Originally published on Fri October 4, 2013 9:41 am
The music of Seu Jorge occupies a singular place in today's Brazil. His songs are widely hailed as a return to the traditional songwriting of Tom Jobim and Caetano Veloso. But his style, and his background, lead many to call Jorge a hero of life on Rio's streets. It was his history in the slums of Rio de Janeiro that led to bigger things for Jorge, including a high-profile appearance in the 2002 film City of God.
The Beige Book is weird. It's an economic report released by the Federal Reserve every few months, but it doesn't have many numbers in it. Mostly, it's a bunch of stories gathered by talking to businesses around the country. A Fed economist once described it as the "Ask Your Uncle" approach to figuring out what's going on in the economy.
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One month ago, Federal Reserve Chairman Ben Bernanke introduced the idea of winding down the Fed's massive stimulus programs. On that announcement, the markets tanked. Today, Bernanke said pretty much the same thing. But this time, the markets yawned.
As NPR's John Ydstie explains, the Fed chairman appears to have finally found the formula to ease Wall Street's concerns.
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Three months after the Boston Marathon bombing, money continues to roll into The One Fund, that's the charity set up for victims of the attack. More than 200 claims have already been paid out, but some victims are questioning the methods used to divvy up the funds. And as NPR's Tovia Smith reports, they're asking the state attorney general to intervene.