The U.S. economy is experiencing its strongest across-the-board growth of the year, as private companies hire more people, some manufacturers expand and the stock market surges on a plan to ease Europe's financial crisis. The Dow Jones industrial average gained 490 points Wednesday, an increase of more than 4 percent.
But analysts say the economy isn't growing robustly enough to lower unemployment, stem government layoffs or revive a housing market that remains extremely weak.
Originally published on Wed November 30, 2011 1:52 pm
Berlin would seem the obvious candidate to occupy the cutting edge of developments exploring the common ground between electronica and contemporary classical music.
The city boasts a techno music culture still colored with the anarchy of the city's post-wall years; a new music scene envied for its experimentalism and generous state funding and elegant converted industrial spaces that lend themselves perfectly to everything from DJ events to sound installations.
Newt Gingrich traveled across South Carolina this week appearing at a number of town-hall-style meetings where he talked to voters and answered questions — mostly the same questions at every stop. He talked about the improving the economy, creating a new immigration policy, repealing President Obama's health care reform plan and transforming Washington.
This is a pretty heartbreaking story: An 80-year-old man donated a suit to a Goodwill store in western Illinois. The problem is that he didn't realize until it was too late that his $13,000 life savings were in the suit's pocket.
From NPR News, this is ALL THINGS CONSIDERED. I'm Guy Raz.
MELISSA BLOCK, HOST:
And I'm Melissa Block.
President Obama took his call for payroll tax relief to Scranton, Pennsylvania today. It was his ninth visit to the state this year, underscoring the role that Pennsylvania will play in the 2012 election. The president told a crowd at Scranton High School that extending the payroll tax cut should trump partisan politics.
PRESIDENT BARACK OBAMA: Send your senators a message. Tell them - don't be a Grinch.
Secretary of State Hillary Clinton is in Myanmar, also known as Burma, to see if the county's leaders are serious about political reform. Myanmar has long been under international sanctions because of the repressive nature of the military junta that held power until recently. But there are signs that a new civilian government is loosening the military's grip.
The major central banks of the world moved Wednesday to prevent a banking crisis in Europe. They're providing more liquidity to the European banking system in hopes that big banks there will remain solvent and continue to make loans. The coordinated move by the central banks sent stock markets soaring. But it will not even begin to fix Europe's fundamental economic problems.
Melissa Block and Guy Raz read emails from listeners about a report on Kentucky's Berea College, about Melissa's remembrance of Vermont poet Ruth Stone, and about the other person responsible for that mega-hit earworm "Moves Like Jagger."