Search results for

Federal regulators moved to tighten banking rules to curb risky trading on Wall Street Thursday. The so-called Volcker rule, part of the 2010 Dodd-Frank regulatory overhaul, would preclude banks from making risky bets on their own accounts. Audie Cornish talks to Simon Johnson, a professor at MIT's Sloan School of Management, for more on what the rules will mean.

Tens of thousands of South Africans, joined by global dignitaries, gathered at Johannesburg's FNB Stadium in Soweto Tuesday to honor Nelson Mandela, who died last week.

The good news is that air travel to and from Venezuela is dirt cheap due to the difference between the official cost of tickets and the black-market currency rate. The bad news is that many flights are booked up months in advance.

Before Syria's civil war, there was no real need for a clinic that could teach the disabled how to walk on artificial legs. Now there's huge demand, not only for the legs, but also for training.

NBC Sports has made a bet on the English Premier League, and the network is making matches all ten Boxing Day matches available to paying cable subscribers. Matt Weiland, co-editor of The Thinking Fan's Guide to the World Cup, joins Robert Siegel to talk about why the Premier League games are worth watching.

Staffers at Bloomberg News accused editors of spiking an investigative story to avoid the wrath of the Communist Party. But analysts say accusations of self-censorship go far beyond this one case. One American academic compares China's censorial authority to a "giant anaconda" — its mere presence enough to make people limit their behavior.

For years, there's been talk in Washington, D.C., about the "grand bargain" — a big deficit-reducing budget deal that rewrites the tax code and trims from the long-term costs of Medicare and Social Security. Tuesday night, Sen. Patty Murray and Rep. Paul Ryan announced what can only be described as a small bargain. But if it's approved by the House and Senate, it would avoid another government shutdown in January.

Audie Cornish talks to Fawn Johnson, correspondent for The National Journal, about the pitfalls of immigration reform for its Republican opponents.

Adrian Moncrieffe was deported to Jamaica after police found a small amount of marijuana in his car. The Supreme Court decision means that he can now ask immigration authorities to allow him to return to the U.S., and to his wife and five American children.

Once the Cold War ended, much of Russia's surplus uranium from thousands of decommissioned weapons wound up in crumbling military facilities. In 1993, the U.S. Department of Energy made a deal to have the material converted to fuel for U.S. power plants. The last shipment arrives today.