The Two-Way
7:09 am
Fri June 1, 2012

Did Jobs Grow Fast Enough In May? Probably Not

Hoping for work: Job seekrs lined up Thursday at a job fair in Los Angeles.
Kevork Djansezian Getty Images

Originally published on Fri June 1, 2012 8:35 am

Breaking news at 8:34 a.m. ET: "Unemployment Rate 8.2 Percent In May As Just 69,000 Jobs Added

Our original post:

Read more

Sarah Cwiek joined Michigan Radio in October, 2009. As our Detroit reporter, she is helping us expand our coverage of the economy, politics, and culture in and around the city of Detroit. Before her arrival at Michigan Radio, Sarah worked at WDET-FM as a reporter and producer.

Europe
5:29 am
Fri June 1, 2012

Draghi Warns Euro Framework Is 'Unsustainable'

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. Good morning. I'm David Greene. The financial woes of Greece and other countries of the eurozone, have meant painful austerity measures in exchange for financial bailouts. Now, Irish voters have approved a European Union treaty to battle the debt crisis. It's an effort to enforce strict budget cuts or face financial penalties.

Read more
Business
5:29 am
Fri June 1, 2012

The Last Word In Business

Originally published on Thu June 7, 2012 1:24 pm

Transcript

DAVID GREENE, HOST:

OK, let's turn now to personal wealth. Today's last word in business is disappearing millions.

The number of millionaire households in this country declined in 2011. That's according to this year's Global Wealth Study from the Boston Consulting Group. It found the number of American households with a million dollars of investable assets shrunk by 2.5 percent.

The U.S. still leads the world in millionaires, but developing countries are gaining ground. Other countries added nearly 200,000 millionaire households in 2011.

Business
5:29 am
Fri June 1, 2012

Exxon Mobil Plans Huge Chemical Facility In Texas

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

NPR's business news starts with a new, multibillion-dollar chemical plant.

(SOUNDBITE OF MUSIC)

GREENE: Exxon Mobil plans to build a huge chemical facility in Baytown, Texas. It reverses a company statement last year that said it has no plans for new chemical factories in the United States. According to Reuters, decades-low natural gas prices made the move too enticing to pass over. Natural gas is a key fuel in chemical production. By using its own natural gas, Exxon Mobil can run a chemical plant relatively cheaply.

Read more
Economy
5:29 am
Fri June 1, 2012

Political Teams Pay Attention To Monthly Jobs Report

Originally published on Fri June 1, 2012 9:04 am

The Labor Department said the U.S. economy added 69,000 jobs last month — far fewer than analysts expected. The unemployment rate also rose to 8.2 percent, up from 8.1 percent in April. The monthly jobs report is an important weather vane for anyone trying to get a bead on which way the economic winds are blowing.

Election 2012
5:29 am
Fri June 1, 2012

Fundraising Phenom Attracts Attention In Calif. Race

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

In campaigns for congress, the incumbent almost always has the upper hand. But we're about to meet a young Republican in California who's trying to defy that rule. The combination of redistricting and a young challenger with impressive fundraising skills has turned a race that shouldn't be competitive into a toss-up. NPR's Tamara Keith has this story from California's Central Valley.

TAMARA KEITH, BYLINE: Meet Ricky Gill.

Read more
Law
5:29 am
Fri June 1, 2012

Jury Acquits Edwards On 1 Count, Mistrial On Others

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

It's MORNING EDITION, from NPR News. Good morning. I'm David Greene.

Read more
Around the Nation
5:29 am
Fri June 1, 2012

Komen Donations Down After Planned Parenthood Dispute

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

The Susan G. Komen Global Race for the Cure takes place tomorrow here in the nation's capital. It's one of the breast cancer charity's biggest fundraisers. But this year, participation is way down. That follows Komen's controversial decision in February to stop funding Planned Parenthood programs. The decision was quickly reversed, but Komen's supporters worry about the long-term impact, as NPR's Pam Fessler reports.

Read more
Politics
5:29 am
Fri June 1, 2012

Gubernatorial Recall Election Polarizes Wis. Voters

Originally published on Fri June 1, 2012 9:04 am

Transcript

DAVID GREENE, HOST:

It's been more than a year since Wisconsin Democrats began talking about recalling the state's governor, Scott Walker. Next week they'll get their chance to do it. Last night, Walker and his Democratic challenger, Milwaukee Mayor Tom Barrett, traded barbs in their final debate before Tuesday's vote. Turnout is expected to be very high, as the recall is sharply dividing voters in Wisconsin, so much so, some have just stopped talking to each other. NPR's David Schaper has the latest from Milwaukee.

Read more

Pages