohibiting "proprietary trading."
Longtime Democratic Congressmen Howard Berman and Brad Sherman used to be political pals. They represented adjacent districts in L.A.'s San Fernando Valley. Well, then came redistricting. Now, the onetime allies are opponents in the newly drawn 30th Congressional District. As California's June primary approaches, NPR's Ina Jaffe reports that the Berman-Sherman battle has become one of the most hotly contested and closely watched races in the nation.
California is bracing for another round of massive spending cuts. Its budget deficit has nearly doubled since the start of the year. Governor Jerry Brown released a spending plan today that spares almost no one, especially if voters reject a tax increase on the ballot this fall. From Capital Public Radio in Sacramento, Ben Adler reports.
If you're puzzled by such questions as when is a hedge a hedge and what is an index of corporate derivatives, join the club. And for now, join the tutorial with Lynn Stout, distinguished professor of corporate and business law at Cornell University. Welcome.
LYNN STOUT: Thank you so much for inviting me.
SIEGEL: First, we've heard that JPMorgan Chase bought insurance against a downturn. What did they actually buy? What were they doing?
A political crisis in Greece and economic woes in Spain are again raising concern about the future of the eurozone.
In Athens today, Greek politicians tried again and failed to form a coalition government, though talks are ongoing. There is growing fear that Greece will not be able to remain in the currency union and avoid defaulting on its debts.