U.S. households owe a bit less than they did at the peak of the bubble. But they still owe a lot: $11.4 trillion, give or take a few billion. Mortgage and home-equity debt is still by far the biggest chunk of that debt.
A Syrian rebel fighter is shown in the northeastern Syrian border town of Ras al-Ayn on Nov. 11, several days after the rebels captured it. The rebel takeover has created friction with the town's Kurdish population.
Originally published on Mon November 26, 2012 4:49 pm
When Syrian rebels seized the border post at Ras al-Ayn on Nov. 8, they celebrated the victory and went on to "liberate" the town, a place where both Arabs and Kurds live on Syria's northeast border with Turkey.
But the Kurdish inhabitants quickly saw their "liberation" as a disaster. Within days, dozens were dead in clashes between Kurdish militias and the rebels.
Congress comes back to work this week and the fiscal cliff is its top priority. Some Republicans have said they'll break a longstanding pledge not to raise taxes. Host Michel Martin talks politics with columnist Mary Kate Cary of U.S. News and World Report and The Root's political correspondent Keli Goff.
Originally published on Mon November 26, 2012 9:56 am
Update at 11:50 a.m. ET. Successor Chosen:
Moving quickly after the announcement that Securities and Exchange Commission Chairman Mary Schapiro is leaving on Dec. 14, the White House just said that President Obama has designated SEC Commissioner Elisse Walter to be her replacement.
Originally published on Mon November 26, 2012 8:19 am
Horrific is a word that quickly comes to mind about the news from Bangladesh concerning a fire Saturday in a garment factory where clothes were made for retailers around the world, including some in the U.S.
Good morning. I'm Steve Inskeep with sad news for Beliebers. Justin Bieber's video for "Baby" is no longer the most viewed video on YouTube. The new record-holder is "Gangnam Style" by the South Korean rapper PSY, which topped 820 million views this weekend. And then this happened. Yesterday, Mr. Bieber gave a halftime concert at Canadian football's championship game and his home country crowd booed. Bieber called out coolly: Thank you so much, Canada. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.